Articles by Sarah Chen
Western Digital Stock Dips Amid 32TB Drive Shipments, AI Demand Focus
Western Digital stock declined roughly 3% in Monday trading, underperforming the broader market. The company's sales director disclosed shipments of 3.5 million high-capacity 32TB hard drives last quarter.
Western Digital Stock Dips Amid 32TB Drive Shipment Data, AI Demand Focus
Western Digital stock declined approximately 3% during Monday trading, underperforming broader indices. The company disclosed it shipped 3.5 million units of its high-capacity 32TB nearline hard drives in the previous quarter.
XRP Drops Amid Geopolitical Tensions and Supply Unlocks
XRP declined 3.7% to approximately $1.34, with trading volume reaching $2.5 billion. The drop coincided with a surge in oil prices and the release of 1 billion XRP from Ripple escrow accounts.
XRP Drops Amid Geopolitical Tensions and Supply Unlocks
XRP declined 3.7% to approximately $1.34, pressured by escalating Middle East tensions and a major token supply unlock. Bitcoin rose over 5% as markets reacted to oil price volatility.
Bitcoin Recovers to $69K Amid Geopolitical Tensions, Oil Surge
Bitcoin climbed back near $69,000 after a volatile weekend, as escalating Middle East tensions pushed oil prices sharply higher and renewed inflation concerns. Key U.S. manufacturing data showed rising price pressures.
Bitcoin Recovers to $69K Amid Middle East Tensions, Inflation Fears
Bitcoin climbed back near $69,000 Monday, recovering from weekend volatility as geopolitical tensions and rising oil prices rattled markets. U.S. manufacturing inflation hit a multi-year high.
Kratos Defense Shares Rise on SSC Space Deal Amid $1.17B Offering
Kratos Defense shares advanced 3.9% following news that SSC Space implemented its OpenSpace satellite ground platform. The move comes as the company prices a $1.17 billion public offering at $84 per share, scheduled to conclude on March 2.
Kratos Defense Shares Surge on SSC Space Deal Amid Major Equity Offering
Kratos Defense shares climbed 3.9% to $89.56 following news of SSC Space adopting its OpenSpace satellite ground platform. The gain comes as the company prepares to close a $1.17 billion public stock offering priced at $84 per share.
Coinbase Stock Rises Amid Bitcoin Rebound, Defying Broader Market Weakness
Coinbase Global Inc. advanced 4% on Monday, contrasting with a declining broader market, as bitcoin recovered from a weekend dip. The company continues to diversify its business beyond cryptocurrency.
Coinbase Stock Rises Amid Bitcoin Rebound, Defying Broader Market Weakness
Coinbase Global Inc advanced 4% on Monday, contrasting with declines in the Dow, S&P 500, and Nasdaq as bitcoin recovered from a weekend dip. The company continues to diversify beyond crypto trading.
Circle Stock Surges on Rate Outlook and Stablecoin Momentum
Circle Internet Group's stock rose sharply in Monday trading, driven by shifting expectations for U.S. interest rates and ongoing demand for its USDC stablecoin.