Articles by Sarah Chen
Palantir's AI Defense Ambitions Fuel Bull-Bear Divide on Valuation
Palantir Technologies trades near $148 amid a 30% decline from its peak, with analysts deeply divided. Bullish cases cite surging government revenue and AI platform adoption, while bears warn of overvaluation and competitive pressures.
SanDisk Gains on AI Storage Demand Amid Broader Market Caution
SanDisk shares advanced 2.8% on Monday, outperforming the S&P 500, as strong AI infrastructure demand drove quarterly revenue growth of 61%. The company extended its manufacturing joint venture with Kioxia through 2034.
Plug Power Secures Major Quebec Electrolyzer Deal, Shares Edge Higher
Plug Power's stock gained in premarket trading following a significant electrolyzer contract award in Quebec. The company continues to target a financial turnaround by the end of 2026.
Nokia AGM to Decide Leadership, Capital Return as AI Strategy Takes Shape
Nokia shareholders will vote on a new chair and expanded capital return powers at Thursday's AGM, with the company navigating a strategic shift toward AI-driven networking ahead of quarterly earnings.
Intel Shares Surge on Analyst Upgrade Amid AI Chip Supply Constraints
Intel shares gained 4.9% to $50.38 after KeyBanc boosted its price target to $70, highlighting constrained AI server chip supply and broad semiconductor price increases. The company also announced a $14.2 billion buyback of Apollo's stake in its Fab 34 venture.
Foxconn's AI-Driven Revenue Surge Signals Robust Demand for Nvidia Servers
Foxconn's first-quarter revenue surged 29.7% year-over-year, highlighting strong AI server demand for key client Nvidia. Nvidia projects $78 billion in Q1 revenue, excluding China data-center sales, as competition intensifies.
Nokia Stock Surges on Major UK 5G Network Contract with Virgin Media O2
Nokia's U.S.-listed shares climbed 6.65% following the announcement of a significant 5G network agreement with Virgin Media O2. The Finnish telecom equipment provider will supply radio and baseband gear as part of a wider UK network upgrade.
Nvidia Optimizes Google's Gemma 4 AI for Local Deployment as Inference Market Heats Up
Nvidia announced optimizations for Google's Gemma 4 AI models to run on PCs and edge hardware, expanding its reach as AI workloads shift from cloud training to local inference. The move comes amid rising competition in inference chips and Nvidia's continued data-center dominance.
MARA Holdings Soars on Bitcoin Sale to Slash Debt, Pivot to AI
MARA Holdings shares climbed roughly 8% in Thursday trading following the company's strategic sale of Bitcoin to reduce its debt load and accelerate its expansion into artificial intelligence infrastructure.
Bitmine's Ether Treasury Hits $10.7B Amid Stock Decline
Bitmine Immersion Technologies shares declined despite revealing a substantial treasury of $10.7 billion in crypto, cash, and related assets. The company's ether holdings reached 4.73 million tokens, with over 3.1 million staked for network rewards.
SoFi Expands Enterprise Banking with 24/7 Dollar and Stablecoin Platform
SoFi Technologies has introduced a new enterprise banking platform enabling businesses to manage both traditional dollars and stablecoins around the clock. The stock gained 1.5% following the announcement, which comes weeks before the company's first-quarter results.