Articles by Sarah Chen
Apple Shares Dip Slightly After Hours as Bernstein Boosts Target on AI Prospects
Apple shares edged lower in after-hours trading, while Bernstein raised its price target to $340, highlighting upcoming AI features and rising memory costs as key investor focuses.
Palo Alto Networks Shares Edge Lower as CyberArk Acquisition Nears Deadline
Palo Alto Networks stock dipped slightly in extended trading as Nasdaq set a halt for CyberArk ahead of the merger's expected close. Stifel reduced its price target ahead of earnings.
Micron Shares Slide on Concerns Over Nvidia HBM4 Allocation
Micron Technology's stock declined in after-hours trading following reports it may be excluded from initial HBM4 supply for Nvidia's upcoming 'Vera Rubin' AI platform.
Palantir Shares Decline Despite Daiwa Upgrade, Market Awaits Jobs Data
Palantir stock fell 2.3% to $139.63 Tuesday, ignoring a Daiwa upgrade to 'buy' with a $180 target. Investors held back ahead of key U.S. employment figures.
Aon Recovers from AI-Driven Selloff as Investors Weigh Brokerage Disruption
Aon shares rebounded 3.1% after Monday's sharp decline triggered by an AI-powered insurance comparison tool. The market is assessing whether such technology could pressure traditional broker fees.
Nebius Acquires AI Search Firm Tavily Ahead of Quarterly Earnings
Nebius Group shares gained approximately 1% following its agreement to purchase AI search provider Tavily. Investors now await Thursday's quarterly results for insights on demand and spending trends.
Uber shares dip on Dubai robotaxi launch and $335M Getir acquisition
Uber stock edged lower as the company announced plans to deploy Baidu's autonomous vehicles in Dubai and finalized a major acquisition of Getir's food delivery business in Turkey.
IBM Shares Decline on Ex-Dividend Day Amid AI Storage Launch
IBM stock fell 1.4% to $292.19, underperforming a flat market as it traded ex-dividend and introduced new agentic AI-powered FlashSystem storage products.
Applied Digital Ties Executive Equity to Hyperscaler Lease Milestones, Shares Volatile
Applied Digital shares experienced significant intraday volatility after an SEC filing revealed performance-based stock awards for top executives tied to securing long-term hyperscaler leases and data center capacity targets.
Cisco Unveils AI Networking Chip, Rivals Slip on China and Capex Concerns
Cisco introduced a new networking chip for AI data centers, intensifying competition with Nvidia and Broadcom. Meanwhile, AI hardware stocks faced pressure from U.S.-China licensing scrutiny and investor worries over capital spending.