Technology News
Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.
Joby Aviation Rises 5% as Air-Taxi Milestone Nears
Joby Aviation (JOBY) shares closed up 5% at $10.92 on Friday, driven by optimism around its air-taxi timeline and regulatory progress.
Meta's Forum App Launch Pressures Reddit Stock
Reddit shares fell 5.6% on Friday as Meta launched Forum, a new AI-assisted discussion app. The drop came despite strong Q1 results with revenue up 69%.
Credo Soars on AI Infrastructure Deal, Semiconductor Rally
Credo shares surged 13% Friday after its active electrical cables were selected for Rebellions' AI cluster, riding a broader semiconductor rally ahead of June 1 earnings.
Keel Infrastructure Hits 52-Week High Following AI Data Center Pivot
Keel Infrastructure shares hit a 52-week high of $5.03 on Friday after the company rebranded from Bitfarms and shifted focus to AI data-center infrastructure.
HPE Stock Surges as AI Demand Drives Hardware Rally Ahead of Earnings
HPE shares surged nearly 10% on Friday, leading a rally in hardware and networking stocks as analysts cite strong AI demand ahead of the company's June 1 earnings call.
BlackBerry Soars 16% on QNX Strength and FedRAMP Recertification
BlackBerry Ltd. shares jumped more than 16% Friday, hitting 52-week highs, driven by FedRAMP recertification and ongoing QNX business strength.
Space and Quantum Stocks Surge on Speculative Investor Interest
AST SpaceMobile and Quantum Computing Inc. surged Friday as speculative flows boosted space and quantum stocks, despite mixed earnings.
Zoom Shares Surge on AI Growth and Raised Outlook
Zoom shares surged 12% to a 52-week high after the company raised its fiscal 2027 outlook and expanded its share buyback program, driven by strong AI adoption.
Navitas Surges on AI Data Center Power Play, But Profitability Remains Elusive
Navitas shares rose 16.33% to $28.36 amid renewed AI infrastructure interest, though breakeven may require quarterly sales above $30 million.
Qualcomm Soars 13% on Expanded Stellantis Auto Chip Deal
Qualcomm shares jumped 12.7% to $240.44 after Stellantis expanded a multi-year partnership to deploy Snapdragon Digital Chassis in next-gen vehicles, including Level 2+ hands-free driving.