Articles by Sarah Chen
POET Technologies Stock Slips Again as $400M AI Optics Plan Faces New Hurdles
POET Technologies shares dropped 7.3% Friday, closing at $12.29 as the company's $400 million AI optics push faces setbacks including canceled orders and a securities class action.
Microsoft Rallies on $9.7B Pentagon Deal and AI Model Unveiling
Microsoft shares climbed over 5% to $450.24 on a $9.7B Pentagon deal and upcoming AI model launches, pushing its market value near $3.35 trillion.
Aurora Gains on Analyst Optimism, Autonomous Trucking Focus
Aurora Innovation shares climbed 3.6% Friday after Northland Securities began coverage with an Outperform rating. The autonomous trucking firm is advancing paid driverless freight routes.
Bitmine Stock Gains on $12.3B Crypto Holdings and Russell Index Consideration
Bitmine shares edged up 1% as the company revealed $12.3 billion in crypto and investments, including 5.39 million ETH, and was included on FTSE Russell's draft list for index additions.
Atlassian Stock Soars 15% on Renewed Software Sector Confidence
Atlassian shares jumped 15.6% to $107.85 Friday, with nearly 9.6 million shares traded, as investors shifted focus from AI disruption fears to strong peer results.
NetApp Stock Soars on AI Storage Demand, Guidance Boost
NetApp shares jumped over 26% after the company beat quarterly estimates and raised its outlook on strong AI-driven demand for storage solutions.
Tesla Shares Dip Despite European FSD Approval; BYD Rivalry Intensifies
Tesla shares slipped 1.2% on Friday, underperforming the broader market, even as Estonia approved its Full Self-Driving software. The company faces stiff competition from BYD and plans over $25 billion in capital spending for 2026.
BlackBerry Surges on QNX AI Push and Options Activity
BlackBerry shares climbed 3.4% on Friday, fueled by QNX robotics AI research and a surge in options trading, as investors eye the QNX unit's expansion beyond automotive into robotics and medical tech.
IREN Shares Dip as Focus Shifts to AI Deal Execution
IREN shares dropped 1.5% to $63.08 Friday as the market shifts focus from contract figures to execution of its AI infrastructure plans.
Lumentum's AI Optics Surge Outshines Nvidia; Pullback Tests Rally
Lumentum shares slipped 3.6% Friday, paring a massive AI-driven rally that saw the stock gain 135% YTD, far exceeding Nvidia.