Articles by Sarah Chen
Nokia Shares Retreat on Insider Sale and Broker Downgrade
Nokia shares fell in Helsinki trading following an insider sale by senior manager Raghav Sahgal and a rating downgrade from DNB Carnegie. The dip interrupts a 20% year-to-date surge fueled by AI and data-center contracts.
Ondas Gains on Defense Acquisitions and Revenue Beat
Ondas Holdings shares advanced following its acquisition of missile-defense firm BIRD Aerosystems and a $15.8 million demining order. The company also raised its revenue outlook for the fourth quarter and full year 2025.
Nvidia Invests $2B in AI Cloud Firm Nebius Ahead of GTC Conference
Nvidia announced a $2 billion investment in AI cloud provider Nebius, keeping its stock price around $185. The move comes just before its GTC conference, where CEO Jensen Huang will outline the chipmaker's future strategy.
XRP Consolidates Near $1.38 Amid Australian License Bid and CPI Caution
XRP held near $1.38, retreating from a $1.44 peak, as Ripple moved to acquire a payments firm for an Australian license. The broader cryptocurrency market declined ahead of key U.S. inflation figures.
Bitcoin Retreats Under $70K Ahead of Key Inflation Data, Geopolitical Tensions Weigh
Bitcoin declined 1.9% to $69,560, slipping below the $70,000 threshold as market participants reduced risk exposure ahead of the U.S. inflation report and amid ongoing geopolitical concerns.
Nubank Appoints Ex-TikTok Marketing Chief Amid Global Expansion Drive
Nu Holdings has named former TikTok and Google executive Kim Farrell as its global marketing director, signaling an intensified push beyond Latin America. The move comes as the digital bank reports a 45% revenue surge to $4.86 billion for the fourth quarter.
UiPath Achieves AI Safety Certification Ahead of Q4 Earnings Report
UiPath has obtained AIUC-1 certification for its AI agents, positioning itself as the first enterprise automation platform to meet this safety benchmark. The announcement comes just before the company's fourth-quarter earnings report, with shares declining slightly in late trading.
Ford Boosts Explorer EV Range Amid European Market Shakeup
Ford Motor has enhanced its all-electric Explorer for Europe, introducing a lithium iron phosphate battery that extends range to 444 km. The update comes as the automaker and rivals Renault and Volkswagen navigate tepid EV demand and intensifying competition from Chinese manufacturers.
Ondas Secures $15.8M Israeli Demining Contract Following Merger Announcement
Ondas Holdings' defense unit secured a $15.8 million initial contract for demining operations along the Israel-Syria border. The award follows the company's merger announcement with Mistral Inc. and upgraded revenue guidance.
Plug Power Pursues Major PJM Power Deal to Fuel AI Data Center Growth
Plug Power is negotiating to supply up to 250 megawatts of electricity to the PJM Interconnection market, focusing on data center operators and utilities with long-term contracts. The move aligns with surging power demand driven by AI and comes as the company reports improved 2025 financial results.
SoFi Shares Dip Amid CEO Purchase and Mastercard Stablecoin Partnership
SoFi Technologies shares fell in late trading Tuesday, even after CEO Anthony Noto increased his stake and the company announced a Mastercard partnership for its stablecoin. The fintech sector broadly weakened.