Technology

Oracle Corp (NASDAQ:ORCL) shares fell more than 11% on Thursday after the software giant reported fiscal fourth-quarter cloud revenue that narrowly missed Wall Street expectations and unveiled plans to raise roughly $40 billion to fund an aggressive AI infrastructure expansion. The company reported...

Morningstar reiterated Monday that its $780 billion fair value estimate for SpaceX already assumes major breakthroughs, including rapid Starship reusability and commercialized space-based data centers, yet still falls roughly 55% short of the company’s reported $1.75 trillion IPO valuation....

Space-focused ETFs are gaining momentum ahead of SpaceX's planned Starship Version 3 launch on May 19, as investors increasingly position for what could become a big catalyst for the commercial space economy. The Flight 12 mission from Starbase, Texas, will mark the first launch of Starship V3, the...

The AI arms race is heating up, and its effects are starting to show up where investors actually care – on the Big Tech balance sheets. According to UBS, global AI capex is now expected to hit $423 billion in 2025, and $571 billion in 2026. By 2030, UBS expects spending to reach $1.3 trillion,...

Pop icon Justin Bieber has voiced his dissatisfaction with a design feature on Apple‘s iPhone, further complicating an already difficult week for the technology behemoth. What Happened: On Saturday, Bieber took to X to express his annoyance with the dictation button on Apple iPhones. The...

If you want to see capitalism at its most feverish, forget crypto or meme stocks. The new mania has a more respectable name: AI Infrastructure. Data centers, mazes of silicon and cooling coils, are devouring every spare dollar, pound of copper and parcel of land they can find. In a recent market...

The U.S. tech labor market has been trending downward for some time now. After a hiring spree post-pandemic, 2022 and 2023 saw cutbacks across major firms—and even as tech stocks rebounded on AI dreams, employment never really followed. AI companies are burning through billions like it’s...

Equity markets are once again in a euphoric run, with comparisons being drawn to two historic episodes of excess: the dot-com bubble of the late 1990s and the Roaring Twenties preceding the Great Depression. While AI-driven tech giants continue to push indices to record highs, institutional...

Ahead of SoundHound AI‘s (NASDAQ:SOUN) incoming Q2 earnings release, Benzinga caught up with its founder and CEO, Keyvan Mohajer, to discuss the firm's plans and industry developments. BZ: SoundHound is growing and expanding into new verticals, as demonstrated by your recent partnerships,...

Born out of breakthrough research at the City University of Hong Kong, i2Cool is redefining the future of sustainable cooling. Founded by leading professors and young scientists from the School of Energy and Environment, the company transforms cutting-edge science—featured in top journals like...

MicroAlgo Inc. (NASDAQ:MLGO) stock has recorded a 3% increase in pre-market after the company’s recent developments in quantum algorithms. What Happened: On Thursday, MicroAlgo, a company focused on developing and applying central processing algorithms, surged to $0.79 during pre-market...

Pershing Square Capital Management, L.P., founded and led by the billionaire Bill Ackman, has a portfolio valued at $11.930 billion, which is concentrated in these four stocks as of the end of the first quarter of 2025. What Happened: The hedge fund, with Ackman as its CEO, had 11 holdings as of...

Wedbush analyst Dan Ives has reiterated his bullish stance on Tesla Inc. (NASDAQ:TSLA), positioning it as one of the premier investments in the field of physical AI. What Happened: Ives, known for his insights into the technology sector, forecasts a staggering $2 trillion valuation for Tesla,...

Dan Ives‘ new artificial intelligence exchange-traded fund (ETF) holds securities beyond the Magnificent 7 stocks, as he believes in looking past valuations for investments in the technology sector. What Happened: The Dan IVES Wedbush AI Revolution ETF (NYSE:IVES), managed by the Wedbush...

Latest 13F filings reveal that the first quarter of 2025 saw institutional investors significantly retreating from the technology sector, indicating a notable shift away from the Magnificent 7 stocks that have long led market gains. What Happened: Institutional managers collectively shed 8.4...