Articles by Sarah Chen
Intel's 200% Rally Faces Reality Check After Computex Reveal
Intel shares fell 5.1% on Friday, trimming a 200% year-to-date rally, as the company unveiled new data-center chips at Computex but faces skepticism over its AI turnaround.
Marvell Stock Holds Near Record Highs After AI-Driven Revenue Boost
Marvell Technology shares ended Friday at $205.00, gaining 4.4% for the week after reporting record Q1 sales of $2.418 billion and raising its AI-led revenue outlook.
Rocket Lab Retreats After Blue Origin Incident; Traders Weigh Next Moves
Rocket Lab shares fell 3.1% Friday after a Blue Origin rocket test explosion, but the stock posted weekly gains. The company closed a key acquisition and won a $90 million Space Force contract.
Bitmine Eyes Ether Support and Russell Index Inclusion in Pivotal Week
Bitmine Immersion Technologies faces a pivotal week as its $12.3 billion Ether-heavy portfolio and potential Russell 3000 inclusion drive market focus, with shares near $19.27.
D-Wave Shares Climb Ahead of Investor Day, CHIPS Act Funding in Focus
D-Wave Quantum (QBTS) closed Friday at $30.14, up 2.2%, ahead of its June 1 investor day. Focus is on $100 million in proposed CHIPS Act funding, which is not finalized and may dilute shares.
Aurora Innovation Gets Outperform Rating, Shares Jump Ahead of Monday Trading
Aurora shares surged 3.8% to $7.34 after Northland gave an Outperform rating and $11 target, citing AI and autonomous driving. The company expects hundreds of driverless trucks by year-end.
Trade Desk Slips as Competition Fears Weigh; Analyst Issues Sell Rating
Trade Desk shares ended the week down 3.7% at $21.56, lagging market gains, as a new analyst warning and competitive pressures from Google and Amazon weigh on sentiment.
Dell Soars on AI Server Boom, But Sustainability in Question
Dell Technologies shares jumped 33% after reporting record Q1 revenue of $43.8B, driven by $16.1B in AI server sales. The company raised its AI server target to $60B for the year, but questions about sustained demand persist.
Tesla's Rally Halts as Robotaxi Ambitions Face New Scrutiny
Tesla shares fell 1.43% on Friday, snapping a six-day rally, as reports of Full Self-Driving software struggles and a massive capital spending plan weigh on the stock.