technology News
Ciena surges 3% as AI networking demand drives earnings beat, guidance raise
Communications equipment maker raises FY2026 outlook after cloud provider revenue jumps 76%
Palantir faces costly AI overhaul after Pentagon bans Anthropic
Defense contractor must replace Claude in $1.3B Maven system, creating months of disruption
Magnachip revenue misses 12% as margins collapse to 9.3%
Semiconductor maker's Q4 earnings beat expectations but gross margins halved sequentially, prompting 1.1% stock decline
Veeva beats earnings estimates, lifts FY27 guidance on AI momentum
Cloud software provider delivers 5.6% EPS beat and raises revenue outlook as AI agents gain traction
Hut 8 Surges 14% as Bitcoin Hits $74,000, Analyst Initiates Coverage
H.C. Wainwright sets $80 price target, citing $7B AI infrastructure deal with Fluidstack
nLight surges 6% on Baird's bullish $95 price target
Defense laser manufacturer sees 42% upside as aerospace contracts drive growth
Babcock & Wilcox surges 25% on $2.4B AI data center power deal
Design-build agreement with Applied Digital-backed Base Electron highlights growing energy demands of artificial intelligence infrastructure
Wix surges on $2B buyback as AI platform Base44 hits $100M ARR
Website builder announces $250M investment, beats earnings estimates despite revenue miss