Articles by Sarah Chen
Micron Joins Trillion-Dollar Club; Key Week Ahead May Set Direction
Micron's market cap surpassed $1 trillion as shares closed at $971. Analysts raised price targets sharply on tight HBM supply and AI demand. Samsung's new HBM4E chip adds competitive pressure.
Estonia Approves Tesla FSD, Market Awaits Monday Trading Session
Tesla shares gained 2.3% last week after Estonia approved its FSD system. U.S. markets will react Monday, with European registrations up 46.5% in April.
SoFi Stock Rises 17% After Stablecoin Launch, Monday Open Key
SoFi Technologies shares surged 17% last week after launching its SoFiUSD stablecoin. The stock closed at $18.22 with a market cap near $25.1B.
XRP Holds Steady Near $1.34 Despite Mixed ETF Flows and Policy Uncertainty
XRP remains near $1.34, down 2% for the week, as US spot ETFs attract $35 million in inflows while broader crypto outflows and policy delays keep the token rangebound.
Axon's AI Drone Surge Drives 16% Weekly Gain, Analyst Targets Diverge
Axon Enterprise shares surged 16.5% in a week, boosted by a 34% Q1 revenue jump and over 700% growth in AI product revenue. Wall Street remains divided with analyst targets ranging from $440 to $662.
Lam Research Nears Record High Ahead of CFO's Tech Conference Speech
Lam Research stock closed near record highs on Friday, with investors focused on AI-driven demand and CFO Doug Bettinger's upcoming speech at Bank of America's Global Technology Conference.
IonQ Rises as Quantum Computing Sector Gains Momentum
IonQ shares rose 2.75% to $72.07 Friday, extending a 13% weekly gain, as quantum computing stocks drew fresh interest following IBM's $10 billion investment pledge.