Today: 9 November 2025
Subscribe
Browse Category

Technology News 24 October 2025

Broadcom’s AI Windfall: Inside AVGO’s Trillion-Dollar Surge, $10B Chip Deal & 2025 Outlook

Broadcom (AVGO) Stock Skyrockets on $10B OpenAI AI Chip Deal — Are $450 Targets Next?

Broadcom’s stock has soared in recent days as the chipmaker emerges as a central player in the booming AI industry. On Friday, Oct. 24, the shares were trading in the mid-$350s – about double their level a year earlier – and were up around 3–4% on the day investing.com. The recent jump follows a series of bullish developments for AVGO. Notably, Broadcom announced an $10 billion AI chip deal with OpenAI on Oct. 13. Under this partnership, Broadcom will co-design 10 gigawatts of custom AI accelerator chips for OpenAI over the next few years ts2.tech. Investors cheered the news: the stock
24 October 2025
 ·  ·  ·  ·  · 
Apple Stock Hits New Heights: iPhone 17 Supercycle, Analyst Split, and 2025 Outlook Revealed

Apple (AAPL) Stock Rockets to Record High on iPhone 17 Hype — What’s Next?

Near-Term Move: Riding the Rally Apple shares have been volatile but are trading very near record levels. On Oct. 20, investors bid the stock up sharply – by the close it was ~$262 (intraday as high as ~$264) ts2.tech. Since then the stock has pulled back a bit to the high-$250s. By the end of Oct. 23, AAPL was around $259.58 marketbeat.com (up only a few cents on the week). For context, Apple’s stock is up only a few percent in 2025, far less than peer tech giants (e.g. Nvidia +35%, Microsoft +23% YTD ts2.tech). That modest gain reflects Apple’s already lofty
24 October 2025
 ·  ·  ·  ·  · 
MultiSensor AI Stock’s Wild Ride: +42% Rally on Major Deal, –50% Crash After $14M Funding

MultiSensor AI Stock’s Wild Ride: +42% Rally on Major Deal, –50% Crash After $14M Funding

MultiSensor AI (NASDAQ: MSAI) – Shares skyrocketed in late October 2025 and then plunged, reflecting news-driven swings. On Oct. 23 the stock jumped (roughly +42–100%) after the company announced a major U.S. deployment deal ts2.tech. By Oct. 24 it fell nearly 50% when MSAI revealed a $14 million private share placement at $0.409 per share newsfilecorp.com reuters.com. As of Oct. 24 midday, MSAI trades near $0.73 reuters.com (down ~47% on the day and about 32% below its price a year ago tipranks.com). Key fundamentals are modest: full-year 2024 revenue was $7.4 M (2023: $5.4 M) with a net loss of $21.5 M ts2.tech. Q2
24 October 2025
 ·  ·  ·  ·  · 
Billionaire Larry Ellison’s Fortune Plummets: Oracle Share Slump Wipes Out $24B

Billionaire Larry Ellison’s Fortune Plummets: Oracle Share Slump Wipes Out $24B

Stock Slide Hits Ellison’s Fortune Oracle’s spectacular AI-driven rally has turned choppy in recent days. After rocketing to all-time highs in September (briefly valuing Ellison’s stake at ~$393 B) reuters.com, profit-taking set in. The stock plunged about 7% on Oct. 17 (wiping ~$24B off Ellison’s wealth) and sank nearly 5% on Oct. 20 (erasing another ~$14B) financialexpress.com financialexpress.com. The selloff reflects a shift from “euphoria to caution,” as investors booked gains after Oracle’s string of AI contract announcements. By Oct. 23, ORCL closed around $280 ts2.tech – still roughly 70% above its January price, but down from its Sept. peak (~$345). Market watchers describe
24 October 2025
 ·  ·  ·  ·  · 
Microsoft Stock Soars on AI and Cloud Frenzy – Analysts Eye $600+ Price Targets

Microsoft Stock Soars on AI and Cloud Frenzy – Analysts Eye $600+ Price Targets

Cloud and AI Drive Momentum Microsoft’s Azure cloud has been the standout. In FY2025 Azure revenue surpassed $75B, growing ~34% ts2.tech ts2.tech. Analysts note Azure continues to accelerate: in Q4 it was up ~39%, handily beating AWS and Google Cloud ts2.tech. That dominance is a key reason for the stock’s rally. As TechStock² (TS2.Tech) reports, Wall Street “still sees $600–$650 [over 12 months]” for MSFT ts2.tech. Indeed, banks like UBS and Bank of America recently reiterated Buy ratings and raised targets to ~$650 and $640, respectively insidermonkey.com ts2.tech. UBS “highlighted accelerating Azure growth trends” in its $650 target insidermonkey.com, and
24 October 2025
 ·  ·  ·  ·  · 
AMD Stock Skyrockets on AI Mega-Deals – Is $300 Next?

AMD Stock Skyrockets on AI Mega-Deals – Is $300 Next?

