Technology News
Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.
ADI Stock Jumps on $1.5B AI Power Deal as Earnings Approach
Analog Devices shares gained 1.36% after-hours after announcing a $1.5 billion cash deal for Empower Semiconductor, aiming to bolster AI infrastructure power solutions.
POET Technologies Stock Slides Despite $400M Capital Raise
POET Technologies shares dropped 8.02% to $13.07 despite securing $400M in funding. The photonics firm aims to scale AI data-center chip production and eyes a $500M deal with Lumilens.
Microsoft Stock Dips on Rate Fears Despite Strong Cloud Demand
Microsoft shares slipped 1.4% to $417.42 on Tuesday as higher Treasury yields weighed on big tech, even as the company announced its largest India data center will open by mid-2026.
Google's $5B AI Cloud Deal with Blackstone Fails to Impress Wall Street
Alphabet shares dropped 2.3% as Google's $5B AI cloud venture with Blackstone and new Gemini models failed to meet Wall Street's high expectations.
Warby Parker Stock Dips After AI Glasses Reveal Leaves Key Details Unclear
Warby Parker shares slipped after revealing AI glasses with Google and Samsung, but missing pricing and launch date. Q1 revenue rose 8.3% to $242.4M, while gross margin fell to 54%.
Intel Rebounds on CPU Demand Hopes Ahead of Nvidia's Earnings
Intel shares climbed 3.3% to $111.69, breaking a five-session losing streak, after analysts raised price targets on stronger CPU demand. The move precedes Nvidia's earnings.
Autonomous Trucking Sector Shifts to Paid Operations, Investors Eye Scalability
Aurora Innovation and Kodiak report paid driverless freight runs in Texas, while Waabi raises $750M. Investors focus on scalability and cost per mile.
Astera Labs Soars on AI Demand, Wall Street Bullish on Connectivity
Astera Labs shares jumped 15.2% to $248.36 after Evercore ISI boosted its price target and management cited rising AI data-center demand. Revenue surged to $308 million last quarter.
Celestica Shares Slip as AI Hardware Rally Falters
Celestica shares dropped 5% in Toronto as the TSX reopened, mirroring declines in New York, as AI hardware stocks faced a sell-off.
Anthropic Bolsters AI Research with Key Hires Including OpenAI Co-Founder
Anthropic hires OpenAI co-founder Andrej Karpathy to its pre-training team, aiming to accelerate Claude model development with AI-driven research.