Articles by Sarah Chen
XRP Drops Amid Geopolitical Tensions as Ripple Expands Stablecoin Support
XRP declined 2.4% to $1.36, trading between $1.34 and $1.40, as geopolitical tensions weighed on crypto markets. Ripple announced an expansion of its payments platform to support stablecoins.
Bitcoin Retreats as Oil Spike Fuels Inflation Fears, ETF Inflows Provide Support
Bitcoin declined over 1% as escalating Middle East tensions drove oil prices higher, stoking inflation concerns. However, U.S. spot Bitcoin ETFs recorded significant inflows, highlighting conflicting market forces.
Strategy Inc Shares Decline Despite Bitcoin Purchase; Dividend Record Date in Focus
Strategy Inc shares dropped 2.6% to $134.11 despite a new $204.1 million bitcoin purchase. The company increased its preferred dividend rate to 11.5%, payable March 31 to shareholders of record March 15.
Circle Stock Rises on Inflation Fears; CFO Sells Shares Under Plan
Circle Internet Group's stock advanced 5.8% to $101.76 in a volatile session, driven by its rate-sensitive USDC stablecoin business amid shifting inflation expectations. The company's CFO sold shares under a pre-scheduled trading plan.
Amazon Stock Drops on AWS Data Center Disruptions in Middle East
Amazon stock declined 2.6% to $203 following AWS disclosures of drone attacks on Middle East data centers, with prolonged recovery expected. The disruption affected banking services and contributed to broader tech sector weakness.
Nvidia Shares Slide Amid Tech Rout, $4B Optics Investment
Nvidia shares declined over 2% in early trading, caught in a wider technology sector downturn. The chipmaker announced multiyear agreements to invest $2 billion each in optics companies Lumentum and Coherent.
Circle Stock Retreats Amid Rate Uncertainty and Insider Transactions
Circle Internet Group's stock declined 3.9% to $92.38 in Tuesday's early session, reversing recent gains. The drop coincided with insider sales and broader pressure on crypto-linked assets as rate cut expectations adjusted.
Apple Shares Dip Amid Tech Selloff as New M5 MacBooks and Budget iPhone Launch
Apple shares declined 0.9% to $262.44 Tuesday, caught in a broader tech selloff driven by a surge in oil prices. The company unveiled refreshed MacBooks with M5 chips and a lower-cost iPhone 17e, with preorders beginning March 4.
Vodafone Partners with Amazon's Satellite Network to Boost Rural 5G
Vodafone has signed a deal with Amazon's satellite venture to provide backhaul for remote cellular towers, aiming for initial service in 2026 with speeds up to 1 Gbps.
Apple Shares Edge Lower as iPhone 17e Launch Kicks Off Preorder Week
Apple shares declined approximately 0.5% before Tuesday's opening bell after unveiling its new iPhone 17e and redesigned iPad Air. Qualcomm stock also fell as Apple advances its in-house modem strategy.
Bitmine's $9.9B Crypto Treasury Revealed as Shares Retreat Pre-Market
Bitmine Immersion Technologies shares declined 3.8% in pre-market trading following a filing that detailed a $9.9 billion crypto and cash treasury. The company reported substantial ether holdings and staking revenue.
MARA Shares Surge on Bitcoin Sales Strategy Shift
MARA Holdings shares climbed 5.8% in premarket trading following a disclosure that the bitcoin miner can sell from its existing cryptocurrency holdings. The company ended 2025 with 53,822 bitcoin valued at $4.7 billion.