Momentum Technologies

US growth stocks showed resilience even as Treasury yields surged, with investors also weighing President Trump's decision on Iran. Market watchers are watching whether rising borrowing costs can derail the momentum in high-valuation technology names, while geopolitical uncertainty around Iran adds another layer of caution to trading.

Union Finance Minister Nirmala Sitharaman addressed an IIT Madras dialogue in Bengaluru, making announcements on India's economic growth, technology development and support for startups. The finance ministry's press bureau released details of her remarks, which focused on policy measures aimed at strengthening the innovation ecosystem and sustaining India's growth momentum.

A US lawmaker says the commercialization of fusion energy will 'change everything,' arguing that bringing the technology to market would transform the global energy landscape. The comments add to growing political and industry momentum around fusion, which promises abundant carbon-free power but remains years away from widespread commercial deployment.

Mining giant Rio Tinto and Chinese steelmaker Shougang Group are testing carbon capture technology in China. The trial aims to cut emissions from steelmaking, one of the world's most carbon-intensive industries. The two companies have previously collaborated on low-carbon steel projects, and the latest effort signals continued momentum toward decarbonising heavy industry supply chains.

Onyx is pursuing a Hong Kong initial public offering at a time when its business of reselling chips is helping to offset sluggishness in its core operations. The listing plan comes amid renewed interest in Hong Kong's market for semiconductor and technology listings, with observers weighing whether chip resale momentum can sustain the company while its main business struggles.

Bloomberg Intelligence analysts argue Chinese technology stocks are trading well below global peers and need a fresh catalyst around artificial intelligence to narrow the valuation gap. Renewed optimism about China's AI capabilities and its tech sector's prospects has drawn investor attention to whether the market can re-rate.

Intel says its upcoming 14A process node will come within 5% of the performance of TSMC's competing A14 technology, a projection the company describes as conservative. The claim feeds an ongoing debate over whether Intel Foundry can close the gap with TSMC, with Intel pointing to frequency advantages of its 18A node as evidence of momentum. Industry watchers are weighing whether the forecast is credible given Intel's recent manufacturing struggles.

Insurance software startup Outmarket has raised $34.5 million, coming just months after its previous funding round. The rapid follow-on raise signals continued investor confidence in the company and the broader insurance technology sector, which has drawn strong backing as insurers modernise pricing and operations.

Bank of America has issued a fresh price target implying roughly 33% upside on a quantum computing stock that has been rallying sharply. The call adds to growing Wall Street attention on quantum computing names, which have surged on optimism about commercial progress in the technology. Investors are watching whether analyst endorsements can sustain momentum in the volatile sector.

Mike Khouw says the artificial intelligence trade faces a key test this week, and outlined his options strategy for positioning around it. Investors are watching whether AI-linked stocks can hold their momentum, with trading activity in the sector set to provide a gauge of market sentiment toward the technology rally.

Deutsche Bank has raised its price target for German space and technology group OHB to €300, with analysts pointing to defense-driven growth as the reason for the more optimistic outlook. The upgrade reflects growing investor interest in European defense and security-related space capabilities, a sector that has attracted rising attention as governments increase military and security spending.

Venture firm Benchmark has invested in Tendrils Compute, an early-stage startup working on computing technology, according to a scoop reported by Newcomer. The funding lands as investor interest in chip and compute startups continues to build, driven by demand for AI hardware. Details on the round size and valuation were not disclosed.

Swiss drugmaker Novartis has agreed to a licensing deal worth up to $7.8 billion with China's Abogen Biosciences to develop mRNA-based therapies. The agreement gives Novartis access to Abogen's mRNA technology, highlighting growing Western pharmaceutical interest in Chinese biotech assets and keeping momentum behind mRNA platforms beyond vaccines.

ElevenLabs, the AI voice startup, has doubled its valuation to $22 billion, according to TechCrunch. The funding milestone underlines continued investor appetite for voice AI technology, with the company among the most prominent players in synthetic speech and audio generation. Details on the round and investors were not included in the report summary.

Climate technology companies are shifting their business models and messaging, according to trade press coverage. The sector, which attracted large investments during the low-interest-rate boom, is now adjusting to tougher funding conditions, slower policy momentum and uneven commercial demand, with firms repositioning products and pivoting to more immediately profitable markets to survive.

Technology stocks pushed the Nasdaq higher even as the wider US market traded lower, highlighting a divergence between big tech names and the rest of the market. Investors are watching whether tech momentum can hold while broader indexes weaken, a split that analysts say reflects continued concentration of gains in major technology companies.

Quantum computing company IonQ saw its stock rise faster than the overall market, drawing attention from investors tracking the sector. The gain adds to interest in quantum computing names, which have been volatile but closely watched as the technology develops. Traders are weighing whether the momentum reflects genuine business progress or broader speculation around quantum stocks.

The head of the Environmental Protection Agency visited a Maine company that is developing technology to eliminate PFAS, the so-called forever chemicals linked to health and environmental harm. The visit highlights federal interest in emerging methods for destroying the persistent compounds, which have contaminated water supplies across the US, including in Maine where PFAS spread through sludge-based fertiliser on farmland.

Credo Technology's stock has risen roughly 30%, prompting investors to debate whether the gains make it a buy or the shares are now overvalued. Commentary points to strong momentum in the company's connectivity chip business, but analysts caution that a rapid run-up raises questions about valuation and whether the rally can be sustained.