Technology News
Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.
Meta Launches Paid AI Tiers, Stock Rises on New Revenue Path
Meta shares rose 3.9% after the company introduced paid subscription tiers for its social apps and Meta AI, signaling a potential new revenue source beyond advertising.
Apple Stock Climbs on AI Optimism Ahead of Developer Conference
Apple shares rose 0.8% to $310.71 on Wednesday, lifting its market cap near $4.58 trillion, as investors looked ahead to AI announcements at the upcoming WWDC.
Hoth Therapeutics Soars on Pivot to Space-AI with Rocket One Rebrand
Hoth Therapeutics shares jumped 71% to $1.21 after the company rebranded as Rocket One Inc., shifting focus from biotech to space, defense, and nanomagnetic AI chips.
Applied Digital Secures 1 GW in AI Contracts, Execution Risks Loom
Applied Digital shares held near $45.25 after a $7.5B lease boosted contracted capacity to 1.2 GW and revenue to $31B. Execution risks remain key.
SanDisk’s AI-Fueled Surge Outpaces Wall Street Targets
SanDisk shares fell 2% to $1,557.74 even after Barclays nearly doubled its price target, as the AI-driven rally outpaces analyst expectations.
Intel Edges Higher Premarket Despite Downgrade as CEO Heads to Taiwan for TSMC Talks
Intel shares rose 1.1% premarket Wednesday after a 3.1% gain Tuesday, but Northland downgraded the stock to Market Perform, saying the price is ahead of 2027 forecasts. CEO Lip-Bu Tan is traveling to Taiwan for TSMC meetings ahead of COMPUTEX.
Micron Joins $1 Trillion Club as AI Memory Demand Surges
Micron Technology crossed $1 trillion in market value Tuesday, closing at a record $895.88 after UBS raised its price target to $1,625. Shares rose 5.8% premarket Wednesday as demand for AI-related memory chips surged.
Nokia Stock Soars to New Highs on AI Cloud Demand
Nokia shares hit a 52-week high as AI and cloud sales surge 49%, driving a 54% jump in Q1 operating profit. The stock is now trading above most analyst targets.
Nokia Stock Hits New Highs on AI-Driven Optical Network Demand
Nokia shares hit a new 52-week high in Helsinki and a record high in US ADRs, driven by strong Q1 earnings and surging AI and cloud sales.