Articles by Sarah Chen
Microsoft's Xbox Layoffs Disproportionately High vs Revenue Share
Microsoft cuts 1,600 Xbox jobs (33% of total layoffs) while gaming contributes just 6.4% of revenue. Azure drives growth.
iPhone 18 Pro Max Price May Rise $200 as Component Costs Surge
Counterpoint Research estimates Apple's iPhone 18 Pro Max may cost $200 more, as component costs rise nearly $300, squeezing margins despite premium mix.
AT&T Drone Detection Test May Outshine Merger-Adjusted Filing
A Fifth Third filing showed a 0.6% drop in AT&T holdings after the Comerica merger, but the real story is AT&T and Ericsson's drone detection test using commercial cellular networks.
Bitmine Faces $1B Ether Valuation Hit as Crypto Buffer Narrows
Bitmine's ether holdings lost $1.01B in value as ETH fell to $1,624.95, cutting the per-share backing buffer to $2.13. Staking revenue and index inclusion offer support, but risks remain.
TeraWulf's $19B Anthropic Lease Raises $3.5B Debt Concerns
TeraWulf's $19B lease with Anthropic includes a $3.5B debt package, sparking concerns over financing costs and execution risks.
Circle Stock Rises on Trust Charter Approval, USDC Supply Drops $3.6B
Circle Internet Group (NYSE:CRCL) shares rose 5% Friday after winning approval for a national trust bank, but the stock gave back most gains. USDC stablecoin circulation dropped $3.6 billion since March.
Bitcoin Holds Near $64K Amid Iran Tensions; $303M Crypto Sale Looms
Bitcoin remains steady near $64,100 after U.S. strikes on Iran. Crypto faces a $303 million supply overhang from corporate sales, while ETFs see modest inflows.
MARA Holdings Retreats on Texas Power Deal Uncertainty
MARA Holdings shares gave back gains after announcing a $600 million Texas power site acquisition with no named tenant, raising concerns about financing and revenue.
Intel's $53 Billion Drop Overshadows Altera IPO Prospects
Intel's $53B market cap loss dwarfs its $4.29B Altera stake. Altera aims for mid-20% growth, but Intel's core issues persist.
UiPath Stock Trades Flat Despite Near-Float Volume; Buyback Provides Floor
UiPath (PATH) shares barely moved last week despite massive trading volume near the float, as the company's aggressive buyback program and elevated short interest create a tug-of-war.
SpaceX Starship Flight 13: Key Test for Satellite Deployment and Investor Sentiment
SpaceX's Starship Flight 13 on July 16 will test satellite deployment and engine relight, with investors eyeing the stock's performance after a 10.3% drop.