Technology News

Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.

Aehr Test Systems Secures $100.6M Backlog, Covering Up to 77% of Fiscal 2027 Revenue Forecast
Technology Sarah Chen

Aehr Test Systems Secures $100.6M Backlog, Covering Up to 77% of Fiscal 2027 Revenue Forecast

Aehr Test Systems (AEHR) ended Friday at $76.32, down 13.8%, as its $100.6 million backlog covers 77% of fiscal 2027 revenue guidance lower bound.

AEHR TER COHU
TSMC Stock Ends Week Higher Amid Price Hike Strategy for 2nm Costs
Technology Sarah Chen

TSMC Stock Ends Week Higher Amid Price Hike Strategy for 2nm Costs

TSMC closed the week higher on both Taiwan and US exchanges, with price increases of up to 10% planned for 2027 to address rising costs from 2nm technology and overseas facilities.

TSM INTC
Palantir Shares Drop 7% as Valuation Concerns Mount Ahead of Earnings
Technology Sarah Chen

Palantir Shares Drop 7% as Valuation Concerns Mount Ahead of Earnings

Palantir Technologies (NASDAQ:PLTR) closed the week at $122.92, down 7.1%, as valuation concerns and regulatory scrutiny in the UK overshadowed strong Q1 growth.

PLTR CRM SNOW JEF C MSFT AMZN
Apple Gains as Capital-Light AI Strategy Wins Over Investors
Technology Sarah Chen

Apple Gains as Capital-Light AI Strategy Wins Over Investors

Apple shares jumped 3.5% on Friday as investors favored its capital-efficient AI approach over Alphabet's heavy spending, with free cash flow reaching $78.3 billion.

AAPL GOOGL
Micron Rises 8.5% Weekly Amid Cloud Revenue Surge and Big Tech Spending
Technology Sarah Chen

Micron Rises 8.5% Weekly Amid Cloud Revenue Surge and Big Tech Spending

Micron shares gained 8.5% for the week to $920.95, driven by strong cloud memory revenue and increased tech spending, despite a 7% drop on Friday.

MU MSFT AMZN GOOGL NVDA AVGO
Palantir Shares Slide 7% on CEO's AI Wealth Warning, Valuation Scrutiny
Technology Sarah Chen

Palantir Shares Slide 7% on CEO's AI Wealth Warning, Valuation Scrutiny

Palantir stock dropped 7.1% last week as CEO Alex Karp's warning about AI-driven wealth inequality and a 38.5x revenue multiple fueled investor unease.

PLTR MSFT
SpaceX Starship Flight 13 Tests V3 Satellites, Booster Landing Fails
Technology Sarah Chen

SpaceX Starship Flight 13 Tests V3 Satellites, Booster Landing Fails

SpaceX's Starship Flight 13 successfully deployed 20 Starlink V3 satellites, but the Super Heavy booster crashed into the Gulf, highlighting reusability challenges.

RKLB ASTS
Open-Weight AI Coalition Grows 40% Ahead of Key Earnings for Nvidia, Microsoft, Meta
Technology Sarah Chen

Open-Weight AI Coalition Grows 40% Ahead of Key Earnings for Nvidia, Microsoft, Meta

The open-weight AI alliance expands by 40% as Microsoft, Meta, and Nvidia approach earnings. The coalition now includes 35 signatories, highlighting industry support for open models over sweeping restrictions.

NVDA MSFT META SPGI
SpaceX Flight 13 Launches But Fails to Boost Starlink Capacity
Technology Sarah Chen

SpaceX Flight 13 Launches But Fails to Boost Starlink Capacity

SpaceX's Starship Flight 13 launched on July 24, 2026, but the 20 V3 Starlink demonstration satellites are on a suborbital trajectory and will not add capacity.

HSBC
Adobe Gains 6% But AI Base Remains Small, Valuation Gap Persists
Technology Sarah Chen

Adobe Gains 6% But AI Base Remains Small, Valuation Gap Persists

Adobe shares jumped 6.1% to $225.11, yet ended the week down 5.1%. AI-first ARR surpassed $500 million, but remains a small fraction of total ARR, leaving a significant valuation discount.

ADBE MSFT CRM ADSK MS
Archer Aviation (ACHR) Weekly Gains Slip Amid Unclear Halo Contract Details
Technology Sarah Chen

Archer Aviation (ACHR) Weekly Gains Slip Amid Unclear Halo Contract Details

Archer Aviation (ACHR) closed at $4.77, up 7.4% weekly, but 62% of Monday's spike was erased. The Halo reveal with Anduril lacked pricing and delivery details.

ACHR JOBY EVEX EVTL
Tech Giants Face Cash Crunch as AI Spending Surges Ahead of Fed Decision
Technology Sarah Chen

Tech Giants Face Cash Crunch as AI Spending Surges Ahead of Fed Decision

Alphabet and Tesla reported capital expenditures surpassing operating cash flow, raising concerns about AI spending sustainability ahead of a Fed meeting and Big Tech earnings.

GOOGL TSLA INTC MSFT META AMZN AAPL