Articles by Sarah Chen
Marvell Technology Joins S&P 500 Amid AI Networking Surge, Trading at 106x Earnings
Marvell Technology (MRVL) joins the S&P 500, closing up 7.27% at $310.58, as AI networking demand and index inclusion fuel a valuation re-rating to 106x trailing earnings.
PEPE Whale Dominance Puts Focus on $0.00000284 Support Level
A whale holds 188.14 trillion PEPE, worth $534 million, about 45% of circulating supply. Price is stuck near $0.00000284, with key resistance at $0.00000296.
Webb Telescope Reveals Complete Star Formation Cycle in Orion
NASA's James Webb Space Telescope has captured all stages of star formation in a single image of the Orion A molecular cloud, providing an unparalleled near-Earth laboratory for studying stellar nurseries.
Plug Power's Cash Position and Project Progress Under Scrutiny
Plug Power shares closed at $2.85, up 7.55% on Thursday, but the market's focus remains on liquidity challenges and the company's ability to monetize projects.
Super Micro Rebounds After $7B Fundraise for AI Server Orders
Super Micro Computer jumped 10.37% to $30.66 on Thursday after a volatile week, as investors weighed a $7 billion equity-linked raise for AI server orders against dilution risks. Monday's market open will test the rebound.
QuantumScape Soars 16.5% on Honda Solid-State Battery Pact
QuantumScape shares jumped 16.5% to $8.04 after Honda R&D signed a multi-year joint research agreement for solid-state battery development, providing a major automaker endorsement.
Apple Stock Nears $300 Amid Memory Cost Pressure on Pricing
Apple shares closed at $298.01, up 2.4% for the week, as Tim Cook warns product price hikes are unavoidable due to AI-driven memory chip cost increases.
Nvidia Rises Ahead of Holiday; Micron Earnings Test AI Rally
Nvidia closed 2.95% higher at $210.69 before the holiday, as chip stocks lifted the Nasdaq. Focus now shifts to Micron's earnings and Nvidia's annual meeting for AI demand cues.
Marvell Technology Set to Enter S&P 500, Powered by AI Growth
Marvell Technology surges 11% ahead of its S&P 500 entry on June 22, fueled by a KeyBanc price target increase and a milestone shipment of optical chips for AI data centers.