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Technology News 23 October 2025

Impinj (PI) Stock Skyrockets on RFID Boom: Near Record High as Analysts Boost Targets

Impinj (PI) Stock Skyrockets on RFID Boom: Near Record High as Analysts Boost Targets

Stock Soars on RFID Hopes Impinj stock skyrocketed on Thursday, Oct. 23, jumping roughly 15–18% by midday to an intraday high around $232.29ainvest.com. This surge brought the Seattle-based tech company’s shares within a hair of their all-time peak ($234+), extending a remarkable rally in recent months. Impinj – a leading provider of RAIN RFID solutions for connecting everyday items to the internet – has seen its stock price more than double since the summer, buoyed by accelerating demand for its wireless tracking chips and tags. The one-year chart tells a volatile tale: after touching a low of about $60 late
23 October 2025
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Nokia Stock Skyrockets on Major 5G Contracts – Analysts Eye Upside

Nokia Stock Soars on 5G Deals and Earnings Beat, Hitting Multi-Year High

Nokia Oyj’s stock surged on Thursday, October 23, 2025, propelled by strong quarterly results and a flurry of 5G contract wins. The Finnish telecom equipment maker’s New York–listed shares jumped sharply as investors digested better-than-expected earnings and optimistic signals about future growth. Below are the key facts and analysis of Nokia’s recent performance: Shares Jump on Earnings Beat and Improved Outlook Investors cheered Nokia’s third-quarter 2025 earnings report, which handily beat market expectations. The company’s comparable operating profit for Q3 came in at €435 million, far above analyst forecasts of roughly €340 millionm.economictimes.com. Revenue likewise rose to €4.83 billion, about 12% higher than
23 October 2025
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Oracle Stock Surges on $300B AI Cloud Deal – Is a Trillion-Dollar Valuation Next?

Oracle Stock Skyrockets on $300B AI Cloud Deal — Wall Street Eyes $400 Upside

Oracle’s recent moves – mega cloud contracts, ambitious AI plans, and heavy capex – have re-ignited its growth story, but they also raise big questions. The company is counting on a boom in AI demand (from OpenAI and others) to fuel revenue growth and justify its high valuationts2.techts2.tech. In the short term, technical traders point to support around the high-$270s and resistance near $300. Option-market indicators even suggest ORCL could revisit ~$354 by year-end (an ~18% rise) if the bull case prevailswebull.com. Conversely, a failure to deliver on its promises could send ORCL back toward the $270s or lowerwebull.com. In
23 October 2025
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Microsoft (MSFT) Stock Update & Insight Report – 2 Oct 2025

Microsoft Stock Soars on AI and Cloud Buzz – Will $520 Rally Hit $600?

Stock Performance and Market Snapshot MSFT stock has hit fresh highs amid the AI and cloud craze. On Oct. 23, 2025 it was trading around $521–523stocktitan.net, up over 0.5% on the day. Year-to-date, Microsoft is up roughly 25%nasdaq.com (compare to mid-single-digit gains for many peers). Its market cap is now about $3.8 trillionstocktitan.net, making it the second-largest U.S. company. Analysts note the stock’s price-to-earnings (forward) is near 28×ts2.tech, which is high but justified by double-digit earnings growth forecasts and a growing dividend. MSFT’s recent price strength reflects broad fundamentals. A TS2.tech analysis observes “Microsoft is firing on multiple cylinders” with broad-based gains
23 October 2025
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Meta’s $1.5B AI Hiring Spree: Will Zuckerberg’s Talent Grab Send META Stock Soaring & Shake Up Apple’s XR Plans?

Meta (META) Stock Surges on Massive AI Bets – Can the Rally Last?

