Articles by Sarah Chen
Amazon's Market Cap Surges $80 Billion as AWS GPU Prices Set to Rise 20%
Amazon's stock surged $80 billion in value on Monday as AWS announced 20% GPU price increases, overshadowing Prime Day's $26.4 billion in sales.
Applied Materials Market Cap Surges $54 Billion in Single-Day Rally
Applied Materials shares jumped 10.82% to a record $694.64, adding $53.8 billion to market cap. The rally reduces the buyback's per-share impact as the stock gains 170% year-to-date.
Bitmine Trades Below Asset Value Despite Russell 1000 Inclusion
Bitmine (BMNR) trades at a 36% discount to its $9.8 billion asset base after Russell 1000 inclusion. Market cap is $6.27 billion.
Palantir Stock Gains on Nvidia AI Deal; Valuation Remains Elevated
Palantir shares rose 2.4% on an AI collaboration with Nvidia for government clients, but the stock still trades at 39x 2026 revenue, with a 26% monthly drop.
Taiwan Raid on Super Micro Office Erases $1.4 Billion in Market Value
Taiwan prosecutors expanded their investigation into suspected Nvidia-chip server diversion, searching Super Micro's Taiwan office and seizing $22 million in hardware, wiping out $1.4 billion in market value.
Joby Aviation Shares Slide 24% Below January Stock Offering Price
Joby Aviation shares slid 2.2% to $8.64, trading well below its January stock offering price and convertible note conversion price, as the company burns cash amid eVTOL development.
Maruti Suzuki Taps Battery Recycler, AI Startups for Strategic Edge
Maruti Suzuki picks five startups, including battery recycler MiniMines and four AI firms, to enhance EV strategy and efficiency. Stock closed 2.42% lower on NSE.