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Akamai Technologies (NASDAQ:AKAM) shares advanced sharply, recovering a large portion of the prior session's decline that followed an analyst downgrade tied to cloud margin pressure and heavy capital expenditure plans. Akamai is a cloud computing, cybersecurity, and content delivery provider that operates one of …
Ambarella (NASDAQ:AMBA) shares jumped after an unverified report, relayed by market traders, suggested the fabless semiconductor company may be working with financial advisers on a possible sale. The report named Qualcomm (NASDAQ:QCOM) as a potential acquirer, while also referencing earlier talks involving NXP Semiconductors …
Archer Aviation (NYSE:ACHR) shares advanced after Barclays upgraded the stock to Overweight from Equal Weight and lifted its price target to $8 from $4.50. The firm pointed to renewed investor buying this week and favorable positioning in defense technology as key drivers behind the …
AT&T (NYSE:T) shares slid sharply after SpaceX agreed to acquire a nationwide low-band spectrum portfolio for roughly $8 billion, pending regulatory approval, in a deal Elon Musk said would help the company offer nationwide wireless coverage through its Starlink Mobile service. AT&T is a …
Boost Run (NASDAQ:BRUN) shares advanced sharply after the company announced a five-year AI cloud services agreement valued at $525.6 million with a sovereign AI customer. The deal will see Boost Run deliver GPU compute capacity, along with network storage and CPU node services, with …
Ciena (NYSE:CIEN) shares jumped as optical and AI-networking stocks staged a broad recovery following a tech-sector pullback earlier in the week. The rebound tracked fresh commentary from industry participants pointing to strongDemandfor connectivity tied to AI chip deployment, with some componentSupplydescribed as fully booked …
DigitalOcean Holdings (NYSE:DOCN) shares climbed sharply as AI-linked and broader technology stocks recovered from Thursday's selloff, which had been triggered by a report suggesting a major AI company's annualizedRevenuefell short of previously circulated figures. DigitalOcean is aCloud Computingcompany that provides a simplified, developer-friendly platform …
Fastly (NASDAQ:FSLY) shares surged after Oppenheimer upgraded the stock to Outperform from Perform and set a $35 price target. The firm pointed to stronger contract values, continued cross-sell of security products, and early signs of monetization from agentic AI-driven internet traffic as key factors …
Joby Aviation (NYSE:JOBY) shares tumbled to a fresh 52-week low after Barclays downgraded the stock to Underweight from Equal Weight and lowered its price target to $4 from $6. The firm pointed to competitive positioning within the electric vertical takeoff and landing market, questions …
Mobix Labs (NASDAQ:MOBX) shares declined sharply as investors digested details from the company's investor update call on its expansion into rare earth and critical minerals markets. Mobix Labs is a fabless semiconductor company that designs and sells advanced wireless and wired connectivity solutions, including …
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