Articles by Sarah Chen
Ondas Shares Surge on AI Defense Pact with Palantir, World View
Ondas Holdings saw its stock climb 5.1% to $10.33 following a strategic collaboration with Palantir and World View to develop AI-enabled intelligence systems. The move caps a week of significant defense-focused activity for the company.
Nvidia Eyes GTC Conference for AI Roadmap Amid Investor Scrutiny
Nvidia shares traded around $183, with attention turning to next week's GTC conference for potential AI catalysts. The chipmaker recently reported a 73% revenue surge but faces questions on spending and rivals.
TeraWulf Shares Dip as Analyst Trims Target, AI Transition in Focus
TeraWulf shares fell 3.6% Thursday following a price target reduction by Keefe Bruyette & Woods, which highlighted increased spending. The company continues its strategic build-out of AI data center capacity.
Cipher Digital's AI Pivot Under Scrutiny as Analyst Cuts Target Amid Mining Exit
Cipher Digital shares declined following a price target reduction by Keefe, Bruyette & Woods. The move reflects concerns over the company's transition from bitcoin mining to AI-focused data center development.
AMD Shares Slide Below $200 Amid Oil Shock, Meta's AI Chip Strategy
AMD shares dropped below $200 as tech stocks retreated amid an oil-driven market selloff. Meta announced new internal AI chips and confirmed a major AMD purchase, while CEO Lisa Su prepares for memory supply talks in South Korea.
Pinterest Shares Drop 6.6% Amid Broader Market Selloff, Ad Concerns Persist
Pinterest shares declined 6.6% to $18.09 Thursday, pressured by a broader market downturn and ongoing skepticism about retailer ad spending despite significant backing from activist investor Elliott Management.
IREN's $6B Equity Plan Fuels AI Ambitions Amid Market Skepticism
IREN's stock fell 1.3% amid a broader tech selloff, as the company seeks to raise up to $6 billion through share sales to finance its pivot to AI cloud services, despite reporting a $155.4 million quarterly loss.
Apple Shares Slide Amid Tech Rout, India Production Hopes Provide Cushion
Apple shares declined nearly 2% to $255.76, trimming its market cap to approximately $4.05 trillion. The drop coincided with a broader tech sell-off driven by oil price spikes and the launch of new, more affordable Apple devices.
IREN's AI Ambitions Face Investor Skepticism Amid Funding Concerns
IREN shares are experiencing significant price swings as the company's aggressive AI infrastructure expansion, including a major Microsoft deal and plans for 50,000 Nvidia GPUs, clashes with concerns over substantial share dilution and unsecured revenue projections.
Marathon Digital Outperforms Mining Peers Amid Bitcoin Volatility, Posts Heavy Loss
Marathon Digital Holdings shares advanced 1.1% on Thursday, outperforming rival bitcoin miners as the cryptocurrency traded near $70,331. The company disclosed a substantial net loss for 2025 despite a 38% revenue increase.
Ripple's $50B Valuation Fails to Boost XRP as Macro Forces Dominate
XRP declined 1.4% to $1.38 on Thursday, unmoved by Ripple's $50 billion valuation and expansion plans. Broader cryptocurrency markets remained subdued as attention shifted to macroeconomic factors.
Navitas Semiconductor Shares Retreat After AI Chip Launch, CFO Appointment
Navitas Semiconductor shares declined 6.5% on Thursday, partially reversing a prior surge, following the launch of new AI power chips and the appointment of a new CFO. The company reported a significant revenue drop for 2025.