Technology News
Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.
Apple Stock Breaks $300 Barrier as Market Eyes Services and AI Growth
Apple shares closed above $300 for the first time, driven by strong earnings and analyst optimism over services and AI growth prospects.
Nokia Stock Set to Test AI Rally Momentum as Markets Reopen Monday
Nokia shares closed at 11.905 euros on Friday, up 8.8% from May 8, as AI and cloud sales surged 49%. The stock faces a key test Monday with the average analyst target below the current price.
POET Shares Drop 22% After $400M Funding Deal, AI Demand Concerns Linger
POET Technologies shares dropped 22% Friday after a $400 million direct offering was announced, trimming weekly gains to 46% amid investor concerns over dilution and AI demand execution.
Infleqtion Shares Drop 11% After Record Revenue, Loss Widens
Infleqtion shares dropped 10.95% Friday to $12.44 despite record revenue and raised 2026 outlook, as a wider net loss and reliance on government contracts weighed on investor sentiment.
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.
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.
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.
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.
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.
