Technology News
Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.
Laser Photonics Jumps 121% on Anti-Drone System's Defense Review Selection
Laser Photonics shares surged 121% after its anti-drone system was selected for a key U.S. defense technical review, but no contract or sales were announced, and the company faces a Nasdaq compliance notice.
Legend Biotech Surges on Promising Early In Vivo CAR-T Data
Legend Biotech shares soared over 35% after early Phase 1 data showed all six high-dose patients with relapsed/refractory B-cell NHL responded to its in vivo CAR-T drug LB2501, with five complete responses and no relapses as of April 1.
D-Wave Quantum Stock Wavers After Laying Out 2032 Gate-Model Roadmap
D-Wave shares erased early gains to close flat after unveiling a gate-model roadmap targeting 100 logical qubits by 2032. Analysts raised price targets, but revenue fell 81% and a $100M grant is pending.
Gaxos.ai Surges 57% on AWS Investment in AI Sales Platform
Gaxos.ai shares surged 57% to $1.87 on record volume after AWS disclosed further investment in its AI sales-coaching platform, though deal specifics remain undisclosed.
IBM Shares Cool After Quantum, Barclays, and Retail Rally
IBM shares eased 0.4% to $319.10 after hitting a high of $327.22, as investors weighed a $10B quantum computing plan, a Barclays upgrade, and a $1B CHIPS-funded foundry. Retail trading spiked but risks persist.
POET Technologies Rebounds on AI Optics Demand and $400M Financing
POET Technologies shares surged 10% to $15.24 as traders returned to the AI-hardware stock after a 17.1% drop, boosted by a $400M financing and a $50M Lumilens deal potentially worth $500M.
Micron Hits $1 Trillion Market Cap as AI Memory Demand Drives Analyst Upgrades
Micron Technology stock surged above $1,000, reaching a $1.18 trillion market cap, as multiple analysts raised price targets on strong AI-driven demand for high-bandwidth memory and tight supply.
Amazon's Satellite Internet Nears Commercial Launch, BofA Says
Bank of America maintains a Buy rating on Amazon with a $310 price target, citing the imminent first revenue from its Leo satellite network, which now has 331 satellites deployed.
Arm's AI Chip Revenue Target Nears as Demand Surges Beyond Expectations
Arm CEO Rene Haas says demand for its AI data-center CPU is outpacing forecasts, with customers like ByteDance and Oracle. Shares jumped 15.73% to an all-time high as Nvidia launched an Arm-based PC chip.