Technology News
Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.
NuScale Power Stock Bounces to $10 as Investors Eye SMR Commercialization Path
NuScale Power shares gained 4.5% to $10.00 on news of a new training center, but the company's first-quarter revenue of $565,000 and $46.7 million net loss keep focus on potential customer commitments.
Microsoft Stock Dips on AI Capex Concerns Amid Cloud Growth
Microsoft shares fell 0.9% to $386.92 Friday, pressured by investor concerns over massive AI infrastructure spending and its impact on margins and cloud revenue growth.
Rigetti Computing Rises on Analyst's $40 Target Amid Quantum Sector Hype
Rigetti Computing shares rose after Rosenblatt reaffirmed a Buy rating and $40 target, highlighting nearly 99% upside. The stock balances quantum computing momentum against high valuation and operating losses.
Aurora Innovation Stock Edges Higher Despite Uber's Partial Exit
Aurora Innovation shares edged up Friday as the market weighs Uber's partial exit against the company's ambitious 2026 driverless truck rollout plans.
Figma Stock Extends Slide Despite Robust AI-Driven Revenue Growth
Figma shares continued their decline, dropping to $18.12 amid an eight-day losing streak that wiped out $4.1 billion in market value, despite strong AI-fueled revenue growth and an upgraded full-year outlook.
SharonAI Shares Surge on $4.88 Billion NVIDIA Deal for AI Cloud Expansion
SharonAI shares surged after unveiling a $4.88 billion NVIDIA deal to boost AI cloud capacity in Australia, yet the firm remains unprofitable and faces significant execution and financing hurdles.
UiPath Stock Hovers Near $10 as Bull and Bear Cases Collide
UiPath shares hover near $10.65 as investors debate strong cash flow and AI automation demand versus slowing ARR growth and earnings quality concerns.
Keel Infrastructure Surges on $458M Convertible Note Deal for AI Data Center Push
Keel Infrastructure closed $458M in convertible notes to fund its pivot from Bitcoin mining to AI data centers, with stock rising 5.14% to $5.52. Lease deals at three sites are next catalyst.
Micron Rebounds Toward $1,000 as AI Memory Demand Faces Earnings Test
Micron shares surged 11.66% to $995.87, nearing $1,000 again, as AI memory demand fuels a rebound. The June 24 earnings report will test whether the rally can be sustained.
Marvell Technology Slips After Surge; AI Narrative and S&P 500 Entry Remain Key
Marvell Technology shares slipped 1.7% premarket after an 11% surge, as the company's AI narrative and upcoming S&P 500 inclusion remain key catalysts.
AST SpaceMobile Rallies Ahead of Key Satellite Launch and SpaceX IPO
AST SpaceMobile stock surged 11.73% to $97.56 ahead of the June 17 BlueBird satellite launch and SpaceX IPO, with investors focusing on execution milestones and valuation risks.
Nokia Shares Surge on AI Network Platform Launch
Nokia shares surged over 6% in Helsinki and 5% in New York after introducing an agentic AI framework for its Network Services Platform, highlighting AI and cloud growth.