Technology News
Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.
Apple's WWDC: AI Hopes vs. Rate Reality
Apple shares slid 1% to $308.21 ahead of WWDC as tech stocks fell. Investors seek concrete AI and Siri updates amid a strong jobs report that dims rate cut expectations.
Tesla Stock Tumbles Despite J.P. Morgan's Bullish Price Target Hike
Tesla shares slid about 5% to $397.42 Friday despite J.P. Morgan lifting its rating and tripling its price target to $475, as investors weighed robotaxi ambitions against safety and regulatory risks amid a broader tech selloff.
BlackBerry Stock Pulls Back After Rally, Eyes on QNX Growth
BlackBerry shares slipped 8% after a sharp rally, with investors now focused on upcoming earnings to confirm growth in QNX and secure communications.
C3.ai CEO Siebel Invests $69M to Revive Struggling AI Firm
C3.ai CEO Thomas Siebel invested nearly $69 million in company stock as the firm faces steep revenue drops and forecasts further losses, despite an expanded Shell contract.
SmartKem Stock Surges in Premarket on Heavy Volume Amid Nasdaq Compliance Concerns
SmartKem shares surged nearly 80% in premarket trading Friday following a strong close Thursday, with no new company news. The sub-$1 stock faces Nasdaq compliance issues and a shareholder vote on June 23.
SoFi Launches AI Coach; Stock Climbs in Pre-Market Trading
SoFi shares jumped 2.8% pre-market after unveiling SoFi Coach, an AI tool for personalized financial advice, as the company seeks to deepen user engagement beyond lending.
Broadcom Stock Slips After AI Revenue Forecast Misses Expectations
Broadcom shares fell after its AI chip revenue forecast of $16 billion missed Wall Street estimates, despite strong year-over-year growth.
Nvidia Holds Ground Amid AI Chip Sector Weakness
Nvidia shares rose 1.8% premarket to $218.66, holding steady as Broadcom's AI-chip forecast disappointed and Nasdaq futures slipped.
BlackBerry Shares Surge on QNX Software Momentum Ahead of Earnings
BlackBerry shares climbed 1.4% to $10.34, approaching a 52-week high, as QNX software gains traction in robotics and physical AI. The next key catalyst is the June 25 earnings report.
ChronoScale Rockets 18% on Tesla Vet's Appointment as CTO
ChronoScale shares jumped 17.8% to $22.43 after naming former Tesla VP Raj Jegannathan as CTO and Lawrence Lam as CPO, signaling a push to scale its AI infrastructure business.