Technology News

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

Xanadu Quantum Soars on Funding Hopes and Chip Advance
Technology Sarah Chen

Xanadu Quantum Soars on Funding Hopes and Chip Advance

Xanadu Quantum Technologies soared 18% on potential $285M government support and chip progress, but losses and dilution risk persist.

XLK
B-21 Raider Accelerates Testing with Dual Pilot Flight
Technology Sarah Chen

B-21 Raider Accelerates Testing with Dual Pilot Flight

The U.S. Air Force flew a B-21 Raider with both operational and developmental test pilots, merging testing phases to accelerate combat readiness.

NOC
Mizuho Raises D-Wave Quantum Target, Shares Surge Despite Valuation Concerns
Technology Sarah Chen

Mizuho Raises D-Wave Quantum Target, Shares Surge Despite Valuation Concerns

Mizuho lifted D-Wave Quantum's price target to $35, boosting shares 14.3%. While bookings and cash are strong, revenue dropped 81% and losses deepened, underscoring valuation risks.

QBTS
Air Taxi Stocks Surge on Risk-On Wave; Joby Aviation Up 7%
Technology Sarah Chen

Air Taxi Stocks Surge on Risk-On Wave; Joby Aviation Up 7%

Joby Aviation shares climbed 7% to $9.79 as part of a broad risk-on rally, with no company-specific news. Investors await FAA milestones and Dubai commercial flights.

JOBY
Air-Taxi Stocks Surge: Archer Aviation Soars 9% on Sector Rally and FAA Certification Hopes
Technology Sarah Chen

Air-Taxi Stocks Surge: Archer Aviation Soars 9% on Sector Rally and FAA Certification Hopes

Archer Aviation shares surged 9.35% to $5.56 on heavy volume Monday, part of a broader air-taxi stock rally, as investors look ahead to FAA certification progress and planned U.S. operations in 2026.

ACHR JOBY
UiPath Shares Inch Higher as AI Automation Hopes Face Valuation Scrutiny
Technology Sarah Chen

UiPath Shares Inch Higher as AI Automation Hopes Face Valuation Scrutiny

UiPath shares edged up 1.75% to $10.74 amid a broader software rally, but the stock remains near its yearly low as Wall Street awaits proof that AI products can accelerate growth.

PATH
Marvell Technology Surges on S&P 500 Addition and AI Chip Demand
Technology Sarah Chen

Marvell Technology Surges on S&P 500 Addition and AI Chip Demand

Marvell Technology surged 9% to $305 on S&P 500 inclusion and AI chip demand. The stock trades at over 100 times earnings with a $235.70 average price target.

MRVL
QTREX Quantum Stock Skyrockets After AME System Reaches Production Milestone
Technology Sarah Chen

QTREX Quantum Stock Skyrockets After AME System Reaches Production Milestone

QTREX Quantum stock soared 84% to $2.37 after a key customer moved its AME system to production following a 97% manufacturing yield. The company remains early-stage and risky.

QTRX
Goldman Sachs Bullish on Apple Following Siri AI Plans at WWDC 2026
Technology Sarah Chen

Goldman Sachs Bullish on Apple Following Siri AI Plans at WWDC 2026

Apple shares gained 2.1% as Goldman Sachs reaffirmed its Buy rating and $340 price target, highlighting WWDC 2026's Siri AI roadmap and monetization opportunities, but warned of regulatory and hardware constraints.

AAPL
Microsoft Insiders Sell $10M in June Amid Valuation Split
Technology Sarah Chen

Microsoft Insiders Sell $10M in June Amid Valuation Split

Microsoft insiders sold nearly $10 million in MSFT shares in June, with valuation models showing a wide gap. Analysts are split on the stock's intrinsic value as AI investments pressure margins.

MSFT
AI Storage Demand Drives Morgan Stanley to Boost Western Digital Target to $650
Technology Sarah Chen

AI Storage Demand Drives Morgan Stanley to Boost Western Digital Target to $650

Morgan Stanley lifted its Western Digital price target to $650, citing AI data-center storage demand. WDC shares surged 13% as 2026 HDD capacity is fully booked.

WDC
Rocket Lab Rebounds on KeyBanc Upgrade Ahead of Nasdaq-100 Inclusion
Technology Sarah Chen

Rocket Lab Rebounds on KeyBanc Upgrade Ahead of Nasdaq-100 Inclusion

Rocket Lab shares rebound 6% premarket after KeyBanc upgrade to Overweight, ahead of Nasdaq-100 inclusion on June 22. Strong Q1 earnings and backlog support the bullish call.

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