Articles by Sarah Chen
Adobe Shares Surge on AI Shopping Data, Weekly Gain Nears 6%
Adobe shares jumped 7.36% Friday, posting a 5.9% weekly gain, fueled by strong AI shopping data and bullish sentiment. Q2 earnings are due June 11.
XRP Recovers Above $1.30, Faces Key Resistance at $1.40
XRP rebounded above $1.30 to near $1.34, up 1.63% in 24 hours with $2.46B volume. Key support and resistance levels stand at $1.20 and $1.40.
Anthropic Hits $965B Valuation in Record AI Funding Round
Anthropic closed a $65 billion Series H round at a $965 billion valuation, overtaking OpenAI. The company reported $47 billion in run-rate revenue and may pursue debt financing and an IPO.
Dell's AI Server Boom Lifts Super Micro Shares, But Risks Loom
Super Micro Computer shares jumped 11.6% on Friday after Dell Technologies boosted its AI-server revenue forecast, though export control probes and margin concerns persist.
Palo Alto Networks Hits Record High on AI Security Demand Ahead of Earnings
Palo Alto Networks shares hit a record $281.69, up 9.3%, as AI security tailwinds and analyst optimism fuel buying ahead of earnings.
Zeta Global Soars 13% on AI Optimism and Options Surge
Zeta Global shares surged 13.43% Friday amid heavy call-option activity and a loyalty-data study. Q1 revenue grew 50% to $396 million, and the company lifted its 2026 revenue forecast.
POET Technologies Stock Slips Again as $400M AI Optics Plan Faces New Hurdles
POET Technologies shares dropped 7.3% Friday, closing at $12.29 as the company's $400 million AI optics push faces setbacks including canceled orders and a securities class action.
Microsoft Rallies on $9.7B Pentagon Deal and AI Model Unveiling
Microsoft shares climbed over 5% to $450.24 on a $9.7B Pentagon deal and upcoming AI model launches, pushing its market value near $3.35 trillion.
Aurora Gains on Analyst Optimism, Autonomous Trucking Focus
Aurora Innovation shares climbed 3.6% Friday after Northland Securities began coverage with an Outperform rating. The autonomous trucking firm is advancing paid driverless freight routes.
Bitmine Stock Gains on $12.3B Crypto Holdings and Russell Index Consideration
Bitmine shares edged up 1% as the company revealed $12.3 billion in crypto and investments, including 5.39 million ETH, and was included on FTSE Russell's draft list for index additions.