Articles by Sarah Chen
Nokia's AWS-Powered 5G Core SaaS Debuts with First Commercial Customer
Nokia's stock remained steady around $7.60 in premarket trading following the launch of the first commercial 5G Core software-as-a-service deployment on Amazon Web Services by Belgian operator Citymesh.
XRP Steady Near $1.42 as Crypto Bill Progress and SEC Deadline Loom
XRP held near $1.42 with minimal movement as markets focused on U.S. inflation data and Washington crypto policy talks. Ripple's CEO increased odds for the CLARITY Act's passage to 90% by late April.
Bitcoin Recovers to $68K Ahead of Key Inflation Data, ETF Outflows Persist
Bitcoin rebounded near $68,000 Friday as markets braced for the Fed's preferred PCE inflation gauge. U.S. spot Bitcoin ETFs recorded significant net outflows for the session.
Xero Shares Drop Amid Tech Sell-Off, AI Rollout Fails to Lift Sentiment
Xero shares declined 3.7% on Friday, underperforming a weak ASX technology sector. The sell-off occurred even as the company announced AI-powered automation tools for UK customers ahead of tax digitization deadlines.
Ether Holds Near $1,950 Amid NFT Utility Shift and Prediction Market Scrutiny
Ether traded around $1,955 on Friday, down 0.73%, with $18 billion in volume. The focus shifts to utility NFTs as prediction markets face criticism from Ethereum co-founder Vitalik Buterin.
AMD's $75M CEO Award and Insider Sales Draw Investor Scrutiny
AMD shares gained as filings showed CFO Jean Hu sold shares under a preset plan and the board approved a $75M performance award for CEO Lisa Su, vesting only if the stock hits $600 by 2031.
Oracle Gains Amid AI Infrastructure Funding Plan and Market Caution
Oracle stock advanced slightly on Thursday as the company outlined a massive capital raise for cloud expansion, even as broader markets dipped and bondholders pursued legal action over AI-related losses.
Meta Expands AI Infrastructure with Massive Nvidia Chip Order
Meta Platforms is significantly expanding its AI infrastructure through a broadened partnership with Nvidia, ordering millions of next-generation GPUs and marking Nvidia's entry into the CPU market. Both companies' stocks gained following the announcement.
Raspberry Pi Stock Soars on AI Edge Computing Hype and CEO Purchase
Raspberry Pi's stock jumped sharply this week, driven by CEO Eben Upton's share purchase and speculation about AI applications on its affordable hardware. The rally highlights growing investor interest in edge computing as an alternative to cloud-based AI.
Unilever Gains on Google Cloud AI Deal Amid Analyst Caution
Unilever shares rose slightly following a new AI and data partnership with Google Cloud, as analysts express caution over valuation after a strong run. The company's India unit also plans a $220 million manufacturing expansion.
Xero Shares Edge Higher on Melio-Related Share Issuance, Eyes on April Escrow Release
Xero's stock closed up 0.8% at A$80.55 following a disclosure of 61,445 new shares issued for the Melio deal. A larger tranche of 1.32 million shares is set to exit voluntary escrow on April 15, 2026.
Raspberry Pi Shares Surge 25% on CEO Purchase and AI Speculation
Raspberry Pi Holdings shares surged 25.2% in early London trading, extending a multi-day rally fueled by CEO Eben Upton's share purchase and speculation about AI uses for its hardware.