Articles by Sarah Chen
Intel Shares Surge on China Server CPU Supply Crunch
Intel stock climbed nearly 5% Friday amid reports of server processor shortages and price increases in China, with delivery delays extending up to six months.
IBM Holds Near $300 as Key Events Loom: Confluent Vote, CPI Data Ahead
IBM shares gained 3.1% to $298.93 on Friday, outpacing major tech peers. Investors are focused on the upcoming shareholder vote for its $11 billion Confluent acquisition and the January CPI report.
Lam Research Surges 8% Amid Semiconductor Rally, Eyes on Macro Data and Nvidia
Lam Research shares climbed 8.2% to $231.01 Friday, riding a semiconductor sector rally fueled by AI data-center spending optimism. Investors now await key U.S. economic reports and Nvidia's upcoming earnings.
Amazon's Massive AI Capex Plan Sends Shockwaves Through Tech Sector
Amazon's projected $200 billion capital expenditure for 2026, significantly above expectations, triggered a 5.6% stock drop while fueling a chip rally. The tech sector faces rotation pressures with software stocks losing $1 trillion in value since late January.
Quantum Computing Stocks Surge as Tech Sector Rebounds
Shares of quantum computing companies soared Friday, with IonQ, Rigetti, D-Wave, and Quantum Computing Inc gaining 15-21% amid a broad tech rally. Heavy trading volume accompanied the moves.
XRP Holds $1.42 Amid Whale Activity, Traders Eye U.S. Economic Data
XRP stabilized near $1.42 with significant whale transactions and new address growth reported. Market participants await key U.S. economic indicators this week amid thin liquidity conditions.
Alibaba Shares Rebound as AI App Frenzy Meets Technical Hiccups Ahead of Earnings
Alibaba's U.S.-listed stock rose 3% Friday, halting a six-session decline amid a broader tech rally. Its Qwen AI app surged to the top of China's App Store following a massive giveaway, but outages and platform restrictions marred the launch.
Oracle Shares Rebound on $50 Billion Cloud Funding Plan
Oracle stock surged 4.6% to $142.82, ending an eight-day losing streak after announcing plans to raise up to $50 billion for cloud expansion in 2026.
Oracle Rebounds on $50B Cloud Funding Plan, Ending 8-Day Decline
Oracle shares surged 4.6% to $142.82 Friday, halting an eight-session losing streak. The rally followed the company's announcement of plans to raise $45–$50 billion in 2026 to expand its cloud infrastructure.
ASML Rides Chip Rally Ahead of Key Economic Data and Dividend Date
ASML shares surged 4.6% on Friday, mirroring a 5.7% gain in the semiconductor index, as investors returned to AI-related stocks. Attention now turns to upcoming U.S. jobs data and the company's ex-dividend dates.