Articles by Sarah Chen
MARA Stock Slides Amid Bitcoin Retreat, AI Transition Costs Scrutinized
MARA Holdings shares declined 5.4% in premarket trading Friday as Bitcoin retreated toward $70,000, intensifying focus on the company's capital needs for its strategic shift into artificial intelligence and high-performance computing infrastructure.
Trade Desk Soars on OpenAI Partnership Talks, CEO's Major Stock Purchase
The Trade Desk shares jumped 18% early Friday amid reports of early-stage talks with OpenAI about advertising collaboration. CEO Jeff Green purchased $148.1 million in company stock this week.
Ondas Secures $20M Border Drone Contract, Adds McKinsey Veteran to Board
Ondas Holdings announced a $20 million initial order for its Airobotics unit to begin work on a national autonomous border-security program. The company also appointed McKinsey senior partner David Chinn to its Ondas Autonomous Systems board.
SoFi Stock Gains as Mastercard Adopts SoFiUSD for Global Settlement
SoFi Technologies stock advanced approximately 3% following Mastercard's announcement that it will support SoFi's dollar-pegged stablecoin for settling transactions across its global payments network.
Turbo Energy Stock Skyrockets on Major Spanish Project Backlog
Turbo Energy's stock soared nearly 80% Thursday and continued climbing premarket Friday following news of a $53 million project backlog in Spain, though the company faces a Nasdaq compliance notice.
Garmin's fēnix 8 Pro Clinches Top MWC 2026 Award Amid Strong Fitness Growth
Garmin Ltd. secured the 'Best Connected Consumer Device' award at Mobile World Congress for its fēnix 8 Pro smartwatch. The recognition comes after the company reported a 42% jump in fitness segment revenue and issued an optimistic 2026 sales outlook.
Besi Stock Drops on HBM Standard Shift, Clouding Hybrid Bonding Outlook
BE Semiconductor Industries shares declined sharply in Amsterdam trading following reports that relaxed high-bandwidth memory standards could delay uptake of its hybrid bonding technology. The sell-off occurred despite the company reporting robust quarterly orders and forecasting higher revenue.
Gaxos.ai Surges on Defense Unit's Navy Counter-Drone License
Gaxos.ai shares surged 42% in premarket trading Friday after America First Defense, in which Gaxos is acquiring a 19.99% stake, received a Navy license for its electronic counter-drone system.
Visa Expands Global Stablecoin Card Rollout via Stripe's Bridge
Visa is expanding its partnership with Stripe's Bridge platform to offer stablecoin-linked payment cards in more than 100 nations by year-end. The initiative includes on-chain settlement pilots with Lead Bank.
Salesforce Executives Address Internal Tensions Amid AI Transition
Salesforce executives addressed employee concerns following CEO Marc Benioff's controversial comments, as the company balances internal culture issues with its aggressive AI transformation. Shares gained 4.3% despite broader market weakness.
Robinhood Unveils $695 Platinum Card in Premium Finance Push
Robinhood Markets has introduced a premium Platinum credit card with a $695 annual fee, targeting high-income clients. The move is part of a broader strategy to become a family financial superapp.
Bitcoin Retreats from $73.5K as Macro Headwinds, Regulatory Uncertainty Mount
Bitcoin retreated from a $73,514 peak to $71,178, a 2.8% decline, amid a stronger dollar and rising oil prices. Market focus shifts to Friday's U.S. jobs report and upcoming inflation data.