Articles by Sarah Chen
Bitcoin Stabilizes Above $60K Amid ETF Exodus and Institutional Caution
Bitcoin steadied above $60,000 after a steep weekly decline and record ETF outflows, with traders awaiting fresh fund flows and inflation data to gauge the next move.
Apple's WWDC AI Test: Siri Upgrade Could Spark Stock Move
Apple shares slipped 1.5% last week as investors await WWDC, where a credible AI strategy—especially a more capable Siri—could trigger a 3% stock swing.
IREN Stock Drops 12% Despite $3.65B GPU Financing and Australia Expansion
IREN shares plunged 12.14% to $54.35 Friday as investors assessed a $3.65B GPU financing deal and new Australia data center project against ongoing crypto volatility and execution risks.
BB Stock Slides 9% in Tech Rout, Rally's Staying Power Tested
BlackBerry shares dropped 9% Friday in a tech selloff, though the stock still rose 4.6% for the week. Focus shifts to QNX growth and upcoming earnings on June 25.
Crypto Crash Deepens: Portnoy's Losses Mount as $390B Wiped Out
Dave Portnoy's crypto losses deepen amid a $390 billion market rout. Strategy's sale of 32 Bitcoin rattles investors, raising concerns of further sales.
Bitcoin Dips Below $60K as ETF Outflows Surge and Strategy Sells
Bitcoin dropped below $60,000 for the first time since October 2024, with $4.4 billion in ETF outflows and a rare sale by Strategy pressuring prices. Analysts eye $59,750 as critical support.
Rigetti Computing Shares Tumble 14.5% as Tech Selloff Deepens on Rate Jitters
Rigetti Computing shares plunged 14.5% to $20.68 as a broad tech selloff, triggered by strong May payrolls and rate fears, swept through quantum stocks.
BitMine Stock Plunges After $273.8M Preferred Offering for Ethereum
BitMine shares dropped nearly 11% after announcing a $273.8 million preferred stock offering to support its Ethereum-focused treasury strategy.
Apple's WWDC: AI Hopes vs. Rate Reality
Apple shares slid 1% to $308.21 ahead of WWDC as tech stocks fell. Investors seek concrete AI and Siri updates amid a strong jobs report that dims rate cut expectations.
Tesla Stock Tumbles Despite J.P. Morgan's Bullish Price Target Hike
Tesla shares slid about 5% to $397.42 Friday despite J.P. Morgan lifting its rating and tripling its price target to $475, as investors weighed robotaxi ambitions against safety and regulatory risks amid a broader tech selloff.