Tech
The tech companies, chips and platforms moving indexes and reshaping the economy.
Meta's AI spending surge raises questions about when returns will arrive
Wedbush Securities has boosted its capital spending estimates for Meta through 2028, but cut its price target as the company's massive AI bu
Unitree IPO faces headwinds as FCC blocks foreign-made advanced robots from US market
Unitree, a Chinese robot maker, is preparing for a Shanghai IPO just as the FCC adds foreign-made advanced robots to its Covered List. This
Cognizant's AI Builder push hits 8,000 engagements as clients seek ROI
Wedbush says Cognizant's AI Builder push has resulted in roughly 8,000 AI engagements. Clients are seeking better returns on their AI invest
Silicon Motion surges as AI and auto chip demand drives 127% revenue jump
Silicon Motion Technology reported a massive Q2 beat, with revenue jumping 127% to $451 million, driven by strong demand for its storage-con
Xiaomi launches SkyNomad N90 Max SUV to boost EV sales
Xiaomi has launched the SkyNomad N90 Max, a seven-seat EREV SUV priced at 299,900 yuan, with pre-orders starting Thursday and deliveries in
SK Hynix's record earnings fail to lift stock as AI spending doubts grow
SK Hynix delivered stellar quarterly results, but its stock dropped as the market focused on concerns over AI spending sustainability. Force
Amazon's Zoox gets green light for driverless robotaxis without steering wheels
Amazon's Zoox has received federal approval to operate paid robotaxis without steering wheels or pedals. The NHTSA exemption allows up to 2,
Microsoft's steady outlook calms jittery markets after Fed holds rates
US stock futures rose after Microsoft topped expectations and signaled its AI buildout won't require a bigger-than-feared spending surge. Th
Microsoft's Cloud Strength Drives Futures Higher Ahead of Key Economic Data
US stock futures edged higher on Thursday, led by a 9.4% premarket surge in Microsoft shares after strong cloud earnings. Traders are now fo
Teladoc shares plunge 19% as Q2 revenue misses and 2026 outlook weakens
Teladoc Health's second-quarter revenue fell short of analyst estimates, and the company lowered its 2026 sales outlook. Shares dropped more
Solstice raises 2026 outlook as AI data center demand drives 11% sales growth
Solstice Advanced Materials raised its full-year sales and profit outlook after second-quarter revenue jumped 11% to $1.15 billion. The Hone
Capgemini raises 2026 growth forecast on AI-driven tech projects
Capgemini raised its 2026 revenue growth target to 8.5%-9% after second-quarter bookings climbed 9.2% to €6.55 billion. The French IT firm i