Articles by Sarah Chen
AI Chip Rally Diverges as Investors Focus on Hardware Enablers
Nvidia led AI chip stocks higher, while Micron fell on memory demand concerns. Investors are differentiating between companies enabling AI infrastructure and those potentially disrupted by the technology.
Bitcoin Retreats Below $70K Amid Regulatory Concerns and Key U.S. Data
Bitcoin declined nearly 3% to $69,317, falling under the $70,000 threshold as traders await crucial U.S. economic reports. South Korean regulators called for stricter cryptocurrency oversight following a Bithumb exchange error.
Palantir Rebounds as Software Selloff Subsides; Focus Shifts to Upcoming Data
Palantir shares climbed nearly 3% Monday, recovering from last week's sector-wide decline driven by AI legal tools. The company recently issued strong revenue guidance and reported a 66% surge in U.S. government sales.
TeraWulf Soars on Morgan Stanley's Bullish Data Center Outlook
TeraWulf shares surged 11.5% after Morgan Stanley initiated coverage with an Overweight rating and a $37 price target, highlighting the company's data center expansion. The move comes despite a 2.4% decline in Bitcoin.
MicroStrategy Shares Dip as Company Adds Bitcoin Using Stock Sale Proceeds
MicroStrategy shares fell 2% after the company disclosed it sold $89.5 million in stock to purchase 1,142 bitcoin. The firm now holds over 714,000 bitcoin as investors await key U.S. economic data.
XRP Retreats to $1.44 Amid Exchange Scrutiny and Mixed Fund Flows
XRP declined 1.5% to $1.44, extending a weekly loss near 12%. Regulatory concerns intensified after a South Korean exchange error, while XRP-focused investment products attracted $63 million.
Alphabet Considers $15 Billion Bond Offering to Fuel AI Expansion
Alphabet's shares declined slightly as reports emerged of a potential $15 billion bond sale to fund AI infrastructure. Investors are also monitoring upcoming U.S. economic data and a key legal trial.
Alphabet Shares Dip on $15B Bond Offering, Texas Power Deal
Alphabet shares fell 2.5% to $322.86 in early trading following news of a planned $15 billion bond sale and a major Texas data-center power agreement. Investors are weighing the company's capital needs against broader tech sector caution.
Microsoft Shares Climb Amid Analyst Downgrade and Cloud Reliability Concerns
Microsoft stock advanced 1.8% to $401.14 in early Monday trading, defying broader market weakness, following a Stifel downgrade citing AI competition and cloud constraints.
MicroStrategy Shares Slide 7% as New Bitcoin Purchase Highlights Dilution Concerns
MicroStrategy's stock fell sharply after the company disclosed it bought $90 million worth of Bitcoin, funded primarily through the sale of over 600,000 shares, refocusing investor attention on equity dilution.
Amazon Shares Drop on AI Spending Concerns, Investors Eye Key Data
Amazon stock fell sharply as investors weigh a $200 billion capital expenditure plan and a decline in free cash flow. The company's cloud unit deepened a chip supply deal with STMicroelectronics.