Technology News
Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.
ServiceNow Leads Software Rebound as AI Anxiety Subsides
ServiceNow shares gained nearly 4% as software stocks recovered from recent declines, buoyed by record retail inflows into a tech-software ETF despite lingering sector volatility.
Lam Research Shares Dip on Insider Sale Disclosure; Market Eyes Applied Materials, Economic Data
Lam Research stock declined 2.6% following a regulatory filing showing a director sold 35,000 shares. Investors are now focused on upcoming earnings from peer Applied Materials and key U.S. inflation and jobs reports.
KLA Shares Edge Lower Amid India R&D Expansion and Sector Focus
KLA Corp's stock dipped slightly as the company unveiled a new research and development center in India. Investors are assessing the chip-equipment outlook ahead of peer earnings.
Reddit Shares Surge as Analysts Maintain $300 Targets Despite Engagement Concerns
Reddit stock climbed 6.5% after Citizens and Needham reaffirmed $300 price targets, though user engagement metrics show signs of softening. Broader markets edged higher ahead of key U.S. economic data.
CoreWeave Shares Dip Amid Legal Notices and Insider Sale Filing
CoreWeave stock declined about 2% as investors reacted to a securities class-action notice and a Form 144 filing indicating potential insider sales. Attention now shifts to the company's upcoming earnings report on February 26.
Lumentum Shares Retreat as AI-Driven Rally Pauses
Lumentum stock declined 2.4% following a recent surge tied to artificial intelligence and data-center spending. The company recently reported quarterly revenue of $665.5 million and issued an upbeat forecast.
MongoDB Shares Surge on Analyst Optimism Ahead of Earnings
MongoDB stock gained over 6% as Morgan Stanley and Goldman Sachs expressed confidence in cloud demand, easing AI disruption concerns ahead of the company's March earnings report.
Palo Alto Networks Gains Ahead of CyberArk Merger Close, Eyes Earnings
Palo Alto Networks shares edged higher as Nasdaq set a timeline for the closure of its $25 billion acquisition of CyberArk, with investors looking to upcoming earnings for integration signals.
Figma Shares Surge 10% Amid Software Sector Rebound Ahead of Earnings
Figma stock rallied over 10% as investors returned to beaten-down software names, with record inflows into a key tech ETF. The company reports quarterly results on February 18.
Oracle Shares Extend Rally on Analyst Upgrade Citing AI Cloud Demand
Oracle stock climbed for a second consecutive session after D.A. Davidson upgraded shares to 'buy,' highlighting potential revenue from OpenAI-linked cloud infrastructure and new AI features in enterprise software.
AMD Stock Steady Near $216 Amid Tariff Exemption Reports and Economic Data Watch
AMD shares showed minimal movement as reports surfaced about potential AI data center exemptions from upcoming U.S. chip tariffs. Investors are also awaiting key jobs and inflation data this week.
Palantir Gains on Daiwa Upgrade Amid Software Sector Volatility
Palantir shares rose 1.6% after Daiwa upgraded the stock to Buy, as traders await key U.S. inflation data that could sway tech valuations.