Articles by Sarah Chen
Tesla Adjusts Cybertruck Pricing Ahead of Key Trading Week
Tesla has raised the starting price of its Cybertruck to $69,990, according to a weekend website update. The stock closed Friday at $402.51, down 1.49%, amid broader market weakness and notable insider activity.
AST SpaceMobile Shares Slide as European Satellite Service Launches
AST SpaceMobile shares declined sharply Friday, closing at $79.19, as Vodafone's European satellite venture commenced operations. Market focus shifts to the company's March 2 business update for launch timing details.
ServiceNow Retreats After AI Workforce Launch; Focus Turns to Adoption Metrics
ServiceNow shares fell 1.18% to $108.01, giving back some of Thursday's 5% surge after unveiling new AI tools. Analysts highlight the shift from summarizing to action-taking AI but warn of implementation hurdles.
Coinbase Shares Slide Amid Insider Sales, Broader Market Retreat
Coinbase Global shares declined 2.88% to $175.85, pressured by insider selling disclosures and a risk-off market mood. The crypto exchange's stock traded over 11 million shares on Friday.
IREN Slumps 7% Ahead of MSCI Index Inclusion, Bitcoin Pressure Weighs
IREN shares dropped 7.44% Friday amid a broader crypto stock selloff, with trading volume doubling ahead of its scheduled inclusion in the MSCI USA Index.
Cisco Gains Amid Security Concerns, Investor Events Loom
Cisco shares advanced 1.7% to $79.46 Friday, recovering from Thursday's decline. The company faces security warnings about an actively exploited SD-WAN flaw and prepares for investor meetings at Mobile World Congress and Morgan Stanley's TMT conference.
Block Soars on AI-Driven Restructuring, Eyes 2026 Profit Targets
Block shares jumped sharply following a major workforce reduction tied to AI integration and updated financial guidance projecting significantly higher profitability by 2026.
Geopolitical Tensions Pressure Bitcoin, Risk Assets Retreat
Cryptocurrency prices retreated over the weekend following military strikes in the Middle East, with Bitcoin dipping below $65,400. Investors shifted to risk-off sentiment, impacting related equities and fund flows.
Applied Materials Retreats from Highs Amid Insider Sale and Sector Pressure
Applied Materials shares fell 0.91% to $372.30 Friday, retreating from a recent peak near $396. The drop followed an insider sale and a sector-wide decline driven by inflation data and Nvidia's earnings aftermath.
Micron Shares Retreat as AI Chip Rally Stalls; Focus Shifts to India Plant, Earnings
Micron Technology's stock declined Thursday, mirroring a sector-wide pullback in AI-linked chips following a drop in Nvidia. Attention now turns to the company's upcoming earnings report and the inauguration of its new assembly plant in India.
Apple Shares Dip as Tech Rally Stalls, Cook Hints at Major Product Week
Apple shares declined 0.5% to $272.95, mirroring a broader tech sell-off. CEO Tim Cook signaled a major product announcement week beginning Monday, while an IDC report forecast a sharp 12.9% drop in global smartphone shipments for 2026.
Accenture Surges 8% on Strategic AI Alliance with Mistral
Accenture shares climbed nearly 8% late Thursday following a new AI partnership with French startup Mistral AI. The deal provides Accenture's workforce with access to Mistral's AI products.