Tech Stock News
Sunday, August 23, 2026
Abbott Pauses Texas Data Center Approvals, Citing Power and Water Strain
Governor Greg Abbott paused approvals for new Texas data centers pending comprehensive resource audits. Abbott stated the industry dug its own grave by...
Global AI Chip Power Demand Projected to Reach 315 Gigawatts by 2033
Global electricity consumption driven by artificial intelligence chips is forecast to reach approximately 315 gigawatts by 2033. This projected total...
Cantillon Capital Nearly Exits Analog Devices, Selling 95% of its Long-Held Stake
In a significant shift, William Von Mueffling's Cantillon Capital Management dramatically reduced its stake in semiconductor company Analog Devices (ADI) by...
Stephen Mandel's Lone Pine Capital Exits Ciena Position
In a significant portfolio shift, Stephen Mandel's Lone Pine Capital completely sold off its stake in optical networking firm Ciena Corp. during the second...
Anthropic's Flagship AI Model 'Fable 5' Sees Slow Adoption as Customers Opt for Cheaper Alternatives
Samsung's Next-Gen Exynos 2700 Chip Reportedly Outperforms Qualcomm's in Early Tests
US Waives Tariffs on Beef Imports to Cut Prices
Other News
Stephen Mandel's Lone Pine drastically cuts stake in Taiwan Semiconductor (TSM)
Davis Advisors slashes Applied Materials stake by 91%, harvesting gains
Whale Rock Capital reveals new $757M stake in Astera Labs
Viking Global Exits Alphabet (GOOGL) Stake
Pzena Investment Management Slashes Nokia (NOK) Stake by 92%
Viking Global exits T-Mobile stake valued at over $623M
Viking Global Exits Apple, Sells $912M Stake
Lone Pine Capital Exits $580M Stake in Talen Energy
Stephen Mandel's Lone Pine Capital Discloses New $873.19M Stake in Applied Materials
Cantillon Capital slashes Broadcom stake by 95% in Q2
Cantillon Capital slashes TSM stake by 95% amid broader portfolio reduction
Cantillon Capital Reduces Applied Materials Stake by 97%
Cantillon Capital Slashes Alphabet (GOOGL) Stake by 95%
Brad Gerstner's Altimeter Capital discloses new $1.60B stake in AI chipmaker Cerebras
David Tepper's Appaloosa Initiates $57M Stake in Broadcom (AVGO)
Stephen Mandel's Lone Pine Capital Exits $930M Vistra Corp Stake
Stephen Mandel's Lone Pine Reveals $512M Stake in TTM Technologies
Terry Smith's Fundsmith Reduces Texas Instruments Stake by 31%
Chuck Akre's Akre Capital Boosts ServiceNow (NOW) Stake by 14%
David Tepper's Appaloosa initiates a new $107.33M stake in AI cloud company CoreWeave (CRWV)
Activist Elliott Management Discloses New $101.48M Stake in Synopsys
Terry Smith's Fundsmith starts $359M position in AppLovin amid strategy shift
Terry Smith's Fundsmith Initiates New $145M Stake in Veeva Systems
Terry Smith's Fundsmith Initiates a New $481.50M Position in GE Vernova (GEV)
David Tepper's Appaloosa nearly doubles Baidu stake, refocusing China bet on AI
David Tepper's Appaloosa Boosts Meta Platforms Stake by 55%
Terry Smith's Fundsmith slashes Alphabet stake by 40%
Chris Hohn's TCI Fund boosts Alphabet (GOOG) stake by 12% to $3.5B
Xpeng Inc Q2 2026 Earnings Preview: What Analysts Expect on August 24, 2026
ValueAct Capital Slashes Roblox (RBLX) Stake by 46%
Tuya Inc Q2 2026 Earnings Preview: What Analysts Expect on August 24, 2026
Jensen Trims Big Tech, Boosts KLA Stake in Quality-Focused Q2 Shuffle
Steve Cohen's Point72 Exits $53M Position in Utility Emera Inc.
Steve Cohen's Point72 drastically cuts stake in Western Digital (WDC)