Technology News
Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.
Alphabet Shares Shed $200B on Gemini 3.5 Pro Rollout Delay
Alphabet lost nearly $200 billion in market value after delaying its Gemini 3.5 Pro AI launch, with shares falling 4.4% as investors worry about AI returns.
Amazon Stock Holds Steady as AWS Leadership Transition Looms
Amazon shares traded near $256 as investors focused on the upcoming AWS leadership change and the impact of heavy AI spending on free cash flow.
Intel's High-NA EUV Milestone: A $400 Million Bet on Manufacturing Edge
Intel achieves a manufacturing first with High-NA EUV on Panther Lake, but the steep $400 million tool price and limited external foundry revenue highlight the financial challenges ahead.
AST SpaceMobile Proposes $1B Convertible Note, Cash Reserves Dip 21%
AST SpaceMobile (ASTS) proposes $1B in convertible notes to bolster liquidity after a 21% cash decline. Shares fell 13.5% AH.
IREN Bolsters Security as $3.1B AI Revenue Hurdle Looms
IREN appoints a new CISO while targeting $3.1B in contracted AI-cloud revenue, with Microsoft and NVIDIA representing 84% of the backlog.
Amazon Deal Paves Way for Board Observer, 20% Stake in Electrovaya
Electrovaya shares surged 37% after revealing a deal with Amazon that could give the e-commerce giant a board observer and up to a 20% stake.
Amazon Leo Signs Herotel for South Africa Despite Sparse Satellite Fleet
Amazon has partnered with Herotel to distribute its Leo satellite broadband in South Africa, aiming for a 2027 launch despite having only 12% of its planned first-generation constellation in orbit.
Reflect Orbital's FCC License Paves Way for Massive Satellite Constellation
Reflect Orbital's FCC license for a test satellite is a small step; the company's plan to deploy 50,000 satellites by 2035 requires a massive manufacturing ramp.
Alibaba Surges $17B on Apple AI Deal, but Revenue Path Unclear
Alibaba's stock surged 6.2% after China approved Apple Intelligence, integrating Alibaba's Qwen AI into Apple's OS. The $16.7B market cap gain highlights investor optimism, but revenue details remain elusive.