In summary, AMD’s recent AI-driven surge has been fueled by heavyweight partnerships and robust demand, earning plaudits from executives and analysts alike. But the stock now sits at lofty valuations. Investors will be watching closely whether AMD can translate its new AI wins into sustained growth – success could justify prices well above today’s $235, while any misstep might curb the rally. As one analyst quipped, AMD is striving to be the “open, secure, and scalable” AI platform versus Nvidia’s closed box ts2.tech. Whether Wall Street’s bullish forecasts come true will depend on that bet paying off in the years
24 October 2025
 ·  ·  ·  ·  · 
Palantir-Lumen AI Deal Sparks Stock Rally – CEO Warns of “Arms Race”

Palantir-Lumen AI Deal Sparks Stock Rally – CEO Warns of “Arms Race”

Palantir and Lumen Forge a New AI Infrastructure Alliance On Oct. 23, Palantir Technologies and Lumen Technologies unveiled a “multi-year, multi-million-dollar” strategic partnership to fuse Palantir’s AI/data platform with Lumen’s high-speed networking. According to the official release, the alliance will help enterprises “deploy AI faster and more securely” by combining Palantir’s Foundry/AIP software with Lumen’s next-generation “Connectivity Fabric” businesswire.com. Bloomberg News had reported Lumen would spend over $200 million on Palantir software aimmediahouse.com reuters.com, making this one of Palantir’s largest commercial deals to date. In a joint Fox Business interview, Palantir CEO Alex Karp stressed the national security stakes: “We’re in
24 October 2025
 ·  ·  ·  ·  ·  · 
Nokia Stock Skyrockets on Major 5G Contracts – Analysts Eye Upside

Nokia Stock Skyrockets on 5G Contract Wins and Earnings Beat – Can the Rally Last?

Stock Price and Recent Performance Nokia’s stock (NYSE: NOK) has been on a tear in October, culminating in a sharp jump after its latest earnings. The U.S.-listed shares rallied over 10% in a single day on Oct. 23, surging to the mid-$6 range mexc.com. That price level hasn’t been seen since 2022, marking a multi-year high for the Finnish telecom giant. In Helsinki, Nokia’s share price similarly hit new highs above €5 mexc.com. This month-long uptrend was fueled by anticipation of strong results and a string of positive news. By mid-October, Nokia’s ADR had already climbed about 14% – touching ~$5.50
24 October 2025
 ·  ·  ·  ·  · 
Broadcom (AVGO) Stock Skyrockets on $10B OpenAI AI Chip Deal – Are $450 Price Targets Next?

Broadcom (AVGO) Stock Skyrockets on $10B OpenAI AI Chip Deal – Are $450 Price Targets Next?

OpenAI Partnership Fuels AI Chip Frenzy Broadcom’s recent stock rally has been led by blockbuster AI deals. The centerpiece is an OpenAI collaboration announced on Oct. 13, 2025: Broadcom will co-develop OpenAI’s first in-house AI processor. Under this agreement, Broadcom will design and deploy racks of custom AI accelerator chips (10 GW total) for OpenAI starting in late 2026 reuters.com. The scale is enormous – 10 GW is roughly the power used by 8 million U.S. homes – and signals Broadcom’s deepening role in the AI infrastructure race. OpenAI CEO Sam Altman praised the partnership as “a critical step in
24 October 2025
 ·  ·  ·  ·  · 
Supermicro Stock Plunges 8% After Revenue Forecast Cut – Is the AI Server Gold Rush Over?

Supermicro Stock Plunges 8% After Revenue Forecast Cut – Is the AI Server Gold Rush Over?

SMCI shares fell about 8% on Oct. 23 after Super Micro said Q1 (FY2026) revenue would be ~$5 billion, down from a prior $6–7 billion forecast ts2.tech. The company blamed “design win upgrades” and delivery schedule shifts on major AI server orders ts2.tech. Supermicro reaffirmed its full-year FY2026 revenue guide of ≥$33 billion ts2.tech. Despite the drop, SMCI stock is still up roughly 60–70% in 2025 reuters.com ts2.tech on surging AI demand. Major tech firms are projected to spend ~$400 billion on AI infrastructure in 2025 reuters.com, underscoring continued tailwinds. Analysts are split: some (e.g. Needham) remain bullish (Buy, $60 target ts2.tech), while others
24 October 2025
 ·  ·  ·  ·  ·  ·  · 
WGRX Stock Soars on Blockchain Deal as Wellgistics Health Eyes Pharma Disruption

WGRX Stock Soars on Blockchain Deal as Wellgistics Health Eyes Pharma Disruption

Stock Price Rally Powered by Tech Tie-Up Wellgistics Health’s stock price is on a tear after embracing blockchain technology. The tiny healthcare logistics firm saw its shares surge from about $0.40 to the mid-$0.70s overnight on news of a cutting-edge partnership. In after-hours trading late Thursday, WGRX jumped 87.9%, nearly doubling in value benzinga.com. The stock is now trading around $0.73–$0.76 in pre-market action Friday morning stockanalysis.com – a dramatic move for a company that just days ago was flirting with all-time lows. This spike came on the heels of positive news: Wellgistics announced it signed a letter of intent
24 October 2025
 ·  ·  ·  · 
IT Crash at Alaska Airlines: All Flights Grounded, Hundreds Canceled

IT Crash at Alaska Airlines: All Flights Grounded, Hundreds Canceled

Outage Timeline and Airline Response On Thursday afternoon (Oct. 23), Alaska Airlines reported a “significant IT outage” at its Seattle-area data center news.alaskaair.com. Soon after 3:30 pm Pacific, the airline imposed a system-wide ground stop on all Alaska and Horizon flights news.alaskaair.com. (Hawaiian Airlines flights were not halted.) By 11:30 pm PT the carrier announced the ground stop was lifted and flights were resuming news.alaskaair.com. In a midnight Pacific statement, Alaska said it was “working to get our operations back on track as quickly and safely as possible” news.alaskaair.com. Alaska urged passengers to check flight status before going to airports and noted it
24 October 2025
 ·  ·  ·  ·  · 
1 … 12 13 14 15 16 … 90
Go toTop