Articles by Sarah Chen
Nvidia Invests $4 Billion in Photonics Suppliers to Secure AI Data Center Future
Nvidia shares gained 3% in after-hours trading following the announcement of $4 billion in strategic investments in photonics suppliers Lumentum and Coherent. The deals aim to secure critical optical components for AI data center infrastructure.
Caterpillar Gains on AI, Autonomy Push at CONEXPO as Industrials Rise
Caterpillar shares advanced 1.4% to $753.29 Monday following announcements of new technology and service initiatives at the CONEXPO-CON/AGG construction event in Las Vegas.
Caterpillar Gains on AI, Autonomy Push at CONEXPO Amid Labor Challenges
Caterpillar shares advanced 1.4% to $753.29 Monday following announcements of expanded rental programs, AI enhancements, and autonomous machinery demonstrations at the CONEXPO-CON/AGG event in Las Vegas.
Salesforce Shares Dip Amid Sector Gains, Focus Turns to AI Strategy
Salesforce shares declined 1.1% on Monday, lagging a broader software sector rally, following last week's revenue guidance miss and a $50 billion buyback announcement. Executives are set to speak at a Morgan Stanley conference Tuesday.
Salesforce Shares Dip Amid Software Sector Gains, Focus Turns to AI Strategy
Salesforce shares declined 1.1% on Monday, underperforming the broader software sector, following last week's revenue forecast that missed analyst expectations. Investors are evaluating new partner program changes and the company's push into AI agents.
Apple Launches iPhone 17e at $599, Sparking Renewed Investor Debate
Apple has introduced the iPhone 17e with a starting price of $599 and doubled base storage to 256GB, alongside an M4-powered iPad Air. The company's shares gained 0.9%, reigniting discussions about its stock's valuation and growth potential.
Apple Launches iPhone 17e at $599, Sparking Renewed Investor Debate
Apple has introduced the iPhone 17e with a starting price of $599 and doubled base storage, alongside an M4-powered iPad Air. The launch has reignited discussions among investors about the stock's potential after a sustained rally.
Western Digital Stock Dips Amid 32TB Drive Shipment Data, AI Demand Focus
Western Digital stock declined approximately 3% during Monday trading, underperforming broader indices. The company disclosed it shipped 3.5 million units of its high-capacity 32TB nearline hard drives in the previous quarter.
Western Digital Stock Dips Amid 32TB Drive Shipments, AI Demand Focus
Western Digital stock declined roughly 3% in Monday trading, underperforming the broader market. The company's sales director disclosed shipments of 3.5 million high-capacity 32TB hard drives last quarter.
XRP Drops Amid Geopolitical Tensions and Supply Unlocks
XRP declined 3.7% to approximately $1.34, pressured by escalating Middle East tensions and a major token supply unlock. Bitcoin rose over 5% as markets reacted to oil price volatility.