Technology News
Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.
SanDisk Surges as Wall Street Lifts Target to $3,250 on AI-Driven NAND Demand
Susquehanna boosted its SanDisk price target to $3,250, reflecting surging AI-driven demand for NAND memory. The company reported Q3 revenue of $5.95B, up 251%, and signed $42B in minimum revenue contracts.
Twilio Shares Jump 14.7% on Raised Outlook, AI-Driven Growth
Twilio shares surged 14.7% to $218.75 after raising its 2026 outlook and reporting Q1 revenue up 20% to $1.41 billion, driven by AI demand and gross-profit growth.
Oracle Soars on AI Cloud Demand and Record Backlog
Oracle shares jumped over 8% to $244.73 after strong Q3 earnings and a 44% cloud revenue surge. The company's backlog soared 325% to $553 billion, but a $1.07 billion put position signals caution.
BlackBerry shares surge as QNX robotics bet gains momentum
BlackBerry shares jumped 7.8% to $9.70 in New York, reaching a 52-week high in Toronto, fueled by QNX's 20% revenue growth and a $950 million royalty backlog.
Rigetti Computing Gains on Quantum Error Correction Breakthrough and CHIPS Act Funding
Rigetti Computing shares rose 3.4% after a quantum error-correction paper was published and the company secured up to $100 million in CHIPS Act funding.
IREN Secures $3.65B GPU Financing for Microsoft AI Deal
IREN shares slipped 0.7% premarket to $63.54 after securing $3.65B in GPU-backed debt to fund its Microsoft AI contract, aiming for $4.4B ARR.
France Secures €93 Billion in AI and Industrial Investment at Choose France Summit
SoftBank leads €93 billion in corporate pledges at the Choose France summit, with plans for major AI data centres in northern France, as the country positions itself as a European AI hub.
