Articles by Sarah Chen
MEXC Security Review Highlights Custody Safeguards Amid Industry Scrutiny
A recent security assessment of crypto exchange MEXC details its withdrawal controls and $100 million protection fund, while regulators question the adequacy of proof-of-reserves reports.
Applied Digital Soars 25% on AI Infrastructure Revival, Eyes Key Economic Data
Applied Digital shares surged 25.5% to $34.95 Friday amid heavy trading volume, fueled by renewed investor interest in AI infrastructure stocks. The company's recent hyperscale lease signings and upcoming economic indicators are in focus.
Applied Digital Soars 25% on AI Infrastructure Revival
Applied Digital shares surged 25.5% to $34.95 Friday amid heavy trading volume, driven by renewed investor interest in AI-linked infrastructure stocks. The company recently reported $126.6M in quarterly revenue and secured major data center leases.
Chip Stocks Surge on Big Tech AI Spending Plans Ahead of Key Economic Data
Semiconductor shares rallied sharply Friday after Amazon and Alphabet signaled increased data-center investments, with AMD jumping 8.2%. The sector rebound follows recent volatility as investors await upcoming U.S. economic reports.
Apple Confronts Chip Cost Dilemma as iPhone Pricing Strategy Hangs in Balance
Apple shares edged higher amid a global memory-chip shortage, raising investor concerns over potential iPhone price hikes. The company's response to rising component costs remains unclear ahead of key economic data.
MSTR Surges 26% as Bitcoin Stabilizes Above $70K, Options Signal Caution
MicroStrategy shares rebounded sharply Friday, climbing 26.1% to $134.93 as Bitcoin recovered above $70,000. Traders are monitoring crypto liquidity and heavy put option demand ahead of the February 27 expiry.
BigBear.ai Surges 16% Ahead of Key Shareholder Vote, Options Activity Heats Up
BigBear.ai shares rallied sharply on Friday, climbing 15.7% to $4.72, as traders piled into bullish call options. Investors now await a pivotal February 18 vote on a proposal to increase the company's authorized share count.
Alphabet Shares Slide Amid Investor Concerns Over AI Capex Surge
Alphabet stock fell 2.5% to $322.86, underperforming a broader tech rally as reports of potential doubled AI infrastructure spending this year weighed on sentiment.
Bitmine Immersion Surges 18% as Crypto Markets Rebound, Setting Stage for Volatile Week
Bitmine Immersion Technologies shares soared 17.6% on Friday, mirroring a sharp recovery in major cryptocurrencies. The stock's heavy ether and bitcoin holdings make it a direct proxy for digital asset sentiment.
IREN Recovers 5% as Bitcoin Surpasses $70K, Eyes AI Growth Amid Volatility
IREN shares gained roughly 5% Friday, buoyed by Bitcoin's rebound above $70,000, while the company posted a quarterly net loss of $155.4 million. Investors await key U.S. economic data next week.
Ondas Shares Soar 14% on Defense Contract Momentum Ahead of Monday Session
Ondas Holdings Inc. surged 14.3% to $9.69 on heavy volume Friday, rebounding from earlier weekly losses as traders assessed new defense and drone contract announcements.