Technology News
Market coverage tagged Technology.
- Market Flux Event
Zuckerberg's 6500-Word AI Manifesto Anchors a Week of Big AI Infrastructure Moves
Meta CEO Mark Zuckerberg published a 6,500-word essay laying out his vision for AI as a broadly accessible public good, arguing that the greatest risk would be any single entity gaining too…
- Top Mover
Palo Alto Networks and CrowdStrike Hit 52-Week Highs After Black Hat as China Probe Fades
Palo Alto Networks and CrowdStrike each surged more than 5% to record highs on Monday, August 10, after the annual Black Hat cybersecurity conference in Las Vegas renewed investor…
- Market Flux Event
Nvidia Partners With Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR to Mobilize $500 Billion for AI Infrastructure
Nvidia is teaming up with six major Wall Street firms, Apollo Global Management, BlackRock's Global Infrastructure Partners unit, Blackstone, Brookfield Asset Management, Goldman Sachs and…
- Market Flux Event
Meta Releases Muse Glimmer Open-Source AI Model as Zuckerberg Publishes 6500-Word Vision for Personal Superintelligence
Meta on Monday released Muse Glimmer, a 30-billion-parameter open-weight AI model licensed under Apache 2.0, designed to run autonomous AI agents locally on consumer hardware such as…
- Market Flux Event
Intel Launches $15 Billion Stock Offering for AI Capital Spending, Shares Fall Up to 5%
Intel on Monday announced a $15 billion underwritten public offering of common stock, with proceeds earmarked for general corporate purposes including capital expenditures and working…
- Market Flux Event
Intel Launches $15 Billion Stock Offering to Fund AI Data Center Expansion
Intel announced a $15 billion underwritten public offering of common stock on August 10, citing surging demand from the artificial intelligence data center boom as the rationale for the…
- Market Flux Event
Jefferies Cuts Apple to Underperform After All-Glass iPhone Cancellation Dents Premium Pricing Strategy
Jefferies downgraded Apple to Underperform from Hold on August 10, cutting its price target to $263.66, after supply chain checks by analyst Edison Lee indicated that a planned all-glass…
- Market Flux Event
China Exports Surge on AI Demand as Trump Pushes Crypto Clarity and Mining Investment
China's July exports exceeded forecasts, driven by AI sector growth and companies rushing shipments ahead of potential tariffs. President Trump announced support for the CLARITY Act to…
- Market Flux Event
Alibaba to Charge Major Commercial Users of Next Qwen AI Model
Chinese tech giant Alibaba plans to implement revenue-sharing agreements with large commercial users of its upcoming Qwen open-source AI model. The move mirrors similar strategies in…
- Market Flux Event
Tech Stocks Surge on Strong Q2 Earnings as Airbnb Leads Broad Rally
Airbnb led a wave of earnings beats, with shares soaring 12% after reporting Q2 revenue of $3.6 billion and EPS of $1.37, both exceeding estimates, while raising full-year guidance. The…
- Market Flux Event
OpenAI Unveils $300-Plus Smart Speaker with Moving Parts for 2027 Launch
OpenAI is developing a ring-shaped smart device resembling a small doughnut, priced between $300 and $400. The hockey puck-sized speaker features a camera, microphones, speakers, lights…
- Market Flux Event
Software Stocks Decline as Datadog Earnings Spark AI Pricing Concerns
Datadog shares fell 18% Thursday despite beating Q2 earnings and raising guidance, triggering broader software sector weakness. Investor concerns center on AI pricing models at Datadog and…