Technology Sector - Page 6

162 articles

SpaceX Stock Slides Below IPO Price as Wall Street Splits

SpaceX shares have dropped more than 38% from their June peak, testing investor confidence as Wall Street analysts remain sharply divided on the company's long-term value and growth prospects

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Apple Stock Target Raised as Citi Sees Pricing Power in 2026

Citi has lifted its price target for Apple, citing the company's ability to grow market share and maintain strong margins despite a global memory chip shortage and higher device prices

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IBM Stock Plunge Sparks Selloff Across Software and Consulting Sector

IBM shares tumbled up to 23% after missing Wall Street's Q2 targets, triggering a wave of selling in software and consulting stocks as investors reassessed tech spending priorities amid hardware shortages

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Nvidia Faces Growth Questions as Morgan Stanley Stands Firm

Nvidia stock has lagged the semiconductor sector in 2026 despite surging AI demand and record earnings, as investors weigh whether the chipmaker can maintain its dominant position amid rising competition and shifting customer strategies

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TSMC's June Revenue Surge Signals AI Demand Is Overriding Seasonality

TSMC's June revenue broke a four-year seasonal pattern, rising 6.2% from May as AI chip demand keeps advanced production lines at full capacity. Investors are watching how this shift could affect margins, pricing, and future growth

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SK Hynix Stock Tumbles After Record U.S. IPO and Cramer's Signal

SK Hynix shares fell sharply just days after its historic $26.5 billion U.S. debut, raising questions about post-IPO volatility, analyst jitters, and what Jim Cramer's cryptic social media posts might mean for American investors watching the AI chip supply chain

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AI-Driven Layoffs Spark Backlash as Data Center Projects Stall

Major U.S. companies are citing AI as a key reason for job cuts, with nearly 40% of layoffs in May linked to automation. Community resistance to new data centers is rising, threatening the infrastructure behind AI growth

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Top Analyst Warns AMD Stock May Be Priced for Perfection

AMD’s rapid stock gains have outpaced the broader market, but a leading Wall Street analyst cautions that much of the company’s AI-driven upside may already be reflected in its valuation

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Remote Work Is Raising Unemployment for Young College Graduates

A new Federal Reserve Bank of New York study finds remote work is responsible for most of the rise in joblessness among recent college grads, as employers hesitate to hire and train inexperienced workers outside the office

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Apple Sues OpenAI Over Alleged Theft of Trade Secrets in AI Hardware

Apple has filed a lawsuit against OpenAI and two former employees, alleging the misappropriation of confidential technology to accelerate OpenAI’s push into AI hardware, raising new questions about competition and intellectual property in the sector

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Shopify Faces AI Shopping Shift as Bank of America Sees Upside

AI-powered shopping assistants are changing how consumers buy online, raising questions about Shopify’s future role. Bank of America sees opportunity, but risks remain as competition from Amazon and others intensifies ahead of Shopify’s next earnings report

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Bank of America Doubles Down on Meta Despite AI Spending Fears

Meta’s stock has lagged in 2026 as Wall Street debates the payoff of its massive AI infrastructure investments. Bank of America’s latest move signals renewed conviction, but investors face key milestones and risks in the months ahead

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