Articles by Sarah Chen
Nvidia Stock Surges on $10 Billion AI Infrastructure Venture Backed by KKR
Nvidia (NVDA) jumped 2.2% on news of a $10 billion AI infrastructure deal, reinforcing its central role in the AI buildout.
AMD Rallies on BofA's Bullish AI CPU Outlook and Upcoming Event
AMD shares surged 8% after Bank of America lifted its price target to $560 and raised the 2030 server CPU market forecast to $170B, driven by agentic AI demand. The July Advancing AI event is now a key catalyst.
Applied Materials Surges on AI Chip Boom, Analyst Targets Raised
Applied Materials shares surged 9.6% to $544.50 after analysts raised price targets, citing robust AI chip demand and a new $500 million Singapore facility that doubles cleanroom capacity.
Amazon Secures $17.5B AI Loan, Shares Steady Near $238
Amazon secures $17.5B loan for AI infrastructure, shares steady near $238. Free cash flow plunges to $1.2B from $25.9B, while Q1 net income surges to $30.3B.
MARA Shares Rise as Bitcoin Steadies, Q1 Loss and AI Pivot Draw Attention
MARA shares rose 5.2% to $13.27 as bitcoin steadied near $63,375, even as Q1 net loss widened to $1.26 billion. AI pivot and Long Ridge acquisition remain key investor concerns.
Rigetti Computing Rises After Rosenblatt Maintains $40 Target
Rigetti Computing shares rose 1.9% to $19.82 after Rosenblatt reaffirmed its Buy rating and $40 target, with market participants weighing insider transactions, the 108-qubit rollout, and possible $100 million CHIPS Act funding.
Microsoft Underperforms as Nasdaq Rebounds; Xbox Layoffs Loom
Microsoft shares fell 2.8% to $386, lagging a Nasdaq rebound, as investors weighed reports of upcoming Xbox layoffs and ongoing weakness in gaming revenue.
Apple Stock Edges Up as Siri AI Rollout Faces Hurdles
Apple shares rose 0.52% premarket to $293.10, recovering from WWDC losses, as investors weigh Siri AI's ability to drive upgrades despite compatibility issues.
Belgium Clears Tesla FSD, Lifting Shares and Reviving European Autonomy Hopes
Tesla shares bounced back in premarket trading after Belgium became the fifth EU country to approve its Full Self-Driving (Supervised) software, shifting investor attention back to autonomy and high-margin software revenue.
BofA Upgrade Fuels Intel Rally on Foundry Optimism
Intel shares surged after Bank of America upgraded the stock to Buy, citing strong foundry prospects and server CPU growth, despite ongoing operational losses.