Articles by Sarah Chen
Nvidia, Cadence Partner to Accelerate AI Robotics Development
Nvidia and Cadence Design Systems are partnering to integrate Cadence's physics engines with Nvidia's AI models to train robots in simulated environments. The move expands Nvidia's focus beyond data centers into robotics and agentic AI.
Boeing Unveils New Satellite Platform, Aims for 26 Deliveries in 2026
Boeing and its Millennium subsidiary introduced the Resolute mid-class satellite platform, with plans to deliver 26 spacecraft in 2026. The move responds to urgent military demands for faster production.
Rocket Lab Shares Soar on Strategic Acquisition and New Thruster Launch
Rocket Lab shares climbed 9% Thursday, fueled by the completion of its Mynaric buyout and the introduction of a new electric satellite thruster, boosting investor confidence in its expanded space systems strategy.
Microsoft and Oracle Rebound as AI Spending and Power Deals Fuel Optimism
Microsoft and Oracle shares advanced Thursday, buoyed by robust AI demand signals and Oracle's major power procurement for its data centers. Investors are reassessing the heavy tech investments of recent years.
China Solar Export Curbs Could Disrupt Tesla's U.S. Energy Expansion
Beijing is weighing export limits on advanced solar manufacturing gear, potentially complicating Tesla's U.S. factory plans. The automaker's energy storage business is now more profitable than its core vehicle operations.
MicroStrategy Bolsters Bitcoin Holdings with $1 Billion Purchase via Preferred Stock
MicroStrategy purchased 13,927 Bitcoin for approximately $1 billion, funded entirely by sales of its STRC preferred shares, bringing its total BTC holdings to 780,897.
Ripple's Korean Bond Pilot Boosts XRP, Rakuten Delay Mutes Rally
XRP climbed toward $1.39 following Ripple's new partnership with South Korea's Kyobo Life Insurance for a blockchain bond settlement pilot. The advance was tempered by Rakuten Wallet's postponement of XRP and four other token listings.
Bitcoin Stabilizes Near $74K as Institutional Demand Returns
Bitcoin traded around $74,395 Wednesday, maintaining gains after briefly surpassing $76,000. U.S. spot bitcoin ETFs saw $411.4 million in inflows, reversing the previous day's outflow, while corporate purchases resumed.
Supermicro Expands Edge AI Portfolio Amid Margin Pressure and Legal Scrutiny
Super Micro Computer unveiled new compact edge AI systems using AMD chips, aiming to diversify beyond data centers. The launch follows a quarter where revenue soared past $12.6 billion but gross margin fell to 6.3%.
Oklo Shares Surge on Board Expansion Ahead of Key Nuclear Milestones
Oklo shares gained 11% Wednesday after the company expanded its board and made executive shifts, positioning itself ahead of a crucial Department of Energy reactor test deadline in July and a major Meta-supported project in Ohio.
IREN's AI Ambitions Face Funding Test Amid Surging Cloud Demand
IREN shares held steady as its AI cloud revenue more than doubled, though total revenue declined. The company secured major GPU financing for its Microsoft partnership but faces potential dilution from a large share offering.