Articles by Sarah Chen
CoreWeave Shares Surge 8.5% Amid AI Sector Momentum Ahead of Earnings
CoreWeave's stock climbed 8.5% to $97.56 on heavy volume as the AI infrastructure firm prepares to report quarterly results later this month, navigating legal and insider sale disclosures.
Oracle Shares Surge 10% Amid Analyst Split Over AI Strategy and Funding Plans
Oracle's stock rebounded sharply in Monday trading, climbing 10% to $157.05 as analysts diverged on its AI exposure and cash flow outlook. The company plans to raise up to $50 billion in 2026.
Amazon's $200B AI Spending Plan Sparks Analyst Debate and Stock Volatility
Amazon shares declined as Bank of America cut its price target, citing concerns over a planned $200 billion capital expenditure for 2026 and weakening free cash flow. Analysts remain divided on the stock's outlook amid heavy AI investment.
Lumentum Surges 7% on AI Optics Demand, Convertible Debt Risk in Focus
Lumentum shares climbed over 7% Monday, extending gains on strong AI data-center optics forecasts. A recent filing highlighted liquidity risks if convertible note holders exercise early conversion rights amid the stock rally.
Apollo Nears $3.4B AI Chip Lease for xAI as Alphabet Plans $15B Bond for Infrastructure
Apollo Global Management is finalizing a $3.4 billion loan to acquire Nvidia processors for leasing to Elon Musk's xAI, while Alphabet considers a $15 billion bond sale to fund AI infrastructure. Investors are watching whether custom chips from Broadcom and Google can challenge Nvidia's dominance.
Coinbase Gains Despite Nevada Legal Setback, Eyes on Earnings
Coinbase shares edged higher as a federal judge dismissed its bid to block Nevada enforcement over event contracts. The crypto exchange's quarterly results, due Thursday, are seen as a key market catalyst.
AI Chip Rally Diverges as Investors Focus on Hardware Enablers
Nvidia led AI chip stocks higher, while Micron fell on memory demand concerns. Investors are differentiating between companies enabling AI infrastructure and those potentially disrupted by the technology.
Bitcoin Retreats Below $70K Amid Regulatory Concerns and Key U.S. Data
Bitcoin declined nearly 3% to $69,317, falling under the $70,000 threshold as traders await crucial U.S. economic reports. South Korean regulators called for stricter cryptocurrency oversight following a Bithumb exchange error.
Palantir Rebounds as Software Selloff Subsides; Focus Shifts to Upcoming Data
Palantir shares climbed nearly 3% Monday, recovering from last week's sector-wide decline driven by AI legal tools. The company recently issued strong revenue guidance and reported a 66% surge in U.S. government sales.
TeraWulf Soars on Morgan Stanley's Bullish Data Center Outlook
TeraWulf shares surged 11.5% after Morgan Stanley initiated coverage with an Overweight rating and a $37 price target, highlighting the company's data center expansion. The move comes despite a 2.4% decline in Bitcoin.
MicroStrategy Shares Dip as Company Adds Bitcoin Using Stock Sale Proceeds
MicroStrategy shares fell 2% after the company disclosed it sold $89.5 million in stock to purchase 1,142 bitcoin. The firm now holds over 714,000 bitcoin as investors await key U.S. economic data.