Articles by Sarah Chen
Micron Shares Rebound on Samsung HBM4 Production News, Focus Turns to Upcoming Conference
Micron Technology's stock reversed premarket losses, rising roughly 3% early Monday as reports surfaced about Samsung's HBM4 production plans. Investors now await the company's Feb. 11 conference appearance for further direction.
Tesla Shares Climb on Musk's Semi Production Update Amid Market Focus on Economic Data
Tesla stock gained over 3% after CEO Elon Musk announced high-volume production plans for the Semi truck this year, while broader markets rose ahead of key U.S. jobs and inflation reports.
IREN Shares Dip Amid Bitcoin Slide, AI Cloud Expansion in Focus
IREN shares fell premarket following a quarterly loss and declining bitcoin mining revenue, while investors assess its $3.6B GPU financing for AI cloud growth.
MARA Dips on Morgan Stanley's Underweight Initiation; Bitcoin Retreats Ahead of Key U.S. Data
MARA Holdings fell 3.3% in premarket trading after Morgan Stanley started coverage with an Underweight rating and $8 target. Bitcoin declined roughly 3% to near $69,000, weighing on crypto-linked equities.
Ondas Secures $30M Israeli Demining Contract, Shares Edge Higher
Ondas Holdings' autonomous systems unit won a multi-year demining contract valued over $30 million in Israel, sending shares up slightly in premarket trading.
Bitmine Shares Dip Premarket as $10B Crypto Treasury Highlights Ether Focus
Bitmine Immersion Technologies shares fell approximately 3% in premarket trading after disclosing $10 billion in combined crypto and cash holdings, including over 4.3 million ether tokens.
Snap Shares Gain on Gucci's AI Lens Launch Amid Economic Data Watch
Snap stock rose 0.8% in premarket trading after Gucci debuted a generative AI-powered ad lens on Snapchat. Investors are eyeing upcoming U.S. jobs and inflation reports for market direction.
Intel Shares Steady Near $50.60 as Market Awaits Key Data, Nvidia Results
Intel stock held around $50.59 in premarket trading following a 4.9% Friday rally, with chip sector sentiment cautious ahead of delayed U.S. economic reports and Nvidia's upcoming earnings.
Amazon's $200B AI Investment Plan Weighs on Shares Amid Cash Flow Concerns
Amazon shares held steady in premarket trading after a sharp Friday decline, as investors digest the company's plan to boost capital spending to $200 billion by 2026, primarily for AI infrastructure.
Alibaba's AI Shopping Stumble, Regulatory Scrutiny Weigh on Shares
Alibaba's U.S.-listed shares dipped in premarket trading following technical issues with its Qwen AI shopping promotion and regulatory summons for its Amap ride-hailing unit over pricing practices.
ASML Shares Edge Lower on Ex-Dividend Date Amid Key European Chip Initiative Launch
ASML shares declined approximately 0.9% in Amsterdam trading as the stock traded ex-dividend. The move coincided with the launch of a €2.5 billion European semiconductor pilot line, where ASML is the largest private contributor.
Corning Gains in Premarket Following Record High, Fueled by Meta Data Center Partnership
Corning shares advanced 1.8% in premarket trading after reaching an all-time closing high Friday, driven by a multi-billion dollar optical fiber supply agreement with Meta Platforms.