Tech
The tech companies, chips and platforms moving indexes and reshaping the economy.
Morgan Stanley Warns Cybersecurity Stocks Overvalued After 25% Rally
Morgan Stanley says cybersecurity stocks have become too expensive after a sharp rally, favoring Palo Alto Networks and CrowdStrike over Qua
Amazon's B2B Unit Hits $60 Billion in Annualized Sales, Adding 1.8 Million Customers
Amazon Business, the company's B2B shopping platform, hit $60 billion in annualized sales in the second quarter after adding 1.8 million cus
Morgan Stanley Downgrades Workday on Slowing HCM Growth, Slow AI Payoff
Morgan Stanley downgraded Workday to underweight, warning that its core HR software growth is cooling while AI features remain in pilot prog
Morgan Stanley Downgrades Salesforce on Slow AI Growth Payoff
Morgan Stanley downgraded Salesforce to equal-weight and slashed its price target to $185 from $287. The bank says the company's Agentforce
Morgan Stanley Downgrades Wix on AI Cost Concerns, Slashes Price Target
Morgan Stanley downgraded Wix to equal-weight and cut its price target to $60 from $112, pointing to heavy costs from its AI 'vibe-coding' p
Morgan Stanley Downgrades BlackLine on Slow AI Adoption, Cuts Price Target to $33
Morgan Stanley downgraded accounting-software firm BlackLine to equal-weight and slashed its price target to $33, warning that cautious cust
UK Robotics Startup Humanoid Raises $152M, Hits $1.35B Valuation in Physical AI Push
UK robotics startup Humanoid raised $152 million in Series A funding, valuing it at $1.35 billion. The company plans beta deployments in Q4
Chip Stocks Surge as TSMC Considers Up to 10% Price Hike Starting in 2027
Semiconductor stocks outpaced the broader tech sector in premarket trading Tuesday after a report that TSMC, the world's largest contract ch
Microsoft and Mistral AI Strike Multibillion-Dollar Deal for Sovereign AI in Europe
Microsoft and France's Mistral AI have signed a multibillion-dollar partnership to deliver sovereign AI to regulated European customers. The
ASML's $400M High NA EUV Tool Arrives at Albany NanoTech for Chip Research
ASML's $400 million High NA EUV lithography system has arrived at New York's Albany NanoTech Complex. The site expects it to be fully operat
Chip Stocks Are Swinging Five Times Faster Than the Market: A 30-Year High in Volatility
Chip stocks are swinging more wildly than the broader market, with volatility hitting a 30-year high. The Philadelphia Semiconductor Index i
Ant International Raises $1.2 Billion to Expand Global Payment Services
Ant International, a Singapore-based spinout of Ant Group, has raised $1.2 billion in a private funding round backed by Ant Group and Alibab