Key Facts: Meta shares trade around $730–$740 in late Oct 2025stockinvest.us, near all-time highs (≈$789 in August)ts2.tech. The stock is up roughly 25% year-to-datets2.tech, well above the broader market. In Q2 2025 Meta reported $47.52B revenue (+22% YoY) and $18.34B net incomets2.tech, beating estimates. Management guided Q3 revenue to $47.5–50.5B (≈+20% YoY)ts2.tech (analysts expect ≈$49.4Big.com). Wall Street is broadly bullish – ~85% of covering analysts rate META a Buy/Strong Buyts2.tech, with 12‑month targets averaging around $825ts2.tech (some as high as $900+). Major recent developments include a $27–30B Louisiana data-center joint venture (Meta keeps 20% ownership)bloomberg.com, the announced purchase of AI
23 October 2025
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Apple Stock Could Explode After New AI Chip Launch and iPhone 17 “Supercycle,” Analysts Say

Apple Stock Soars on iPhone 17 Buzz – Record Highs and $300 Price Targets in Sight?

Apple shares have hit new highs on strong iPhone 17 demand and solid earnings. Reuters reports the stock jumped over 4% to about $262.90 on Oct 20, giving Apple a ~$3.9 trillion valuationreuters.com. By Oct 22 it was trading near $258, roughly 5% above its early 2025 levelreuters.com. Investors note that Apple has largely outperformed a sluggish broader market: year-to-date Apple is slightly up, whereas many tech peers rallied even more aggressivelyts2.tech. In the past few weeks AAPL has been consolidating in the $255–$263 range, awaiting the Q4 earnings report (due Oct 30) and digesting recent product newsts2.techreuters.com. Technical analysts say the stock remains
23 October 2025
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Broadcom’s $10B AI Deal Sparks 90% Rally – What’s Next for AVGO Stock?

Broadcom (AVGO) Stock Skyrockets on $10B OpenAI AI Chip Deal – Analysts Target $460

In sum, Broadcom’s story is clear: a blockbuster AI partnership (OpenAI) and new AI product launches have turbocharged expectations. Wall Street’s upgraded price targets reflect this, with many analysts now modeling Broadcom as a major AI infrastructure winnerts2.techmarketbeat.com. As TS2.Tech puts it, Broadcom’s perceived central role in the AI boom has led to “outsized returns”ts2.tech. General investors should note the optimism – but also the sky-high bar. Even with consensus targets around $370–380, many eyes are on whether Broadcom can keep exceeding lofty growth forecasts. Sources: Contemporary financial news and analysis from Reuters, MarketBeat, TS2.Tech and other credible mediats2.techmarketbeat.comreuters.comsiliconangle.com. These
23 October 2025
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“AI Boom” Pushes Monolithic Power (MPWR) Stock to Record High – Is the Rally Just Beginning?

“AI Boom” Pushes Monolithic Power (MPWR) Stock to Record High – Is the Rally Just Beginning?

Stock Rally on Oct. 23, 2025 On Thursday the market really took notice. MPWR stock climbed sharply after midday – driven by a published analyst upgrade – and hit $1,045.01, a fresh 52-week highmarkets.chroniclejournal.com. (Earlier that day it had closed around $1,001markets.chroniclejournal.com.) In fact, MarketBeat reports MPWR traded “as high as $1,045.01” on Oct. 23marketbeat.com. By comparison, the stock opened the year near $620, so the YTD run is roughly +70%. The spike coincided with KeyBanc/KeyCorp raising its price target (details below). Volume that day was heavy, reflecting a rush of buyers. By late afternoon MPWR was trading around $1,040–$1,050 – well
23 October 2025
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Western Digital (WDC) Stock Soars in 2025: SanDisk Legacy & 2026 Outlook

Western Digital Stock Rockets on AI Data Boom — Analysts Eye Even Bigger Gains

Western Digital’s stock has been on a tear, climbing sharply in mid-October. On Oct. 23 it closed at $126.63, up 5.1% for the dayinvesting.com, and roughly double its price at the start of 2025ts2.tech. The rally reflects strong industry demand: Western Digital says the exploding need for AI and cloud storage is driving customers to hoard high-capacity hard drives. In fact, the company announced in mid-October that it will raise prices across its HDD product line to manage “booming demand”investopedia.com. CEO Irving Tan and other executives have repeatedly stressed that “HDDs will continue to remain the foundation of the world’s
23 October 2025
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Rivian Slashes 600 Jobs as EV Demand Slumps – Stock Hits & Experts Sound Alarm

