Technology News
Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.
Smartbird Surges 50% on AI Pivot, New CEO, and Financing Boost
Smartbird (BIRD) shares surged 50% after completing its footwear exit, appointing ex-AWS executive Nadia Carlsten as CEO, and doubling its convertible financing to $100 million for AI infrastructure.
Rackspace Stock Surges on AMD AI Deal and Workforce Restructuring
Rackspace Technology shares surged 33.8% to $8.31 after finalizing an AMD AI compute deal for 30 MW of capacity and cutting 15% of its global workforce to refocus on enterprise AI.
IceCure Medical Soars on 70% U.S. ProSense Install Base Growth Post-FDA Clearance
IceCure Medical shares tripled on news of a 70% U.S. install base growth for its ProSense breast cancer cryoablation system following FDA clearance.
NuScale Power Rises 3.9% on Paragon Reactor Safety Contract
NuScale Power shares rose 3.9% after awarding Paragon a contract to complete final design work on key protection systems for its small modular reactor technology.
Citi Bullish on Figma: AI Monetization Strategy Solid, $36 Target Set
Citi initiates Figma at Buy with a $36 target, citing strong AI monetization. Shares rise premarket after a 52% YTD decline.
G7 Leaders Debate AI Model Access Amid OpenAI's $1T IPO Plan and Rising China Competition
G7 leaders debate AI model access as OpenAI files for a $1T IPO. Anthropic restricts models, China boosts local AI, and cybersecurity deals surge.
Amazon Leo, AST SpaceMobile, and China Launches: June 2026 Space and Satellite News
Arianespace's Ariane 6 launched 36 Amazon Leo satellites, AST SpaceMobile deployed three direct-to-phone satellites, and China launched Shijian-31, highlighting the competitive satellite broadband landscape.
CoreWeave Gains as Nasdaq-100 Inclusion Nears, Backlog Optimism Grows
CoreWeave jumped 9.67% to $117.03 on Tuesday, buoyed by expectations of a backlog surpassing $131 billion and its upcoming Nasdaq-100 inclusion.
SpaceX Shares Rally on Record Options, Index Inclusion, and $60B Cursor Deal
SpaceX shares rallied 3.2% premarket following a record options session and a $60 billion all-stock acquisition of Anysphere, pushing its market cap above Amazon.