Articles by Sarah Chen
Bitcoin Hovers Near $70K Amid Slowing Fund Outflows, Regulatory Concerns
Bitcoin declined 0.6% to $70,306 as digital asset fund withdrawals slowed to $187 million last week. South Korea's regulator called for stricter crypto oversight following a $40 billion exchange error.
XRP Gains on Ripple Custody Expansion as Market Awaits U.S. Inflation Data
XRP edged higher following Ripple's new custody partnerships, though it remains down over 10% for the week. Traders are eyeing upcoming U.S. CPI data for direction.
Palantir Shares Surge After Hours on Analyst Upgrade, Sector Eyes Data
Palantir Technologies stock rose over 5% in extended trading after Morningstar raised its fair value estimate to $150, citing strong guidance. The move comes amid volatility in software stocks ahead of key U.S. economic data.
Lumentum Shares Extend Rally on AI Infrastructure Demand
Lumentum Holdings surged nearly 5% Monday, leading a broader optics and networking stock rally. The move follows strong quarterly results and an upbeat outlook tied to data center expansion for artificial intelligence workloads.
Oracle Surges on Analyst Upgrade Amid Cloud Investment Scrutiny
Oracle shares rallied nearly 10% after D.A. Davidson upgraded the stock to buy, though Melius expressed cash flow concerns. The stock remains well below its yearly peak as traders eye upcoming economic data.
Broadcom Gains in Extended Trading as AI Investment Momentum Fuels Chip Sector
Broadcom shares advanced over 3% after hours, riding a broader rally in semiconductor stocks as investor focus returns to AI infrastructure spending. The company is scheduled to report quarterly earnings on March 4.
Alphabet Plans $15 Billion Bond Offering to Fuel AI Infrastructure Expansion
Alphabet's shares edged higher in after-hours trading following reports the tech giant is preparing a $15 billion investment-grade bond sale to fund its aggressive AI infrastructure buildout.
Nvidia Gains on AI Financing Buzz Ahead of Key Earnings Report
Nvidia shares advanced 3% in extended trading following sector-wide momentum, as Apollo nears a $3.4 billion chip-financing deal for xAI. Investors await quarterly results due February 25.
Amazon's $200B AI Investment Plan Weighs on Shares as AWS Expands Chip Partnership
Amazon shares edged lower Monday as investors assessed the company's ambitious $200 billion capital expenditure plan for 2026 and a deepened semiconductor agreement with STMicroelectronics.
SanDisk Shares Retreat Following Volatile Trading Session, Investors Eye Economic Data
SanDisk stock declined 2.4% in after-hours trading after a wide-ranging session, though it remains up over 150% year-to-date. Traders are focusing on upcoming U.S. jobs and inflation reports.
Micron Shares Slide on Samsung HBM4 Supply Reports for Nvidia's AI Chips
Micron Technology shares declined nearly 3% in after-hours trading following reports that Samsung Electronics secured initial HBM4 memory orders for Nvidia's upcoming 'Vera Rubin' AI processors.
Tesla Gains Amid Robotaxi Competition, Investors Eye Economic Data
Tesla shares advanced 2.2% as the robotaxi race intensified with Waymo's Nashville expansion. Investors await key U.S. payrolls and inflation data for interest rate signals.