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

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Synopsys Stock Slides Amid Tech Rout; Earnings Report on May 27 in Focus
Technology Sarah Chen

Synopsys Stock Slides Amid Tech Rout; Earnings Report on May 27 in Focus

Synopsys shares dropped 2.72% for the week amid a tech selloff and Coatue Management's 54% stake cut. The company reports fiscal Q2 results on May 27.

SNPS CDNS QQQ SMH
Zeta Global Stock Up on Snowflake Data Initiative Ahead of Key Conference
Technology Sarah Chen

Zeta Global Stock Up on Snowflake Data Initiative Ahead of Key Conference

Zeta Global shares climbed 3.68% Friday to $17.19 after joining Snowflake's OSI data initiative. The company also raised full-year 2026 revenue guidance following a strong Q1 earnings report.

ZETA SNOW CRM TTD JPM
Vertiv Stock Ends Volatile Week with Analyst Optimism Ahead of Investor Conference
Technology Sarah Chen

Vertiv Stock Ends Volatile Week with Analyst Optimism Ahead of Investor Conference

Vertiv shares ended a turbulent week with a 1.4% Friday dip but a 9.1% weekly gain, as analysts from RBC and Loop Capital released upbeat reports ahead of the company's investor conference.

VRT
Alphabet Stock Dips as Ackman Exits, AI Spending Surges
Technology Sarah Chen

Alphabet Stock Dips as Ackman Exits, AI Spending Surges

Alphabet stock slipped Friday as Bill Ackman sold his stake to fund a Microsoft position. The company also raised $3.6B in yen bonds and reported strong Q1 earnings with Google Cloud revenue up 63%.

GOOGL GOOG MSFT NVDA AMZN
UMC's Share Buyback and Tech Advances Drive Stock Surge
Technology Sarah Chen

UMC's Share Buyback and Tech Advances Drive Stock Surge

UMC shares surged 20% last week after a NT$406.6 million buyback and launch of a 14nm display driver chip platform. April net sales rose 10.8% year-on-year to NT$22.66 billion.

TSM
Texas Instruments Ends Week Higher Despite Chip Sector Decline
Technology Sarah Chen

Texas Instruments Ends Week Higher Despite Chip Sector Decline

Texas Instruments closed Friday at $302.73, down 1.77% but up 5.2% for the week, outperforming a broader chip selloff as analysts raise price targets.

TXN SOXX SMH
Silicon Motion Holds Ground Amid Nasdaq Dip, Conference Circuit Ahead
Technology Sarah Chen

Silicon Motion Holds Ground Amid Nasdaq Dip, Conference Circuit Ahead

Silicon Motion shares rose 2.5% for the week, outperforming the Nasdaq's 1.5% decline. Strong Q1 earnings and raised analyst targets provide support as the company heads to key investor conferences.

XLK
Fortinet Shares Hit Record High on AI Security Deal and Strong Q1
Technology Sarah Chen

Fortinet Shares Hit Record High on AI Security Deal and Strong Q1

Fortinet shares closed at a record high Friday, buoyed by strong first-quarter results and an AI security partnership with Nvidia, even as the broader tech market declined.

FTNT NVDA PANW CRWD S
Atlassian Stock Rebounds on Friday, AI Monetization in Focus Next Week
Technology Sarah Chen

Atlassian Stock Rebounds on Friday, AI Monetization in Focus Next Week

Atlassian shares surged 8% on Friday, recovering from weekly losses, as Truist Securities reiterated a Buy rating with a $100 target, citing AI monetization as a key focus after the Team 26 event.

TEAM
Palantir Defies AI Selloff, Stays Steady as Nasdaq Slips
Technology Sarah Chen

Palantir Defies AI Selloff, Stays Steady as Nasdaq Slips

Palantir closed Friday at $133.99, up 0.2%, showing relative strength despite a weekly loss of 2.8% and a broader tech selloff.

PLTR NVDA AMD SNOW
AMD Faces Key Test as AI Rally Pauses Ahead of Market Open
Technology Sarah Chen

AMD Faces Key Test as AI Rally Pauses Ahead of Market Open

AMD shares dropped 5.69% to $424.10, ending a 6.8% weekly slide, as the Nasdaq snapped a six-week winning streak. Investors await Nvidia's May 20 results and macro cues.

AMD NVDA INTC TSM QQQ SMH
Accuray and UW Madison Forge 10-Year Cancer Research Deal
Technology Sarah Chen

Accuray and UW Madison Forge 10-Year Cancer Research Deal

Accuray and the University of Wisconsin School of Medicine and Public Health have entered a 10-year research agreement focused on the Stellar adaptive radiotherapy platform.

ARAY