Tech
The tech companies, chips and platforms moving indexes and reshaping the economy.
IBM Acquires HRL Laboratories to Add Second Quantum Computing Approach
IBM is acquiring HRL Laboratories, a quantum research lab owned by Boeing and General Motors, to diversify its quantum computing technology.
AI Demand Divergence Splits European Chip Stocks: Soitec Surges, STMicro Slides
European chip stocks saw a sharp split after earnings. Soitec surged 23% on strong AI-driven photonics wafer demand, while STMicroelectronic
T-Mobile Raises Cash Flow Forecast as Premium Plans and AI Cost Cuts Pay Off
T-Mobile raised its adjusted free cash flow forecast to $18.4-18.8 billion after a strong quarter. More customers are choosing premium 'Expe
PayPay and Seven & i Near Deal to Link Loyalty Points Across 100 Million Users
SoftBank-backed PayPay and Seven & i Holdings are in advanced talks to link customer data and run a shared loyalty-points system. The deal c
AMD Unveils Helios Racks and Venice CPU to Challenge Nvidia in AI Inference
AMD is launching new AI data center hardware, including Helios server racks and a Venice CPU, to compete with Nvidia in inference computing.
Peacock Posts First Quarterly Profit, Driven by Live Sports and 2 Million New Subscribers
Comcast announced that Peacock achieved its first-ever quarterly profit, adding 2 million paid subscribers in the April-June period. The mil
STMicroelectronics Q3 Revenue Forecast Misses Estimates Despite Demand Recovery Signs
STMicroelectronics sees chip demand returning but its Q3 revenue forecast of $3.70B fell just short of the $3.72B consensus. The company poi
ServiceNow's AI Products Hit $1B in Contracts, Lifting 2026 Revenue Forecast
ServiceNow announced its AI products exceeded $1 billion in annual contract value, leading to an increased 2026 subscription revenue forecas
Google Cloud Revenue Surges 82% to $24.8B, Lifting Alphabet Past Q2 Sales Estimates
Alphabet topped Wall Street sales expectations thanks to Google Cloud revenue surging 82% to $24.8 billion. AI demand is fueling cloud growt
ServiceNow Lifts 2026 Subscription Forecast Again After Q2 Beat, AI Agents Drive Demand
ServiceNow raised its full-year 2026 subscription revenue forecast after a strong Q2, even as its Q3 outlook came in slightly below estimate
Tesla's Cash Flow Turns Negative as AI Spending Surges
Tesla's free cash flow swung to a $1.1 billion burn in the second quarter, even as deliveries beat expectations and its energy storage busin
Redfin Survey: 53% of Americans Oppose AI Data Centers in Their Neighborhoods
A Redfin survey reveals 53% of Americans oppose data centers near their homes, citing noise, traffic, and high water and electricity use. Th