Articles by Sarah Chen
Applied Materials Soars on AI Demand, Record Revenue, Upbeat Guidance
Applied Materials reported record quarterly revenue and earnings, driven by AI chip demand, and issued a strong Q3 forecast. Shares gained 3% in after-hours trading.
POET Technologies Surges 43% on $50M AI Optics Order from Lumilens
POET Technologies shares surged 43% after Lumilens placed a $50 million initial order under a new AI networking partnership, with potential to exceed $500 million over five years.
Senate Panel Advances Crypto Bill, Bitcoin Holds Above $80K
The Senate Banking Committee moved the Digital Asset Market Clarity Act forward with a 15-9 vote, pushing Bitcoin near $80,837 and lifting Coinbase, Robinhood, and Strategy shares by about 5%.
Alphabet Stock Pauses After Record Run Amid AI Gains
Alphabet shares edged lower on Thursday, cooling off after a record run, as profit-taking and rate worries offset strong AI and cloud results.
Virgin Galactic Advances 2026 Flight Plans Amid Narrowed Loss and Cash Concerns
Virgin Galactic reported a narrower Q1 loss of $64.7M and confirmed its 2026 flight test schedule, but warned of substantial doubt about its ability to continue as a going concern.
Winklevoss Twins Infuse $100M in Bitcoin into Gemini, Stock Surges 15%
Gemini Space Station Inc. received a $100M bitcoin-backed investment from Winklevoss Capital, buying 7.1M shares at $14 each. GEMI stock rose 15% after hours.
Microsoft Gains as AI Demand Drives Stock Higher
Microsoft shares rose 1.04% on Thursday as investors rotated into big tech, with Azure revenue up 40% and AI business run rate at $37 billion annually.
Apple Retreats from $300 as OpenAI Legal Threat Looms
Apple shares slipped 0.2% to $298.21 after Reuters reported OpenAI is considering legal action over a strained partnership. The dip came despite record quarterly revenue of $111.2 billion.
Figma Shares Rise as AI Monetization Lifts 2026 Revenue Forecast
Figma raised its 2026 revenue outlook by $55 million to $1.428 billion, citing AI-driven user growth. Q1 revenue surged 46% to $333.4 million, with net dollar retention at 139%.
Strategy Inc's Preferred Stock Funding Under Scrutiny as MSTR Rises
Strategy Inc shares jumped 5.3% on Thursday as Bitcoin rallied, but analysts warn its preferred-stock funding model may limit future Bitcoin purchases.