Articles by Sarah Chen
Bitcoin Miner MARA Surges 22% as Cryptocurrency Rebounds Past $70,000
MARA Holdings shares rallied sharply Friday, climbing 22.3% as bitcoin recovered above $70,000. The move followed significant on-chain transfers from MARA-linked wallets during the recent selloff.
Amazon Shares Drop on $200 Billion AI Investment Plan, Investors Eye Economic Data
Amazon stock fell 5.6% Friday as the company's plan to spend $200 billion on AI and cloud infrastructure in 2026 raised concerns over near-term returns. Key U.S. jobs and inflation reports are due next week.
Intel Surges Past $50 on AI Demand and Supply Constraints
Intel shares rallied 4.9% to close at $50.59, buoyed by reports of server CPU shortages in China and broader AI-related capital expenditure trends. The chipmaker also plans a $100 million investment in AI startup SambaNova Systems.
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.