Articles by Sarah Chen
Ondas Secures $10M Israeli Demining Contract, Defense Backlog Nears $80M
Ondas Holdings announced its 4M Defense subsidiary received a $10 million initial order for a demining project tied to Israel's border security barrier. The company's two active demining programs are now valued at roughly $80 million.
NVIDIA Stock Dips on Google's AI Chip Ambitions, Inference Market in Focus
NVIDIA shares declined Tuesday following reports that Google is negotiating with Marvell Technology on new AI processors, signaling major cloud providers' efforts to reduce reliance on NVDA's dominant hardware. The stock drop trimmed NVIDIA's market capitalization to approximately $4.53 trillion.
Citi Wealth Partners with Advyzon for Global Unified Managed Account Platform
Citi Wealth is teaming up with technology provider Advyzon to introduce a worldwide unified managed account platform starting in late 2026. The system will consolidate various investment vehicles, including alternatives, into single accounts.
Lilly's $7B Kelonia Buy Targets In Vivo CAR-T Cancer Therapy
Eli Lilly will purchase Kelonia Therapeutics in a deal worth up to $7 billion, gaining an in vivo CAR-T therapy currently in Phase 1 trials for multiple myeloma.
POET Technologies Surges on Tax Resolution and Strategic Shift
POET Technologies shares jumped significantly for a second consecutive session following clarity on U.S. shareholder tax status and a proposed corporate relocation. The optical interconnect specialist also reported a major production order and new AI partnership.
Rocket Lab Gains on Analyst Upgrades and Defense Budget Focus
Rocket Lab shares advanced Tuesday following analyst price target increases and details of Pentagon space defense spending in the 2027 budget request. The company recently closed a key acquisition and holds a backlog exceeding $2 billion.
Amazon Deepens Anthropic Ties with Billions in New AI Investment
Amazon is injecting up to $25 billion in additional capital into AI developer Anthropic, which has pledged to spend over $100 billion on AWS over the next decade. The deal includes a massive commitment to Amazon's custom Trainium AI chips.
Palantir Shares in Focus as Pentagon Budget Looms, AI Defense Contracts in Play
Palantir Technologies shares are under scrutiny ahead of the Pentagon's fiscal 2027 budget details, with investors eyeing potential gains from a massive defense request and key AI system adoption.
XRP Stalls Near $1.43 as Traders Eye Key $1.46 Resistance Level
XRP is trading near $1.43, having retreated from a Friday high above $1.50. Traders are monitoring $1.41 support and a $1.46-$1.50 resistance zone, with recent ETF inflows providing a bullish catalyst.
Alphabet Shares Dip Amid AI Chip Talks, Investor Focus on Spending
Alphabet shares declined 0.9% Monday as reports emerged of Google negotiating with Marvell Technology on AI chip development, despite ongoing investor unease about the company's substantial capital expenditure plans. Marvell stock surged 6.1% on the news.
Walmart Pilots Backroom Fulfillment to Accelerate Marketplace Delivery
Walmart is piloting a program in Dallas that uses store backrooms to hold third-party marketplace inventory for faster same-day delivery, a strategic move to compete with Amazon's delivery speed.