Articles by Sarah Chen
Bitcoin Tests $74K Resistance Amid ETF Inflows and Geopolitical Tensions
Bitcoin retreated to $70,587 after failing to breach $74,000, despite sustained ETF inflows. Macro pressures from elevated oil and reduced Fed cut expectations weigh on sentiment.
Navitas Semiconductor Gains on AI Power Product Launch, New CFO Appointment
Navitas Semiconductor shares advanced following the launch of new silicon carbide products targeting AI infrastructure and the appointment of a new CFO. The company reported a significant quarterly revenue drop and an operating loss.
CleanSpark Rises on Bitcoin Surge as Texas Data Center Strategy Advances
CleanSpark's stock advanced alongside a bitcoin rally above $71,000, while the company continues to execute its strategic pivot toward data center infrastructure in Texas.
MSTR Rises as Bitcoin Surges Past $73K Following Major Purchase
MicroStrategy shares advanced Friday as Bitcoin climbed above $73,000, fueled by the company's latest $1.28 billion cryptocurrency purchase. The business intelligence firm now holds 738,731 BTC acquired at a total cost of $56.04 billion.
Rivian's R2 Pricing Strategy Sparks Investor Concern Over Growth Timeline
Rivian Automotive shares fell as the company detailed pricing for its new R2 SUV, beginning with a high-performance model at $57,990, delaying more affordable versions. The EV maker faces pressure to meet 2026 delivery targets after posting a substantial net loss in 2025.
AMD Shares Dip Amid Oil Surge, Meta Chip Strategy and Nvidia Event in Focus
Advanced Micro Devices shares declined over 2% Friday amid a broader tech selloff, with rising oil prices and shifting Fed expectations weighing on sentiment. Key developments include Meta's in-house AI chip plans and an upcoming meeting between AMD and Samsung.
Rigetti Computing Stock Gains Amid Insider Sales, Focus on 108-Qubit Timeline
Rigetti Computing's stock edged higher Friday, closing at $16.17, while SEC filings revealed insider stock sales by its CTO and CFO to cover tax obligations. The quantum computing firm reported 2025 revenue of $7.1 million and a net loss of $216.2 million, as it pushes forward with its roadmap.
Bitcoin Retreats from $74K as Geopolitical Tensions Weigh on Crypto Rally
Bitcoin surged toward $74,000 before pulling back sharply following reports of U.S. military activity in the Middle East. Despite the reversal, crypto-linked equities like Coinbase advanced.
XRP Surges Past $1.40 on Rate Cut Hopes and Technical Breakout
XRP climbed above $1.40, gaining 2.2% as market sentiment improved following in-line inflation data. Futures open interest hit $2.61 billion, indicating strong trader participation.
MARA Stock Surges on Bitcoin Rally Amid AI Infrastructure Push
MARA Holdings shares surged nearly 9% on Friday, outpacing peers as Bitcoin climbed above $71,600. The rally comes despite a $1.7 billion Q4 net loss and the company's strategic pivot toward AI and high-performance computing infrastructure.