Articles by Sarah Chen
Apple's Foldable iPhone Launch to Be Limited, High-Priced
Apple's foldable iPhone is set for a limited Q3 launch with 0.5M-1M units, priced at $2,300-$2,500, far below iPhone 18 Pro volumes. The scarcity strategy mirrors the iPhone X debut.
MSTR's $216M Bitcoin Sale Raises Questions on Corporate Cash Strategy
Strategy Inc sold 3,588 BTC for $216 million last week to support preferred-stock payouts, raising concerns about potential further sales.
Microsoft Stock Slips on AI Spending Fears Despite Job Cuts
Microsoft shares dipped 0.9% as AI spending concerns outweighed news of 4,800 layoffs. Wolfe Research lowered its price target to $525.
Credo Technology Surges on AI Cable Demand, but Customer Concentration Looms
Credo Technology shares jumped 9.8% to $265.55, topping the SOX rally, driven by strong AI cable demand. Yet, with the stock near analyst targets, risks from customer concentration loom.
MicroStrategy Sells $216M in Bitcoin to Cover Dividend Costs
MicroStrategy sold 3,588 bitcoin for $216 million, covering about 1.5 months of annual dividend and interest costs. MSTR shares traded near $100.77.
Meme Coin Rally Tests Liquidity After BONK Governance Attack
BONK dropped 7.9% after a $20M BonkDAO treasury drain, highlighting liquidity risks. HMSTR's volume hit 3.8x market cap, while PEPE showed deeper markets.
Joby Aviation Soars on Toyota Joint Venture Details
Joby Aviation shares jumped 9.2% after disclosing the terms of its manufacturing joint venture with Toyota, which includes a 51% stake for Toyota and $2 million in initial capital.
Bitmine Stock Soars After $76M Ethereum Acquisition
Bitmine Immersion Technologies shares surged 8.7% after announcing a $76 million Ethereum acquisition and total assets of $11.1 billion.



