Technology News
Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.
Alibaba Shares Near 52-Week Low Despite Kling AI Investment
Alibaba shares in Hong Kong rose 5.1% for the week but remain near their 52-week low as the company joins Kuaishou's Kling AI funding round alongside Tencent and Baidu.
Nebius Faces New Risk as Meta Cloud Plans Emerge
Nebius shares dropped 5.92% on news Meta may build its own AI cloud, threatening a major contract. Two-day trading volume hit 54.83 million shares, about 25% of Nebius's Class A float.
Dell's Texas Move Sets $7.7B Bar for Shareholder Lawsuits
Dell's reincorporation in Texas includes a 3% ownership rule for derivative lawsuits, equating to about $7.7 billion. Shares dropped 7.27% to $394.32, despite strong AI server revenue.
Meta's $62B AI Cloud Deals at Risk as Internal Plans Evolve
Meta's potential cloud business threatens $62B in AI capacity deals with CoreWeave and Nebius, as investors weigh capex risks and neocloud stock selloffs.
Oracle's $638B AI Backlog Faces $95B Capex Challenge
Oracle (ORCL) reveals a $638 billion AI backlog, yet its $95 billion capex plan and negative free cash flow have investors questioning the funding strategy.
Kioxia's 9% Surge Drives 16% of Nikkei's Friday Gain
Kioxia's 9.23% jump on Friday contributed 165 points, about 16% of the Nikkei 225's 1,010.92-point gain, fueled by production news and AI storage demand.
Intel Loses $112B in Market Cap Ahead of Q2 Earnings Test
Intel lost $112 billion in market value from its June 30 peak, closing at $120.35. The chip giant faces a critical earnings report on July 23.
Nvidia Holds Steady as Cloud Partners Plan Massive 210,000-GPU Deployment
Nvidia shares rose 1.2% week-over-week amid plans by cloud partners to deploy up to 210,000 GPUs, highlighting a shift to revenue-sharing models.
