Articles by Sarah Chen
Bitmine Immersion Surges 18% as Crypto Markets Rebound, Setting Stage for Volatile Week
Bitmine Immersion Technologies shares soared 17.6% on Friday, mirroring a sharp recovery in major cryptocurrencies. The stock's heavy ether and bitcoin holdings make it a direct proxy for digital asset sentiment.
IREN Recovers 5% as Bitcoin Surpasses $70K, Eyes AI Growth Amid Volatility
IREN shares gained roughly 5% Friday, buoyed by Bitcoin's rebound above $70,000, while the company posted a quarterly net loss of $155.4 million. Investors await key U.S. economic data next week.
Ondas Shares Soar 14% on Defense Contract Momentum Ahead of Monday Session
Ondas Holdings Inc. surged 14.3% to $9.69 on heavy volume Friday, rebounding from earlier weekly losses as traders assessed new defense and drone contract announcements.
Bitcoin Miner MARA Surges 22% as Cryptocurrency Rebounds Past $70,000
MARA Holdings shares rallied sharply Friday, climbing 22.3% as bitcoin recovered above $70,000. The move followed significant on-chain transfers from MARA-linked wallets during the recent selloff.
Amazon Shares Drop on $200 Billion AI Investment Plan, Investors Eye Economic Data
Amazon stock fell 5.6% Friday as the company's plan to spend $200 billion on AI and cloud infrastructure in 2026 raised concerns over near-term returns. Key U.S. jobs and inflation reports are due next week.
Intel Surges Past $50 on AI Demand and Supply Constraints
Intel shares rallied 4.9% to close at $50.59, buoyed by reports of server CPU shortages in China and broader AI-related capital expenditure trends. The chipmaker also plans a $100 million investment in AI startup SambaNova Systems.
Adobe Shares Dip Amid Tech Rally, Semrush Merger Advances
Adobe stock closed lower Friday, underperforming a broader tech surge as investors await key economic data and the company's upcoming earnings. Shareholders approved the $1.9 billion Semrush acquisition.
Snowflake Shares Surge 7.5% Amid Tech Rebound, Eyes on AI Strategy
Snowflake stock rallied 7.5% to $168.43 Friday, tracking a broader tech recovery. The company's upcoming earnings and a major OpenAI partnership are in focus.
CrowdStrike Shares Rebound, Halting Seven-Day Decline Amid Sector Recovery
CrowdStrike Holdings surged 4.9% to $395.50 on Friday, ending a seven-session losing streak as cybersecurity stocks rebounded with the broader market.
Gold.com Soars on Tether Investment and Q2 Results
Gold.com shares surged nearly 10% after announcing a $150 million private placement with Tether and reporting quarterly revenue of $6.48 billion. The deal includes a board seat and a gold leasing facility.
ASML Shares Surge on AI Infrastructure Spending Boost, Key Data and Dividend Dates Loom
ASML's U.S.-listed shares climbed 4.6% Friday, mirroring a broad semiconductor rally after Amazon and Alphabet signaled increased AI infrastructure investment. Key U.S. jobs and inflation data are due next week alongside the company's dividend schedule.
Nvidia Leads Chip Rally as AI Spending Surge Rekindles Investor Interest
Nvidia shares surged nearly 8% on Friday, fueling a broad semiconductor rally as fresh signals of sustained AI hardware investment from major tech firms boosted sentiment. The Dow Jones Industrial Average closed above 50,000 for the first time.