Technology News
Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.
Microsoft's Xbox Layoffs Disproportionately High vs Revenue Share
Microsoft cuts 1,600 Xbox jobs (33% of total layoffs) while gaming contributes just 6.4% of revenue. Azure drives growth.
iPhone 18 Pro Max Price May Rise $200 as Component Costs Surge
Counterpoint Research estimates Apple's iPhone 18 Pro Max may cost $200 more, as component costs rise nearly $300, squeezing margins despite premium mix.
AT&T Drone Detection Test May Outshine Merger-Adjusted Filing
A Fifth Third filing showed a 0.6% drop in AT&T holdings after the Comerica merger, but the real story is AT&T and Ericsson's drone detection test using commercial cellular networks.
TeraWulf's $19B Anthropic Lease Raises $3.5B Debt Concerns
TeraWulf's $19B lease with Anthropic includes a $3.5B debt package, sparking concerns over financing costs and execution risks.
Intel's $53 Billion Drop Overshadows Altera IPO Prospects
Intel's $53B market cap loss dwarfs its $4.29B Altera stake. Altera aims for mid-20% growth, but Intel's core issues persist.
UiPath Stock Trades Flat Despite Near-Float Volume; Buyback Provides Floor
UiPath (PATH) shares barely moved last week despite massive trading volume near the float, as the company's aggressive buyback program and elevated short interest create a tug-of-war.
SpaceX Starship Flight 13: Key Test for Satellite Deployment and Investor Sentiment
SpaceX's Starship Flight 13 on July 16 will test satellite deployment and engine relight, with investors eyeing the stock's performance after a 10.3% drop.
Arista Networks Surges $34B in Value, But Rally Masks Key Risks
Arista Networks surged $34B in market cap this week, but the rally came on light volume and unchanged earnings estimates, raising questions about sustainability.
Cisco Surges 7.6% in a Week but Arista Doubles Its Gains
Cisco shares climbed 7.6% in the week through July 10, contributing 51 points to the Dow, but Arista Networks outpaced it with a 16.9% gain.
Indian Railways Sanctions ₹381 Crore for Two Projects, Kavach Gets 54%
Indian Railways has sanctioned ₹381 crore for two separate projects, with over half going to the Kavach train protection system. The allocation covers 680 route km at ₹30.3 lakh per km.
NASA Seeks Industry Input on Lunar Supply Chain as Moon Base Ambitions Grow
NASA is seeking industry input on lunar supply chain bottlenecks as a six-person moon base may need 26 resupply runs annually. ispace books SpaceX Starship space, and Intuitive Machines wins NASA contracts.