Articles by Sarah Chen
Pinterest Secures $1B Elliott Investment, Launches $3.5B Buyback
Pinterest announced a $1 billion strategic investment from activist investor Elliott Investment Management alongside a new $3.5 billion share buyback authorization. The company's stock rose nearly 5% in early trading following the news.
Atlassian Enhances Government Cloud Migration Ahead of Data Center Deadline
Atlassian has launched guided migration tools for shifting Jira and Confluence data to its Government Cloud, alongside new admin controls for session timeouts. The update precedes a March 30, 2026 deadline for new Data Center subscriptions.
Micron Unveils 256GB AI Server Memory Module Amid Market Selloff
Micron Technology has started providing samples of a 256GB low-power DRAM module designed for AI servers, claiming it is the industry's highest-capacity solution. The company's shares dropped nearly 8% on Tuesday as global equities faced a broad selloff.
Mastercard Advances Stablecoin Settlement with SoFi, Shares Gain After Hours
Mastercard shares gained 0.6% in extended trading following news of a partnership with SoFi Technologies to integrate stablecoin settlement into its global payments network. Investors await further strategic updates at an upcoming investor conference.
Corning Shares Retreat After Hours on Revenue Target and Product Launch
Corning shares declined 6.6% in extended trading Tuesday, reversing prior gains following commentary on long-term financial targets and a new product announcement. Broader market concerns also weighed on sentiment.
Lam Research Leads Chip Equipment Selloff Amid Oil Spike, Insider Sales
Lam Research shares tumbled 5.9% in extended trading, dragging down peers like Applied Materials and KLA. The selloff was fueled by a sharp rise in oil prices and broader market避险 sentiment, with insider sales adding to the pressure.
MicroStrategy Stock Slides Amid Bitcoin Dip, New BTC Purchase Funded by Equity Sales
MicroStrategy shares dropped 3.6% to $132.68, tracking a bitcoin decline, after disclosing a $204.1 million bitcoin acquisition funded by equity sales and raising its preferred dividend rate.
Salesforce Authorizes $50 Billion Buyback, Shares Gain After Hours
Salesforce shares advanced in extended trading after the company disclosed a fresh $50 billion stock buyback program and a quarterly dividend, contrasting with a broader market decline driven by inflation and geopolitical concerns.
Circle Stock Extends Rally on Mizuho Target Hike, Fed Outlook
Circle Internet Group's stock advanced in extended trading following Mizuho Securities increasing its price target to $100, with the firm pointing to diminished prospects for imminent Federal Reserve interest rate reductions.
AWS Data Center Attacks, Major Investments Test Amazon's Cloud Strategy
Amazon stock showed minimal after-hours movement following reports of drone attacks on AWS data centers in the Middle East and new multi-billion dollar infrastructure investments in Spain and Virginia.