Articles by Sarah Chen
Snowflake Stock Surges on $6B AWS Deal, Raised Outlook
Snowflake shares surged over 33% following a $6 billion AWS deal and an upbeat fiscal 2027 revenue forecast, prompting at least 30 analysts to raise price targets.
Super Micro Shares Jump on Taiwan Seizure and European AI Cloud Deal
Super Micro shares surged 6.2% after Taiwan officials arrested three suspects and seized 50 servers in an export case, while the company announced a major AI cloud deal with Verda in Europe.
Infleqtion Shares Surge 8.7% on Oxford Expansion Plans Despite Insider Sale
Infleqtion shares jumped 8.7% on plans to open an Oxford Quantum Innovation Centre, but a recent insider stock sale by Maverick-linked entities adds caution.
Bitmine Stock Dips as Ether Slips Below $2,000; $12.3B Crypto Bet in Focus
Bitmine shares fell 4.6% after ether dipped below $2,000. The company holds $12.3 billion in crypto and is poised for Russell 3000 index rebalancing.
Archer Aviation Edges Higher as Focus Shifts to Certification and Defense Expansion
Archer Aviation shares edged up 0.5% to $6.55 in early trading, with the market focused on FAA certification progress for its Midnight eVTOL and broader defense opportunities.
SoFi Launches Bank-Backed Stablecoin for Retail Users, Expanding Crypto Reach
SoFi Technologies launches its bank-issued SoFiUSD stablecoin for nearly 15 million app users, expanding crypto services beyond enterprise clients. Shares trade at $16.17.
Micron's AI Memory Dominance Tested as Shares Dip Ahead of Trading
Micron shares dip 1.82% in premarket after hitting $1 trillion market cap. AI memory demand drives growth, but oversupply concerns persist.
Ford Hits 2022 High on Energy Storage Deal, Not Auto Sales
Ford (F) shares hit their highest since August 2022, driven by a major battery storage deal with EDF, as investors focus on its energy unit over vehicle sales.
Hoth Therapeutics Rebrands as Rocket One, Shares Surge on AI Chip Pivot
Hoth Therapeutics rebranded as Rocket One Inc., starting trading under RKTO on Thursday. Shares surged 47% pre-market after the pivot to AI chip tech for space.
Meta's Subscription Launch Drives Stock Rally
Meta shares jumped 3.74% to $635.25 on Wednesday after introducing paid subscription plans across its apps and AI tools, while raising its 2026 capital spending forecast to $125-$145 billion.
Nvidia's $5.19 Trillion AI Trade Stalls Amid Chip Sector Pullback
Nvidia shares fell 1.1% Wednesday, pausing after a strong rally, as the broader chip sector slid. The AI bellwether's market cap sits near $5.19 trillion.