Technology News
Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.
Maase Surges 24% on AI Infrastructure Pivot Despite Heavy Losses
Maase Inc (MAAS.O) soared 24% to $22.16 after filing interim accounts showing a major pivot to AI computing and energy infrastructure, despite a net loss of RMB1.85 billion and a 99.5% drop in cash.
Trump's 2028 Quantum Goal Lifts D-Wave Shares
D-Wave shares gained 3.1% to $25.23 after Trump's quantum executive orders, but Q1 revenue fell 81% to $2.9M, highlighting risk.
Oracle Shares Slide on AI Spending Fears, 21,000 Job Cuts
Oracle shares dropped 2.7% as its annual report disclosed 21,000 job cuts and a $23.7 billion negative free cash flow, intensifying worries about its AI-driven spending.
UiPath Edges Higher as Market Scrutinizes AI Growth Strategy
UiPath shares inched up to $10.19 amid a 22% drop since June, as the market assesses whether its new AI tools can drive ARR growth despite cautious analyst views.
Palantir Edges Up After Hitting 52-Week Low on Valuation Concerns
Palantir Technologies shares rose 0.7% in premarket trading after dropping to a 52-week low. The AI software firm faces valuation pressure but secured new deals with the U.S. Army and Zeta Global.
Infleqtion Gains Premarket on White House Quantum Push and Space Coalition
Infleqtion surged 5.09% to $14.93 premarket after a White House order boosted quantum tech efforts and the company launched a quantum-space coalition.
Alphabet Loses $225B in Market Cap as AI Researchers Exit to Rivals
Alphabet lost $225 billion in market value after two top AI researchers left for OpenAI and Anthropic, sparking investor doubts about talent retention and AI strategy.
Super Micro Faces Early Test After Nvidia-Driven Rally
Super Micro Computer (SMCI) fell 6.3% in premarket trading after a sharp rally, as the market assesses a new Nvidia-based AI server launch and an analyst upgrade against financing and order risks.
IBM Rises on OpenAI Security Pact and Quantum Orders
IBM shares rose 3.22% premarket after announcing an OpenAI cybersecurity partnership and new U.S. quantum computing orders, defying a broader tech selloff.
Amazon Shares Slide Ahead of Prime Day Amid AI Spending Anxiety
Amazon shares dropped 4.75% to $232.79 on Monday as investors questioned AI spending returns ahead of Prime Day, with Bank of America projecting $21.6 billion in sales.