Articles by Sarah Chen
Nokia Stock Surges to 17-Year Peak on AI Data Center Strategy Shift
Nokia shares jumped 6.3% to a 17-year high on Monday, driven by a strategic focus on AI data centers and a deal to sell its fixed wireless access unit.
IREN Shares Surge 10% on Sweetwater 1 Data Center Power Milestone
IREN Ltd shares rose more than 10% Monday after the company announced its Sweetwater 1 data center in Texas was energized and connected to the ERCOT grid, a key milestone ahead of its fiscal third-quarter earnings.
Ouster Rev8 Lidar Launch Drives Stock Surge Ahead of Q1 Earnings
Ouster shares rose 8% after unveiling Rev8 lidar sensors with native color data and double range. The launch precedes Q1 earnings, with orders open now.
TSMC Stock Surges as Longtan Fab Plan Revived
TSMC shares surged 6.56% after the company revived its Longtan wafer fab plan, with strong AI demand boosting Q1 revenue to NT$1.134 trillion.
Oracle Joins Elite Pentagon AI Program, Bolstering Cloud Credentials
Oracle has been chosen by the U.S. War Department to deploy advanced AI on classified military networks, joining a select group of tech firms. The move comes as Oracle seeks to prove its cloud AI capabilities to investors.
Coinbase Shares Surge as Senate Compromise Revives Stablecoin Regulation Bill
Coinbase shares climbed Monday after a Senate compromise on stablecoin rewards revived the CLARITY Act, which had been stalled for months.
BlackBerry Rises 13% Premarket as QNX Software Drives Revival
BlackBerry stock jumped 13% premarket Monday after a Wall Street Journal profile spotlighted its QNX software, now in 275 million vehicles and accounting for half of revenue.
Nebius Shares Surge on $643 Million Eigen AI Acquisition
Nebius Group acquires Eigen AI for $643M in cash and stock, sending NBIS shares up nearly 12% as the company strengthens its AI inference capabilities.
Strategy's Bitcoin Bet Faces Earnings Test as Options Signal 8% Swing
Strategy Inc. reports Q1 earnings Tuesday, with options implying an 8.07% stock swing. Bitcoin holdings hit 818,334 BTC after a $255M purchase pause, as analyst raises target to $225.
Bitmine's $23M Private ETH Deal Boosts Stake to 5M Tokens
Bitmine Immersion Technologies bought 10,000 ETH from the Ethereum Foundation for $22.9M, boosting its total ETH holdings to over 5M tokens, or 4.2% of supply. BMNR closed at $21.88.
Uber Expands Robotaxi Operations with Hertz Deal, Shifts Strategy Ahead of Earnings
Uber is expanding its robotaxi operations by partnering with Hertz's Oro Mobility for fleet management, signaling a strategic shift toward direct operations. The move comes ahead of Uber's Q1 earnings.