Technology News
Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.
Microsoft Shares Jump on Report of In-House AI Models Ahead of Build Event
Microsoft shares rose 3.4% on Thursday after a report said the company will unveil new in-house AI models, including a coding model for GitHub Copilot, at its Build event next week.
ServiceNow Shares Surge on Renewed AI Optimism in Enterprise Software
ServiceNow shares jumped 7% as AI-focused enterprise software stocks rallied, fueled by Snowflake's $6 billion AWS deal. Q1 subscription revenue rose 22%, but questions linger about AI's long-term impact.
Aurora Innovation Surges on Commercial Deals and Analyst Upgrade
Aurora Innovation shares rose 5.8% to $7.21 after Morgan Stanley raised its price target to $14 and the company announced new commercial freight deals with Volvo, DSV, and McLane.
BigBear.ai Surges 10% on Margin Gains, but CFO Stock Sale and Revenue Dip Raise Caution
BigBear.ai shares surged 10% on improved margins and backlog, but a CFO stock sale and slight revenue drop highlight ongoing challenges.
Robinhood Unveils AI Agent Trading and Credit Card Features, Shares Surge
Robinhood shares jumped 9.6% to $83.55 after introducing AI-agent-driven trading and credit card features, enabling users to let AI execute trades and payments.
Amprius Technologies Shares Rally 26% Amid Insider Sales and Short-Seller Report
Amprius Technologies shares surged 26.5% to $21.70 on heavy volume, fueled by insider sales, a short-seller report, and strong Q1 results. The company raised its 2026 revenue forecast.
Marvell Rises on $10B Custom Chip Forecast, AI Demand Drives Growth
Marvell Technology shares rose 2.4% to $203.50 after forecasting $10B+ in custom-chip revenue by fiscal 2029, with Q1 revenue up 28% to $2.418B. AI bookings surged and data center sales made up 76% of total revenue.
AMD Surges 5% as AI Infrastructure Bets Revive Chip Sector Rally
AMD shares surged 5.1% to $520.93 on Thursday, leading chip stocks higher on renewed AI demand and a $10B investment in Taiwan's chip ecosystem.
Arm Soars on Nvidia Vera CPU Ties, Record Revenue
Arm shares jumped 12.7% on upbeat analyst notes tying it to Nvidia's Vera CPU. Record revenue of $4.92 billion and $2 billion in AGI CPU demand through 2028 fuel the rally.