technology News
Tech sector plunges 2% on AI boom sustainability fears
Cisco's worst day since 2022 and Apple's $200bn market cap loss lead sector-wide sell-off
Procore delivers record $90M free cash flow, AI strategy builds momentum
Construction software platform highlights artificial intelligence as next growth driver following Datagrid acquisition
Applied Materials beats earnings, eyes 20% growth on AI boom
Semiconductor equipment maker delivers strong Q2 guidance as computing infrastructure spending accelerates
IPG Photonics surges 31% on earnings beat, $100M buyback
Laser maker delivers 156% EPS surprise as materials processing demand rebounds
Nvidia gains from Samsung HBM4 milestone
Memory breakthrough validates 2026 Vera Rubin AI platform launch
Diodes surges 25% on strong Q4, bullish AI-driven outlook
Semiconductor maker delivers double-digit growth and sets $2B revenue target for 2026
Vertiv surges on record backlog as AI data center demand powers earnings
Critical infrastructure provider raises 2026 outlook after orders triple and backlog hits $15 billion
Freshworks beats Q4 estimates but growth deceleration looms
Cloud software company forecasts slower 13.5-14.5% revenue growth for 2026 after strong 16% expansion in 2025