Articles by Sarah Chen
Bitmine Stock Trades at Discount to Crypto Holdings After Index Inclusion
Bitmine's stock closed at $14.36, well below the estimated $17.70 per-share value of its crypto and cash holdings, as the company joins the Russell 1000. The discount persists despite a large ETH stake.
Microsoft's AI Bet Faces Investor Scrutiny After Holiday Lull
Microsoft closed at $390.49 after the Independence Day holiday, with AI spending and the new Frontier Company under investor scrutiny.
Amazon Surges Past Nasdaq in Holiday Week; AWS Price Hike and Prime Day Data in Focus
Amazon shares climbed 4.3% in a holiday-shortened week, outpacing the Nasdaq's 2.1% gain. The rally was fueled by strong Prime Day sales and AWS price hikes, though trading volume declined.
BlackBerry's QNX Growth Drives Stock, Valuation Scrutiny Ahead
BlackBerry's stock fell 10% after a QNX-driven earnings beat, leaving valuation and short interest as key factors for the week ahead.
Palantir Surges 14.5% on AI Deal and Analyst Upgrade
Palantir Technologies (PLTR) surged 14.5% in a holiday-shortened week, boosted by a new AI partnership with NVIDIA and a bullish analyst upgrade.
Nvidia's Valuation Stretch Challenges Dip Buyers Amid $119B Supply Commitments
Nvidia's stock lags the market despite strong earnings, as $119 billion in supply commitments and China restrictions test investors.
Falcon 9 Booster Transports Semiconductor Pods on Starlink Mission
SpaceX's latest Starlink launch doubled as a test for semiconductor production in space, carrying two Besxar Fabships on the Falcon 9 booster.
Trump's $TRUMP Memecoin Losses Top $3.8B, His $636M Takeout Outpaces Buyer Gains
Nansen data reveals 989,000 $TRUMP wallets lost $3.81B, while Trump's $636M income from the coin is 2.7 times net buyer gains. The token is down 97.7% from its all-time high.
Corning Shares Tumble 11% as AI Fiber Demand Faces Investor Skepticism
Corning (GLW) shares dropped 10.81% Thursday amid profit-taking, even as AI data-center fiber demand remains robust. The stock is still up over 124% year-to-date.
Strategy Inc Surges 22% as $1.15B Stock Sale Signals Cash Pivot
Strategy Inc shares surged 22.4% after the company raised $1.15 billion through a stock sale without purchasing Bitcoin, signaling a shift to active cash management.