Articles by Sarah Chen
Alibaba Unveils Qwen3.8-Max-Preview AI Model Amid Apple Partnership Hopes
Alibaba (BABA) introduced Qwen3.8-Max-Preview on Sunday, a 2.4 trillion parameter AI model. ADRs ended the week up 2.35% after an Apple approval surge, but half of Wednesday's gains were lost by Friday's close.
Fidelity to Close Two Income ETFs as Crypto Inflows Surge Led by Ether
Fidelity Canada will close two small income ETFs after Friday's close, as US spot crypto ETFs attracted US$181M in weekly inflows, led by ether.
Ether ETF Inflows Surge to 58% as Crypto Fund Flows Slow
U.S. crypto ETFs attracted $181M in the week to July 17, with Ether funds accounting for 58% of inflows, up from 30% the prior week, signaling a rotation.
United Airlines Tech Glitch Raises Fresh Risk Warnings After 8% Stock Slide
United Airlines (UAL) experienced a reservation system outage on Saturday, impacting check-in and ticketing operations. The incident follows an 8.4% weekly stock decline, heightening scrutiny of technology risks.
NVDA Outperforms Peers Despite Nearly $200B Market Cap Loss
NVIDIA shares fell 3.9% last week, losing nearly $200B in market cap, but outperformed the broader chip sector as the PHLX Semiconductor Index dropped 10%.
Super Micro Holds Steady Amid Funding Scrutiny and $39B AI Order Book
SMCI shares edged up 1.5% to $25.04, with a $39 billion AI order book facing skepticism over order cancelability and potential dilution from a June funding deal.
Broadcom Bounces Back After VMware Deal Boosts Margins
Broadcom shares rebounded 0.5% after an early 4.4% decline, buoyed by strong software margins from the VMware acquisition and a new contract with Standard Chartered.
AMD Shares Tumble 7% as Wall Street Adjusts Price Targets Amid GPU Focus
AMD shares dropped 7% to $465.79, triggering revised Wall Street targets. GPU growth expectations remain central, with KeyBanc's $725 target now 56% above the stock price.
UiPath Faces $129M ARR Hurdle After Retail AI Pact; Tetragon Boosts Stake 21%
UiPath must achieve $129 million in annualized recurring revenue growth in the second half of fiscal 2026, following a partnership with UK retailer The Very Group. Tetragon Financial increased its passive stake by 21%.