Articles by Sarah Chen
ServiceNow AI Gains Pressure Salesforce as BofA Highlights Diverging Fortunes
ServiceNow shares jumped 8.8% after Bank of America resumed coverage with a Buy rating, highlighting AI as a key growth driver. Salesforce rose 3.4% despite an Underperform rating.
Zeta Global Shares Surge on OpenAI Advertising Pact
Zeta Global shares climbed 3.4% in premarket trading Tuesday after CEO David Steinberg revealed an advertising deal with OpenAI at a JPMorgan conference.
HIVE Digital Soars 29% on Plans for Massive AI Data Center Near Toronto
HIVE Digital Technologies stock jumped 28.6% to $3.46 on Monday after unveiling plans for a 320 MW AI data center near Toronto, aiming for over 100,000 GPUs by late 2027.
LiveRamp Surges on Publicis $2.5 Billion Cash Acquisition Offer
LiveRamp shares soared after Publicis Groupe announced a $2.5 billion cash takeover, signaling a major bet on data collaboration for AI-powered marketing.
Zeta Global Soars 12% on OpenAI Advertising Pact
Zeta Global shares jumped 12% on Monday after the company revealed an agreement to assist OpenAI with its advertising operations, outpacing a declining broader market.
ServiceNow Surges on Bullish AI Outlook from Bank of America
ServiceNow shares surged 8.8% Monday after Bank of America reinstated coverage with a Buy rating and $130 target, highlighting AI-driven workflow opportunities.
GCT Semiconductor Soars 41% on 5G Deal and Revenue Surge
GCT Semiconductor shares surged 41% to $2.58 after a 287% revenue jump and a satellite communications deal, though the company faces cash burn and going-concern doubts.
Roblox Rallies 9.6% as Market Weighs Safety Impact, Growth Outlook
Roblox shares jumped 9.6% on Monday, reversing some losses from a month-long slide tied to new child-safety measures. The company cut its 2026 bookings outlook but posted strong Q1 results.
Bitmine Shares Slide 7.5% as Ethereum Holdings Rise Amid Price Drop
Bitmine shares dropped 7.5% Monday as the company reported ETH holdings rose to 5.28 million tokens, but total crypto assets fell to $12.6B due to Ether's 4.1% decline.
IREN Shares Slide 7% Following Costly AI Infrastructure Expansion
IREN shares dropped 7.2% to $49.15 after acquiring Awaken and completing a $3B note sale for AI infrastructure, with revenue declining and net loss widening.
TSMC Projects $1.5T Semiconductor Market by 2030 as AI Demand Surges
TSMC now expects the global semiconductor market to exceed $1.5 trillion by 2030, fueled by AI. The company also outlined aggressive capacity expansion and advanced packaging milestones.