Technology News
Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.
NuScale Surges on NRC Rule Changes for Faster SMR Approvals
NuScale Power shares rose 7.6% to $12.27 after reports the NRC is fast-tracking rule changes to accelerate SMR approvals, reigniting investor interest in the sector.
POET Technologies Stock Dips 7.7% Despite AI Chip Rally After $400M Offering
POET Technologies shares fell 7.7% to $13.46 Tuesday despite a broad chip rally, as a $400M stock-and-warrant offering and Marvell order cancellation weighed on sentiment.
BlackBerry Stock Surges 6% on FedRAMP Re-Certification and Buyback
BlackBerry shares rose 6.1% to $8.39 on Tuesday, driven by FedRAMP re-certification for its AtHoc platform and a renewed share buyback plan. CIBC raised its price target to $8.50.
GE Wins Air Force Contract for Drone Engine, Shares Climb
GE Aerospace has been awarded a U.S. Air Force contract for its GE426 engine, moving into preliminary design review for autonomous combat aircraft. Shares rose 2.8%.
Palantir's AI Growth Story Meets Wall Street Valuation Skepticism
Palantir shares rose 0.8% to $137.98 Tuesday but remain down 23% in 2026, as investors weigh strong AI-driven revenue growth against a high valuation and rising competition.
Microsoft's $190B Capex Plan Pressures Stock as AI Spending Surge Continues
Microsoft shares fell nearly $3 to $415.61 as investors weigh a $190 billion capital spending plan for 2026. Despite strong Azure growth of 40%, concerns over AI spending returns persist.
Congresswoman's Qualcomm Stock Sale Draws Attention Amid AI Chip Boom
Rep. Sara Jacobs disclosed up to $2 million in Qualcomm stock sales from a family trust, just before QCOM shares jumped 5% on news of an AI chip deal with ByteDance.
Western Digital Soars to Record on HDD Demand for AI Data Centers
Western Digital shares surged 10% to a record $532.74 after Evercore ISI boosted its price target to $575, highlighting the critical role of HDDs in AI infrastructure.
Bank of America Boosts Apple Target to $380 on AI Revenue Hopes
Bank of America raised its Apple price target to $380, betting on AI monetization via Siri. Shares edged higher, and split talk revived ahead of the developer conference.
Applied Digital Secures $7.5B AI Lease, Total Backlog Hits $31B
Applied Digital lands a $7.5B, 300MW lease with a major cloud provider, pushing its total contracted revenue to $31B and drawing bullish analyst upgrades.