Technology News
Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.
Broadcom Bounces Back After VMware Deal Boosts Margins
Broadcom shares rebounded 0.5% after an early 4.4% decline, buoyed by strong software margins from the VMware acquisition and a new contract with Standard Chartered.
AMD Shares Tumble 7% as Wall Street Adjusts Price Targets Amid GPU Focus
AMD shares dropped 7% to $465.79, triggering revised Wall Street targets. GPU growth expectations remain central, with KeyBanc's $725 target now 56% above the stock price.
UiPath Faces $129M ARR Hurdle After Retail AI Pact; Tetragon Boosts Stake 21%
UiPath must achieve $129 million in annualized recurring revenue growth in the second half of fiscal 2026, following a partnership with UK retailer The Very Group. Tetragon Financial increased its passive stake by 21%.
Alphabet Loses $200B on Gemini 3.5 Pro Delay, AI Strategy Questioned
Alphabet shares fell 4.44% on Thursday, erasing nearly $200 billion in market value, as reports of a delay in the Gemini 3.5 Pro launch raised doubts about the company's AI investment strategy.
Trade Desk Eyes 8% Revenue Growth Amid New Hires
The Trade Desk shares fell 1.3% to $19.12 as the company targets 8.1% Q2 revenue growth. New commercial hires aim to address growth deceleration.
Alphabet Shares Shed $200B on Gemini 3.5 Pro Rollout Delay
Alphabet lost nearly $200 billion in market value after delaying its Gemini 3.5 Pro AI launch, with shares falling 4.4% as investors worry about AI returns.
Amazon Stock Holds Steady as AWS Leadership Transition Looms
Amazon shares traded near $256 as investors focused on the upcoming AWS leadership change and the impact of heavy AI spending on free cash flow.
Intel's High-NA EUV Milestone: A $400 Million Bet on Manufacturing Edge
Intel achieves a manufacturing first with High-NA EUV on Panther Lake, but the steep $400 million tool price and limited external foundry revenue highlight the financial challenges ahead.
AST SpaceMobile Proposes $1B Convertible Note, Cash Reserves Dip 21%
AST SpaceMobile (ASTS) proposes $1B in convertible notes to bolster liquidity after a 21% cash decline. Shares fell 13.5% AH.
IREN Bolsters Security as $3.1B AI Revenue Hurdle Looms
IREN appoints a new CISO while targeting $3.1B in contracted AI-cloud revenue, with Microsoft and NVIDIA representing 84% of the backlog.