Articles by Sarah Chen
Vertiv Stock Ends Volatile Week with Analyst Optimism Ahead of Investor Conference
Vertiv shares ended a turbulent week with a 1.4% Friday dip but a 9.1% weekly gain, as analysts from RBC and Loop Capital released upbeat reports ahead of the company's investor conference.
UMC's Share Buyback and Tech Advances Drive Stock Surge
UMC shares surged 20% last week after a NT$406.6 million buyback and launch of a 14nm display driver chip platform. April net sales rose 10.8% year-on-year to NT$22.66 billion.
Bitcoin Dips Below $80K as Rising Yields and Oil Spark Risk-Off Move
Bitcoin slipped under $80,000 as U.S. spot bitcoin ETFs recorded $290.4 million in outflows, while rising bond yields and oil prices triggered a risk-off shift across markets.
Texas Instruments Ends Week Higher Despite Chip Sector Decline
Texas Instruments closed Friday at $302.73, down 1.77% but up 5.2% for the week, outperforming a broader chip selloff as analysts raise price targets.
Silicon Motion Holds Ground Amid Nasdaq Dip, Conference Circuit Ahead
Silicon Motion shares rose 2.5% for the week, outperforming the Nasdaq's 1.5% decline. Strong Q1 earnings and raised analyst targets provide support as the company heads to key investor conferences.
XRP Holds Near $1.42 as $1.50 Level Looms Ahead of Senate Crypto Vote
XRP traded near $1.42 Saturday, down 2%, as the $1.50 level becomes key ahead of a Senate vote on crypto regulation. Bitcoin and ether also declined.
Atlassian Stock Rebounds on Friday, AI Monetization in Focus Next Week
Atlassian shares surged 8% on Friday, recovering from weekly losses, as Truist Securities reiterated a Buy rating with a $100 target, citing AI monetization as a key focus after the Team 26 event.
Palantir Defies AI Selloff, Stays Steady as Nasdaq Slips
Palantir closed Friday at $133.99, up 0.2%, showing relative strength despite a weekly loss of 2.8% and a broader tech selloff.
