Articles by Sarah Chen
CoreWeave Gains 2.3% as Rescale Adds AI Cloud for Five Industries
CoreWeave (CRWV) shares climbed 2.3% as Rescale launched AI cloud services for five industries, broadening its workload mix beyond AI training.
Strive Stock Surges 9% on Bitcoin Buy, But Per-Share Gains Limited
Strive (ASST) shares jumped 9% after its latest Bitcoin purchase, but per-share gains were limited by dilution and preferred share claims.
Navitas Surges 5% on $233M Claros Buyout to Power AI Chips
Navitas Semiconductor (NVTS) rose 5.3% after announcing the $232.8M acquisition of Claros, a move to enhance AI chip power delivery. The deal expands Navitas's market opportunity by $3.5B but introduces dilution and execution risks.
AMD Soars 4% on Strong Buy Upgrade; Server CPU Market Seen at $201B
AMD shares rose 4.3% after Raymond James upgraded to Strong Buy, lifting its price target to $641. The firm forecasts the server CPU market to reach $201B by 2030.
Supermicro Soars 9% on Cisco AI Server Distribution Deal
Supermicro shares surged 9% after Cisco announced it will sell its AI servers starting in October, adding about $1.96 billion to SMCI's market cap.
Rezolve AI Surges 22% on Google Cloud Deal, Adds $209M Market Cap
Rezolve AI shares jumped 21.56% to $2.955 after Google Cloud selected its database platform, adding $209M in market value. Contract terms were not disclosed.
BitMine Shares Edge Up as Ether Treasury Narrows Gap to Market Cap
BitMine's stock rose 1.28% to $24.45 as its $14.9B Ether treasury nearly matches its $14.75B market cap, amplifying sensitivity to ETH price swings.
Apple's Mac Mini Price Hike Tests AI Developer Demand
Apple's M6 Mac mini starts at $899, a 12.5% increase, as Mac revenue surges 29% to $10.35B. Investors show little reaction, but analysts remain split.
Microsoft's MW4 Beta Draws Mixed Reviews as Xbox Seeks Content Revival
Microsoft's Modern Warfare 4 free beta kicks off Friday amid mixed Steam reviews and a 10% drop in Xbox content revenue. The game's performance is key to Microsoft's gaming recovery.
Strategy's 33% Rebound Faces $2B Dilution Test
Strategy sold $2.01B in new shares last week, boosting cash to $6.69B but buying no bitcoin. MSTR surged 33% since Aug 18, yet dilution tests the rally.
Robinhood Stock Retreats After Record Surge as Regulatory Hopes Meet Revenue Reality
Robinhood shares eased 1.1% premarket Monday after a 13.7% surge, as investors balance regulatory optimism with a 62% year-over-year drop in crypto volume.
Bitcoin Rally Boosts MicroStrategy Holdings Above Cost Basis
Bitcoin's 22% weekly surge has lifted MicroStrategy's (MSTR) bitcoin holdings above their average cost, with shares jumping 29% as the company's strategy gains traction.