Technology News
Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.
Rigetti Computing Shares Dip as $100M Federal Funding Awaits Final Terms
Rigetti shares fell 5.5% to $25.54 on Friday, paring gains from a Thursday rally tied to a $100M federal funding letter. Final terms could dilute shareholders, and new SEC filings reveal planned insider sales.
Apple Shares Near Peak as Siri Faces AI Showdown at WWDC
Apple shares ended the holiday-shortened week near record levels, with investors focused on the upcoming WWDC where Siri's AI capabilities will be scrutinized.
ServiceNow Shares Surge in May, AI Optimism Fuels Rebound
ServiceNow shares surged 40.8% in May, their best month since 2012 IPO, closing at $124.37. AI optimism drove enterprise software stocks higher.
Super Micro Surges 30% in a Week on AI Server Demand Boost from Dell
Super Micro Computer shares jumped 30% in a week, lifted by Dell's strong AI server revenue and sector-wide rally. Key catalysts ahead include HPE earnings and US jobs data.
Micron Joins Trillion-Dollar Club; Key Week Ahead May Set Direction
Micron's market cap surpassed $1 trillion as shares closed at $971. Analysts raised price targets sharply on tight HBM supply and AI demand. Samsung's new HBM4E chip adds competitive pressure.
Estonia Approves Tesla FSD, Market Awaits Monday Trading Session
Tesla shares gained 2.3% last week after Estonia approved its FSD system. U.S. markets will react Monday, with European registrations up 46.5% in April.
Axon's AI Drone Surge Drives 16% Weekly Gain, Analyst Targets Diverge
Axon Enterprise shares surged 16.5% in a week, boosted by a 34% Q1 revenue jump and over 700% growth in AI product revenue. Wall Street remains divided with analyst targets ranging from $440 to $662.