Articles by Sarah Chen
XRP Gains on Fresh Capital Inflows and Ledger Privacy Enhancement
XRP advanced 2-3% to near $1.37, buoyed by $19.3 million in weekly inflows and a key ledger upgrade enabling private transactions for institutions.
Bitcoin Reclaims $75K on ETF Inflows, Easing Oil Prices
Bitcoin climbed above $75,000 Tuesday, erasing weekend losses, fueled by renewed ETF inflows and a drop in oil prices. Major institutions like Morgan Stanley are launching new crypto products.
Google Expands Gemini AI for Home, Boosts Speed and Parental Controls
Google has rolled out significant upgrades to its Gemini for Home AI assistant, expanding early access to 16 additional countries and cutting latency on common commands by up to 40%. The update also introduces enhanced playlist accuracy and new digital wellbeing tools.
AST SpaceMobile Shares Tumble on Launch Delay, Amazon Deal Intensifies Competition
AST SpaceMobile shares dropped sharply after another delay for its crucial BlueBird 7 satellite launch, compounded by Amazon's major acquisition of rival Globalstar, signaling heightened competition in satellite-to-smartphone services.
Amazon Strikes $11.6B Deal for Globalstar to Accelerate Satellite Network
Amazon has entered an agreement to purchase satellite communications firm Globalstar in a deal valued at approximately $11.6 billion. The acquisition is designed to bolster Amazon's low-Earth orbit satellite constellation and accelerate its push into direct-to-device connectivity.
Meta Develops AI Avatar of CEO Zuckerberg for Internal Use Amid Strategic Pivot
Meta is creating an AI-powered replica of CEO Mark Zuckerberg to interact with staff, as the company reallocates top engineers and billions in capital expenditure toward artificial intelligence initiatives.
IREN Surges on AI Infrastructure Demand Following Major Cloud Deals
Shares of IREN climbed over 9% to $43.07 as major cloud agreements by Meta fueled investor optimism about AI infrastructure demand. The company plans to deploy 150,000 GPUs to capture this growing market.
Oracle Leads Software Rebound with 12.7% Surge Amid AI Uncertainty
Oracle shares surged 12.7% on Monday, leading a broad rebound in software stocks. Despite the rally, the stock remains down over 20% for the year as investors weigh the company's substantial AI infrastructure investments.
Bitcoin Tests $76K Resistance as ETF Flows Swing, Miner Sales Mount
Bitcoin is challenging the $74,500-$76,000 resistance level, supported by a $1 billion institutional buy from Strategy but pressured by miner sales and volatile ETF flows. The token's next major move hinges on breaking this supply zone.
Marvell Soars to All-Time High on Nvidia Partnership and AI Data Center Demand
Marvell Technology shares surged to a record high, buoyed by Nvidia's strategic investment and strong demand for its optical networking products in AI data centers. Barclays upgraded the stock, citing significant growth potential.
Intel's $100 Billion Surge Continues on AI Deals and Analyst Optimism
Intel shares climbed for an eighth consecutive session, adding over $100 billion to its market value, driven by strategic AI partnerships, a major stake buyback, and bullish analyst sentiment ahead of its Q1 earnings report.
Nebius Shares Surge on AI Infrastructure Demand, Despite Valuation Concerns
Nebius Group shares climbed 7.4% Monday after Bank of America boosted its price target, countering a downgrade that flagged valuation risks following the stock's significant advance.