Articles by Sarah Chen
Krafton Eyes AI Robotics and $1 Trillion Shareholder Returns After Record Revenue
Krafton is exploring applying its game-trained AI to humanoid robots while launching a major shareholder return program after achieving record annual revenue.
Kraken Launches 3% Deposit Match, Capped at $30K Through March
Kraken is running a promotion matching 3% of new cash and crypto deposits, with rewards limited to $30,000 per account. The bonus comes with an 18-month holding requirement.
Kyndryl Deploys Policy-as-Code to Rein In Autonomous AI Agents
Kyndryl has introduced a policy-as-code system to enforce business rules on autonomous AI agents in regulated environments, responding to growing governance concerns.
Coinbase CEO's Wealth Plummets Amid Q4 Loss, $500M Stock Sale
Coinbase reported a quarterly loss driven by declining trading volumes, while CEO Brian Armstrong sold more than $500 million in shares over nine months, erasing over $10 billion from his net worth.
Analog Devices Dips After Barclays Upgrade, Eyes Earnings and CPI
Analog Devices shares declined 1.7% to $331.38, pulling back from a recent peak. The drop occurred even as Barclays upgraded the stock, citing potential industrial recovery.
Standard Chartered Partners with B2C2 to Enhance Institutional Crypto Access
Standard Chartered has entered a strategic partnership with crypto market maker B2C2 to expand institutional access to digital assets by connecting clients directly to the bank's payment and settlement infrastructure.
Qualcomm Downgraded by Daiwa Amid Smartphone Memory Supply Concerns
Qualcomm stock declined 1.8% after Daiwa Securities cut its rating to neutral with a $140 target, highlighting DRAM supply issues impacting smartphone demand.
IREN Tumbles 6% Amid Bitcoin Retreat, CPI Jitters Weigh
IREN stock dropped 6.1% to $40.06, underperforming peers as Bitcoin fell 2.7%. Investors reduced risk exposure before Friday's inflation report.
Uber Stock Dips Amid AI Expansion and Robotaxi Launch
Uber Technologies stock declined 0.7% as it debuted a commercial robotaxi service in Abu Dhabi and introduced an AI-powered grocery assistant, amid broader tech sector volatility.
Texas Instruments Retreats as Chip Stocks Slide Ahead of Inflation Data
Texas Instruments shares declined 1.4% to $223.34, reversing earlier gains as semiconductor stocks weakened ahead of key inflation data. The company's planned $7.5 billion acquisition of Silicon Labs remains in focus.
Lam Research Dips Amid Export Settlement, CPI and Applied Materials Results Loom
Lam Research shares declined slightly in volatile trading as the sector digested a major export-control settlement and awaited key inflation data and peer earnings.
Bitcoin Retreats Below $66K Amid ETF Outflows and Platform Concerns
Bitcoin declined below $66,000 Thursday, pressured by significant outflows from U.S. spot ETFs and a withdrawal freeze at crypto firm BlockFills.