Technology News
Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.
Netflix Shares Slide Below $88 as Hastings Insider Sale and Weak Guidance Weigh
Netflix shares fell 3.4% to $87.57 as Reed Hastings disclosed a major insider sale ahead of his board exit. Weak Q2 guidance and intensifying competition add to investor concerns.
IREN Shares Surge After $625M Mirantis Acquisition Boosts AI Cloud Strategy
IREN Ltd will acquire Mirantis Inc in a $625 million all-share deal, strengthening its AI cloud capabilities. Shares rose 10.6% to $54.74.
Nebius Eyes Record Highs After $643M Eigen AI Deal, Q1 Earnings in Focus
Nebius shares hover near record highs after a $643M deal for Eigen AI, with Q1 earnings due May 13 set to test the stock's momentum.
Amazon Nears $3T Market Cap After Logistics Expansion Rattles Rivals
Amazon stock edged up 0.35% in premarket trading Wednesday, pushing its market value near $3 trillion after a fourth straight record close.
Anthropic Unveils AI Agent Templates for Financial Sector Automation
Anthropic released 10 prebuilt AI agent templates for banks and insurers, automating pitchbooks, KYC, and accounting. FIS partners on AML agents; BMO and Amalgamated Bank pilot.
Meta's AI Ambitions Tested by Soaring Costs and Legal Challenges
Meta shares slipped 0.9% as investors weigh $145B capex forecast against 33% ad revenue growth, while five publishers sue over AI training data.
SpaceX Launches 24 Starlink Satellites Amid Accelerating May Schedule
SpaceX launched 24 Starlink satellites from Vandenberg Space Force Base, landing the Falcon 9 booster on a Pacific droneship. The mission was the company's 55th launch of 2026.