Technology News
Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.
Apple Shares Slide Amid Regulatory Pressure and AI Development Delays
Apple shares fell in Friday trading, extending losses after a sharp selloff. The decline follows an FTC warning about Apple News and reports of delays to new Siri AI capabilities.
Microsoft Gains on Cool Inflation Data, Aramco AI Partnership
Microsoft shares advanced slightly Friday following cooler-than-expected inflation figures and a new AI partnership announcement with Saudi Aramco.
Algorhythm's AI Freight Claims Spark Market Turmoil, Trucking Stocks Tumble
Algorhythm Holdings shares jumped 16.7% in premarket trading following a 30% surge Thursday, as its AI freight efficiency claims triggered a selloff in trucking and logistics stocks.
Apple Shares Stabilize After $200B Rout Amid AI, Regulatory Concerns
Apple shares edged up 0.1% in premarket trading Friday, attempting to stabilize after a sharp 5% decline erased roughly $200 billion in market value. Investors are assessing internal challenges with the Siri AI overhaul and regulatory scrutiny.
Experian Gains on ChatGPT Insurance App and Buyback Announcement
Experian's stock advanced 1.6% in London trading following the launch of an insurance comparison app within ChatGPT and a new share buyback transaction.
Krafton Eyes AI Robotics and $1 Trillion Shareholder Returns After Record Revenue
Krafton is exploring applying its game-trained AI to humanoid robots while launching a major shareholder return program after achieving record annual revenue.
Kyndryl Deploys Policy-as-Code to Rein In Autonomous AI Agents
Kyndryl has introduced a policy-as-code system to enforce business rules on autonomous AI agents in regulated environments, responding to growing governance concerns.
Analog Devices Dips After Barclays Upgrade, Eyes Earnings and CPI
Analog Devices shares declined 1.7% to $331.38, pulling back from a recent peak. The drop occurred even as Barclays upgraded the stock, citing potential industrial recovery.
Qualcomm Downgraded by Daiwa Amid Smartphone Memory Supply Concerns
Qualcomm stock declined 1.8% after Daiwa Securities cut its rating to neutral with a $140 target, highlighting DRAM supply issues impacting smartphone demand.
Uber Stock Dips Amid AI Expansion and Robotaxi Launch
Uber Technologies stock declined 0.7% as it debuted a commercial robotaxi service in Abu Dhabi and introduced an AI-powered grocery assistant, amid broader tech sector volatility.
Texas Instruments Retreats as Chip Stocks Slide Ahead of Inflation Data
Texas Instruments shares declined 1.4% to $223.34, reversing earlier gains as semiconductor stocks weakened ahead of key inflation data. The company's planned $7.5 billion acquisition of Silicon Labs remains in focus.
Lam Research Dips Amid Export Settlement, CPI and Applied Materials Results Loom
Lam Research shares declined slightly in volatile trading as the sector digested a major export-control settlement and awaited key inflation data and peer earnings.