Articles by Sarah Chen
POET Technologies Surges on Strong Balance Sheet, But Revenue Remains Key Test
POET Technologies shares rose 7% premarket after a cash boost. With a strong balance sheet, the focus shifts to converting orders into revenue.
Microsoft Expands Hyderabad Azure Hub with $20.5B India Investment
Microsoft inaugurated its biggest cloud region in India, located in Hyderabad, backed by a $20.5 billion commitment. The move expands Azure's local footprint and aims to capture growing demand from regulated industries.
MARA Holdings Faces Q2 Revenue Miss and Strategic Shift to Bitcoin-Backed Debt
MARA Holdings' Q2 revenue fell 27% to $174.9M, missing estimates, while the company leverages Bitcoin collateral for growth.
Coinbase Expands UK Stock Trading to Boost USDC Retention
Coinbase (NASDAQ:COIN) launched 24/5 US stock trading for UK users, offering nearly 4,000 stocks. The move aims to boost USDC retention, but shares fell 2.4% amid questions about growth.
XRP Holds Key Support as XLM Weakens Ahead of Senate Vote
XRP hovers near $1.06 pivot as XLM lags. Senate CLARITY Act vote pending. Analysts see balanced risk-reward.
Netlist Surges 46% on Samsung Deal, Settling IP Disputes
Netlist (NLST) shares surged 46% after a five-year Samsung agreement, including a $239M upfront payment, licensing its patent portfolio and settling disputes.
Circle Internet Shares Surge on Q2 Beat Despite Revenue Miss
Circle Internet (CRCL) shares rose up to 7.6% in premarket after Q2 earnings topped EPS estimates, though revenue missed. USDC expansion is crucial as yields decline.
CoreWeave Jumps 9% on Indonesia AI Data Center Push
CoreWeave (CRWV) shares climbed 9% after unveiling plans for three data centers in Indonesia, boosting contracted capacity by roughly 10%. Piper Sandler initiated coverage with an Overweight rating and a $151 price target.
Cipher Digital Slumps 10% as Q2 Mining Revenue Drops 29%
Cipher Digital (NASDAQ:CIFR) shares tumbled 10% as Q2 mining revenue slid 29% from the prior quarter, while the company's HPC rental income remains a future catalyst.


