Technology News
Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.
IonQ Shares Dip as Quantinuum IPO Sets New Quantum Valuation Benchmark
IonQ shares slipped 1.4% after Quantinuum's Nasdaq debut at $68 per share, valuing the Honeywell-backed quantum firm at $17.6 billion and offering a fresh benchmark for the sector.
Palantir Shares Slip Despite New Google Cloud Deal and Commercial Wins
Palantir shares declined 0.9% to $140.89, reversing early gains, as investors weigh the impact of new Google Cloud and commercial deals against ongoing valuation sensitivity and regulatory risks.
Reddit Rallies on Ad Tool Upgrades and Analyst Endorsement
Reddit shares jumped 6.3% on Thursday after Loop Capital reiterated a Buy rating and investors reacted to new automated app-ad tools.
Recursion Stock Surges Ahead of Goldman Sachs Conference Amid AI Drug Discovery Buzz
Recursion shares surged 12% to $3.87 on heavy volume ahead of a Goldman Sachs conference, as investors await updates on clinical trials, cash runway, and partnerships amid a broader AI drug-discovery rally.
CXApp Surges 75% on AI Acquisition, Raises Dilution Concerns
CXApp stock surged 75% following the $4.6 million acquisition of AI firm EngineRoom, which is expected to lift annualized revenue to $12 million. A concurrent share issuance to Avondale Capital flagged dilution risks.
Solidion Rockets on Space Battery News Despite Cash Crunch
Solidion shares soared 361% after announcing a battery platform for space and AI data centers, yet the company has no customer orders, minimal cash, and a going-concern warning.
Broadcom's AI Chip Miss Casts Doubt on Nvidia's Growth Trajectory
Broadcom's AI chip miss dragged Nvidia shares lower, as investors question whether Nvidia can sustain its rapid growth amid sky-high expectations.
AT&T shares pressured as Starlink IPO looms, analysts flag broadband risk
AT&T shares hover near $23.55 after a 4.4% decline on concerns over SpaceX's Starlink IPO, which could upend the broadband market. Oppenheimer downgraded AT&T, flagging long-term subscriber risk.
Alphabet Stock Slips on $84.75B Equity Raise for AI Spend
Alphabet shares fell 0.7% premarket as investors reacted to its $84.75B equity raise, anchored by a $10B Berkshire Hathaway investment, to fund AI infrastructure. 2026 capex is forecast at $180-$190B.
IREN Shares Slide on Australia Data Center Expansion Despite Major Contracts
IREN shares dropped 5.8% in premarket trading after announcing an 800MW Australian data center, despite a $3.65B GPU financing deal and contracts with Microsoft and Nvidia.
BlackBerry's QNX AI Strategy Faces Investor Scrutiny Ahead of Earnings
BlackBerry shares slipped to $10.18 as executives pitched QNX as a growth engine at Baird conference. Investors eye June 25 fiscal Q1 results for proof of AI-driven revenue momentum.