Articles by Sarah Chen
Joby Aviation Shares Slide 24% Below January Stock Offering Price
Joby Aviation shares slid 2.2% to $8.64, trading well below its January stock offering price and convertible note conversion price, as the company burns cash amid eVTOL development.
Maruti Suzuki Taps Battery Recycler, AI Startups for Strategic Edge
Maruti Suzuki picks five startups, including battery recycler MiniMines and four AI firms, to enhance EV strategy and efficiency. Stock closed 2.42% lower on NSE.
Applied Materials Surges 11.7% as Analyst Targets Climb Above Street Average
Applied Materials (AMAT) soared 11.7% to $699.97, far outpacing semiconductor ETFs, as analysts raised targets and the company launched new AI chip tools. The stock now trades above its average analyst target.
MicroStrategy's Bitcoin Sales Approved as NAV Ratio Dips Below 1
MicroStrategy (MSTR) is now authorized to sell bitcoin to support dividends and buybacks, after its enterprise value dropped below the value of its bitcoin holdings. The firm raised its preferred dividend to 12% and set a minimum USD reserve policy.
NASA's $30M Swift Rescue Mission Could Pave Way for Satellite Servicing
NASA's $30 million contract with Katalyst Space aims to boost the Swift satellite, testing a scalable rescue model that could save billions in replacement costs.
MARA's Bitcoin Holdings and Long Ridge Deal Drive Stock Amid Crypto Dip
MARA stock gains 4.5% as $2.1B bitcoin holdings and Long Ridge power deal shape investor focus ahead of a short trading week.
XRP Hovers Near $1 as Futures Activity Dwarfs ETF Inflows
XRP hovers near $1 support after an 8.6% weekly drop, as futures open interest reaches $2.37 billion, far exceeding spot ETF inflows, indicating derivatives are the main driver of near-term price action.




