Articles by Sarah Chen
Corning Stock Gains Despite Flat Dividend as AI Fiber Demand Fuels Growth Bets
Corning shares jumped 6.1% to $205.83, driven by AI fiber demand, as the company held its dividend flat at $0.28 per share, yielding only 0.54%.
SpaceX Starlink Launch Cadence Signals Revenue Strength as Short Interest Rises
SpaceX completed its 59th Starlink launch of 2026, adding 24 satellites. Short interest rose to 13% of free float as shares traded at $156.08, with Starlink revenue at $11.2B.
Alibaba Stock Plunges 4.4% on Anthropic's Massive AI Data Theft Allegations
Alibaba (HKG:9988) lost 4.43% to HK$95.00, erasing HK$88 billion, after Anthropic alleged Alibaba-linked groups conducted 28.8 million illicit Claude AI exchanges, intensifying US security scrutiny.
Crypto App Fomo Raises $75M at $550M Valuation, Sparking Concerns Over High Multiples
Fomo's $75 million Series B at a $550 million valuation implies $880 per user, raising questions about private-market exuberance as crypto trading faces cyclical headwinds.
Micron and Qualcomm Surge After Hours, Sparking $400 Billion Chip Rally
Micron (MU) soared 16% after hours on $100 billion in customer commitments; Qualcomm (QCOM) jumped 13% on a $15 billion data-center target, fueling a $400 billion chip rally.
Broadcom Stock Rises on OpenAI Chip Deal, Margin Concerns Loom
Broadcom shares rose on news of a custom AI chip partnership with OpenAI, but CEO Hock Tan's margin warnings keep investors cautious.
SanDisk Surge Tested as AI Memory Demand Diverges From Micron
SanDisk (SNDK) shares surged 9.5% in after-hours trading following Micron's bullish Q4 forecast, but concerns linger over its data-center revenue mix.
Snap's AR Bet Nears Half Its Market Value as Meta Competes
Snap has invested over $3.5 billion in Specs AR glasses, nearly half its $7.5 billion market value, as Meta launches cheaper $299 AI glasses and SNAP stock slides 12% since the June 16 launch.
Archer Aviation Slips as Shareholders Await Texas Redomicile Vote
Archer Aviation shares declined for a third straight session as shareholders prepare to vote on a move to Texas, while the company advances its Midnight eVTOL into Phase 4 FAA testing.