Articles by Sarah Chen
Amazon Narrows AGI Team, Focuses on $200B Capex ROI
Amazon reduced headcount in its AGI unit, signaling a more selective approach to AI investments as it manages a $200 billion capex plan.
Bitmine Buyback Boosts Ether Per Share, Driving Weekly Gains
Bitmine's latest share buyback drove a 1.05% Ether-per-share gain, with 88% from reduced share count. Stock rose 4.6% to $18.02.
Archer Aviation Names Marubeni as Halo Launch Partner, Order Value Undisclosed
Archer Aviation has named Japan's Marubeni as the launch partner for its Halo aircraft, but did not disclose the order value after a 20% stock surge.
Dell Shares Climb on AI Server Margin Optimism After Super Micro's Strong Outlook
Dell Technologies shares gained after Super Micro's stronger-than-expected margins fueled optimism about AI server profitability. Dell's AI backlog stands at $51.3 billion.
Core AI Holdings Skyrockets 41% on HomeGPT Launch, Trading Volume Explodes
Core AI Holdings (CHAI) shares surged 41% to $0.55 after announcing HomeGPT, with trading volume reaching 7 times the June non-affiliate share count.
MANE Secures Global ViaLeaf Reb M License; Specialty Sweetener Margins in Focus
MANE has secured exclusive global rights to ViaLeaf Reb M, a premium stevia sweetener. The deal highlights specialty sweetener margins, with Ingredion (INGR) as the closest public peer.
Cerebras Shares Jump 17% as AI Chip Rally Meets Heavy Short Interest
Cerebras shares surged 17% on Tuesday, leading AI chip gains, as short interest stood at 16.9% of float. The stock remains 33.6% below its IPO close.
Crypto Infrastructure Stocks Surge Outpacing Bitcoin on CLARITY Act Optimism
Crypto infrastructure stocks rallied sharply on Tuesday, outpacing bitcoin, as progress on the CLARITY Act in the Senate fueled investor optimism for regulatory clarity.
Ethereum's Price Rally Masks Decline in Tokenized Real-World Asset Dominance
Ethereum's price rose 8.3% in the past week, but its tokenized real-world asset value fell 8.2% over 30 days, while Solana and Stellar saw increases.
Circle Internet Group Shares Surge Despite USDC Supply Drop
Circle Internet Group (CRCL) shares climbed 8.25% on Monday, but a 5.1% drop in USDC supply to $73.1 billion signals potential headwinds for reserve income.