Articles by Sarah Chen
Adobe Shares Dip Amid Tech Rally, Semrush Merger Advances
Adobe stock closed lower Friday, underperforming a broader tech surge as investors await key economic data and the company's upcoming earnings. Shareholders approved the $1.9 billion Semrush acquisition.
Snowflake Shares Surge 7.5% Amid Tech Rebound, Eyes on AI Strategy
Snowflake stock rallied 7.5% to $168.43 Friday, tracking a broader tech recovery. The company's upcoming earnings and a major OpenAI partnership are in focus.
CrowdStrike Shares Rebound, Halting Seven-Day Decline Amid Sector Recovery
CrowdStrike Holdings surged 4.9% to $395.50 on Friday, ending a seven-session losing streak as cybersecurity stocks rebounded with the broader market.
Gold.com Soars on Tether Investment and Q2 Results
Gold.com shares surged nearly 10% after announcing a $150 million private placement with Tether and reporting quarterly revenue of $6.48 billion. The deal includes a board seat and a gold leasing facility.
ASML Shares Surge on AI Infrastructure Spending Boost, Key Data and Dividend Dates Loom
ASML's U.S.-listed shares climbed 4.6% Friday, mirroring a broad semiconductor rally after Amazon and Alphabet signaled increased AI infrastructure investment. Key U.S. jobs and inflation data are due next week alongside the company's dividend schedule.
Nvidia Leads Chip Rally as AI Spending Surge Rekindles Investor Interest
Nvidia shares surged nearly 8% on Friday, fueling a broad semiconductor rally as fresh signals of sustained AI hardware investment from major tech firms boosted sentiment. The Dow Jones Industrial Average closed above 50,000 for the first time.
Microsoft to Halt New Legacy Printer Driver Updates for Windows 11 in 2026
Microsoft will cease publishing new third-party V3/V4 printer drivers to Windows Update for Windows 11 and Windows Server 2025+ starting January 15, 2026, as part of a shift to a modern print platform.
Meta's AI Ambitions Spark Investor Concern Over Soaring Capital Expenditure
Meta shares declined as the company projected 2026 capital spending could reach $135 billion, nearly double its 2025 forecast, raising investor anxiety about AI investment returns.
Singtel Shares Dip Amid $6.6B Data Center Acquisition with KKR
Singapore Telecommunications shares fell 1.3% to S$4.72 following announcement of a S$6.6 billion cash deal to acquire ST Telemedia Global Data Centres with KKR.
Tech Selloff Drags WiseTech Global Lower Ahead of Earnings
WiseTech Global shares fell sharply amid a broad tech sector decline, with investors reassessing AI's impact. The company reports half-year results on February 25.
Sprinklr Shares Plunge, Analysts See Undervaluation Amid AI Integration Push
Sprinklr stock drops 21% in a month, trading near $6, while analysts estimate intrinsic value around $11. The AI customer experience platform expands AI features as European banks push for faster IPO processes.
Tower Semiconductor Surges on Nvidia AI Networking Partnership Ahead of Earnings
Tower Semiconductor shares climbed 7.7% to $139.04 following a collaboration announcement with Nvidia on AI data-center optical modules. Investors now await the company's Feb. 11 earnings report for details on the photonics business ramp.