Articles by Sarah Chen
Flex Shares Gain Amid AI Data Center Rally, Investor Day in Focus
Flex Ltd. shares advanced as AI and semiconductor stocks rallied. Investors await the company's May 13 Investor Day for updates on its data center power and cooling business growth.
Apple Shares Gain on Analyst Optimism, Regulatory Developments
Apple's stock advanced nearly 2% Wednesday, approaching a $4.05 trillion valuation, following a Bernstein price target increase and UK regulatory progress. Investors await key inflation data.
Alphabet Shares Decline Amid Regulatory Scrutiny and AI Investment Concerns
Alphabet's Class C shares fell over 2% as the EU approved its Wiz acquisition but faced new antitrust complaints, while a $20 billion bond sale highlighted AI spending pressures.
Amazon Shares Retreat as Investors Assess AI Capex and Healthcare Expansion
Amazon stock declined 0.7% Wednesday as markets weighed the company's substantial AI investment plans and a major pharmacy delivery expansion.
Nationwide Pioneers Fully Digital Mortgage Signing in UK Market
Nationwide Building Society has launched the UK's first fully digital mortgage signing process, eliminating the need for physical witnesses. The move aims to accelerate property transactions amid industry-wide delays.
Tesla Shares Edge Lower Amid Leadership Shift and China Tech Partnership
Tesla stock dipped 0.2% in premarket trading following a management reshuffle and a new collaboration with Tencent for WeChat integration in Chinese vehicles. The company also faces labor tensions at its German plant.
Intel Recovers Slightly After Sharp Sell-Off, Focus Shifts to Upcoming Catalysts
Intel shares edged higher in premarket trading Wednesday, attempting to stabilize after a 6% decline. Investors are assessing macro risks and awaiting the company's upcoming presentation at Mobile World Congress.
Phio Pharmaceuticals Shares Surge on Positive Skin Cancer Trial Data
Phio Pharmaceuticals stock climbed nearly 10% premarket following encouraging safety and efficacy results from a Phase 1b skin cancer study. The company targets an FDA submission in the second quarter of 2026.
Intel Recovers Slightly in Premarket After Sharp Sell-Off, Eyes AI and Auto Wins
Intel shares edged up 0.45% in premarket trading, attempting to stabilize after a 6.19% plunge. The chipmaker faces supply constraints and a projected Q1 2026 loss but is highlighting AI and automotive partnerships.
Lumentum Shares Slide in Extended Trading Ahead of Key Investor Conferences
Lumentum Holdings stock declined 2.8% in after-hours trading following a volatile session, as investors await management commentary at upcoming Susquehanna and Morgan Stanley events.
ServiceNow Leads Software Rebound as Analysts Cite AI Overreaction
ServiceNow shares climbed 2.5% to $106.48, leading a broader software recovery after a recent selloff. JPMorgan and Morgan Stanley analysts attributed the decline to sentiment-driven AI fears rather than fundamental weakness.
MSTR Shares Slide After-Hours as Bitcoin Purchase Strategy Continues
Strategy Inc shares fell roughly 4% in extended trading following a new bitcoin acquisition and comments from Chairman Michael Saylor reaffirming the company's crypto-focused approach.