Technology News
Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.
CoreWeave Shares Surge Premarket on Index Inclusion and AI Deal
CoreWeave shares surged 5.65% premarket after a preliminary Russell 3000 index addition and a $20 million AI-inference funding round backed by CoreWeave.
Super Micro Gains on New Nvidia AI Blueprints, Analyst Price Target Hike
Super Micro Computer shares edged higher after unveiling Nvidia Vera Rubin-based data center designs and receiving a price target increase from Mizuho, though an ongoing board review over export-control matters keeps some investors cautious.
Revolution Medicines Stock Gains Pre-Market on Promising Pancreatic Cancer Data
Revolution Medicines shares gained 1.9% premarket after Phase 3 data showed its experimental pill daraxonrasib nearly doubled median survival in pancreatic cancer to 13.2 months versus 6.7 months for chemotherapy.
IBM's Major Quantum and Security Pledges Propel Stock Higher
IBM shares jumped 12.7% as the company committed $15 billion to quantum computing and open-source security, boosting investor sentiment.
Verizon's No-Trade-In Phone Bundles Face Customer Service Challenges
Verizon's new no-trade-in phone bundles aim to drive postpaid growth, but customer reports of two-hour store waits and lower J.D. Power satisfaction ratings highlight service hurdles.
Micron's AI-Driven Surge Puts Rival Samsung Under Pressure
Micron Technology (MU) is riding a wave of AI server demand, nearing a $1.11 trillion market cap. UBS tripled its price target to $1,625, while rivals like Samsung push new HBM chips.
Micron's AI Surge Faces Samsung HBM Challenge Ahead of Earnings
Micron nears $1.1 trillion market cap on AI demand and tight HBM supply, with UBS tripling its target to $1,625. Samsung's new HBM4E chips challenge the stock ahead of June 24 earnings.
Intel's 200% Rally Faces Reality Check After Computex Reveal
Intel shares fell 5.1% on Friday, trimming a 200% year-to-date rally, as the company unveiled new data-center chips at Computex but faces skepticism over its AI turnaround.
