Articles by Sarah Chen
XRP Surges 9% Amid Broader Crypto Rally Despite Persistent Fund Outflows
XRP climbed roughly 9% to $1.54, outpacing Bitcoin but lagging Ether, even as its investment products recorded $76 million in outflows for a second consecutive week.
Bitcoin Surges Past $74K on Strategy Purchase, ETF Inflows
Bitcoin reclaimed the $74,000 level Monday, rising over 3% as Strategy added to its holdings and spot ETFs saw robust inflows. Related equities advanced in tandem.
Tesla Gains on Terafab AI Chip Launch, But Challenges Persist
Tesla shares advanced 1.8% to $398.30 following CEO Elon Musk's announcement that the Terafab AI chip initiative will commence within a week. However, the company continues to face headwinds from falling vehicle sales and intense market competition.
Ondas Completes Rotron Buyout, Secures 4M Defense Stake Ahead of Earnings
Ondas Holdings shares advanced after closing its acquisition of UK-based Rotron Aerospace and purchasing the remaining stake in 4M Defense, coupled with a new $15.8 million defense contract.
Intel Surges on AI CPU Optimism Ahead of Nvidia Conference
Intel shares advanced significantly, outpacing key rivals, as investor focus shifts toward the central processing unit's expanding function in artificial intelligence deployment. The gains precede Nvidia's major developer event.
Bitmine's $11.5B Crypto Treasury Fuels 12% Stock Surge
Bitmine Immersion Technologies shares jumped 11.6% Monday after revealing a $11.5 billion treasury of cryptocurrency and cash. The company holds 4.6 million ether and generates $180 million in annual staking revenue.
Bitcoin Rally Fuels Gains for Mining Stocks as ETF Inflows Surge
MARA Holdings shares rose as Bitcoin approached $74,420, with spot Bitcoin ETFs seeing $763 million in net inflows last week. The mining sector broadly advanced, while investors monitored Fed policy and Middle East tensions.
Micron's Taiwan Expansion Fuels AI Memory Rally, Sandisk Surges
Sandisk shares surged 7% Monday following Micron's announcement of a second memory chip plant in Taiwan, underscoring intense demand for AI-related memory and storage components. The company reported a 61% year-over-year revenue jump to $3.03 billion for its fiscal second quarter.
SoundHound AI Gains on Nvidia Edge AI Demo Amid Divergent Analyst Views
SoundHound AI shares advanced following its announcement of a fully on-device automotive AI assistant at Nvidia's GTC conference. The company reported robust Q4 and full-year revenue growth, though Wall Street anticipates a slowdown.
Super Micro Rises on AI Server Focus Amid Margin Pressure
Super Micro Computer's stock advanced as Nvidia's GTC conference highlighted AI server demand, though the company faces margin compression and negative operating cash flow.
Nokia Shares Advance Ahead of Q1 Report as AI Network Strategy Faces Scrutiny
Nokia shares gained approximately 1% in Helsinki trading, extending a 31% rally for 2026. The company's AI-focused network strategy faces a key test with first-quarter results due April 23, following mixed analyst sentiment.
