Technology News
Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.
Salesforce Surges $21 Billion in Value After Landing Major VA Contract
Salesforce shares surged 5.4% to $182.92, boosting market value by $21.4 billion after winning a $1.6 billion VA contract. The deal highlights growing government adoption of its AI and data platforms.
Shopify Stock Jumps 11.5% as Payments Shift Bolsters AI Defensibility
Shopify shares surged 11.5% Monday as RBC Capital Markets placed it among top software firms for AI defensibility, driven by a payments shift that accounted for 84% of merchant-solutions growth in Q1.
D-Wave Quantum Soars 20% on AT&T Deal, Adding $1.2 Billion in Market Value
D-Wave Quantum shares jumped 20.4% on Monday following an expanded partnership with AT&T, adding $1.21 billion to its market cap.
QuantumScape Recovers $180M After Steep Weekly Drop, But 70% Loss Lingers
QuantumScape recouped $180 million on Monday, but 70% of last week's $600 million loss remains. PowerCo's reduced payment cap and execution risks weigh on the stock.
UiPath Shares Recover as Buyback Price Becomes Key Focus
UiPath shares recover 1.7% in premarket after a 10.8% weekly drop, with the stock now trading below the company's recent buyback price.
CXMT Shares Surge 466% on DRAM Profit Boom, Market Cap Hits 3.28 Trillion Yuan
CXMT shares soared 466% on Monday, pushing its market cap to 3.28 trillion yuan and overtaking ICBC as China's largest public company, driven by soaring DRAM profits.
