Articles by Sarah Chen
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.
Oracle Shares Surge 8% on Analyst Upgrade Amid AI Sector Uncertainty
Oracle's stock rallied sharply after DA Davidson upgraded it to 'buy,' contrasting with a downgrade from Melius. Investors are weighing the company's cloud funding plans against AI-driven sector volatility.
ServiceNow Shares Rebound Amid Software Sector Volatility
ServiceNow stock gained 2.3% as software stocks stabilized following a sharp selloff. Investors remain focused on AI's impact on software business models.
AppLovin Surges 12% as Jefferies Sees Dip as Entry Point Ahead of Earnings
AppLovin shares rallied sharply after Jefferies reiterated a Buy rating, calling the stock's recent decline a buying opportunity. Investors now await the company's quarterly results and forward guidance.
Western Digital Gains on Early Debt Redemption, Investors Eye Economic Data
Western Digital shares advanced 2.7% after the company secured funds to retire its 2026 senior notes ahead of schedule. Market participants are awaiting key U.S. employment and inflation reports this week.
CoreWeave Shares Surge 8.5% Amid AI Sector Momentum Ahead of Earnings
CoreWeave's stock climbed 8.5% to $97.56 on heavy volume as the AI infrastructure firm prepares to report quarterly results later this month, navigating legal and insider sale disclosures.
Oracle Shares Surge 10% Amid Analyst Split Over AI Strategy and Funding Plans
Oracle's stock rebounded sharply in Monday trading, climbing 10% to $157.05 as analysts diverged on its AI exposure and cash flow outlook. The company plans to raise up to $50 billion in 2026.
Amazon's $200B AI Spending Plan Sparks Analyst Debate and Stock Volatility
Amazon shares declined as Bank of America cut its price target, citing concerns over a planned $200 billion capital expenditure for 2026 and weakening free cash flow. Analysts remain divided on the stock's outlook amid heavy AI investment.
Lumentum Surges 7% on AI Optics Demand, Convertible Debt Risk in Focus
Lumentum shares climbed over 7% Monday, extending gains on strong AI data-center optics forecasts. A recent filing highlighted liquidity risks if convertible note holders exercise early conversion rights amid the stock rally.
Apollo Nears $3.4B AI Chip Lease for xAI as Alphabet Plans $15B Bond for Infrastructure
Apollo Global Management is finalizing a $3.4 billion loan to acquire Nvidia processors for leasing to Elon Musk's xAI, while Alphabet considers a $15 billion bond sale to fund AI infrastructure. Investors are watching whether custom chips from Broadcom and Google can challenge Nvidia's dominance.
Coinbase Gains Despite Nevada Legal Setback, Eyes on Earnings
Coinbase shares edged higher as a federal judge dismissed its bid to block Nevada enforcement over event contracts. The crypto exchange's quarterly results, due Thursday, are seen as a key market catalyst.