Technology News
Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.
BlackBerry Stock Hits 52-Week High on QNX Optimism
BlackBerry shares hit a 52-week high after CFO Tim Foote declared the turnaround complete, with QNX driving growth. Earnings on June 25 will test revenue gains.
Marvell Hits Record as Huang's Praise Fuels AI Chip Rally
Marvell Technology shares surged 32.5% to a record after Nvidia CEO Jensen Huang called it the next trillion-dollar company, driving a broader chip rally. The stock now trades near 100 times earnings, with high expectations for AI-driven growth.
Nvidia's Market Cap Nears $5.4 Trillion as Marvell Surges on AI Endorsement
Nvidia shares eased in premarket trading Wednesday, pausing after recent AI-driven gains, as Marvell Technology surged following CEO Jensen Huang's endorsement. Investors await Broadcom results and key economic data.
Snap Shares Fall as Market Rises, Turnaround Doubts Linger
Snap Inc. shares fell 1.5% to $5.76, lagging the broader market, as investors question the turnaround amid sluggish ad growth and upcoming Specs update.
Infleqtion Surges on UK Quantum Expansion and Sponsorship Deal
Infleqtion shares surged 12.4% on Tuesday after unveiling a Gold Sponsorship of Quantum Fringe 2026 and new UK quantum collaborations, outpacing sector peers.
Corning Surges 13% on Nvidia AI Optical Link Demand
Corning shares soared 13.4% on heavy volume after Nvidia CEO Jensen Huang emphasized the need for optical interconnects in AI data centers, with Corning's recent deals with Nvidia and Meta making it a key AI infrastructure play.
IonQ Rises Ahead of Quantinuum's Mega IPO, Sector Benchmarks in Focus
IonQ shares rose 3.1% to $71.40 as markets anticipate Quantinuum's $1.46B IPO. Q1 revenue jumped 755% to $64.7M, but a $271.5M operating loss highlights risks.
Apple Hits Record High as WWDC AI Reveal Nears
Apple shares hit a record $315.20, up 2.9%, as investors await AI news at WWDC 2026. The stock added $598 billion in May, but the rally leaves little margin for error on Siri or memory costs.
Applied Materials Hits Record High on AI-Driven Chip Demand
Applied Materials shares surged nearly 7% to a record high after CFO Brice Hill raised its 2026 growth forecast above 30%, driven by AI-related chip factory investments.
GitLab Surges on AI Growth Prospects and Workforce Reduction
GitLab shares jumped 7% in after-hours trading after beating sales estimates and raising its annual forecast, while announcing a 14% workforce reduction to focus on its AI-powered Duo Agent Platform.
Rocket One Surges 66% on AI Nanomagnetic Tech Appointment
Rocket One (RKTO) soared 66% to $2.22 after naming a lead technical adviser for nanomagnetic AI tech, but filings warn of no commercial product and substantial doubt about viability.