Technology News
Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.
Marvell Technology Surges on S&P 500 Addition and AI Chip Demand
Marvell Technology surged 9% to $305 on S&P 500 inclusion and AI chip demand. The stock trades at over 100 times earnings with a $235.70 average price target.
QTREX Quantum Stock Skyrockets After AME System Reaches Production Milestone
QTREX Quantum stock soared 84% to $2.37 after a key customer moved its AME system to production following a 97% manufacturing yield. The company remains early-stage and risky.
Goldman Sachs Bullish on Apple Following Siri AI Plans at WWDC 2026
Apple shares gained 2.1% as Goldman Sachs reaffirmed its Buy rating and $340 price target, highlighting WWDC 2026's Siri AI roadmap and monetization opportunities, but warned of regulatory and hardware constraints.
Microsoft Insiders Sell $10M in June Amid Valuation Split
Microsoft insiders sold nearly $10 million in MSFT shares in June, with valuation models showing a wide gap. Analysts are split on the stock's intrinsic value as AI investments pressure margins.
AI Storage Demand Drives Morgan Stanley to Boost Western Digital Target to $650
Morgan Stanley lifted its Western Digital price target to $650, citing AI data-center storage demand. WDC shares surged 13% as 2026 HDD capacity is fully booked.
Rocket Lab Rebounds on KeyBanc Upgrade Ahead of Nasdaq-100 Inclusion
Rocket Lab shares rebound 6% premarket after KeyBanc upgrade to Overweight, ahead of Nasdaq-100 inclusion on June 22. Strong Q1 earnings and backlog support the bullish call.
AMD Surges After Citi Upgrade Highlights Meta GPU Deal Potential
AMD stock surged 4.7% after Citi upgraded the stock to Buy and raised its target to $575, citing the company's growing role in AI GPUs and a major deal with Meta.
Nokia Shares Edge Higher on AI Optimism, But Valuation Concerns Persist
Nokia shares gained 1% in Helsinki, extending a 10% Friday surge, driven by AI and cloud demand. The stock remains volatile and trades above the average analyst target.
Meta Admits AI Workforce Overhaul Missteps, Hikes 2026 CapEx to $145B
Meta CEO Mark Zuckerberg admits mistakes in the company's swift AI workforce overhaul, as capital expenditure guidance for 2026 rises to $125-$145 billion, reflecting higher component prices and data center investments.
AMD Surges After Citi Upgrade, Meta AI Deal Fuels Optimism
AMD shares surged 4.7% to $511.57 after Citi upgraded the stock to Buy, highlighting its AI GPU potential and Meta's Instinct chip plans.
Apple Dips on Supply Chain Worries and AI Doubts Amid $4.3T Valuation
Apple shares slipped 1.5% as concerns over an Indian iPhone-parts factory probe and doubts about Siri AI features weigh on the stock, with the next major catalyst being unconfirmed Q3 earnings on July 30.