Articles by Sarah Chen
Alibaba Shares Rebound as AI App Frenzy Meets Technical Hiccups Ahead of Earnings
Alibaba's U.S.-listed stock rose 3% Friday, halting a six-session decline amid a broader tech rally. Its Qwen AI app surged to the top of China's App Store following a massive giveaway, but outages and platform restrictions marred the launch.
Oracle Shares Rebound on $50 Billion Cloud Funding Plan
Oracle stock surged 4.6% to $142.82, ending an eight-day losing streak after announcing plans to raise up to $50 billion for cloud expansion in 2026.
Oracle Rebounds on $50B Cloud Funding Plan, Ending 8-Day Decline
Oracle shares surged 4.6% to $142.82 Friday, halting an eight-session losing streak. The rally followed the company's announcement of plans to raise $45–$50 billion in 2026 to expand its cloud infrastructure.
ASML Rides Chip Rally Ahead of Key Economic Data and Dividend Date
ASML shares surged 4.6% on Friday, mirroring a 5.7% gain in the semiconductor index, as investors returned to AI-related stocks. Attention now turns to upcoming U.S. jobs data and the company's ex-dividend dates.
Samsung Eyes HBM4 Production Start for Nvidia Amid Market Scrutiny
Samsung Electronics is reportedly preparing to begin mass production of HBM4 memory chips for Nvidia later this month, with shipments expected after the Lunar New Year holiday.
Tencent's AI Cash Splash Meets WeChat Limits as Tech Sector Slips
Tencent shares fell 1.97% to HK$547.50 Friday amid a 1-billion-yuan AI giveaway and WeChat promotion restrictions, with the Hang Seng TECH Index dropping 1.11%.
Tesla shares gain 3.5% on solar and AI developments, but weekly loss persists
Tesla stock closed at $411.11 Friday, rising 3.5% but still down 4.5% for the week. The company announced a 100GW U.S. solar manufacturing target and is operating an AI training center in China for assisted driving.
Meta Shares Dip Amid AI Spending Concerns and European Regulatory Pressure
Meta Platforms stock declined 1.3% as investors weigh the impact of massive AI capital expenditures and potential new European restrictions on youth social media access.
Bitcoin Stabilizes Above $70K After Volatile Week as Regulatory Shifts Unfold
Bitcoin held above $71,000 after a turbulent week that saw prices briefly dip below $60,000. The market faces reduced liquidity and leverage unwinds amid new stablecoin legislation and a shifting U.S. regulatory landscape.