Articles by Sarah Chen
UiPath stock lags buyback price as AI strategy faces market skepticism
UiPath (PATH) shares remain near $10.75, below the company's recent buyback average, as the market questions its AI-driven growth narrative despite improved earnings.
Micron Drops Again as AI Memory Rally Faces Headwinds
Micron shares fell 4.7% amid a broad selloff in AI chip stocks, even as the company named Bechtel for its New York memory-fab project. The market now looks to the June 24 earnings report for validation.
Oracle's AI Data Center Spend Weighs on Stock Despite Record Cloud Backlog
Oracle shares dropped 8.9% after hours as investors reacted to the company's plan to raise $40B for AI data centers, despite record revenue and a $638B backlog.
MoneySimpler Enters Crowded AI Crypto Trading Bot Market
MoneySimpler launches an AI-driven trading platform for retail users, integrating crypto, forex, and equities. The move intensifies competition as vendors focus on AI features, but audited returns and user data remain undisclosed.
BitGo Opens DeFi Vaults to Institutions Amid Stablecoin Arms Race
BitGo Bank & Trust launches DeFi gateway for institutions via Narval, granting access to Aave, Spark, and Tesseract while maintaining qualified custody and compliance controls.
Freshworks Holds Steady as AI Restructuring Test Looms in Q2
Freshworks shares held flat near $9.39 on heavy volume, as investors weigh AI restructuring costs and Freshservice focus ahead of Q2 results.
Netflix Edges Up Despite Jefferies Target Cut, Focus on APAC Mobile Launch
Netflix shares edged up 0.9% to $82.13 despite a Jefferies price target cut, as the market focuses on the company's new mobile app features in Asia-Pacific and Q2 margin guidance.
Amazon Secures $17.5B Loan, AI Spending Raises Cash Flow Concerns
Amazon shares fell 2.3% after disclosing a $17.5B loan facility, intensifying scrutiny of AI spending as free cash flow dropped sharply and debt rose.
MARA Holdings Drops 3.9% as Crypto Mining Sector Faces Broad Selloff
MARA Holdings shares slid 3.9% to $12.79, lagging Bitcoin's bounce above $62,000, as the crypto mining sector faced broad selling pressure amid tech weakness and energy cost concerns.
Palantir CEO Slams AI Lab Billing as Enterprise Clients Grow Wary
Palantir CEO Alex Karp told CNBC that enterprise clients are privately unhappy with AI labs' billing practices, as companies face sticker shock and limited cost savings. Palantir pitches its software and engineers as a solution.