Technology News
Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.
D-Wave Quantum Tumbles 9% as Speculative Tech Stocks Retreat Ahead of CPI Data
D-Wave Quantum shares dropped nearly 9% as a broad selloff in speculative tech stocks hit the sector, despite strong Q1 bookings. Revenue fell 81% and the company posted an $18.4 million loss.
Velo3D Stock Surges on Gas-Turbine Deal with Aurelia Technologies
Velo3D shares jumped 21% to $19.64 on a gas-turbine manufacturing deal with Aurelia Technologies, using its Sapphire XC platform. The order value was not disclosed, but the move signals growth beyond aerospace and defense.
UiPath Shares Slide 5% Despite First GAAP Profit as AI Selloff Continues
UiPath shares dropped 5% to $10.63 amid a broad tech selloff, even after the company posted its first GAAP profit and raised its full-year outlook.
Salesforce Job Cuts Deepen Amid AI Pivot, Investor Scrutiny
Salesforce has cut an additional 86 roles across key units as it pushes into AI agents, with shares falling 4.6% amid questions over its traditional software model.
Regentis Biomaterials Stock: Surgeon Training for GelrinC Knee Implant Set for Q3
Regentis Biomaterials shares fell slightly premarket after announcing European surgeon training for its GelrinC knee implant will start in Q3, a commercial milestone but not yet revenue.
AmpliTech's 64T64R Massive MIMO Radio Shines at O-RAN PlugFest, AMPG Jumps 27%
AmpliTech shares surged 26.7% after its 64T64R Massive MIMO radio was the only one of its kind at O-RAN PlugFest, showing interoperability with major carriers. No new orders were announced.
Snap Stock Dips Despite Nasdaq Rally as Investor Focus Shifts to June 16 Event
Snap shares fell 1.9% to $5.65, lagging a rising Nasdaq, as weak ad revenue and North American user declines offset cost cuts. All eyes on CEO Evan Spiegel's June 16 keynote.
Tesla Shares Rally on China Sales Rebound, Robotaxi Progress in Focus
Tesla shares rallied on a strong rebound in China retail sales, but the stock faces a test as U.S. inflation data and the small size of its robotaxi fleet loom.
Micron Stock Edges Higher as AI Memory Demand Fuels Optimism Ahead of Earnings
Micron shares gained 3.77% in premarket trading as analysts raised targets on strong AI-driven HBM demand. The company's fiscal Q3 earnings on June 24 will test if the memory cycle shift is sustainable.