Articles by Sarah Chen
Applied Materials Surges 11.7% as Analyst Targets Climb Above Street Average
Applied Materials (AMAT) soared 11.7% to $699.97, far outpacing semiconductor ETFs, as analysts raised targets and the company launched new AI chip tools. The stock now trades above its average analyst target.
MicroStrategy's Bitcoin Sales Approved as NAV Ratio Dips Below 1
MicroStrategy (MSTR) is now authorized to sell bitcoin to support dividends and buybacks, after its enterprise value dropped below the value of its bitcoin holdings. The firm raised its preferred dividend to 12% and set a minimum USD reserve policy.
NASA's $30M Swift Rescue Mission Could Pave Way for Satellite Servicing
NASA's $30 million contract with Katalyst Space aims to boost the Swift satellite, testing a scalable rescue model that could save billions in replacement costs.
MARA's Bitcoin Holdings and Long Ridge Deal Drive Stock Amid Crypto Dip
MARA stock gains 4.5% as $2.1B bitcoin holdings and Long Ridge power deal shape investor focus ahead of a short trading week.
XRP Hovers Near $1 as Futures Activity Dwarfs ETF Inflows
XRP hovers near $1 support after an 8.6% weekly drop, as futures open interest reaches $2.37 billion, far exceeding spot ETF inflows, indicating derivatives are the main driver of near-term price action.
Bitcoin Slips Below $60,000 as ETF Outflows Exceed New Supply Ahead of Jobs Report
Bitcoin dropped below $60,000 as ETF outflows reached $1.79 billion, far outpacing new supply. The June jobs report could add further pressure.
BitMine Stock Discount Widens as Crypto Drop Tests Index Inclusion Impact
BitMine stock closed Friday at $13.56, 21% below its reported holdings value, as ether's drop and Russell 3000 inclusion pressure the discount.
IonQ Stock Drops 15% but Quantum Valuation Premium Remains
IonQ shares dropped 15.45% over five sessions, but with a market cap of $18.3 billion and trading at 69 times 2026 revenue, the quantum premium persists.