Technology News
Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.
Western Digital Stock Dips Amid 32TB Drive Shipments, AI Demand Focus
Western Digital stock declined roughly 3% in Monday trading, underperforming the broader market. The company's sales director disclosed shipments of 3.5 million high-capacity 32TB hard drives last quarter.
Western Digital Stock Dips Amid 32TB Drive Shipment Data, AI Demand Focus
Western Digital stock declined approximately 3% during Monday trading, underperforming broader indices. The company disclosed it shipped 3.5 million units of its high-capacity 32TB nearline hard drives in the previous quarter.
Kratos Defense Shares Rise on SSC Space Deal Amid $1.17B Offering
Kratos Defense shares advanced 3.9% following news that SSC Space implemented its OpenSpace satellite ground platform. The move comes as the company prices a $1.17 billion public offering at $84 per share, scheduled to conclude on March 2.
Kratos Defense Shares Surge on SSC Space Deal Amid Major Equity Offering
Kratos Defense shares climbed 3.9% to $89.56 following news of SSC Space adopting its OpenSpace satellite ground platform. The gain comes as the company prepares to close a $1.17 billion public stock offering priced at $84 per share.
Microsoft Gains on UAE AI Investment Amid Energy Volatility
Microsoft shares advanced Monday as the company confirmed a multi-billion dollar AI and cloud investment plan in the UAE, navigating a market unsettled by rising oil prices and strategic shifts among AI rivals.
Microsoft Gains on UAE AI Investment Amid Energy Volatility
Microsoft shares advanced Monday as the company confirmed a multi-billion dollar AI and cloud commitment in the UAE. The stock's performance contrasted with broader market pressures from rising energy prices and Middle East tensions.
Microsoft Gains on UAE AI Investment Amid Energy Volatility
Microsoft shares advanced 1.2% to $397.31, buoyed by details of a major UAE AI investment plan. The stock's performance comes against a backdrop of rising energy prices and ongoing strategic shifts in the artificial intelligence sector.
Netflix Shares Dip Despite JPMorgan's Bullish Call Following $2.8B Deal Termination
Netflix shares edged lower despite JPMorgan initiating coverage with an Overweight rating and $120 price target. The streaming company recently received a $2.8 billion termination fee after walking away from the Warner Bros. acquisition.
Nvidia Gains on $4 Billion Optics Deals as AI Infrastructure Buildout Intensifies
Nvidia shares advanced 1.5% to $179.80, defying a down market, after committing $4 billion to secure optics supply from Lumentum and Coherent for AI data centers. Investors now look to the upcoming GTC conference for new product signals.