Articles by Sarah Chen
AMD Surges After Citi Upgrade, Meta AI Deal Fuels Optimism
AMD shares surged 4.7% to $511.57 after Citi upgraded the stock to Buy, highlighting its AI GPU potential and Meta's Instinct chip plans.
Apple Dips on Supply Chain Worries and AI Doubts Amid $4.3T Valuation
Apple shares slipped 1.5% as concerns over an Indian iPhone-parts factory probe and doubts about Siri AI features weigh on the stock, with the next major catalyst being unconfirmed Q3 earnings on July 30.
UiPath Faces Pivotal Test as AI Automation Demand Stalls Growth
UiPath shares closed at $10.55, down about 1%, as investors focus on the company's ability to meet Q2 targets and prove AI-driven automation can accelerate recurring revenue growth.
MARA Gains 3.45% as Bitcoin Steadies Near $64,000; Long Ridge AI Deal in Focus
MARA stock rose 3.45% on Friday, driven by bitcoin's stability near $64,000 and anticipation of the Long Ridge AI pivot. Q1 results showed revenue decline and a large net loss, with the June 18 annual meeting as the next major event.
Aurora Innovation Bounces Back After 23% Slide, Driverless Truck Launch Ahead
Aurora Innovation shares recovered 2.68% to $6.13 after a seven-day 23% decline, as investors eye the Q2 second-gen hardware rollout and driverless truck deployment target.
Marvell Technology Nears Record Highs on S&P 500 Entry and AI Demand
Marvell Technology (MRVL) closed at $279.70, down 0.36%, as investors anticipate its S&P 500 inclusion before June 22. Despite strong AI-driven revenue growth, valuation concerns persist with shares trading at 96 times earnings.
IREN Shares Surge 5% as Investors Eye AI Cloud Revenue Milestones
IREN shares climbed 5.40% to $59.77 as investors assess the pace of revenue recognition from major AI cloud deals with Microsoft and Nvidia, with GPU deployment at Childress as the next catalyst.
AST SpaceMobile Tumbles as Space Stock Momentum Cools Ahead of Key Satellite Launch
AST SpaceMobile shares plunged 15.5% to $82.41 amid a sector-wide selloff after SpaceX's market debut. The upcoming June 17 BlueBird satellite launch is the next major catalyst.
Tesla Closes Above $400 Amid Robotaxi Optimism and SpaceX Debut
Tesla closed above $400 at $406.43, up 1.8%, as robotaxi bets grow and SpaceX's debut fades. J.P. Morgan raised its target to $475, citing autonomy and robotics.
SMCI Slides 4.8% on $7B Financing, AI Order Dilution Fears
Super Micro Computer shares slid 4.8% after announcing a $7B equity and convertible financing for AI-server orders, but warned the $39B in orders are not firm commitments, fueling dilution fears.
Nvidia Holds Near $5 Trillion as China CPU Push and AI Benchmark Stir Investor Interest
Nvidia shares closed near $5 trillion on Friday, as news of potential China orders for its Vera CPU and new AI benchmark results keep the stock in focus.
Cuban Dumps Bitcoin, Calls It 'Lost the Plot' as Price Tops $64K
Mark Cuban says Bitcoin has lost its purpose as a hedge, revealing he sold most of his holdings before recent conflicts, even as BTC briefly topped $64,000.