Articles by Sarah Chen
Intel Stock Retreats After Google AI Chip Report Sparks Rally
Intel shares slipped 2.1% to $107.92 on Tuesday, reversing some of Monday's 11.2% gain after a report of a Google AI-chip order. The unconfirmed deal could boost Intel's foundry business, but investors remain cautious amid a tech selloff.
D-Wave Quantum Tumbles 9% as Speculative Tech Stocks Retreat Ahead of CPI Data
D-Wave Quantum shares dropped nearly 9% as a broad selloff in speculative tech stocks hit the sector, despite strong Q1 bookings. Revenue fell 81% and the company posted an $18.4 million loss.
Velo3D Stock Surges on Gas-Turbine Deal with Aurelia Technologies
Velo3D shares jumped 21% to $19.64 on a gas-turbine manufacturing deal with Aurelia Technologies, using its Sapphire XC platform. The order value was not disclosed, but the move signals growth beyond aerospace and defense.
MARA Shares Tumble as Bitcoin Weakness Overshadows AI Pivot
MARA shares fell 4.3% as bitcoin slipped below $62,000, reinforcing the stock's sensitivity to crypto prices despite the company's AI and data-center pivot.
UiPath Shares Slide 5% Despite First GAAP Profit as AI Selloff Continues
UiPath shares dropped 5% to $10.63 amid a broad tech selloff, even after the company posted its first GAAP profit and raised its full-year outlook.
XRP Clings to $1.10 Support Amid Broad Crypto Weakness
XRP fell 2.6% to $1.14, testing key $1.10 support as broader crypto markets decline. Traders watch $1.13-$1.14 support and $1.15-$1.20 resistance amid weak ETF inflows.
Bitcoin Tests $60,000 Support as ETF Outflows and Rate Worries Weigh
Bitcoin fell 2.8% to $61,683 amid ETF outflows and rate concerns, with the $60,000 level in focus as a key technical support.
Salesforce Job Cuts Deepen Amid AI Pivot, Investor Scrutiny
Salesforce has cut an additional 86 roles across key units as it pushes into AI agents, with shares falling 4.6% amid questions over its traditional software model.
Bitcoin Dips to $61K as Traders Eye CPI Data for Fed Clues
Bitcoin fell to near $61,000, down 3%, as traders cut risk ahead of Wednesday's CPI report, which is expected to show 4.2% annual inflation, keeping rate hike fears alive.
Regentis Biomaterials Stock: Surgeon Training for GelrinC Knee Implant Set for Q3
Regentis Biomaterials shares fell slightly premarket after announcing European surgeon training for its GelrinC knee implant will start in Q3, a commercial milestone but not yet revenue.