Technology

MicroAlgo Inc. (NASDAQ:MLGO) stock has recorded a 3% increase in pre-market after the company’s recent developments in quantum algorithms. What Happened: On Thursday, MicroAlgo, a company focused on developing and applying central processing algorithms, surged to $0.79 during pre-market...

Pershing Square Capital Management, L.P., founded and led by the billionaire Bill Ackman, has a portfolio valued at $11.930 billion, which is concentrated in these four stocks as of the end of the first quarter of 2025. What Happened: The hedge fund, with Ackman as its CEO, had 11 holdings as of...

Wedbush analyst Dan Ives has reiterated his bullish stance on Tesla Inc. (NASDAQ:TSLA), positioning it as one of the premier investments in the field of physical AI. What Happened: Ives, known for his insights into the technology sector, forecasts a staggering $2 trillion valuation for Tesla,...

Dan Ives‘ new artificial intelligence exchange-traded fund (ETF) holds securities beyond the Magnificent 7 stocks, as he believes in looking past valuations for investments in the technology sector. What Happened: The Dan IVES Wedbush AI Revolution ETF (NYSE:IVES), managed by the Wedbush...

Latest 13F filings reveal that the first quarter of 2025 saw institutional investors significantly retreating from the technology sector, indicating a notable shift away from the Magnificent 7 stocks that have long led market gains. What Happened: Institutional managers collectively shed 8.4...

As the Nasdaq 100 index is nearly 2% away from its all-time high, analysis suggests that it’s “easier to digest” the index’s premium valuation given the growth optimism for 2025 and 2026. What Happened: According to Adam Turnquist, the chief technical strategist at LPL...

While still in its early stages, quantum computing is a major focus for a few pure-play companies, along with technology giants alike. Here is a breakdown of quantum computing-focused companies that investors could consider as the technology evolves. What Happened: The key difference between the...

Chamath Palihapitiya has weighed in on the implications of Swedish buy now, pay later firm Klarna significantly scaling back its reliance on artificial intelligence for customer service, suggesting it could signal a broader challenge for AI-first startups. What Happened: Palihapitiya took to social...

In a surprising move, President Donald Trump has exempted a range of technology products, including some consumer electronics produced in China, from reciprocal tariffs. What Happened: On late Friday, the Trump administration published a list of exclusions through the U.S. Customs and Border...

Top U.S. technology multinationals, which have been the biggest beneficiaries of globalization, come to the fore as tariffs could heavily impact the cost of the goods sold by these firms. What Happened: The data shared by Gina Martin Adams, the chief equity strategist and global director of equity...

Technology companies using a subscription-based business model are more likely to weather economic uncertainty amid the ongoing big-tech selloff, according to CNBC’s Jim Cramer. The charts of both Netflix Inc. (NASDAQ:NFLX) and Spotify Technology SA (NYSE:SPOT) showcase a bullish trend based...

Institutional investors were bullish on technology and financials during the fourth quarter of 2024 as these sectors saw major inflows, according to 13F filings with the Securities Exchange Commission (SEC). Investors were seen pulling back from the healthcare sector. What Happened: 13F filings are...

US Commerce Secretary Howard Lutnick‘s hedge fund Cantor Fitzgerald LP increased the firm’s exposure to Bitcoin (CRYPTO: BTC) and Chinese technology companies during the fourth quarter of 2024, when Donald Trump was reelected as the President. What Happened: Lutnick is the chairman and...

Cisco Systems Inc. (NASDAQ:CSCO) exceeded analyst expectations for the second quarter that ended on Jan. 25 and raked over $700 million in artificial intelligence orders in the six months. Massive demand from web-scale clients and inference potential were the central themes that are expected to...

After SoundHound AI’s (NASDAQ:SOUN) breakthrough in 2024, Benzinga caught up with CEO Keyvan Mohajer to discuss the company’s success, artificial intelligence and plans for the future. Benzinga: SoundHound is closing the year in the headlines after being a relatively overlooked company...