Articles by Sarah Chen
WhiteFiber Soars 22% on $160M AI Deal; Funding Test Looms in July
WhiteFiber shares surged 22% on a $160M AI compute deal for a Paris deployment. The contract uses NVIDIA GPUs, but execution and financing remain key hurdles ahead of a July service launch.
BlackBerry Shares Surge on Government Security Certification and QNX Growth Outlook
BlackBerry shares rose sharply after its AtHoc crisis-communications platform secured renewed U.S. government cloud security certification and executives touted QNX growth prospects.
QuantumScape Surges 9% on Production Milestones and Auto Partnerships
QuantumScape (QS) shares surged 9% Thursday, outpacing major indexes, driven by initial QSE-5 cell production from its new Eagle Line and continued partnerships with Volkswagen and other automakers.
SpaceX Starship V3 Debut Flight Set for Thursday at Starbase
SpaceX will launch its first Starship V3 from Texas on Thursday, a key test for heavier payloads and lunar missions, with a booster splashdown and engine relight planned.
AT&T Shares Rally on $15 Plan and California Fiber Push
AT&T shares gained 1.6% to $25.33 following the rollout of a $15/month Build-A-Plan wireless offering and a legal move to end legacy copper service in California.
Spotify Shares Leap 13% on AI Deal with Universal and Bullish 2030 Forecast
Spotify shares jumped 13.5% to $491.92 after unveiling an AI music licensing deal with Universal Music Group and setting ambitious growth targets through 2030.
Nebius Stock Soars 15% on $2.6B Bloom Energy Deal for AI Power
Nebius shares jumped 15.6% on a $2.6B Bloom Energy fuel cell deal to power AI infrastructure, highlighting electricity as a key sector constraint.
Kraken's Dubai License Advances UAE Crypto Market Entry
Kraken's parent Payward has secured preliminary Dubai VARA approval for a broker-dealer and investment license, moving closer to a full UAE launch with dirham funding and institutional services.
Navitas Surges on AI Power Play and Investor Conference Circuit
Navitas shares rose 5.3% to $24.20, hitting a near 52-week high, as the company's AI data center power story gains momentum ahead of investor conferences.
NewGenIVF Soars 61% on $100 Million AI Prediction Market Stake
NewGenIVF shares jumped 61% after the company agreed to acquire a 2% stake in AI prediction market platform K25.ai at a $100 million valuation.
Applied Digital Surges on $7.5B AI Data Center Lease Deal
Applied Digital shares surged 17% after a $7.5 billion, 15-year AI data center lease, lifting total contracted revenue to $31 billion. Analysts raised price targets but caution on execution and customer concentration.