Technology News
Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.
SmartKem Stock Surges in Premarket on Heavy Volume Amid Nasdaq Compliance Concerns
SmartKem shares surged nearly 80% in premarket trading Friday following a strong close Thursday, with no new company news. The sub-$1 stock faces Nasdaq compliance issues and a shareholder vote on June 23.
SoFi Launches AI Coach; Stock Climbs in Pre-Market Trading
SoFi shares jumped 2.8% pre-market after unveiling SoFi Coach, an AI tool for personalized financial advice, as the company seeks to deepen user engagement beyond lending.
Broadcom Stock Slips After AI Revenue Forecast Misses Expectations
Broadcom shares fell after its AI chip revenue forecast of $16 billion missed Wall Street estimates, despite strong year-over-year growth.
Nvidia Holds Ground Amid AI Chip Sector Weakness
Nvidia shares rose 1.8% premarket to $218.66, holding steady as Broadcom's AI-chip forecast disappointed and Nasdaq futures slipped.
BlackBerry Shares Surge on QNX Software Momentum Ahead of Earnings
BlackBerry shares climbed 1.4% to $10.34, approaching a 52-week high, as QNX software gains traction in robotics and physical AI. The next key catalyst is the June 25 earnings report.
ChronoScale Rockets 18% on Tesla Vet's Appointment as CTO
ChronoScale shares jumped 17.8% to $22.43 after naming former Tesla VP Raj Jegannathan as CTO and Lawrence Lam as CPO, signaling a push to scale its AI infrastructure business.
IonQ Shares Dip as Quantinuum IPO Sets New Quantum Valuation Benchmark
IonQ shares slipped 1.4% after Quantinuum's Nasdaq debut at $68 per share, valuing the Honeywell-backed quantum firm at $17.6 billion and offering a fresh benchmark for the sector.
Palantir Shares Slip Despite New Google Cloud Deal and Commercial Wins
Palantir shares declined 0.9% to $140.89, reversing early gains, as investors weigh the impact of new Google Cloud and commercial deals against ongoing valuation sensitivity and regulatory risks.
Reddit Rallies on Ad Tool Upgrades and Analyst Endorsement
Reddit shares jumped 6.3% on Thursday after Loop Capital reiterated a Buy rating and investors reacted to new automated app-ad tools.
Recursion Stock Surges Ahead of Goldman Sachs Conference Amid AI Drug Discovery Buzz
Recursion shares surged 12% to $3.87 on heavy volume ahead of a Goldman Sachs conference, as investors await updates on clinical trials, cash runway, and partnerships amid a broader AI drug-discovery rally.