Tech
The tech companies, chips and platforms moving indexes and reshaping the economy.
Apple's Price Hikes on iPads and MacBooks Rattle Asian Tech Stocks
Asian stocks slipped as Apple raised iPad and MacBook prices to cover higher memory and storage chip costs, wiping $250 billion from its mar
Airwallex Raises $320M at $11B Valuation to Build AI Tools for Business Payments
Airwallex has raised $320 million at an $11 billion valuation, a nearly 38% increase from its last round. The payments firm plans to use the
Samsung Mulls $648 Billion Investment Plan for South Korea Chip Plants
Samsung Group could spend up to 1,000 trillion won ($648 billion) over 10 years in South Korea, including 300 trillion won for new chip fact
Sonos Cuts 3% of Staff in UX and Design to Speed Up Product Development
Sonos cut roughly 3% of its workforce, mainly in user experience, product, and design. CEO Tom Conrad says the move is about speeding up pro
Chip Stocks Surge as Micron, Qualcomm Rally; Apple Drags on Nasdaq
Chip stocks powered the Dow higher on Thursday, with Micron surging 10% and Qualcomm rising 4%. But Apple tumbled 5.3%, dragging the Nasdaq
Micron's $22 Billion Take-or-Pay Deals Aim to Smooth Memory Chip Cycles
Micron has secured $22 billion in five-year take-or-pay contracts from customers like Nvidia, aiming to reduce the boom-bust nature of the m
Microsoft Hikes Xbox Prices Up to $150 as Memory Chip Costs Surge
Microsoft will lift Xbox console prices by up to $150 from August 1, blaming a surge in memory and storage chip costs. The price hike mirror
Dell Ends Arrow Distribution Deal, Up to $2 Billion in Sales at Risk
Dell Technologies is ending its enterprise computing distribution deal with Arrow after a channel review. The split could shift $1.4-2 billi
RBC Cuts Figma Price Target to $22 as AI Monetization Remains Early Stage
RBC Capital Markets cut its Figma price target to $22 from $28 after the Config event, noting the company's AI push is becoming more concret
Apple May Raise Mac and iPad Prices as Memory Chip Costs Surge, Wedbush Warns
Apple may need to raise Mac and iPad prices as memory chip costs climb, according to Wedbush. The stock fell 4.8% on Thursday as investors w
Google Expands AI Coding Team as Key Researchers Defect to Rivals
Google is widening the remit of its AI coding strike team to train models for coding and business tasks, even as several prominent researche
BlackBerry's QNX Software Pivot Drives Revenue Forecast Hike
BlackBerry lifted its full-year 2027 revenue forecast after QNX sales surged nearly 26% and its royalty backlog approached $1 billion. The c