Technology News
Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.
Micron's HBM Supply Plan Faces New Rival as SK Hynix Begins U.S. ADR Sale
Micron shares rebound pre-market as SK Hynix begins a $28.07 billion U.S. ADR sale, challenging Micron's scarcity premium in AI memory. Micron plans $9.3 billion HBM plant in Hiroshima.
SpaceX Faces Rising Starlink Satellite Disposal Costs Ahead of Nasdaq 100 Debut
SpaceX decommissioned 609 Starlink satellites, representing 5.7% of its operational fleet, as the company faces significant disposal costs ahead of its Nasdaq 100 inclusion next week.
NIO Stock Dips 3.6% as Q2 Deliveries Miss Forecast, All Eyes on ES8 Launch
NIO stock dropped 3.62% to $4.79 after Q2 deliveries of 107,658 missed the company's forecast. June deliveries hit a record 40,597, but ONVO brand slipped. All eyes are on the upcoming ES8 launch on July 9.
Microsoft's AI Bet Faces Investor Scrutiny After Holiday Lull
Microsoft closed at $390.49 after the Independence Day holiday, with AI spending and the new Frontier Company under investor scrutiny.
Amazon Surges Past Nasdaq in Holiday Week; AWS Price Hike and Prime Day Data in Focus
Amazon shares climbed 4.3% in a holiday-shortened week, outpacing the Nasdaq's 2.1% gain. The rally was fueled by strong Prime Day sales and AWS price hikes, though trading volume declined.
BlackBerry's QNX Growth Drives Stock, Valuation Scrutiny Ahead
BlackBerry's stock fell 10% after a QNX-driven earnings beat, leaving valuation and short interest as key factors for the week ahead.
Palantir Surges 14.5% on AI Deal and Analyst Upgrade
Palantir Technologies (PLTR) surged 14.5% in a holiday-shortened week, boosted by a new AI partnership with NVIDIA and a bullish analyst upgrade.
Nvidia's Valuation Stretch Challenges Dip Buyers Amid $119B Supply Commitments
Nvidia's stock lags the market despite strong earnings, as $119 billion in supply commitments and China restrictions test investors.
Falcon 9 Booster Transports Semiconductor Pods on Starlink Mission
SpaceX's latest Starlink launch doubled as a test for semiconductor production in space, carrying two Besxar Fabships on the Falcon 9 booster.
Corning Shares Tumble 11% as AI Fiber Demand Faces Investor Skepticism
Corning (GLW) shares dropped 10.81% Thursday amid profit-taking, even as AI data-center fiber demand remains robust. The stock is still up over 124% year-to-date.
