Articles by Sarah Chen
XRP Slips Below $1.10; ETF Shortfall Widens to $563M
XRP failed to hold $1.10, with top US spot ETFs showing a $563M gap between net inflows and assets, suggesting potential selling pressure.
Bitmine Stock Rises 2% as $2.6B Asset Gap Raises Questions
Bitmine (NYSE:BMNR) shares rose 2% to $14.98, yet the market cap of $8.53 billion trails its $11.1 billion in assets by $2.6 billion, signaling a potential discount.
Polibeli Soars 26% on AI Data Center Ambitions
Polibeli Group (PLBL) shares jumped 26.48% on Friday, adding $623 million to its market cap, after signing a non-binding MOU for a potential AI data center.
Cognex Rises 1.6% Amid Heavy Valuation Concerns
Cognex rose 1.6% Friday, but heavy valuation and Q2 guidance uncertainty persist. The stock trades at 10.6x sales, far above peers.
AMD Stock Climbs as Analyst Debate Shifts from AI Hype to Execution
AMD shares gained 1.3% to $553.71, outperforming the PHLX index but lagging Nvidia. Analysts are split on upside, with Stifel raising its target to $635 while the average target remains below the current price.
UiPath Stock Reverses as Buyback Plan Weighs on Shares
UiPath shares reversed a 3.5% morning gain after the buyback program's size and impact on EPS came into focus. The stock traded flat near $11.81.
Meta's AI Cloud Revenue Potential Soars with Minimal Capacity Usage
Meta Platforms (META) debuted its public AI model API for developers, with CEO Mark Zuckerberg highlighting robust external demand. A 200MW slice of capacity could yield over $10B annually.
MARA Holdings Surges on Texas AI Data Center Plan, Tenant Still Elusive
MARA Holdings shares surged 11.8% after revealing a 2-GW AI data center site in Texas, adding about $540 million in market cap despite no tenant secured.
