Articles by Sarah Chen
Strategy Inc Shares Decline Amid Bitcoin Purchase and Debt Refinancing Plans
Strategy Inc shares fell 1.6% after disclosing a $90 million bitcoin acquisition funded by stock sales. Executive chairman Michael Saylor affirmed ongoing quarterly crypto purchases and potential debt refinancing.
AMD Stock Steady Near $216 Amid Tariff Exemption Reports and Economic Data Watch
AMD shares showed minimal movement as reports surfaced about potential AI data center exemptions from upcoming U.S. chip tariffs. Investors are also awaiting key jobs and inflation data this week.
Palantir Gains on Daiwa Upgrade Amid Software Sector Volatility
Palantir shares rose 1.6% after Daiwa upgraded the stock to Buy, as traders await key U.S. inflation data that could sway tech valuations.
Alphabet Shares Slide on $20B Bond Offering and European AI Scrutiny
Alphabet's stock declined nearly 2% as the company launched a $20 billion bond sale to fund AI infrastructure while facing a new antitrust complaint in Europe over its AI Overviews feature.
AI Sector Sees Divergence: Datadog Soars on Earnings, Alphabet Issues Debt for Infrastructure
Datadog shares surged over 14% after strong quarterly results driven by AI demand, while Alphabet sold $20 billion in bonds to fund AI infrastructure spending. Cisco and Cadence gained on new chip developments.
XRP Tests $1.40 Support Amid Crypto Market Retreat; ETF Inflows and Ripple Event in Focus
XRP declined approximately 2.7% to near $1.40, testing a key technical level as the broader digital asset market faced pressure. Traders are monitoring U.S. spot ETF inflows and an upcoming Ripple community event.
Bitcoin Retreats Under $70K Ahead of Key U.S. Economic Data
Bitcoin fell 1.4% to $68,743, slipping below the $70,000 threshold as traders await U.S. jobs and inflation reports. Spot Bitcoin ETFs recorded $144.9 million in net inflows.
Cisco's AI Networking Push Pressures Broadcom Shares
Broadcom stock dipped slightly in early trading as Cisco unveiled new data center chips targeting the AI infrastructure market, intensifying competition.
Micron Shares Dip on Concerns Over HBM4 Supply for Nvidia's Next AI Platform
Micron Technology's stock declined nearly 3% early Tuesday amid reports Samsung and SK hynix may dominate initial HBM4 supply for Nvidia's upcoming AI processors. Investors await clarity from Micron's Feb. 11 conference appearance.