Articles by Sarah Chen
Applied Materials Retreats from Record High Amid AI Sector Pullback
Applied Materials shares dropped 5.45% to $373.43 on Thursday, retreating from a 52-week high. The decline followed broader weakness in semiconductor and artificial intelligence stocks.
Intel Stock Retreats as Chip Rally Loses Steam
Intel shares dropped 3.3% to $45.33, reversing earlier gains as chip stocks slid after Nvidia's results failed to boost sentiment. The decline followed Intel's AI inference partnership announcement with SambaNova.
ServiceNow Gains on AI Workforce Launch Amid Yearly Decline
ServiceNow shares climbed roughly 3% following the introduction of new AI-driven automation products. The stock remains down approximately 29% for the year.
Amazon Shares Dip Amid Reports of Potential $50 Billion OpenAI Investment
Amazon shares declined 1.4% to $207.81 Thursday morning following reports the company may invest up to $50 billion in OpenAI. The deal could include $15 billion upfront and $35 billion contingent on milestones like an IPO or achieving artificial general intelligence.
IonQ Shares Surge on Upgraded Revenue Forecast and European Quantum Network Deal
IonQ shares jumped roughly 19% following an improved 2026 revenue forecast and the launch of a national quantum key distribution network in Romania.
Apple Shares Retreat on Manufacturing Shift and China Risk Vote
Apple shares declined approximately 1% to $271.41 in Thursday morning trading, ending a two-day advance. The move followed a shareholder vote rejecting a report on China supply-chain risks and news of expanded U.S. manufacturing.
AMD Shares Dip on Strategic AI Partnerships with Meta and Nutanix
AMD shares declined 2.6% to $205.31 as investors assessed new multi-year AI partnerships with Meta and Nutanix, including significant financial commitments and a potential equity stake for Meta.
Microsoft Shares Rebound Amid AI Investment and Regulatory Scrutiny
Microsoft shares gained about 1% to $404.50 in early Thursday trading, recovering from a significant year-to-date decline. The move follows a major AI investment, regulatory action in Japan, and upcoming White House discussions on data center energy costs.
SanDisk Shares Rebound on CEO's Multi-Year Data Center Contract Strategy
SanDisk shares gained 3.5% Thursday morning as CEO David Goeckeler detailed a strategic pivot toward multi-year contracts with data center customers, helping the stock recover from a recent short-seller-driven decline.
Tesla Shares Dip Amid Robotaxi Permit Gap, Insider Sale Filing
Tesla shares declined 2.9% to $417.40 as regulatory filings revealed no autonomous test miles in California for 2025 and a director's planned stock sale. The company also faces a hiring lawsuit and weaker European sales.
Bitmine Immersion Rises on Ether Rally, Eyes Inflation Data
Bitmine Immersion Technologies shares advanced in Thursday's premarket session, extending gains after a 10.6% jump. The move aligns with a rally in Ethereum, which climbed 6.7% to $2,067, lifting stocks tied to digital assets.
Circle Shares Dip After Earnings Surge, USDC Growth in Focus
Circle Internet Group shares retreated slightly in premarket trading after a sharp post-earnings rally. The USDC issuer reported a 77% year-over-year revenue jump to $770 million for Q4.