Articles by Sarah Chen
Seagate Completes $600M Debt Exchange, Sets Investor Events
Seagate Technology has agreed to a $600 million debt exchange, swapping notes for cash and new equity. The transaction is scheduled to settle around February 17.
XRP Gains on Inflation Data, Ripple-Aviva Tokenization Deal
XRP climbed roughly 3.4% to $1.41, buoyed by mild U.S. inflation figures and a new institutional tokenization initiative between Ripple and Aviva Investors.
MSTR Surges as Bitcoin Rebounds, Investors Eye Funding and Dividends
Strategy Inc shares climbed nearly 8% on Friday, mirroring bitcoin's advance toward $69,000, while crypto-linked equities also gained ground.
Netflix Shares Stagnate Amid Warner Deal Uncertainty, Insider Sales
Netflix shares showed little movement Friday as reports emerged of a possible shareholder challenge to a Warner Bros Discovery partnership. Insider stock sales and fresh inflation figures added to the market backdrop.
Palantir Stock Recovers as Defense Deal Counters Burry's Bearish Bet
Palantir stock rose 1.2% to $130.71, recovering from a sharp drop triggered by Michael Burry's bearish note. The company secured a key U.S. defense cloud authorization.
Apple Shares Slide Amid Regulatory Pressure and AI Development Delays
Apple shares fell in Friday trading, extending losses after a sharp selloff. The decline follows an FTC warning about Apple News and reports of delays to new Siri AI capabilities.
Microsoft Gains on Cool Inflation Data, Aramco AI Partnership
Microsoft shares advanced slightly Friday following cooler-than-expected inflation figures and a new AI partnership announcement with Saudi Aramco.
Coinbase Rebounds on Buyback Plan Despite Q4 Loss; CPI Data Awaited
Coinbase stock gained over 6% in premarket trading following a new $2 billion share repurchase program, countering a quarterly loss driven by crypto portfolio declines. The market now awaits U.S. CPI data.
Algorhythm's AI Freight Claims Spark Market Turmoil, Trucking Stocks Tumble
Algorhythm Holdings shares jumped 16.7% in premarket trading following a 30% surge Thursday, as its AI freight efficiency claims triggered a selloff in trucking and logistics stocks.
Apple Shares Stabilize After $200B Rout Amid AI, Regulatory Concerns
Apple shares edged up 0.1% in premarket trading Friday, attempting to stabilize after a sharp 5% decline erased roughly $200 billion in market value. Investors are assessing internal challenges with the Siri AI overhaul and regulatory scrutiny.
Experian Gains on ChatGPT Insurance App and Buyback Announcement
Experian's stock advanced 1.6% in London trading following the launch of an insurance comparison app within ChatGPT and a new share buyback transaction.
Krafton Eyes AI Robotics and $1 Trillion Shareholder Returns After Record Revenue
Krafton is exploring applying its game-trained AI to humanoid robots while launching a major shareholder return program after achieving record annual revenue.