Articles by Sarah Chen
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%.
Alphabet Loses $200B on Gemini 3.5 Pro Delay, AI Strategy Questioned
Alphabet shares fell 4.44% on Thursday, erasing nearly $200 billion in market value, as reports of a delay in the Gemini 3.5 Pro launch raised doubts about the company's AI investment strategy.
Trade Desk Eyes 8% Revenue Growth Amid New Hires
The Trade Desk shares fell 1.3% to $19.12 as the company targets 8.1% Q2 revenue growth. New commercial hires aim to address growth deceleration.
Alphabet Shares Shed $200B on Gemini 3.5 Pro Rollout Delay
Alphabet lost nearly $200 billion in market value after delaying its Gemini 3.5 Pro AI launch, with shares falling 4.4% as investors worry about AI returns.
Amazon Stock Holds Steady as AWS Leadership Transition Looms
Amazon shares traded near $256 as investors focused on the upcoming AWS leadership change and the impact of heavy AI spending on free cash flow.
Bitcoin Slips Below $64,000 as ETF Inflows Prove Concentrated
Bitcoin dropped 1.8% to $63,940 on Thursday, failing to hold above $65,000 despite two days of ETF inflows, with BlackRock's IBIT accounting for 76% of new money.
Intel's High-NA EUV Milestone: A $400 Million Bet on Manufacturing Edge
Intel achieves a manufacturing first with High-NA EUV on Panther Lake, but the steep $400 million tool price and limited external foundry revenue highlight the financial challenges ahead.
AST SpaceMobile Proposes $1B Convertible Note, Cash Reserves Dip 21%
AST SpaceMobile (ASTS) proposes $1B in convertible notes to bolster liquidity after a 21% cash decline. Shares fell 13.5% AH.
IREN Bolsters Security as $3.1B AI Revenue Hurdle Looms
IREN appoints a new CISO while targeting $3.1B in contracted AI-cloud revenue, with Microsoft and NVIDIA representing 84% of the backlog.
Amazon Deal Paves Way for Board Observer, 20% Stake in Electrovaya
Electrovaya shares surged 37% after revealing a deal with Amazon that could give the e-commerce giant a board observer and up to a 20% stake.
Amazon Leo Signs Herotel for South Africa Despite Sparse Satellite Fleet
Amazon has partnered with Herotel to distribute its Leo satellite broadband in South Africa, aiming for a 2027 launch despite having only 12% of its planned first-generation constellation in orbit.