Technology News
Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.
Snap Stock Plunges 8% on $2,195 AR Spectacles Launch, Investor Skepticism
Snap shares tumbled 8.1% after launching $2,195 Specs AR glasses, as investors question the device's ability to revive growth without draining cash.
Smartbird Soars 39% as Ex-Allbirds Pivots to AI Infrastructure
Smartbird shares surged 39.09% to $5.48 after completing its pivot from Allbirds to AI infrastructure, naming ex-AWS executive Nadia Carlsten CEO and doubling convertible financing to $100 million.
Kazakhstan Unveils $10B AI Data Center Plan With Nvidia Partnership
Kazakhstan announced a $10 billion AI data center project with Nvidia and Firebird, starting with a 125-MW site in Ekibastuz and commercial operations expected in 2027.
OpenAI Lands Google's Noam Shazeer in AI Talent Coup
OpenAI has hired Noam Shazeer, Google's Gemini co-lead, as its architecture research lead, marking a significant talent win as AI competition heats up.
Nokia Shares Split: Helsinki Gains, US ADR Slips Amid AI Expansion
Nokia Oyj shares in Helsinki edged higher Wednesday after announcing a major US photonics-chip packaging expansion and a Southeast Asia subsea cable upgrade, but its US ADR fell as investors remain cautious.
Southwest Airlines Targets 2028 for AWS Cloud and AI Transformation
Southwest Airlines plans to shift core systems to AWS cloud and AI by 2028, supporting its commercial overhaul to assigned seats and bag fees. Shares dipped 1.6%.
Arm Surges 5.7% as Bernstein Lifts Target to $500 on AI CPU Boom
Arm shares surged 5.69% to $418.88 after Bernstein hiked its price target to $500, citing a CPU renaissance from agentic AI demand. The rally reflects investor shift to CPUs, but supply issues and an FTC probe remain risks.
Coherent Stock Slips Despite $50M CHIPS Grant; AI Optics Demand in Question
Coherent shares slipped 1% to $378.85 despite a $50M CHIPS grant for its Texas InP plant, as high valuation and supply risks overshadow AI optics demand.
Vertiv Surges 7% as AI Infrastructure Demand Fuels Rally
Vertiv shares surged 7.3% to $321.49 as investors piled into the AI data-center supplier following strong Q1 results and a raised 2026 forecast, but high valuation raises caution.
