Articles by Sarah Chen
Wipro Secures TruStage Contract Amid Growth Concerns
Wipro has landed a significant multi-year agreement with U.S.-based insurer TruStage to overhaul its retirement-services technology. The deal arrives as the IT services firm contends with a steep stock decline and contracting bookings.
Snap Shares Test 52-Week Low Amid India Ad Push, Regulatory Headwinds
Snap shares extended their slide, closing at $4.89 after a 4.3% drop, hovering near a 52-week low. The decline comes despite a new advertising initiative in India and follows a net loss of $460 million on $5.93 billion in revenue for 2025.
SoFi Stock Gains on Mastercard Stablecoin Partnership, CEO Purchase
SoFi Technologies advanced Wednesday, recovering from a prior session decline. The fintech's new stablecoin settlement partnership with Mastercard and a significant share purchase by CEO Anthony Noto were in focus.
Plug Power Gains on Data Center Power Supply Ambitions
Shares of Plug Power advanced as the company pursues contracts to supply up to 250 megawatts of power to data centers and utilities, part of a broader strategy to unlock capital and improve its financial position.
Nokia Shares Retreat on Insider Sale and Broker Downgrade
Nokia shares fell in Helsinki trading following an insider sale by senior manager Raghav Sahgal and a rating downgrade from DNB Carnegie. The dip interrupts a 20% year-to-date surge fueled by AI and data-center contracts.
Ondas Gains on Defense Acquisitions and Revenue Beat
Ondas Holdings shares advanced following its acquisition of missile-defense firm BIRD Aerosystems and a $15.8 million demining order. The company also raised its revenue outlook for the fourth quarter and full year 2025.
Nvidia Invests $2B in AI Cloud Firm Nebius Ahead of GTC Conference
Nvidia announced a $2 billion investment in AI cloud provider Nebius, keeping its stock price around $185. The move comes just before its GTC conference, where CEO Jensen Huang will outline the chipmaker's future strategy.
XRP Consolidates Near $1.38 Amid Australian License Bid and CPI Caution
XRP held near $1.38, retreating from a $1.44 peak, as Ripple moved to acquire a payments firm for an Australian license. The broader cryptocurrency market declined ahead of key U.S. inflation figures.
Bitcoin Retreats Under $70K Ahead of Key Inflation Data, Geopolitical Tensions Weigh
Bitcoin declined 1.9% to $69,560, slipping below the $70,000 threshold as market participants reduced risk exposure ahead of the U.S. inflation report and amid ongoing geopolitical concerns.
Nubank Appoints Ex-TikTok Marketing Chief Amid Global Expansion Drive
Nu Holdings has named former TikTok and Google executive Kim Farrell as its global marketing director, signaling an intensified push beyond Latin America. The move comes as the digital bank reports a 45% revenue surge to $4.86 billion for the fourth quarter.
UiPath Achieves AI Safety Certification Ahead of Q4 Earnings Report
UiPath has obtained AIUC-1 certification for its AI agents, positioning itself as the first enterprise automation platform to meet this safety benchmark. The announcement comes just before the company's fourth-quarter earnings report, with shares declining slightly in late trading.
Ford Boosts Explorer EV Range Amid European Market Shakeup
Ford Motor has enhanced its all-electric Explorer for Europe, introducing a lithium iron phosphate battery that extends range to 444 km. The update comes as the automaker and rivals Renault and Volkswagen navigate tepid EV demand and intensifying competition from Chinese manufacturers.