Articles by Sarah Chen
IREN Shares Dip Amid Bitcoin Slide, AI Cloud Expansion in Focus
IREN shares fell premarket following a quarterly loss and declining bitcoin mining revenue, while investors assess its $3.6B GPU financing for AI cloud growth.
MARA Dips on Morgan Stanley's Underweight Initiation; Bitcoin Retreats Ahead of Key U.S. Data
MARA Holdings fell 3.3% in premarket trading after Morgan Stanley started coverage with an Underweight rating and $8 target. Bitcoin declined roughly 3% to near $69,000, weighing on crypto-linked equities.
Ondas Secures $30M Israeli Demining Contract, Shares Edge Higher
Ondas Holdings' autonomous systems unit won a multi-year demining contract valued over $30 million in Israel, sending shares up slightly in premarket trading.
Bitmine Shares Dip Premarket as $10B Crypto Treasury Highlights Ether Focus
Bitmine Immersion Technologies shares fell approximately 3% in premarket trading after disclosing $10 billion in combined crypto and cash holdings, including over 4.3 million ether tokens.
Snap Shares Gain on Gucci's AI Lens Launch Amid Economic Data Watch
Snap stock rose 0.8% in premarket trading after Gucci debuted a generative AI-powered ad lens on Snapchat. Investors are eyeing upcoming U.S. jobs and inflation reports for market direction.
Intel Shares Steady Near $50.60 as Market Awaits Key Data, Nvidia Results
Intel stock held around $50.59 in premarket trading following a 4.9% Friday rally, with chip sector sentiment cautious ahead of delayed U.S. economic reports and Nvidia's upcoming earnings.
Amazon's $200B AI Investment Plan Weighs on Shares Amid Cash Flow Concerns
Amazon shares held steady in premarket trading after a sharp Friday decline, as investors digest the company's plan to boost capital spending to $200 billion by 2026, primarily for AI infrastructure.
Alibaba's AI Shopping Stumble, Regulatory Scrutiny Weigh on Shares
Alibaba's U.S.-listed shares dipped in premarket trading following technical issues with its Qwen AI shopping promotion and regulatory summons for its Amap ride-hailing unit over pricing practices.
ASML Shares Edge Lower on Ex-Dividend Date Amid Key European Chip Initiative Launch
ASML shares declined approximately 0.9% in Amsterdam trading as the stock traded ex-dividend. The move coincided with the launch of a €2.5 billion European semiconductor pilot line, where ASML is the largest private contributor.
Corning Gains in Premarket Following Record High, Fueled by Meta Data Center Partnership
Corning shares advanced 1.8% in premarket trading after reaching an all-time closing high Friday, driven by a multi-billion dollar optical fiber supply agreement with Meta Platforms.
XRP Retreats Amid Macro Jitters and Thin Liquidity
XRP fell roughly 4% to $1.38, tracking broader crypto weakness ahead of key U.S. economic data. Analysts warn thin market depth is amplifying price swings.