Technology News
Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.
Micron Stock Wavers as AI Memory Demand Faces Key Test Next Week
Micron shares slipped Friday but posted a weekly gain. The market awaits Samsung's labor vote outcome and Nvidia's AI demand trajectory.
Joby Aviation Shares Surge Ahead of Memorial Day Break; FAA Progress Key
Joby Aviation shares rose 5% to $10.92 on Friday, gaining 5.4% for the week before the Memorial Day holiday. The company's next major event is its June 2 annual meeting, following a Q1 update showing $2.5 billion in cash and FAA certification advances.
Apple Hits $4.5 Trillion Market Cap; Holiday Week Tests Rally
Apple closed Friday at $308.82, pushing its market value above $4.5 trillion. The holiday week brings key inflation data and Apple's WWDC, testing the rally.
Navitas Semiconductor Surges 37% in a Week Amid AI Data Center Bet
Navitas Semiconductor shares surged 37% over the past week, closing at $29.25 on Friday after a 19.98% gain, driven by AI data center exposure and a capital structure deal.
BlackBerry Soars 19% on FedRAMP Win and QNX Robotics Debut
BlackBerry shares jumped 19% Friday after the company announced its AtHoc platform received FedRAMP High re-certification and QNX will demo at the Robotics Summit. Q4 revenue rose 10% to $156 million.
Quantum Computing Stock Surges Amid Sector Rally, Despite Missing Federal Grant List
Quantum Computing Inc. (QUBT) shares jumped 7.89% to $12.31 on Friday, lifted by a sector-wide rally following the U.S. Commerce Department's $2.013 billion quantum funding announcement, though QUBT was not named among the award recipients.
Intel Stock Surges 10% Ahead of Memorial Day Break Amid AI Optimism
Intel shares jumped 10% last week, closing at $119.84, fueled by strong Xeon CPU demand and bullish revenue forecasts, though the foundry unit posted a $2.44B loss.
Archer Aviation Holds Pre-Holiday Gains as FAA Progress and Insider Sales Draw Attention
Archer Aviation shares climbed 3.92% to $6.36 on Friday, posting a 5.1% weekly gain. Markets are closed Monday for Memorial Day, with the next session on Tuesday.
Infleqtion Shares Jump After $100M Quantum Funding Signal
Infleqtion shares rose 11.2% Friday after the U.S. Commerce Department signaled $100 million in quantum-computing incentives. The stock is up 31% since mid-May.
Nokia Stock Hits 52-Week High as AI Data-Center Demand Drives Rally
Nokia shares reached a 52-week high in Helsinki, driven by AI data-center demand and strong Q1 earnings. The stock's rally faces risks from competition and market uncertainties.
D-Wave Quantum Shares Surge 44.5% After $100 Million CHIPS Act Nod
D-Wave Quantum shares jumped 44.5% last week after the Commerce Department proposed $100 million in CHIPS Act funding. Q1 revenue fell to $2.9 million, but bookings surged nearly 2,000%.