Rivian Slashes 600 Jobs as EV Demand Slumps – Stock Hits & Experts Sound Alarm

Rivian Cuts 600 Jobs Amid EV Slowdown Rivian Automotive confirmed plans to lay off around 600 employees as it grapples with a slowdown in electric vehicle demand reuters.com. The cuts represent roughly 4% of Rivian’s workforce and predominantly affect its commercial teams, including sales and service staff stocktwits.com. This move marks Rivian’s second round of layoffs in as many months, following a smaller 1.5% staff cut in September. According to The Wall Street Journal (which first reported the news), the company is trimming headcount to reduce costs and “align resources” with a more cautious market outlook. These layoffs underscore how
23 October 2025
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Quantum Leap: D-Wave (QBTS) Stock Skyrockets 2000% Amid Fed Rate Cuts and AI-Fueled Quantum Breakthroughs

Quantum Gold Rush: D-Wave (QBTS) Stock Rockets 3000% This Year – Government Funding News Fuels Wild Swings

Stock Performance & Volatility D-Wave’s stock story in 2025 has been nothing short of dramatic. After languishing near $1 in late 2024, QBTS entered 2025 on a tear. By early October it had more than tripled on the year, and on Oct. 15 it briefly hit $46.75 – an astonishing jump of roughly 3,000% from a year priorts2.tech. However, the post-peak price action has been a roller coaster. In the days following Oct. 15, QBTS tumbled: it fell ~35% from its high to close around $27.29 on Oct. 22ts2.tech. On Oct. 21 it fell ~6%, then another ~15% on Oct.
23 October 2025
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Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

Alphabet Stock Nears Record Highs: AI Boom and Ad Recovery Power Google’s Rally

Alphabet Inc.’s Class A shares (NASDAQ: GOOGL) are trading near their highest levels in years. As of late Oct. 23, the stock hovers around $252, just below October’s intra-day high of ~$256ts2.tech. That puts Alphabet’s market value tantalizingly close to the $3 trillion milestonets2.techreuters.com – a club shared only by Apple and Microsoft. In fact, after shares hit a new record high in mid-September, Alphabet’s stock had already rallied over 32% year-to-datereuters.com. “Alphabet’s stock [is] flirting with record highs,” noted one analyst, as both technical trends and fundamentals improvets2.tech. Recent momentum has been fueled by several factors. First, Google’s artificial
23 October 2025
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Stock Market Today

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

7 February 2026
Seagate shares rose 5.9% to $429.32 Friday after Citigroup raised its price target to $480 and reiterated a buy rating. The gain ended a two-day slide but left the stock 6.6% below its Feb. 3 high. CEO Dave Mosley sold 20,000 shares on Feb. 2 under a pre-arranged plan, SEC filings show. U.S. jobs and inflation data next week are seen as key tests for tech stocks.
Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

7 February 2026
Cummins shares jumped 6.8% to $577.73 Friday, recovering from a nearly 9% post-earnings drop the day before. The company reported Q4 revenue up 1% to $8.54 billion, took a $218 million charge tied to its hydrogen business, and guided for 2026 EBITDA of 17–18% of sales. Demand for data center generators offset weakness in North American truck markets. Analyst reaction was mixed; Truist raised its price target.
Corning stock hits first record close since 2000 as jobs, CPI data loom

Corning stock hits first record close since 2000 as jobs, CPI data loom

7 February 2026
Corning shares surged 8.3% to $122.16 Friday, their highest close since the dot-com era, after Meta agreed to buy up to $6 billion in fiber-optic cables. The stock is up 40% since late 2025, fueled by strong first-quarter guidance and AI data-center demand. Insiders sold shares following the rally, SEC filings show. Investors await next week’s U.S. jobs and inflation data for rate signals.
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