Technology News
Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.
Microsoft's Russell Index Shift Tests Value-Growth Dynamics Amid June Selloff
Microsoft fell 3.46% to a 52-week low ahead of the $150 billion Russell index reconstitution, which places the stock in both value and growth categories. EU regulations, Italian antitrust probe, and rising memory costs add pressure.
Apple Loses $263 Billion in Market Cap as Memory Costs Bite
Apple shares plunged 6.12%, wiping out $263 billion in market cap, as the company raised Mac and iPad prices amid soaring memory costs, sparking fears over iPhone pricing.
Qualcomm Stock Surges $16 Billion on Upbeat Data Center Revenue Forecast
Qualcomm shares jumped 7.6% to $212.34, adding $16 billion in market value after raising its fiscal 2029 data center revenue target to over $15 billion. The stock later gave back much of its early gains.
Apple Raises Mac, iPad Prices Amid DRAM Cost Surge, iPhone Unchanged
Apple raised Mac and iPad prices by $100-$300 due to soaring memory costs, while iPhone prices stayed unchanged. Shares fell 4.8% as investors weighed margin pressure from rising DRAM prices.
Corning Stock Gains Despite Flat Dividend as AI Fiber Demand Fuels Growth Bets
Corning shares jumped 6.1% to $205.83, driven by AI fiber demand, as the company held its dividend flat at $0.28 per share, yielding only 0.54%.
SpaceX Starlink Launch Cadence Signals Revenue Strength as Short Interest Rises
SpaceX completed its 59th Starlink launch of 2026, adding 24 satellites. Short interest rose to 13% of free float as shares traded at $156.08, with Starlink revenue at $11.2B.
Alibaba Stock Plunges 4.4% on Anthropic's Massive AI Data Theft Allegations
Alibaba (HKG:9988) lost 4.43% to HK$95.00, erasing HK$88 billion, after Anthropic alleged Alibaba-linked groups conducted 28.8 million illicit Claude AI exchanges, intensifying US security scrutiny.
Micron and Qualcomm Surge After Hours, Sparking $400 Billion Chip Rally
Micron (MU) soared 16% after hours on $100 billion in customer commitments; Qualcomm (QCOM) jumped 13% on a $15 billion data-center target, fueling a $400 billion chip rally.
Broadcom Stock Rises on OpenAI Chip Deal, Margin Concerns Loom
Broadcom shares rose on news of a custom AI chip partnership with OpenAI, but CEO Hock Tan's margin warnings keep investors cautious.