Articles by Sarah Chen
Reflect Orbital's FCC License Paves Way for Massive Satellite Constellation
Reflect Orbital's FCC license for a test satellite is a small step; the company's plan to deploy 50,000 satellites by 2035 requires a massive manufacturing ramp.
MARA Holdings Slips 3.1% as $2.1B Deals Weigh on Valuation
MARA Holdings shares dropped 3.1% to $11.79, giving up gains from its Texas site announcement, as two major deals totaling up to $2.1 billion weigh on valuation.
Alibaba Surges $17B on Apple AI Deal, but Revenue Path Unclear
Alibaba's stock surged 6.2% after China approved Apple Intelligence, integrating Alibaba's Qwen AI into Apple's OS. The $16.7B market cap gain highlights investor optimism, but revenue details remain elusive.
Bitmine's $482M Cash Pile Nears Cost to Reach 5% Ether Goal
Bitmine's cash and marketable securities of $482 million nearly equal the $482.2 million needed to bridge its Ether holdings to 5% of supply, posing a key capital allocation decision.
Intel's Dual Production Strategy Mitigates High-NA EUV Investment Risk
Intel has started volume production of Panther Lake chips using ASML's High-NA EUV system, but the chips are also qualified on older tools, reducing risk. Foundry losses remain high ahead of Q2 results.
UiPath Secures AI Pricing Deal with UK Retailer Very Group
UiPath (NYSE:PATH) has secured a three-year AI pricing deal with UK online retailer The Very Group, as it aims for $124M-$134M in net new ARR in H2 fiscal 2027.
Nokia Launches AI-RAN Platform with NVIDIA, Subscription Revenue Expected by 2027
Nokia introduced an AI-native radio platform with NVIDIA, offering subscription-based capacity upgrades. Commercial revenue is anticipated by 2027.
CrowdStrike surges $23 billion after IBM flags cybersecurity worries
CrowdStrike surged $23 billion in market cap after IBM cited cybersecurity worries. Shares jumped 12% to $210.73, leading the S&P 500, as ARR targets for Q2 loom.
Nvidia's China H200 Shipments Begin Amid Rising Customer Concentration
Nvidia has started limited H200 shipments to China while cutting over half of its approved Asian buyers. Three direct customers generated 54% of Q1 revenue, highlighting concentration risk.
OpenAI's Speaker Needs 26M Sales to Match $6.5B io Deal Revenue
OpenAI's first consumer hardware, a screenless portable speaker with cameras and sensors, would require 26 million unit sales at $250 each to match the $6.5 billion io deal revenue, facing stiff competition from established smart speakers.