Technology News
Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.
ServiceNow Retreats After AI Workforce Launch; Focus Turns to Adoption Metrics
ServiceNow shares fell 1.18% to $108.01, giving back some of Thursday's 5% surge after unveiling new AI tools. Analysts highlight the shift from summarizing to action-taking AI but warn of implementation hurdles.
Cisco Gains Amid Security Concerns, Investor Events Loom
Cisco shares advanced 1.7% to $79.46 Friday, recovering from Thursday's decline. The company faces security warnings about an actively exploited SD-WAN flaw and prepares for investor meetings at Mobile World Congress and Morgan Stanley's TMT conference.
Block Soars on AI-Driven Restructuring, Eyes 2026 Profit Targets
Block shares jumped sharply following a major workforce reduction tied to AI integration and updated financial guidance projecting significantly higher profitability by 2026.
Applied Materials Retreats from Highs Amid Insider Sale and Sector Pressure
Applied Materials shares fell 0.91% to $372.30 Friday, retreating from a recent peak near $396. The drop followed an insider sale and a sector-wide decline driven by inflation data and Nvidia's earnings aftermath.
Micron Shares Retreat as AI Chip Rally Stalls; Focus Shifts to India Plant, Earnings
Micron Technology's stock declined Thursday, mirroring a sector-wide pullback in AI-linked chips following a drop in Nvidia. Attention now turns to the company's upcoming earnings report and the inauguration of its new assembly plant in India.
Apple Shares Dip as Tech Rally Stalls, Cook Hints at Major Product Week
Apple shares declined 0.5% to $272.95, mirroring a broader tech sell-off. CEO Tim Cook signaled a major product announcement week beginning Monday, while an IDC report forecast a sharp 12.9% drop in global smartphone shipments for 2026.
Accenture Surges 8% on Strategic AI Alliance with Mistral
Accenture shares climbed nearly 8% late Thursday following a new AI partnership with French startup Mistral AI. The deal provides Accenture's workforce with access to Mistral's AI products.
Visa Tops AI Maturity Index, Shares Gain Amid Market Slump
Visa shares advanced 1.1% to $316.53 on Thursday, outperforming a falling market after being ranked number one for AI maturity in the payments sector. Attention now turns to upcoming producer price data and Visa's quarterly earnings.
AppLovin Shares Extend Rally Amid Regulatory Scrutiny and Sector Headwinds
AppLovin Corporation shares advanced nearly 5% in Thursday trading, building on prior session gains despite ongoing regulatory investigation and broader ad-tech sector concerns over demand.
Applied Materials Retreats from Record High Amid AI Sector Pullback
Applied Materials shares dropped 5.45% to $373.43 on Thursday, retreating from a 52-week high. The decline followed broader weakness in semiconductor and artificial intelligence stocks.
Intel Stock Retreats as Chip Rally Loses Steam
Intel shares dropped 3.3% to $45.33, reversing earlier gains as chip stocks slid after Nvidia's results failed to boost sentiment. The decline followed Intel's AI inference partnership announcement with SambaNova.