Articles by Sarah Chen
Nvidia's AI Deals in South Korea Face Market Skepticism as Chip Rout Deepens
Nvidia shares remain under pressure near Friday's steep decline despite new AI infrastructure deals in South Korea, as the broader chip sector reels from rate hike concerns and valuation fears ahead of Monday's open.
HPE Shares Slide as AI Optimism Fades Ahead of Key Week
HPE shares dropped 8.36% on Friday, capping a three-day slide that erased gains from a post-earnings surge, as analysts caution the AI rally may have run ahead of fundamentals.
Palantir Slips Despite AI Deals, Inflation Data in Focus
Palantir shares dropped 4.35% Friday to $135.53, losing 13.42% for the week, as new AI deals with Google Cloud and others failed to offset valuation worries and a broader tech selloff.
Joby Aviation Plunges 20% as Rate Hike Fears Slam Air-Taxi Stocks
Joby Aviation closed down 14.3% Friday at $9.55, extending a weekly loss of nearly 20% as a strong jobs report reignited rate hike concerns, hitting air-taxi stocks hard.
CleanSpark Shares Face Volatile Monday After Tech Rout Erases Mining Gains
CleanSpark stock slid to $15.59 after a broad tech and crypto selloff wiped out gains from a strong May update, setting up a tense Monday open as investors weigh rising bitcoin output against weak sentiment.
MARA Holdings Tumbles as Bitcoin Weakens and Tech Stocks Slide
MARA Holdings dropped 11.2% on Friday, ending a week of steep losses as bitcoin and tech stocks sold off. The company faces headwinds from its $1.1 billion bitcoin sale and a costly power deal.
Saylor's Bitcoin Hint Sets Up Strategy Inc for Pivotal Monday
Strategy Inc shares are poised for a critical Monday after Executive Chairman Michael Saylor hinted at renewed Bitcoin purchases, following a 19.7% weekly drop triggered by a small Bitcoin sale.
Super Micro Stock Plunges 11% as AI Hardware Selloff Deepens Ahead of Key Trading Week
Super Micro Computer shares plunged 11.22% to $41.64 Friday, extending losses after hours, as a strong jobs report sparked a tech selloff that erased $1.3 trillion in chip sector value.
Netflix Shares Slide 4.5% Amid Board Shake-Up and Rising Competition
Netflix shares dropped 4.5% to $82.18 as Reed Hastings exited the board, Jay Hoag became chairman, and concerns over ad growth and competition from Amazon Prime Video and YouTube persisted.
Bitcoin Stabilizes Above $60K Amid ETF Exodus and Institutional Caution
Bitcoin steadied above $60,000 after a steep weekly decline and record ETF outflows, with traders awaiting fresh fund flows and inflation data to gauge the next move.
Apple's WWDC AI Test: Siri Upgrade Could Spark Stock Move
Apple shares slipped 1.5% last week as investors await WWDC, where a credible AI strategy—especially a more capable Siri—could trigger a 3% stock swing.
IREN Stock Drops 12% Despite $3.65B GPU Financing and Australia Expansion
IREN shares plunged 12.14% to $54.35 Friday as investors assessed a $3.65B GPU financing deal and new Australia data center project against ongoing crypto volatility and execution risks.