Articles by Sarah Chen
XRP Faces $1.37 Hurdle as Bullish $10 Forecasts Meet Skepticism
XRP trades near $1.37 as bullish $10 forecasts clash with skepticism over Ripple's payments strategy. Standard Chartered projects $2.80 by 2026, but analysts warn RLUSD stablecoin may reduce XRP's role.
Seagate Stock Slips on Supply Constraints Amid AI Storage Surge
Seagate shares dropped again Tuesday after CEO Dave Mosley said new factories take too long to meet AI demand, focusing on tech upgrades instead.
Bakkt Shares Surge After Director's $4.85M Insider Purchase
Bakkt shares surged 14.2% pre-market after director Michael Alfred acquired $4.85 million in stock. CEO Akshay Naheta also exercised options as the company shifts focus to stablecoin payments.
Relay Therapeutics Surges on Promising Vascular Anomaly Data
Relay Therapeutics shares surged 11.3% premarket after reporting a 60% volumetric response rate from its Phase 2 trial of zovegalisib for vascular anomalies, with no patient discontinuations due to adverse events.
Roblox Shares Rise on User Data Bump, Safety Concerns Weigh
Roblox shares rose in early trading as third-party data showed a week-over-week gain in concurrent users, though safety-related challenges and a lowered bookings forecast persist.
ServiceNow AI Gains Pressure Salesforce as BofA Highlights Diverging Fortunes
ServiceNow shares jumped 8.8% after Bank of America resumed coverage with a Buy rating, highlighting AI as a key growth driver. Salesforce rose 3.4% despite an Underperform rating.
Zeta Global Shares Surge on OpenAI Advertising Pact
Zeta Global shares climbed 3.4% in premarket trading Tuesday after CEO David Steinberg revealed an advertising deal with OpenAI at a JPMorgan conference.
HIVE Digital Soars 29% on Plans for Massive AI Data Center Near Toronto
HIVE Digital Technologies stock jumped 28.6% to $3.46 on Monday after unveiling plans for a 320 MW AI data center near Toronto, aiming for over 100,000 GPUs by late 2027.
LiveRamp Surges on Publicis $2.5 Billion Cash Acquisition Offer
LiveRamp shares soared after Publicis Groupe announced a $2.5 billion cash takeover, signaling a major bet on data collaboration for AI-powered marketing.
Zeta Global Soars 12% on OpenAI Advertising Pact
Zeta Global shares jumped 12% on Monday after the company revealed an agreement to assist OpenAI with its advertising operations, outpacing a declining broader market.
ServiceNow Surges on Bullish AI Outlook from Bank of America
ServiceNow shares surged 8.8% Monday after Bank of America reinstated coverage with a Buy rating and $130 target, highlighting AI-driven workflow opportunities.