Technology News
Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.
Sandisk recovers $13.8B in premarket but remains $28.8B below peak after selloff
Sandisk (SNDK) gained 5.33% in premarket trading Monday, recovering $13.8B in value, but shares remain $28.8B below the July 2 close after a 14.13% drop erased $42.5B.
Micron's HBM Supply Plan Faces New Rival as SK Hynix Begins U.S. ADR Sale
Micron shares rebound pre-market as SK Hynix begins a $28.07 billion U.S. ADR sale, challenging Micron's scarcity premium in AI memory. Micron plans $9.3 billion HBM plant in Hiroshima.
SpaceX Faces Rising Starlink Satellite Disposal Costs Ahead of Nasdaq 100 Debut
SpaceX decommissioned 609 Starlink satellites, representing 5.7% of its operational fleet, as the company faces significant disposal costs ahead of its Nasdaq 100 inclusion next week.
NIO Stock Dips 3.6% as Q2 Deliveries Miss Forecast, All Eyes on ES8 Launch
NIO stock dropped 3.62% to $4.79 after Q2 deliveries of 107,658 missed the company's forecast. June deliveries hit a record 40,597, but ONVO brand slipped. All eyes are on the upcoming ES8 launch on July 9.
Microsoft's AI Bet Faces Investor Scrutiny After Holiday Lull
Microsoft closed at $390.49 after the Independence Day holiday, with AI spending and the new Frontier Company under investor scrutiny.
Amazon Surges Past Nasdaq in Holiday Week; AWS Price Hike and Prime Day Data in Focus
Amazon shares climbed 4.3% in a holiday-shortened week, outpacing the Nasdaq's 2.1% gain. The rally was fueled by strong Prime Day sales and AWS price hikes, though trading volume declined.
BlackBerry's QNX Growth Drives Stock, Valuation Scrutiny Ahead
BlackBerry's stock fell 10% after a QNX-driven earnings beat, leaving valuation and short interest as key factors for the week ahead.
Palantir Surges 14.5% on AI Deal and Analyst Upgrade
Palantir Technologies (PLTR) surged 14.5% in a holiday-shortened week, boosted by a new AI partnership with NVIDIA and a bullish analyst upgrade.
Nvidia's Valuation Stretch Challenges Dip Buyers Amid $119B Supply Commitments
Nvidia's stock lags the market despite strong earnings, as $119 billion in supply commitments and China restrictions test investors.
Falcon 9 Booster Transports Semiconductor Pods on Starlink Mission
SpaceX's latest Starlink launch doubled as a test for semiconductor production in space, carrying two Besxar Fabships on the Falcon 9 booster.
Corning Shares Tumble 11% as AI Fiber Demand Faces Investor Skepticism
Corning (GLW) shares dropped 10.81% Thursday amid profit-taking, even as AI data-center fiber demand remains robust. The stock is still up over 124% year-to-date.