Technology News
Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.
Virgin Galactic Advances 2026 Flight Plans Amid Narrowed Loss and Cash Concerns
Virgin Galactic reported a narrower Q1 loss of $64.7M and confirmed its 2026 flight test schedule, but warned of substantial doubt about its ability to continue as a going concern.
Microsoft Gains as AI Demand Drives Stock Higher
Microsoft shares rose 1.04% on Thursday as investors rotated into big tech, with Azure revenue up 40% and AI business run rate at $37 billion annually.
Apple Retreats from $300 as OpenAI Legal Threat Looms
Apple shares slipped 0.2% to $298.21 after Reuters reported OpenAI is considering legal action over a strained partnership. The dip came despite record quarterly revenue of $111.2 billion.
Figma Shares Rise as AI Monetization Lifts 2026 Revenue Forecast
Figma raised its 2026 revenue outlook by $55 million to $1.428 billion, citing AI-driven user growth. Q1 revenue surged 46% to $333.4 million, with net dollar retention at 139%.
REGENXBIO Shares Tumble 37% Despite Duchenne Gene Therapy Trial Success
REGENXBIO (RGNX) stock plummeted 37% to $6.31 despite positive Phase III data for RGX-202, as two serious adverse events and FDA approval doubts overshadowed the results.
Alpha Compute Surges on $32.2M GPU Lease Deal
Alpha Compute shares surged 28% after disclosing a $32.2 million lease for 504 Nvidia B200 GPUs, expected to generate $16.1 million in annual recurring revenue.
TSMC Revises Global Chip Market Forecast to $1.5 Trillion, Highlighting AI-Driven Capacity Squeeze
TSMC increased its 2030 global semiconductor market forecast to $1.5 trillion, driven by AI demand. AI and high-performance computing are expected to represent 55% of the market.
Intel Stock Slides as AMD and Arm Gain Server CPU Market Share
Intel shares fell 3.9% as UBS data shows server CPU market share dropped to 54.9% in Q1, with AMD and Arm gaining ground.
POET Surges on $50M AI Optics Deal with Lumilens; Long Road to Production Ahead
POET Technologies shares jumped 16% after securing a $50 million initial order from Lumilens for AI data-center optical engines, with potential cumulative purchases over $500 million.
