Technology News
Rashi Peripherals Eyes 25-30% Annual Revenue Growth in Higher-Margin VDA Business After Acquisition
Rashi Peripherals acquired a VDA business with Rs 850 crore revenue and 25-30% projected annual growth, pivoting toward higher-margin technology services distribution from thin-margin commodity hardware.
Jun 25, 2026
SemiconductorsCredo Technology Hits All-Time High Led by Bullish Analyst Reports in AI Data Center Connectivity Surge
Credo Technology (CRDO) surged to an all-time high Monday, leading semiconductor stocks as multiple bullish analyst reports highlighted AI data center connectivity positioning during a broader tech sector pullback.
Jun 23, 2026
IndiaAccenture Shares Plunge 20% as AI Bookings Disappoint, Investor Skepticism Mounts
Accenture's shares plunged nearly 20% after its fiscal third-quarter results revealed weaker-than-expected bookings and a softer outlook. CEO Julie Sweet insists the current phase reflects a multi-year AI transformation cycle.
Jun 20, 2026
๐บ๐ธ United StatesSuper Micro Computer Shows Strong Bullish Options Activity Amid Ongoing AI Server Momentum
Super Micro Computer (SMCI) saw significant bullish options activity, reflecting trader positioning for upside as the AI server manufacturer continues to benefit from hyperscaler demand for high-density compute infrastructure.
Jun 19, 2026
๐บ๐ธ United StatesIntel Stock Surges Over 10% on Apple Collaboration as Foundry Strategy Gets Major Validation
Intel (INTC) shares surged more than 10% after the company announced a collaboration with Apple, providing significant validation for Intel's foundry services strategy and representing a dramatic shift in the relationship between the two tech giants.
Jun 19, 2026
๐บ๐ธ United StatesAccenture Stock Drops Up to 20% After Q3 Revenue Miss, Marking Sharpest Single-Day Decline in Years
Accenture (ACN) shares fell as much as 20% in extended trading after Q3 revenues missed analyst estimates, deepening a year-long correction that has wiped half the stock's value as enterprise IT consulting demand shifts toward AI-driven automation.
Jun 19, 2026
๐ GlobalIntel Surges Over 10% on Apple Collaboration Deal, Marking a Pivotal Strategic Shift
Intel stock surged more than 10% after announcing a collaboration deal with Apple, marking a potential turning point for a company that has faced years of competitive pressure from Apple's proprietary silicon chips.
Jun 19, 2026
๐บ๐ธ United StatesSpaceX Surpasses Taiwan Semiconductor to Become World's 6th Most Valuable Company
SpaceX has surpassed Taiwan Semiconductor Manufacturing Company (TSMC) in market capitalization to claim the position of the world's sixth most valuable company, underscoring the extraordinary valuation premium investors are assigning to private space and satellite businesses.
Jun 19, 2026
๐ฎ๐ณ IndiaAccenture Shares Plunge 19% on Weak Revenue Forecast as 2026 Stock Rout Deepens to 50%
Accenture (ACN) shares fell sharply on a weak revenue forecast, extending a year-to-date decline that now exceeds 50%, as IT consulting demand softness and cautious enterprise technology spending continue to weigh on the stock.
Jun 19, 2026
๐บ๐ธ United StatesButterfly Network Responds to Midjourney Medical's AI Imaging Challenge as Medical Ultrasound Race Intensifies
Butterfly Network (BFLY) commented on Midjourney Medical's AI-driven medical imaging innovations, signaling heightened competitive awareness as AI disruption reshapes the portable ultrasound and diagnostic imaging markets.
Jun 19, 2026
๐บ๐ธ United StatesAnalysts Raise Micron Technology Price Targets as AI Memory Demand Fuels Stock Rally
Wall Street analysts boosted price targets for Micron Technology (MU) as AI-driven demand for high-bandwidth memory continues to underpin the stock's upward momentum.
Jun 19, 2026
๐บ๐ธ United StatesAsian Hedge Funds Surge on AI Investment Wave in H1 2026
Asian hedge funds post exceptional H1 returns driven by concentrated AI and technology exposure
Jun 15, 2026
NvidiaNvidia Eyes a New Multibillion-Dollar Market in H2 2026 as AI Dominance Deepens
Nvidia is forecast to enter an additional multibillion-dollar addressable market in the second half of 2026.
Jun 14, 2026
TechnologyAI Stock Investors Warned to Diversify as Analysts Question Sustainability of Recent AI Sector Growth
Analysts at Nasdaq and Motley Fool warn AI stock investors to diversify as hyperscaler capex spending has yet to translate into proportional revenue gains, raising valuation sustainability questions.
Jun 8, 2026
TechnologyTech Stocks Plunge in Nasdaq Decline; Samsung (SSNLF) and TSMC Among Hardest-Hit Asia Names
Nasdaq fell broadly as Samsung (SSNLF) and TSMC (TSM) led Asia tech losses in a rate-driven selloff unwinding AI-fueled valuation gains.
Jun 8, 2026
Technology Sector Analysis: AI Infrastructure Spending Drives Divergence as Software Multiples Compress Under 4.32% Yields
Tech underperforms defensives as rate pressure weighs on software valuations while AI infrastructure beneficiaries sustain momentum.
Apr 23, 2026
Amazon AWS Growth Rebounds to 21% as Enterprise AI Workloads Surge
Amazon Web Services returned to accelerating growth in Q1, with AI-related services now representing a multi-billion dollar annual revenue run rate.
Apr 22, 2025
Microsoft Cloud Revenue Hits Record $35B as AI Copilot Drives Enterprise Adoption
Microsoft crushed Q3 estimates with Intelligent Cloud growing 21% to $35.1B. Azure AI services are now the fastest-growing segment in the company's history.
Apr 22, 2025
Apple Q2 2025 Earnings Preview: Services Revenue in Focus as iPhone Cycle Matures
Apple reports Tuesday after the bell. Wall Street expects EPS of $1.62 on revenue of $94.2B, with Services growth the key metric to watch.
Apr 22, 2025