Technology News
Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.
Alibaba Unveils Qwen3.8-Max-Preview AI Model Amid Apple Partnership Hopes
Alibaba (BABA) introduced Qwen3.8-Max-Preview on Sunday, a 2.4 trillion parameter AI model. ADRs ended the week up 2.35% after an Apple approval surge, but half of Wednesday's gains were lost by Friday's close.
United Airlines Tech Glitch Raises Fresh Risk Warnings After 8% Stock Slide
United Airlines (UAL) experienced a reservation system outage on Saturday, impacting check-in and ticketing operations. The incident follows an 8.4% weekly stock decline, heightening scrutiny of technology risks.
NVDA Outperforms Peers Despite Nearly $200B Market Cap Loss
NVIDIA shares fell 3.9% last week, losing nearly $200B in market cap, but outperformed the broader chip sector as the PHLX Semiconductor Index dropped 10%.
Super Micro Holds Steady Amid Funding Scrutiny and $39B AI Order Book
SMCI shares edged up 1.5% to $25.04, with a $39 billion AI order book facing skepticism over order cancelability and potential dilution from a June funding deal.
Broadcom Bounces Back After VMware Deal Boosts Margins
Broadcom shares rebounded 0.5% after an early 4.4% decline, buoyed by strong software margins from the VMware acquisition and a new contract with Standard Chartered.
AMD Shares Tumble 7% as Wall Street Adjusts Price Targets Amid GPU Focus
AMD shares dropped 7% to $465.79, triggering revised Wall Street targets. GPU growth expectations remain central, with KeyBanc's $725 target now 56% above the stock price.
UiPath Faces $129M ARR Hurdle After Retail AI Pact; Tetragon Boosts Stake 21%
UiPath must achieve $129 million in annualized recurring revenue growth in the second half of fiscal 2026, following a partnership with UK retailer The Very Group. Tetragon Financial increased its passive stake by 21%.
Alphabet Loses $200B on Gemini 3.5 Pro Delay, AI Strategy Questioned
Alphabet shares fell 4.44% on Thursday, erasing nearly $200 billion in market value, as reports of a delay in the Gemini 3.5 Pro launch raised doubts about the company's AI investment strategy.
Trade Desk Eyes 8% Revenue Growth Amid New Hires
The Trade Desk shares fell 1.3% to $19.12 as the company targets 8.1% Q2 revenue growth. New commercial hires aim to address growth deceleration.