Technology News
Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.
SpaceX Starlink Launch Cadence Signals Revenue Strength as Short Interest Rises
SpaceX completed its 59th Starlink launch of 2026, adding 24 satellites. Short interest rose to 13% of free float as shares traded at $156.08, with Starlink revenue at $11.2B.
Alibaba Stock Plunges 4.4% on Anthropic's Massive AI Data Theft Allegations
Alibaba (HKG:9988) lost 4.43% to HK$95.00, erasing HK$88 billion, after Anthropic alleged Alibaba-linked groups conducted 28.8 million illicit Claude AI exchanges, intensifying US security scrutiny.
Micron and Qualcomm Surge After Hours, Sparking $400 Billion Chip Rally
Micron (MU) soared 16% after hours on $100 billion in customer commitments; Qualcomm (QCOM) jumped 13% on a $15 billion data-center target, fueling a $400 billion chip rally.
Broadcom Stock Rises on OpenAI Chip Deal, Margin Concerns Loom
Broadcom shares rose on news of a custom AI chip partnership with OpenAI, but CEO Hock Tan's margin warnings keep investors cautious.
SanDisk Surge Tested as AI Memory Demand Diverges From Micron
SanDisk (SNDK) shares surged 9.5% in after-hours trading following Micron's bullish Q4 forecast, but concerns linger over its data-center revenue mix.
Snap's AR Bet Nears Half Its Market Value as Meta Competes
Snap has invested over $3.5 billion in Specs AR glasses, nearly half its $7.5 billion market value, as Meta launches cheaper $299 AI glasses and SNAP stock slides 12% since the June 16 launch.
Archer Aviation Slips as Shareholders Await Texas Redomicile Vote
Archer Aviation shares declined for a third straight session as shareholders prepare to vote on a move to Texas, while the company advances its Midnight eVTOL into Phase 4 FAA testing.
Joby Aviation Shares Slide on Cash Burn and FAA Certification Hurdles
Joby Aviation shares dropped 3.5% to $9.22 as market concerns over FAA certification progress and cash burn rates persist, despite a first-quarter revenue rise.
Palantir Hits New 52-Week Low Despite AI Deal and Strong Revenue Growth
Palantir (PLTR) shares dropped to a 52-week low of $112.94, even after announcing an AI marketing deal with Zeta Global and reporting strong U.S. revenue growth.
Hyperscale Data Surges on $1.2 Billion AI Compute Deal
Hyperscale Data shares jumped 6.4% after announcing a 10-year, $1.2 billion AI compute deal at its Michigan campus, with potential revenue exceeding $3 billion if expanded.