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Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.

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Technology Jul 2 Sarah Chen

Microsoft Stock Rises on $2.5B AI Unit Launch, Outpaces Nasdaq

Microsoft shares climbed 1.62% to $390.49, boosted by its $2.5 billion Frontier AI unit, while the Nasdaq fell 0.80%. The gain added $46.1 billion in market value.

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Technology Jul 2 Sarah Chen

Amazon Edges Up as AWS Unveils $1B AI Projects for Clients and Intel

Amazon shares edged higher Thursday as AWS unveiled two $1 billion AI projects, including a generative AI engineer service and cloud credits for intelligence agencies.

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Technology Jul 2 Sarah Chen

Figma Surges 11.8% on Russell Index Inclusion and Heavy Options Activity

Figma shares surged 11.8% after being added to the Russell 3000, with heavy call buying and short covering driving the rally. The company's AI adoption and strong Q1 revenue growth support investor optimism.

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Technology Jul 2 Sarah Chen

Super Micro Computer Loses $1.6B Intraday as Taiwan Probe Relief Rally Reverses

Super Micro Computer (SMCI) shares slipped 2.8% to $26.87, wiping out $1.61 billion in intraday value after a relief rally over the Taiwan investigation reversed. The AI server stock remains under pressure.

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Technology Jul 2 Sarah Chen

Oracle's AI Backlog Surpasses $638B, But Spending Outpaces Revenue

Oracle's AI backlog reaches $638 billion, exceeding Microsoft's, but its market cap is just one-seventh. Heavy capex plans raise questions about funding and revenue conversion.

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Technology Jul 2 Sarah Chen

AMD Shares Dip Despite Bullish Analyst Targets, Focus Shifts to CPU Revenue Potential

AMD shares slipped 3.5% despite bullish analyst targets, as the market weighs the potential of its server CPU business to support a near-trillion-dollar valuation.

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Technology Jul 2 Sarah Chen

Apple Rally Narrows Upside as AI Upgrade Hopes Falter

Apple surged 3.9% to $305.81, adding $168B in market cap, but UBS data reveals Apple Intelligence hasn't accelerated iPhone upgrades, capping near-term upside.

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Technology Jul 2 Sarah Chen

Palantir Soars $23 Billion on Nvidia Deal and Analyst Upgrade

Palantir's stock jumped 7.77%, boosting market cap by $23.3 billion, after an analyst upgrade and a Nvidia partnership aimed at secure AI deployments.

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Technology Jul 2 Sarah Chen

UiPath Stock Holds Gains as Growth Pivot Shifts to Second Half

UiPath shares hover around $11.55 after a 6% gain, as full-year ARR guidance signals a heavier growth ramp in the second half.

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Technology Jul 2 Sarah Chen

CrowdStrike Stock Split Cuts Lot Cost to $19,300

CrowdStrike's 4-for-1 stock split lowers the cost of a 100-share lot to about $19,319, while the company's market cap stays near $199 billion.

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Technology Jul 2 Sarah Chen

Amazon's Satellite Deployment Falls Short of FCC Target After Atlas V's Final Flight

Amazon's final Atlas V launch added 29 satellites to its LEO network, leaving it 1,220 shy of the FCC's July 30 deadline. The company pivots to Vulcan, Falcon 9, and New Glenn.

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Technology Jul 2 Sarah Chen

Meta's AI Cloud Ambitions Add $128B to Market Cap

Meta Platforms (META) surged 8.8% in premarket trading after reports of a new AI cloud business, adding $127.6 billion in market value.

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