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

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Amazon Stock Rises Ahead of Prime Day; AWS Chip Expansion and FTC Risk Loom
Technology Sarah Chen

Amazon Stock Rises Ahead of Prime Day; AWS Chip Expansion and FTC Risk Loom

Amazon shares rose 2.9% to $244.39 ahead of Prime Day week, with investors assessing AWS chip expansion, FTC ad probe risks, and AI spending pressures.

AMZN AMD NVDA GOOGL MSFT
QuantumScape Soars 16.5% on Honda Solid-State Battery Pact
Technology Sarah Chen

QuantumScape Soars 16.5% on Honda Solid-State Battery Pact

QuantumScape shares jumped 16.5% to $8.04 after Honda R&D signed a multi-year joint research agreement for solid-state battery development, providing a major automaker endorsement.

QS
Apple Stock Nears $300 Amid Memory Cost Pressure on Pricing
Technology Sarah Chen

Apple Stock Nears $300 Amid Memory Cost Pressure on Pricing

Apple shares closed at $298.01, up 2.4% for the week, as Tim Cook warns product price hikes are unavoidable due to AI-driven memory chip cost increases.

AAPL MU
Pelosi Family Maintains Large AI and Tech Holdings Despite Recent Sales
Technology Sarah Chen

Pelosi Family Maintains Large AI and Tech Holdings Despite Recent Sales

House filings show Pelosi family retains major positions in top tech stocks despite recent large sales, as semiconductor gains boost Nasdaq.

GOOGL AMZN AAPL AVGO MSFT NVDA CRM V AMD INTC MU AMAT KLAC LRCX TSM ASML
Intel Shares Hit Record After Apple Foundry Hint, Micron Test Looms
Technology Sarah Chen

Intel Shares Hit Record After Apple Foundry Hint, Micron Test Looms

Intel shares closed at a record $133.99 after Trump said Apple is partnering on chip design, but details remain unconfirmed. Micron earnings this week will test AI demand.

INTC MU AAPL TSM NVDA AMD
Nvidia Rises Ahead of Holiday; Micron Earnings Test AI Rally
Technology Sarah Chen

Nvidia Rises Ahead of Holiday; Micron Earnings Test AI Rally

Nvidia closed 2.95% higher at $210.69 before the holiday, as chip stocks lifted the Nasdaq. Focus now shifts to Micron's earnings and Nvidia's annual meeting for AI demand cues.

NVDA MU INTC AVGO
Marvell Technology Set to Enter S&P 500, Powered by AI Growth
Technology Sarah Chen

Marvell Technology Set to Enter S&P 500, Powered by AI Growth

Marvell Technology surges 11% ahead of its S&P 500 entry on June 22, fueled by a KeyBanc price target increase and a milestone shipment of optical chips for AI data centers.

MRVL POOL NVDA
Cathie Wood's ARK Invests $52M in Snowflake, Betting on AI Cloud Growth
Technology Sarah Chen

Cathie Wood's ARK Invests $52M in Snowflake, Betting on AI Cloud Growth

ARK Investment Management bought $52 million in Snowflake shares following a 33% surge driven by raised guidance and a $6 billion AWS deal, signaling a bet on AI software revenue.

SNOW AMZN ARKK TSLA LLY ROKU
Bank of America Digital Outage Disrupts Customer Access, Poses Reputational Risk
Technology Sarah Chen

Bank of America Digital Outage Disrupts Customer Access, Poses Reputational Risk

A Bank of America digital banking outage on Saturday left over 5,000 customers unable to log in, highlighting the risks of heavy digital reliance for the bank's 59 million users.

BAC
Broadcom Stock Rebounds Amid AI Chip Debate, Debt Buyback
Technology Sarah Chen

Broadcom Stock Rebounds Amid AI Chip Debate, Debt Buyback

Broadcom shares rebounded 4.7% to $411.35, recovering from a post-earnings selloff, as the market digests AI chip growth, missed revenue estimates, and a $3 billion debt buyback.

AVGO
Memory Chip Squeeze Pressures Apple Prices, Goldman Cuts Forecasts
Technology Sarah Chen

Memory Chip Squeeze Pressures Apple Prices, Goldman Cuts Forecasts

Goldman Sachs cuts 2026-27 smartphone forecasts as memory costs surge. Apple plans price hikes, with Micron's earnings seen as a key test for the chip rally.

AAPL MU
Dell Stock Rises in Holiday-Shortened Week, AI Server Demand Drives Momentum
Technology Sarah Chen

Dell Stock Rises in Holiday-Shortened Week, AI Server Demand Drives Momentum

Dell closed at $409.50 on June 18, up ~3.5% from June 12, as investors focus on its booming AI server business after record Q1 results and raised fiscal 2027 outlook.

DELL