Articles by Sarah Chen
Super Micro's Margin Pressure Weighs on Shares Despite AI Demand Surge
Super Micro Computer shares declined as investors focused on shrinking profit margins, overshadowing strong revenue growth tied to AI server demand.
Ripple Expands Custody Services Amid XRP Price Volatility and CPI Watch
XRP declined 0.3% to $1.44, extending a weekly loss of 12%, as Ripple announced new custody partnerships with Securosys and Figment. XRP investment products saw $63.1 million in inflows last week despite broader crypto outflows.
Bitcoin Retreats Near $70K Amid Dollar Volatility and Key U.S. Data Anticipation
Bitcoin declined 1.2% to $70,366, trading between $68,371 and $72,024 as investors awaited U.S. inflation and jobs reports. Ether gained 0.7% to $2,127.86.
Analog Devices Gains as UBS Lifts Target to $400 Ahead of Key Earnings
Analog Devices (ADI) shares advanced after UBS raised its price target to $400, citing strong data center and aerospace demand. Investor focus now shifts to the company's fiscal Q1 report due February 18.
Qualcomm Gains on 2nm Chip Milestone Amid Memory Supply Concerns
Qualcomm shares advanced 0.9% after announcing a key 2-nanometer chip design achievement from its India engineering centers, partially recovering from last week's decline. The company continues to face headwinds from memory chip shortages impacting smartphone production.
Texas Instruments Stock Dips Amid Governance Shift and Acquisition Scrutiny
Texas Instruments shares edged lower after the company amended its bylaws to direct shareholder litigation to specific courts, while investors assess its $7.5 billion Silicon Labs acquisition and reduced capital spending outlook.
Roblox Jumps on Roth MKM Upgrade, Eyes CPI Data
Roblox shares climbed approximately 10% Monday after Roth MKM upgraded the stock to 'buy' and lifted its price target to $84, extending a rally fueled by a strong long-term bookings outlook.
Salesforce Shares Rebound Amid AI Spending Concerns; Super Bowl Marketing Blitz Draws Attention
Salesforce stock gained 1.6% in volatile trading as investors assess AI's impact on software models. A high-profile Super Bowl campaign with MrBeast attracted over 53 million visits.
GE Vernova Shares Gain on Long-Term Turbine Reservation and UK Plant Upgrade
GE Vernova stock rose 3.6% after securing a turbine slot reservation for a 2030 delivery and completing an efficiency upgrade at a UK power plant, highlighting strong demand for long-cycle energy equipment.
AppLovin Rebounds as Report Retracted, Jefferies Sees Buying Chance
AppLovin shares surged over 13% after CapitalWatch retracted parts of a critical report. Jefferies maintained a Buy rating with an $860 target ahead of Wednesday's earnings.
Lam Research Shares Dip Amid Economic Data Watch, Bernstein Bullish on Chip Equipment
Lam Research stock declined slightly despite Bernstein raising its price target to $285, as investors await key U.S. jobs and inflation reports this week.