Technology News
Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.
QuantumScape Surges on $11M Billings, Eagle Line Progress
QuantumScape shares gained 4.9% Tuesday after reporting $11M in Q1 customer billings and progress at its Eagle Line pilot facility, signaling a step toward commercial solid-state battery production.
GitLab Restructuring and AI Pivot Trigger Share Decline
GitLab Inc. will cut jobs and restructure global operations to invest in AI agents, sending shares down 9.6%. Raymond James downgraded the stock, citing execution risks.
Flashscore Tops Speed Poll Ahead of 2026 World Cup
Flashscore was named fastest live sports platform in a survey across UK, Italy, and Brazil, with 46-53% of fans citing it as quickest, just weeks before the 2026 World Cup.
Energy Vault and Eskom Partner on Gravity Storage at South African Coal Plant
Energy Vault and Eskom have inked a deal to build a 25-MW gravity storage system at Hendrina Power Station, with potential expansion to 4 GW, targeting 4 GWh across Southern Africa by 2035.
POET Technologies Stock Rises After Appointing New COO to Lead Manufacturing Scale-Up
POET Technologies shares jumped 2.95% to $14.31 after appointing Sandeep Kumar as COO to lead manufacturing scale-up in Malaysia. The stock outperformed a down market as investors focus on production execution.
AI Memory ETF Surpasses $6.5 Billion in Rapid Launch, Outpacing Bitcoin Funds
The Roundhill Memory ETF (DRAM) hit $6.5 billion in assets 36 days post-launch, fueled by AI memory chip demand. Retail net buying surpassed $150 million, outpacing Nvidia.
FuelCell Energy Hits 52-Week High on AI Data Center Power Demand
FuelCell Energy shares hit a 52-week high of $15.94, surging 16% as investors bet on fuel cells for AI data centers. Revenue rose 61% to $30.5M, but net loss widened to $26.1M.
Navitas Semiconductor Files $125M Stock Sale After India GaN Launch
Navitas Semiconductor files for a $125M stock sale after its shares jumped 24% on the news of a GaN product launch in India with Cyient.
Google Finance AI Goes Live Across Europe with Local Language Tools
Google rolls out its AI-enhanced Google Finance platform across Europe, providing local-language market tools and research capabilities as the financial data sector shifts toward conversational AI.