Articles by Sarah Chen
Bitcoin Reclaims $68K on Geopolitical Easing, ETF Inflows Return
Bitcoin climbed past $68,000 Tuesday, buoyed by geopolitical optimism and a return to net inflows for U.S. spot ETFs. Ether gained 2.8% to $2,096.20.
NIO Launches Costa Rica Showroom, Accelerating Americas Expansion
NIO has inaugurated its first retail location in the Americas in Costa Rica, introducing its NIO, ONVO, and Firefly brands. The move follows a quarter of surging deliveries and revenue.
Snap Shares Surge on Activist Investor's Strategic Demands
Snap shares jumped 12% to $4.50 after activist investor Irenic Capital revealed a 2.5% economic interest and called for a business overhaul. The investor pressed for a review of the AR glasses unit, deeper cost reductions, and governance changes.
Rocket Lab Gains German Nod for Mynaric Takeover, Shares Rally
Rocket Lab received German regulatory clearance to acquire Mynaric in a $75 million deal, sending its shares up 6.7%. The acquisition establishes Rocket Lab's first European base in Munich.
Nvidia Invests $2 Billion in Marvell to Expand AI Networking Partnership
Nvidia has committed $2 billion to Marvell Technology, deepening their partnership in custom AI chips and high-speed networking. Marvell projects fiscal 2027 revenue near $11 billion following record 2026 sales.
Oracle Restructuring Hits India as AI Spending Plan Reaches $50 Billion
Oracle has begun workforce reductions in India as part of a broader restructuring effort, with estimated costs reaching $2.1 billion. The company continues its aggressive $50 billion capital expenditure plan for artificial intelligence data centers.
Broadcom Tops AI Chip Picks as Custom Silicon Race Heats Up
Broadcom emerged as the favored AI stock pick over Oracle and Marvell in Monday's commentary, highlighted by its 106% quarterly AI revenue surge. Analysts cited its scale and custom chip portfolio as key advantages.
XRP Holds $1.34 Amid Regulatory Uncertainty and High Leverage
XRP traded around $1.34 on Monday, recovering from a weekend dip while open interest in derivatives reached $2.55 billion. The token remains 63% below its 2025 peak amid regulatory uncertainty and fund outflows.
Bitcoin Recovers to $67K on Geopolitical Hopes, ETF Outflows Weigh
Bitcoin regained ground toward $67,000 Monday following diplomatic comments on Iran, though significant ETF outflows limited the rally. Ether outperformed with a 2.4% gain.
Investors Shift AI Focus from Megacaps to Supply Chain and Broad Tech ETFs
Broad technology ETFs are gaining favor over targeted AI funds as investors diversify beyond megacap platforms. U.S. equity inflows hit $37.24 billion last week while tech funds saw outflows.
Wells Fargo Lifts Alphabet Target to $397, Citing Cloud Momentum from Wiz and AI Chips
Wells Fargo increased its price target on Alphabet to $397, maintaining an Overweight rating, as Google Cloud shows robust growth and integrates its $32 billion Wiz acquisition.
Meta Ties Executive Pay to $9 Trillion Valuation Amid Legal Headwinds
Meta Platforms has structured new stock option awards for six senior leaders around an ambitious share price goal that would elevate its market valuation beyond $9 trillion by 2031. The move comes as the company confronts significant legal challenges, including two recent jury verdicts totaling $381 million related to child safety on its platforms.