Articles by Sarah Chen
D-Wave Stock Surges on London Conference Plans Ahead of Earnings
D-Wave Quantum (QBTS) shares jumped over 9% after setting June 18 for Qubits Europe 2026 in London, ahead of its May 12 earnings release. Analysts forecast a loss of 8 cents per share on $4.19M revenue.
Qualcomm Stock Surges Past $200 on AI Data Center Push and Hyperscaler Deal
Qualcomm shares rose 1.8% to $189.83 after hitting $200.34, driven by AI data center chip demand and a custom silicon deal with a top cloud operator.
Coinbase Cuts 700 Jobs, Pivots to AI as Crypto Market Weakens
Coinbase will eliminate 700 jobs, or 14% of its workforce, as it restructures around AI and responds to weak crypto markets.
Netflix Shares Slide Below $88 as Hastings Insider Sale and Weak Guidance Weigh
Netflix shares fell 3.4% to $87.57 as Reed Hastings disclosed a major insider sale ahead of his board exit. Weak Q2 guidance and intensifying competition add to investor concerns.
IREN Shares Surge After $625M Mirantis Acquisition Boosts AI Cloud Strategy
IREN Ltd will acquire Mirantis Inc in a $625 million all-share deal, strengthening its AI cloud capabilities. Shares rose 10.6% to $54.74.
Nebius Eyes Record Highs After $643M Eigen AI Deal, Q1 Earnings in Focus
Nebius shares hover near record highs after a $643M deal for Eigen AI, with Q1 earnings due May 13 set to test the stock's momentum.
Amazon Nears $3T Market Cap After Logistics Expansion Rattles Rivals
Amazon stock edged up 0.35% in premarket trading Wednesday, pushing its market value near $3 trillion after a fourth straight record close.
