Technology News
Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.
Nokia Stock Soars to New Highs on AI Cloud Demand
Nokia shares hit a 52-week high as AI and cloud sales surge 49%, driving a 54% jump in Q1 operating profit. The stock is now trading above most analyst targets.
Nokia Stock Hits New Highs on AI-Driven Optical Network Demand
Nokia shares hit a new 52-week high in Helsinki and a record high in US ADRs, driven by strong Q1 earnings and surging AI and cloud sales.
TSMC Takes Center Stage as Nvidia Deepens Taiwan Ties
Nvidia plans to spend up to $150B yearly in Taiwan, highlighting TSMC's critical role in AI chip manufacturing. TSMC's April revenue rose 17.5% YoY.
BlackBerry Hits 52-Week High on AtHoc Certification and QNX Robotics Push
BlackBerry stock surged to a 52-week high, driven by AtHoc government cloud recertification and QNX robotics demonstrations. Q1 FY2027 earnings are expected around June 25.
Archer Aviation Gains Premarket as eVTOL Certification Advances
Archer Aviation shares rose 2.14% to $6.65 in Wednesday's premarket, extending a 12.6% rebound since May 20. The company completed Phase 3 of FAA certification for its Midnight eVTOL aircraft.
Micron Joins Trillion-Dollar Club on AI Memory Demand
Micron shares surged 19.3% to $895.88, pushing its market cap past $1 trillion for the first time, fueled by a UBS price target hike and strong AI memory demand.
Redwire Shares Surge 26% on Drone Orders and Record Backlog
Redwire shares jumped 26% to $22.04 Tuesday on record volume, driven by drone orders, a $498.1 million backlog, and a possible $350 million share sale. First-quarter revenue rose 57.9% but net loss widened to $76.5 million.
Nvidia Slips as AI Boom Lifts Broader Market to Records; What's Next for Traders
Nvidia shares slipped 55 cents to $214.86 even as the S&P 500 and Nasdaq closed at record highs. Q1 revenue surged 85% to $81.6B, data center revenue jumped 92%, but China revenue halved amid export restrictions.
Richtech Robotics Surges Despite Delayed SEC Filing
Richtech Robotics surged 49.5 cents to $3.17 Tuesday on volume exceeding 39 million shares, even as the company disclosed a late SEC filing for its March quarter.
Joby Aviation Gains 5.6% on Holiday Return, Eyes Certification Milestones
Joby Aviation shares climbed 5.6% to $11.53 in late trading Tuesday, outpacing eVTOL peers as U.S. markets returned from Memorial Day. No company-specific catalysts drove the move.
Braiin Stock Surges 98% on Switchcraft Deal Targeting UK Proptech Market
Braiin shares surged 98.5% on Nasdaq after announcing a partnership with Switchcraft to add utility and telecom switching to its proptech platform, with heavy trading volume and multiple volatility halts.