Articles by Sarah Chen
Arista Networks Surges $34B in Value, But Rally Masks Key Risks
Arista Networks surged $34B in market cap this week, but the rally came on light volume and unchanged earnings estimates, raising questions about sustainability.
Cisco Surges 7.6% in a Week but Arista Doubles Its Gains
Cisco shares climbed 7.6% in the week through July 10, contributing 51 points to the Dow, but Arista Networks outpaced it with a 16.9% gain.
XRP Exchange Supply Hits 7-Year Low, But Broader Data Tells Different Story
XRP's exchange supply fell to a seven-year low on a narrow metric, but a broader scan shows 15.68 billion XRP on exchanges, nearly 10 times higher.
Indian Railways Sanctions ₹381 Crore for Two Projects, Kavach Gets 54%
Indian Railways has sanctioned ₹381 crore for two separate projects, with over half going to the Kavach train protection system. The allocation covers 680 route km at ₹30.3 lakh per km.
NASA Seeks Industry Input on Lunar Supply Chain as Moon Base Ambitions Grow
NASA is seeking industry input on lunar supply chain bottlenecks as a six-person moon base may need 26 resupply runs annually. ispace books SpaceX Starship space, and Intuitive Machines wins NASA contracts.
Kraken Launches AI Trading with Minimal Assets, Eyes Retail Growth
Kraken's AI trading tools launch with only $377 in assets under management at its U.S. adviser, as the exchange targets revenue growth through agentic trading and retail engagement.
Xero's $500 Ultra Plan: A Strategic Move Beyond Small Business Accounting
Xero's new Ultra plan at $500/month targets companies with 20-200 staff, bridging to ERP. At 5,000 subs, it could generate ~1% of FY26 revenue.
SWIFT's Blockchain Pilot Launches with 17 Banks, but Adoption Remains Limited
SWIFT has launched its blockchain ledger with 17 banks for 24/7 cross-border transfers using tokenized deposits, but the pilot represents only 0.15% of its network.
SK Hynix Raises $26.5B in Oversubscribed Offering, Memory Chip Sector Heats Up
SK Hynix raised $26.5 billion in a heavily oversubscribed ADR offering, highlighting robust demand for AI memory chips. The memory sector is now in focus as Micron increases U.S. investment and ASML/TSMC report earnings.
Microsoft Stock Flat Amid Emissions Surge from AI Data Centers
Microsoft shares were nearly unchanged Friday after an environmental report revealed a 25% jump in emissions from AI data centers. The stock now trails the broader market ahead of earnings.
Bitcoin Hits $64K Despite $180M ETF Outflows; Rally Driven by Short Covering
Bitcoin climbed to $64,000 on Friday despite $180.2 million in ETF outflows. The rally was driven by short covering, a weaker dollar, and gains in Asian chip stocks.