Technology News
Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.
Oracle Shares Flat as AWS Partnership Fails to Ignite AI Revenue Optimism
Oracle shares were nearly unchanged Monday as the market assessed whether its new AWS Interconnect integration will generate sustainable AI income. The stock remains significantly below its peak from last September.
AMD Shares Dip After Rally as Analysts Boost Targets on AI CPU Demand
AMD shares declined 1.4% on Monday, cooling off after a record-breaking rally, while analysts at Bank of America and Stifel increased their price targets, highlighting growing AI infrastructure demand for central processors.
Hims & Hers Soars on FDA Catalyst as Omnicell Underperforms
Hims & Hers Health shares surged nearly 9% Monday, extending a strong weekly gain ahead of its May earnings report and a key FDA meeting on peptides. Omnicell reported mixed Q4 results with a net loss.
Broadcom's AI Surge Faces Test as Google Explores Marvell Chip Deal
Broadcom shares declined after reports surfaced that Google is in discussions with Marvell Technology for new AI chips, potentially impacting Broadcom's custom silicon business. Despite this, Broadcom's AI revenue soared 106% last quarter to $8.4 billion.
Lilly Acquires Kelonia in $7B Bet on In-Body CAR-T Cancer Therapy
Eli Lilly will purchase Kelonia Therapeutics in a deal valued at up to $7 billion, gaining an experimental in-body CAR-T therapy for blood cancer. Lilly shares rose 2.5% on the news.
Google in Talks with Marvell for Custom AI Chips, Boosting Custom Silicon Race
Alphabet's Google is in discussions with Marvell Technology to design two new AI chips, according to a report. The move would deepen Marvell's role in the custom chip market for cloud giants.
AST SpaceMobile Satellite Launch Anomaly Threatens 2026 Network Timeline
AST SpaceMobile's critical BlueBird 7 satellite experienced an orbital anomaly following its launch on Blue Origin's New Glenn rocket, creating uncertainty for the company's planned 2026 commercial service deployment.
Blue Origin Achieves Key Reusability Milestone with New Glenn Booster Landing
Blue Origin recovered a previously flown New Glenn rocket booster following the launch of AST SpaceMobile's BlueBird 7 satellite, marking its first successful reuse mission and advancing competition in the reusable launch sector.
Fluor Sells $150M NuScale Stake, Shares Surge on Heavy Volume
Fluor Corporation divested a $150 million stake in NuScale Power, dropping its ownership below 5%. NuScale shares closed up 10.8% on Friday with elevated trading volume.
Tesla Ramps Up AI Chip Ambitions with Taiwan Hiring Spree Ahead of Earnings
Tesla is accelerating its in-house AI chip development, hiring engineers in Taiwan for its Terafab facility just days before its Q1 earnings report. Investors are focused on the company's capital allocation to AI amid cooling electric vehicle demand.
Nvidia Expands Robotics Ambitions as Chipmakers Signal Sustained AI Demand
Nvidia is advancing its robotics initiatives through an expanded collaboration with Cadence Design Systems, integrating AI models with simulation tools. Concurrently, leading chip manufacturers TSMC and ASML have upgraded their sales outlooks, underscoring robust demand for artificial intelligence hardware.
Intel Shares Reach 26-Year High Ahead of Critical Earnings Report
Intel's stock price climbed to levels not seen since the dot-com era, fueled by strategic AI deals and a $14.2 billion asset repurchase. The chipmaker's turnaround narrative now faces a crucial test with upcoming quarterly earnings.