technology News
Toast Shares Climb on Global Partnership with Uber Eats
The deal integrates Uber's delivery network directly into Toast's restaurant POS system, aiming to streamline operations and boost online sales for clients.
MongoDB Surges as Upbeat Guidance Accompanies CEO Transition
Shares climb as the database software company raises Q3 forecasts and appoints former Cloudflare COO Chirantan "CJ" Desai to top job, signaling a focus on continued cloud and AI growth.
Palantir's $10B Army Deal Faces Scrutiny Over Initial Funding
Investors reassess near-term revenue as reports clarify only a fraction of the landmark contract is currently obligated, pushing significant inflows to 2026.
Amazon Hits Record High on $38 Billion OpenAI Cloud Deal
AWS secures massive AI contract, signaling a strategic multi-cloud approach for OpenAI and intensifying the cloud computing arms race with Microsoft.
Cisco Targets Enterprise Edge With New On-Premise AI Server Rack
Networking giant's stock rises on new hardware designed to run AI applications in retail and factory locations, capitalizing on the shift to edge computing.
Nvidia Shares Climb on US Approval of AI Chip Exports to UAE
Microsoft secures license to send advanced GPUs, including H100 and GB300 series, to Abu Dhabi's G42, signaling a key strategic win amid global tech tensions.
Adeia Sues AMD, Sparking Stock Surge on Patent Claims
IP licensing firm alleges infringement on ten key semiconductor patents, pitting the $1.86 billion company against the $416 billion chip giant.
AMD Faces New Patent Lawsuit From Adeia Over Chip Technology
Intellectual property firm Adeia alleges infringement on 10 patents related to advanced semiconductor manufacturing, adding a new legal challenge for the chipmaker.