Technology News
Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.
Archer Aviation Rebounds as FAA Approval Path and Cash Burn Remain Key Concerns
Archer Aviation shares bounced back 4.2% to $5.77 after a 13.2% decline, with progress in FAA certification but heavy losses and cash burn keeping risks high.
Microsoft's $37B AI Revenue Run Rate Faces Cost Scrutiny
Microsoft shares slipped 1.5% as the market debates whether its $37 billion AI revenue run rate can outpace rising costs from heavy infrastructure investment.
ASML Hits Record Market Cap in Europe; Broadcom Decline Highlights AI Risks
ASML set a new European market value record at $691.8 billion, fueled by analyst upgrades and AI chip demand. Broadcom's stock slumped as investors sought higher AI growth.
Amazon's $1B+ Deal with Corning Powers AI Data Center Fiber Optics
Amazon signs a multiyear, multibillion-dollar deal with Corning for fiber optics to support AI data centers, boosting Corning shares 6.3%.
Meta's $145B AI Spending Plan Faces Investor Skepticism Over Stock Dilution
Meta shares fell 0.8% Monday on reports the company may sell tens of billions in new stock to fund AI expansion, sparking dilution concerns.
Palantir Faces Skepticism Over AI Growth as Valuation Nears 180x Earnings
Palantir shares held steady after a volatile week, with strong Q1 growth and raised 2026 guidance offset by a high multiple and AI sentiment risks.
Apple's WWDC AI Push Puts Siri in Spotlight, Valuation Risks Loom
Apple shares climbed 2.2% to $314.17 ahead of its WWDC keynote, with Wall Street focused on Siri AI updates. However, the stock's 15% gain since April and high valuation leave little room for disappointment.
Alphabet Orders 3M Intel TPUs for 2028; Piper Sandler Raises Target Amid AI Search Surge
Alphabet orders 3M+ TPUs from Intel for 2028, Piper Sandler hikes target to $445 on AI search gains, UBS flags margin risks from Cloud TPU revenue. GOOGL shares slip to $362.21.
Amazon's Multibillion-Dollar Fiber Deal Boosts Corning's AI Data Center Role
Amazon's multibillion-dollar fiber deal with Corning underscores AI-driven data center demand, but GLW shares remain flat as investors weigh factory ramp risks and lofty valuations.
BlackBerry Shares Recover in Pre-Market Ahead of Earnings Test
BlackBerry shares recovered in pre-market trading Monday after a 9% drop Friday, with investors eyeing QNX growth and government deals ahead of June 25 earnings.
Micron Rebounds After Nvidia Eases HBM Supply Concerns
Micron shares rebounded 8.2% in premarket trading after Nvidia confirmed it will continue sourcing high-bandwidth memory from Micron and Samsung, easing supply chain fears.