Technology News
Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.
Zoho Founder Warns of Big Tech Sovereignty as Alphabet's $32B Bond Sale Fuels Debate
Zoho co-founder Sridhar Vembu reignited warnings about Big Tech's sovereign-like power following Alphabet's massive $31.5 billion bond issuance, drawing parallels to historical colonial trading companies.
ServiceNow Gains on Inflation Data, Insider Moves and Leadership Shift in Focus
ServiceNow shares climbed 3.6% to $107.08 Friday, buoyed by a softer U.S. inflation report. Investors are monitoring insider transactions, a leadership transition, and the company's financial targets.
Applied Materials Surges on AI Chip Demand Forecast; Tech Sector Wavers
Applied Materials shares rallied sharply Friday following an optimistic forecast tied to artificial intelligence infrastructure spending, even as the broader technology sector faced weekly losses amid market volatility.
Quantum Computing Stocks Rally Ahead of Key Earnings Reports
Quantum computing equities advanced Friday, led by Rigetti Computing and IonQ, as investors looked past a downgrade and toward upcoming quarterly results. Markets are closed Monday for the holiday.
Intel's Neutral Rating Highlights 'Show Me' Turnaround Challenge Ahead of Key Week
Intel stock closed slightly higher Friday after D.A. Davidson started coverage with a Neutral rating and $45 price target, labeling the chipmaker's recovery a 'show me' story. Trading resumes Tuesday post-holiday with Fed minutes and chip demand signals in focus.
Microsoft, Aramco Forge AI Alliance, Set 2026 Saudi Azure Launch
Microsoft and Saudi Aramco have agreed to collaborate on industrial artificial intelligence projects and workforce development. The tech giant confirmed its Saudi Arabia East Azure cloud region will commence operations in late 2026.
Palantir Gains on Defense Cloud Clearance, Faces Valuation Scrutiny
Palantir shares advanced 1.8% to $131.41 Friday following a key Defense Information Systems Agency authorization for its federal cloud service. Trading volume hit 49 million shares in a volatile session as investors balanced defense contract momentum with renewed valuation concerns.
Applied Materials Surges on AI-Driven Forecast, Settles Export Case
Applied Materials shares rallied sharply following an upbeat quarterly forecast driven by artificial intelligence and memory market demand. The company also resolved a U.S. export-control investigation with a substantial settlement.
Apple Shares Slide on Regulatory Pressure and AI Delays Ahead of Key Week
Apple shares declined 2.3% to $255.78 Friday, marking a two-day drop exceeding 7% following an FTC warning letter and reported delays in AI-powered Siri features. The stock heads into the Presidents Day break having wiped out its 2026 gains.
Micron Shares Close Lower as Major Investor Stake Revealed Ahead of Holiday
Micron Technology shares closed lower Friday after a regulatory filing revealed Capital World Investors holds a 5.2% stake. Trading resumes Tuesday following the Presidents Day holiday.