Articles by Sarah Chen
China Mobile A-Shares Dip as BeiDou Satellite Service and Tax Hike Weigh on Telecom Outlook
China Mobile's A-shares edged lower ahead of the weekend, with investors eyeing the rollout of BeiDou satellite messaging and potential margin pressure from a higher VAT rate on telecom services.
CATL Gains on Sodium-Ion Battery Partnership with Changan Ahead of Earnings
CATL shares advanced 1.7% in Shenzhen as the battery maker's sodium-ion collaboration with Chanan Auto drew investor focus. Attention now turns to Monday's market reopening and the upcoming March earnings report.
Intel Surges 4.9% to $50.59 Amid AI Investment Buzz, China Supply Concerns
Intel shares rallied nearly 5% to $50.59 Friday as reports of server chip shortages in China and a planned AI investment attracted buyers. Key U.S. economic data due next week could impact tech stocks.
Alibaba's AI App Surge Drives Stock Gains Ahead of Earnings
Alibaba's U.S.-listed shares rose 3% after its Qwen AI app giveaway triggered massive demand and service disruptions in China. Investors now await the company's February 19 earnings report.
Cloud Stocks Rally Despite Amazon's Massive Capex Plan
Cloud ETFs gained Friday as investors weighed AI's impact on software growth. Amazon fell sharply after projecting $200 billion in 2026 capital expenditures.
Bitcoin Hovers Near $69K Ahead of Market Reopen, ETF Flows Reverse
Bitcoin declined 1.1% to $68,917 in weekend trading as market participants await Monday's U.S. session and key inflation data. Spot bitcoin ETFs saw $330.7 million in net inflows on Feb. 6, reversing outflows from the prior day.
XRP Dips to $1.42 Amid Weekend Volatility, Extending Weekly Slide
XRP declined approximately 5% to trade near $1.42 on Saturday, extending a weekly loss of 22% as thin liquidity amplified price swings. Bitcoin recovered above $70,000, while Ripple unveiled an Institutional DeFi roadmap.
Oracle Shares Bounce Back Amid $20 Billion Equity Offering Plan
Oracle's stock ended an eight-day losing streak, rising 4.65% to $142.82, as the company outlines a $20 billion share-sale program to fund cloud expansion. Investors are weighing dilution risks against growth needs.
ASML Shares Surge on AI Spending Optimism, Dividend Date Nears
ASML stock rallied sharply Friday, lifted by a rebound in chip stocks following Amazon's plans to boost AI capital expenditures. The company's interim dividend ex-date is set for February 9.
Tencent Shares Decline Amid AI Security Concerns and Chip Supply Constraints
Tencent stock dropped 2% in Hong Kong trading, pressured by regulatory warnings over an AI agent and reported server CPU shortages from Intel and AMD affecting data center operations.