Articles by Sarah Chen
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.
POET Technologies Surges on AI Photonics Hype Amid Legal and Dilution Risks
POET Technologies shares rose 11% to $12.53 on AI photonics momentum, but investors face legal risks, dilution, and upcoming catalysts including the June 26 annual meeting and June 29 lead-plaintiff deadline.
Nokia Stock Surges on AI Optical Network Growth Prospects
Nokia's ADR rose 5% to $14.80 on JPMorgan's bullish note, highlighting AI-driven optical network demand. Q2 results on July 23 will test if orders translate into revenue.
Intel Rallies on Foundry Hopes, Approaches 52-Week High
Intel shares jumped 6.51% to $124.57 on foundry optimism from a Google TPU order and BofA upgrade, but trade above analyst targets with negative earnings, increasing risk before Q2 results.
IonQ Ends Week at $57.85 as Analysts Eye $100 Target Despite Valuation Concerns
IonQ closed at $57.85, down 0.24%, with a $21.5B market cap. Analysts remain bullish with a $64.69 consensus target, but valuation at 81x revenue and EBITDA losses highlight risks.
KLA Surges on Stock Split and AI-Driven Analyst Optimism
KLA Corporation (KLAC) surged 5.55% to $254.54 on its first split-adjusted day, boosted by a 10-for-1 stock split and analyst upgrades tied to AI-driven semiconductor equipment demand.
Cisco's AI Hopes Tested as Valuation Concerns Weigh on Shares
Cisco shares fell 0.6% Friday as Wall Street weighs strong AI demand against valuation and margin risks ahead of Q4 earnings.
Nvidia's Market Cap Nears $5 Trillion as AI Demand Signals Diverge
Nvidia's market cap nears $5 trillion amid strong AI demand signals from a $10 billion infrastructure fund and Vera China launch, but risks like stalled GPU shipments and high valuation persist.
NuScale Power Stock Bounces to $10 as Investors Eye SMR Commercialization Path
NuScale Power shares gained 4.5% to $10.00 on news of a new training center, but the company's first-quarter revenue of $565,000 and $46.7 million net loss keep focus on potential customer commitments.