Articles by Sarah Chen
Ether Holds Near $2,000 as Digital Art Adoption Sparks Regional Interest
Ether trades around $2,020 after testing the $2,000 support level, while Standard Chartered maintains a $7,500 price target for late 2026. Emerging discussions highlight Corning, NY as a potential hub for Ethereum-based digital art.
MIDASX Achieves Cash-Flow Milestone on Strong SaaS Growth, Expands AI Platform
Indian fintech MIDASX reported a 30% year-on-year revenue surge in Q3 FY25-26, reaching cash-flow positivity as its SaaS vertical hit break-even. The firm now connects over 1,750 intermediaries managing more than ₹2.1 trillion in client assets.
Fed Rate Cut Bets Dim as Warsh Nomination Clouds Outlook, Crypto Slips
Markets now see an 83% chance the Federal Reserve holds rates steady in March, with crypto assets declining as traders reassess policy expectations following Kevin Warsh's nomination for Chair.
Credo Technology Surges on Upbeat Revenue Outlook, AI Demand in Focus
Credo Technology shares soared in premarket trading after the company issued a strong preliminary revenue forecast for its fiscal third quarter and projected over 200% growth for fiscal 2026.
Oracle Surges on Analyst Upgrade Amid $50 Billion Fundraising Plan
Oracle shares rallied nearly 10% after D.A. Davidson upgraded the stock, easing concerns over its OpenAI exposure. The company plans to raise up to $50 billion in 2026 through debt and equity offerings.
Ether Dips as Enterprise Blockchain Shifts to Supply Chain and ESG Applications
Ether declined 1% early Tuesday while Bitcoin held steady. Industry focus is pivoting from trading to practical uses like emissions tracking and digital loyalty tokens.
Singtel Gains on AI Data Centre Launch Amid Cyberattack Concerns
Singtel shares rose slightly as its Nxera unit opened Singapore's largest AI-ready data centre, while authorities disclosed a cyberattack affecting major telecom operators.
WiseTech Global Rises on Hapag-Lloyd IoT Pilot Ahead of Earnings
WiseTech Global shares gained 2.6% after announcing a container tracking pilot with shipping giant Hapag-Lloyd, as investors await half-year results due February 25.
Xero Stock Extends Recovery as Tech Sector Stabilizes Ahead of Key Earnings
Xero shares advanced 2.2% to A$84.76, continuing a two-day rebound after last week's tech selloff. Investors now await the company's May 14 results for insights into its U.S. performance.
Snowflake Shares Surge as Jefferies Defends AI Position, Calls Selloff Overdone
Snowflake stock climbed nearly 5% in extended trading after Jefferies reaffirmed its bullish stance, dismissing recent AI-related concerns as excessive. Investors now await key inflation data and the company's upcoming earnings report.
Applied Digital Ties Executive Compensation to Hyperscaler Leasing Targets, Shares Rally
Applied Digital shares surged 9.4% after the company linked executive stock awards to ambitious data-center leasing and profit milestones. An analyst raised the price target to $56 citing potential new hyperscaler contracts.
Lam Research Shares Dip Amid Insider Sale; Market Awaits CPI and Applied Materials Earnings
Lam Research stock declined 0.75% to $229.28, partially recovering after hours, following an SEC filing revealing a director's share sale. Focus shifts to upcoming inflation data and Applied Materials' quarterly results.