Technology News
Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.
AtaiBeckley Surges as Phase 3 Trials for Depression Drug Begin
AtaiBeckley shares jumped 7.8% to $4.14 after announcing the start of Phase 3 trials for its lead depression drug BPL-003, with results expected in early 2029.
Roblox Shares Rally 8% on Global Safety Rollout and User Engagement Uptick
Roblox shares jumped 8% to $49.34 after launching global age-based accounts and a TD Cowen note highlighted a 10% weekend rise in concurrent users, as investors assess the impact of safety changes.
Innodata Surges on Analyst Upgrade, $140 Target Set
Innodata shares climbed 11.3% to $110.97 after BWS Financial boosted its price target to $140, maintaining a 'top pick' rating.
Our Bond Soars on Debt Restructuring and City AI Security Deal
Our Bond shares surged 85% after a $3.3M debt-for-equity swap and a citywide AI security platform deployment for 270,000 residents.
Tesla Dips Amidst SpaceX Surge and New FSD Regulatory Pressure
Tesla shares slipped 1.7% to $404.09 as Goldman Sachs raised Q2 delivery estimates to 420,000 vehicles, while U.S. senators urged NHTSA to review FSD safety data.
Rackspace Stock Surges on AMD AI Deal, Despite Layoffs and Funding Hurdles
Rackspace Technology shares surged 12.6% to $6.66 after securing a definitive AMD AI compute deal for 30 MW capacity, but a 15% workforce cut and need for additional financing highlight ongoing risks.
Intel Shares Steady Near Highs as Foundry Deals and AI Demand Awaited
Intel shares hover near $128, little changed after a chip rally, as investors focus on Q2 earnings for foundry deal updates and AI-driven demand.
Qualcomm Gains on Potential $10B Tenstorrent Acquisition
Qualcomm shares jumped 4.3% to $220.81 after reports of potential $8-10 billion acquisition of AI chip startup Tenstorrent, signaling push into AI infrastructure.
Snap Rallies 8.6% on Tech Bounce, but AR Glasses and Ad Weakness Loom
Snap surged 8.56% to $5.71 as tech stocks rallied, ending a six-day slide. Shares remain 45% below their 52-week high, with investors eyeing the Specs AR glasses debut and upcoming quarterly results.
D-Wave Quantum Stock Surges on Mizuho Price Target Boost
D-Wave Quantum shares rose 12.6% to $26.26 after Mizuho raised its price target to $35, citing quantum roadmap progress and surging bookings, despite weak revenue and widening losses.
Beam Global Surges on European Patent, but Q1 Woes Linger
BEEM surged 28% premarket on a new European patent for battery thermal management, but the company must convert its $9M backlog into Q2 revenue to offset a 51% Q1 revenue drop.
QTREX Quantum Stock Soars on 97% AME Yield Milestone, Eyes Commercial Production
QTREX Quantum shares surged 70.54% after AME system achieved 97% yield validation at a major U.S. interconnect manufacturer, signaling commercial readiness.