Technology News
Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.
BlackRock Reveals 8% Stake in Ciena as AI Optical Networking Demand Surges
BlackRock disclosed an 8% stake in Ciena, signaling institutional confidence in the AI networking trade. Shares are near record highs amid strong demand for optical connectivity.
CRISPR Therapeutics Shares Slide 11.6% as Casgevy Faces Revenue Test
CRISPR Therapeutics shares fell 11.6% Friday as investors weigh Casgevy's market performance and upcoming governance decisions.
Intellia Shares Surge on Eve of Historic CRISPR Phase 3 Data Release
Intellia Therapeutics shares rallied 19.3% after hours Friday as investors await Phase 3 data from its HAELO trial of lonvoguran ziclumeran, an in vivo CRISPR gene-editing therapy for hereditary angioedema.
OneMedNet Rebounds on Insider Purchases, Palantir Platform Launch
OneMedNet shares climbed back above $1 following $1.5 million in insider purchases and the launch of its Palantir-powered iRWD data platform.
Corning Files Shelf Registration After AI-Driven Stock Surge
Corning filed an automatic shelf registration on Friday, enabling future debt and equity offerings. The move follows a stock surge to $179.08 and precedes its April 28 earnings call.
AAOI Soars 17% on AI Optics Demand, Earnings Test Looms May 7
Applied Optoelectronics shares surged 17.7% to $162.17 on Friday, driven by a $71 million order for 800G transceivers and a Houston expansion. The company's first-quarter earnings report on May 7 will be a key test.
Meta's AWS Graviton5 Deal Signals AI Infrastructure Shift Beyond Nvidia
Meta Platforms has inked a multi-year, multi-billion-dollar agreement with Amazon Web Services to deploy tens of millions of Graviton5 cores for AI workloads, signaling a strategic expansion beyond Nvidia GPUs.
Ouster Surges on Atlanta Lidar Traffic Deal Ahead of 2026 World Cup
Ouster shares jumped 6.7% after announcing a major lidar traffic system deployment in Atlanta for the 2026 World Cup, with Q1 earnings due May 5.
Atomera Surges on Synopsys GaN Chip Modeling Deal
Atomera shares surged 49% to $9.20 after expanding its Synopsys partnership for GaN device modeling, with trading volume exceeding 24 million shares.
Taiwan Eases Stock Limits, TSMC Hits Record High
TSMC shares closed at a record NT$2,185 in Taipei after Taiwan eased single-stock limits for local equity funds and active ETFs, allowing up to 25% investment in the chipmaker.
AEye Surges on Analyst Upgrade as Lidar Turnaround Hopes Grow
AEye surged over 30% after Craig-Hallum initiated coverage with a buy rating and $3.50 target, spotlighting a potential turnaround. The lidar maker faces revenue challenges but adds new operations head.
Snowflake Shares Tumble as AI Initiatives Face Software Sector Headwinds
Snowflake shares dropped 5.5% to $138.42, pressured by a software sector selloff and a class-action deadline. The company is expanding its AI offerings, but investors remain cautious about AI's effect on revenue.