Articles by Sarah Chen
Bitcoin Dips as Fed Signals Higher Rates, ETF Outflows Mount
Bitcoin retreated to $64,215 after the Federal Reserve's hawkish stance, with $82.2 million exiting spot bitcoin ETFs and Strategy shares falling 5.2%.
XRP Breaches $1.20 Support as Hawkish Fed Lifts Dollar
XRP dropped below $1.20 support to $1.17 after the Fed's hawkish stance boosted the dollar, triggering selling and underperformance versus Bitcoin and Ether.
Meta shares recover from selloff as AI spending concerns persist
Meta shares rebounded in premarket trading Thursday after a 5.4% decline, as markets digest the exit of AI executive Emily Dalton Smith and ongoing restructuring.
Alphabet Stock Dips as Gemini Co-Lead Departs for OpenAI
Alphabet shares edged lower after Gemini AI co-lead Noam Shazeer moved to OpenAI, sparking worries about Google's AI momentum and talent retention.
Snap Stock Plunges 8% on $2,195 AR Spectacles Launch, Investor Skepticism
Snap shares tumbled 8.1% after launching $2,195 Specs AR glasses, as investors question the device's ability to revive growth without draining cash.
Smartbird Soars 39% as Ex-Allbirds Pivots to AI Infrastructure
Smartbird shares surged 39.09% to $5.48 after completing its pivot from Allbirds to AI infrastructure, naming ex-AWS executive Nadia Carlsten CEO and doubling convertible financing to $100 million.
Kazakhstan Unveils $10B AI Data Center Plan With Nvidia Partnership
Kazakhstan announced a $10 billion AI data center project with Nvidia and Firebird, starting with a 125-MW site in Ekibastuz and commercial operations expected in 2027.
OpenAI Lands Google's Noam Shazeer in AI Talent Coup
OpenAI has hired Noam Shazeer, Google's Gemini co-lead, as its architecture research lead, marking a significant talent win as AI competition heats up.
