Technology News
Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.
Nvidia Gains on $4 Billion Optics Investment as Sector Slumps
Nvidia shares advanced 1.5% to $179.80, defying a market slide after committing $4 billion to optics suppliers Lumentum and Coherent. The move aims to secure advanced laser and networking components for AI data centers.
Kingsoft Cloud Shares Drop on Higher Related-Party Lease Caps
Kingsoft Cloud Holdings Limited shares declined 5.6% in early trading following an SEC disclosure of higher related-party transaction caps for property services and leases. Investors are monitoring upcoming Hong Kong disclosures and U.S. payroll data.
Kingsoft Cloud Shares Slide on Increased Related-Party Lease Caps
Kingsoft Cloud Holdings Limited shares declined 5.6% in early trading following a regulatory filing disclosing elevated annual caps for connected property transactions. Investors are monitoring for further disclosures and upcoming U.S. economic data.
Kingsoft Cloud Shares Slide on Increased Related-Party Lease Caps
Kingsoft Cloud Holdings Limited shares declined 5.6% in early trading following a regulatory filing detailing increased annual caps for related-party property and lease agreements. Investors are monitoring upcoming Hong Kong disclosures and U.S. payrolls data.
Block Shares Retreat After AI-Driven Rally, Analysts Split on Restructuring
Block shares declined 3.3% to $61.57 in premarket activity Monday, cooling from Friday's 16.8% surge driven by restructuring plans. Analysts remain divided on the long-term implications of the company's AI-focused job cuts.
Block Shares Retreat After AI-Driven Rally, Analysts Split on Outlook
Block shares declined 3.3% to $61.57 in premarket activity Monday, cooling from Friday's 16.8% surge driven by workforce reductions and an improved profit outlook. Analysts remain divided on the long-term implications.
Block Shares Retreat After AI-Driven Restructuring Rally
Block shares declined 3.3% to $61.57 in premarket activity Monday, cooling from Friday's 16.8% rally driven by workforce reductions and an improved profit forecast. Morgan Stanley upgraded the stock to Overweight with a $93 target.
CoreWeave Shares Slide on Aggressive $35B Capex Plan, Investor Scrutiny
CoreWeave shares declined 3.6% in premarket activity Monday following the company's announcement of a massive $30-35 billion capital spending plan for 2026. The AI infrastructure provider also reported a Q4 net loss of $452 million.
Netflix Shares Retreat in Premarket After Warner Bros. Exit, Analyst Upgrades
Netflix shares declined approximately 2% in premarket trading Monday, giving back some of Friday's sharp gains following its withdrawal from the Warner Bros. Discovery contest. JPMorgan upgraded the stock to Overweight with a $120 price target.
WiseTech Global shares drop amid AI restructuring, CEO purchase
WiseTech Global shares declined 4.7% as the market weighs its AI-led overhaul involving 2,000 job cuts. CEO Zubin Appoo purchased A$1 million in shares last week.
WiseTech Shares Drop Amid AI Restructuring, CEO Purchase
WiseTech Global shares declined 4.7% as the market weighs its AI-led overhaul involving 2,000 job cuts. CEO Zubin Appoo purchased A$1 million in shares last week.
Synopsys Faces Investor Scrutiny After Downgrade, Key Event Ahead
Synopsys shares declined following a Morgan Stanley downgrade and price target cut. Investors await the company's Converge event on March 11 for strategic updates.