Articles by Sarah Chen
AMD Expands AI Infrastructure in India via TCS Partnership
AMD deepens its collaboration with Tata Consultancy Services to launch its Helios rack-scale AI infrastructure in India, aiming for significant data-center expansion. The announcement comes as U.S. markets reopen after a holiday closure.
Alphabet's AI Spending and Regulatory Scrutiny Weigh on Shares
Alphabet's stock fell for a fourth consecutive session, shedding nearly $88 billion in market value since January, amid investor concerns over aggressive AI spending and EU antitrust investigations.
Palantir Gains After Rare Double Upgrade, Markets Eye Post-Holiday Momentum
Palantir shares advanced Friday following a rare two-level upgrade from Freedom Capital Markets, which maintained a $170 price target. U.S. markets are closed Monday for the Presidents Day holiday.
Amazon's $200B AI Spending Plan Weighs on Shares as Investors Await Returns
Amazon shares have declined nearly 14% in 2026 following its $200 billion artificial intelligence capital expenditure announcement, with investors concerned about the timeline for returns. The stock closed at $198.79 ahead of the Presidents Day market holiday.
Microsoft's AI Investment Concerns Weigh on Stock Ahead of Trading Resumption
Microsoft stock closed at $401.32, down 17% year-to-date, erasing $613 billion in market value. Investors are focused on AI spending efficiency and competitive threats ahead of Tuesday's market restart.
Micron's India Chip Plant Launch Imminent Amid Market Holiday
Micron Technology is set to commence operations at its new semiconductor assembly and testing facility in Gujarat, India, before month-end. The $2.75 billion project comes online as U.S. markets observe a holiday.
Tesla Stock Holds Near $417 Amid Holiday Pause; Software Shift in Focus
Tesla stock edged up slightly to $417.44 on Friday before U.S. markets closed for Presidents Day. The company is shifting its Full Self-Driving sales to a subscription model and recently reported its first annual revenue decline.
HSBC Upgrade Lifts CrowdStrike Ahead of Key Earnings Report
CrowdStrike shares climbed 4.4% to $429.64 Friday following an HSBC upgrade to 'buy' with a $446 price target. The cybersecurity firm reports earnings March 3 during a holiday-shortened trading week.
Uber Targets $1B European Delivery Expansion Amid CFO Transition
Uber Technologies is expanding its Uber Eats service to seven additional European countries, aiming for $1 billion in extra gross bookings over three years. The move comes as the company prepares for a CFO transition and awaits approval for a Türkiye delivery acquisition.
Qualcomm Gains Ahead of Holiday, Memory Shortage Weighs on Outlook
Qualcomm shares advanced 1.6% Friday, closing at $140.70 with 13.1 million shares traded. Markets are closed Monday for Presidents Day, with focus on persistent memory-chip shortages impacting smartphone chipmakers.
Shopify Initiates $2 Billion Share Buyback Amid Growth and Margin Focus
Shopify launches a $2 billion share repurchase program starting February 17, with no set expiration date. The move follows a quarter of 31% revenue growth but comes alongside guidance for reduced free cash flow margins.