Articles by Sarah Chen
Alibaba Shares Near 52-Week Low Despite Kling AI Investment
Alibaba shares in Hong Kong rose 5.1% for the week but remain near their 52-week low as the company joins Kuaishou's Kling AI funding round alongside Tencent and Baidu.
Bitmine Stock Trails Crypto Holdings After Russell 1000 Entry
Bitmine (BMNR) shares ended the holiday-shortened week at $14.36, up 1.48%, but still trade at a discount to the company's $9.8 billion in crypto and other assets.
Nebius Faces New Risk as Meta Cloud Plans Emerge
Nebius shares dropped 5.92% on news Meta may build its own AI cloud, threatening a major contract. Two-day trading volume hit 54.83 million shares, about 25% of Nebius's Class A float.
Dell's Texas Move Sets $7.7B Bar for Shareholder Lawsuits
Dell's reincorporation in Texas includes a 3% ownership rule for derivative lawsuits, equating to about $7.7 billion. Shares dropped 7.27% to $394.32, despite strong AI server revenue.
Trump Crypto Empire Reaps $1.4B While Most Traders Face Losses
New data shows Trump-linked crypto tokens led to $3.81 billion in losses across nearly a million wallets, while Trump personally earned $1.4 billion from family crypto projects.
Meta's $62B AI Cloud Deals at Risk as Internal Plans Evolve
Meta's potential cloud business threatens $62B in AI capacity deals with CoreWeave and Nebius, as investors weigh capex risks and neocloud stock selloffs.
Theo Invests $20M in Fidelity International Tokenized Fund, FILQ
Theo invested $20 million in Fidelity International's FILQ tokenized fund via Sygnum, the first crypto-native platform allocation. FILQ's onchain assets total $55.1 million.
Oracle's $638B AI Backlog Faces $95B Capex Challenge
Oracle (ORCL) reveals a $638 billion AI backlog, yet its $95 billion capex plan and negative free cash flow have investors questioning the funding strategy.
Bitmine's Ether Holdings Surpass Market Cap as Independence Day Halts Trading
Bitmine's gross holdings of Ether, Bitcoin, and cash total about $10.08 billion, exceeding its $8.18 billion market cap. Trading resumes Monday after the Independence Day holiday.
MARA Holdings Ends Week Below Insider Tax Price; Long Ridge Deal in Focus
MARA finished Thursday at $12.40, down 7.26%, ending a four-day slide ahead of the July 4 holiday. New filings show insider tax-related share withholding at $13.89, while the Long Ridge deal provides key financial context.
Trump Crypto Earnings Match New Federal Child Fund
President Trump's $1.4 billion in crypto earnings for 2025 roughly matches the federal seed deposits for 1.4 million Trump Accounts, as Treasury plans to invest in the SPDR S&P 500 ETF. The disclosure raises ethics questions.