Technology News
Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.
BlackBerry Stock Surges 6% on FedRAMP Re-Certification and Buyback
BlackBerry shares rose 6.1% to $8.39 on Tuesday, driven by FedRAMP re-certification for its AtHoc platform and a renewed share buyback plan. CIBC raised its price target to $8.50.
GE Wins Air Force Contract for Drone Engine, Shares Climb
GE Aerospace has been awarded a U.S. Air Force contract for its GE426 engine, moving into preliminary design review for autonomous combat aircraft. Shares rose 2.8%.
Palantir's AI Growth Story Meets Wall Street Valuation Skepticism
Palantir shares rose 0.8% to $137.98 Tuesday but remain down 23% in 2026, as investors weigh strong AI-driven revenue growth against a high valuation and rising competition.
Microsoft's $190B Capex Plan Pressures Stock as AI Spending Surge Continues
Microsoft shares fell nearly $3 to $415.61 as investors weigh a $190 billion capital spending plan for 2026. Despite strong Azure growth of 40%, concerns over AI spending returns persist.
Congresswoman's Qualcomm Stock Sale Draws Attention Amid AI Chip Boom
Rep. Sara Jacobs disclosed up to $2 million in Qualcomm stock sales from a family trust, just before QCOM shares jumped 5% on news of an AI chip deal with ByteDance.
Western Digital Soars to Record on HDD Demand for AI Data Centers
Western Digital shares surged 10% to a record $532.74 after Evercore ISI boosted its price target to $575, highlighting the critical role of HDDs in AI infrastructure.
Bank of America Boosts Apple Target to $380 on AI Revenue Hopes
Bank of America raised its Apple price target to $380, betting on AI monetization via Siri. Shares edged higher, and split talk revived ahead of the developer conference.
Applied Digital Secures $7.5B AI Lease, Total Backlog Hits $31B
Applied Digital lands a $7.5B, 300MW lease with a major cloud provider, pushing its total contracted revenue to $31B and drawing bullish analyst upgrades.
ServiceNow Attracts Major Institutional Buying Amid AI Focus
Institutional investors boosted ServiceNow holdings in Q4, with three firms hiking stakes by up to 885%. The workflow software firm reported 22% revenue growth to $3.77 billion.
