Articles by Sarah Chen
Quantum Computing Stocks Rally Ahead of Key Earnings Reports
Quantum computing equities advanced Friday, led by Rigetti Computing and IonQ, as investors looked past a downgrade and toward upcoming quarterly results. Markets are closed Monday for the holiday.
XRP Gains on Holiday Trading as Market Awaits Fed Minutes
XRP advanced 3.3% to approximately $1.52 during Sunday's limited trading session, while Bitcoin maintained levels near $69,000. Market participants are focusing on upcoming Federal Reserve minutes and inflation indicators.
Bitcoin Retreats Below $69K Ahead of Key Fed Data, ETF Flows Volatile
Bitcoin declined 0.9% to $69,029 over the weekend, with ether dropping 3.4% to $2,006. Trading in U.S. spot bitcoin ETFs resumes Tuesday after the Presidents Day holiday.
Intel's Neutral Rating Highlights 'Show Me' Turnaround Challenge Ahead of Key Week
Intel stock closed slightly higher Friday after D.A. Davidson started coverage with a Neutral rating and $45 price target, labeling the chipmaker's recovery a 'show me' story. Trading resumes Tuesday post-holiday with Fed minutes and chip demand signals in focus.
Microsoft, Aramco Forge AI Alliance, Set 2026 Saudi Azure Launch
Microsoft and Saudi Aramco have agreed to collaborate on industrial artificial intelligence projects and workforce development. The tech giant confirmed its Saudi Arabia East Azure cloud region will commence operations in late 2026.
MSTR Surges 9% Ahead of Holiday on Bitcoin-Linked Funding News
MicroStrategy shares rallied 8.9% Friday after an SEC filing highlighted its bitcoin-backed funding strategy via preferred shares, with cryptocurrency markets active during the U.S. holiday closure.
Palantir Gains on Defense Cloud Clearance, Faces Valuation Scrutiny
Palantir shares advanced 1.8% to $131.41 Friday following a key Defense Information Systems Agency authorization for its federal cloud service. Trading volume hit 49 million shares in a volatile session as investors balanced defense contract momentum with renewed valuation concerns.
Applied Materials Surges on AI-Driven Forecast, Settles Export Case
Applied Materials shares rallied sharply following an upbeat quarterly forecast driven by artificial intelligence and memory market demand. The company also resolved a U.S. export-control investigation with a substantial settlement.
Apple Shares Slide on Regulatory Pressure and AI Delays Ahead of Key Week
Apple shares declined 2.3% to $255.78 Friday, marking a two-day drop exceeding 7% following an FTC warning letter and reported delays in AI-powered Siri features. The stock heads into the Presidents Day break having wiped out its 2026 gains.
Micron Shares Close Lower as Major Investor Stake Revealed Ahead of Holiday
Micron Technology shares closed lower Friday after a regulatory filing revealed Capital World Investors holds a 5.2% stake. Trading resumes Tuesday following the Presidents Day holiday.