Articles by Sarah Chen
Lumentum Shares Retreat as AI-Driven Rally Pauses
Lumentum stock declined 2.4% following a recent surge tied to artificial intelligence and data-center spending. The company recently reported quarterly revenue of $665.5 million and issued an upbeat forecast.
MongoDB Shares Surge on Analyst Optimism Ahead of Earnings
MongoDB stock gained over 6% as Morgan Stanley and Goldman Sachs expressed confidence in cloud demand, easing AI disruption concerns ahead of the company's March earnings report.
Palo Alto Networks Gains Ahead of CyberArk Merger Close, Eyes Earnings
Palo Alto Networks shares edged higher as Nasdaq set a timeline for the closure of its $25 billion acquisition of CyberArk, with investors looking to upcoming earnings for integration signals.
Figma Shares Surge 10% Amid Software Sector Rebound Ahead of Earnings
Figma stock rallied over 10% as investors returned to beaten-down software names, with record inflows into a key tech ETF. The company reports quarterly results on February 18.
Oracle Shares Extend Rally on Analyst Upgrade Citing AI Cloud Demand
Oracle stock climbed for a second consecutive session after D.A. Davidson upgraded shares to 'buy,' highlighting potential revenue from OpenAI-linked cloud infrastructure and new AI features in enterprise software.
Strategy Inc Shares Decline Amid Bitcoin Purchase and Debt Refinancing Plans
Strategy Inc shares fell 1.6% after disclosing a $90 million bitcoin acquisition funded by stock sales. Executive chairman Michael Saylor affirmed ongoing quarterly crypto purchases and potential debt refinancing.
AMD Stock Steady Near $216 Amid Tariff Exemption Reports and Economic Data Watch
AMD shares showed minimal movement as reports surfaced about potential AI data center exemptions from upcoming U.S. chip tariffs. Investors are also awaiting key jobs and inflation data this week.
Palantir Gains on Daiwa Upgrade Amid Software Sector Volatility
Palantir shares rose 1.6% after Daiwa upgraded the stock to Buy, as traders await key U.S. inflation data that could sway tech valuations.
Alphabet Shares Slide on $20B Bond Offering and European AI Scrutiny
Alphabet's stock declined nearly 2% as the company launched a $20 billion bond sale to fund AI infrastructure while facing a new antitrust complaint in Europe over its AI Overviews feature.
AI Sector Sees Divergence: Datadog Soars on Earnings, Alphabet Issues Debt for Infrastructure
Datadog shares surged over 14% after strong quarterly results driven by AI demand, while Alphabet sold $20 billion in bonds to fund AI infrastructure spending. Cisco and Cadence gained on new chip developments.
XRP Tests $1.40 Support Amid Crypto Market Retreat; ETF Inflows and Ripple Event in Focus
XRP declined approximately 2.7% to near $1.40, testing a key technical level as the broader digital asset market faced pressure. Traders are monitoring U.S. spot ETF inflows and an upcoming Ripple community event.