Articles by Sarah Chen
BlackBerry Stock Pulls Back After Rally, Eyes on QNX Growth
BlackBerry shares slipped 8% after a sharp rally, with investors now focused on upcoming earnings to confirm growth in QNX and secure communications.
C3.ai CEO Siebel Invests $69M to Revive Struggling AI Firm
C3.ai CEO Thomas Siebel invested nearly $69 million in company stock as the firm faces steep revenue drops and forecasts further losses, despite an expanded Shell contract.
SmartKem Stock Surges in Premarket on Heavy Volume Amid Nasdaq Compliance Concerns
SmartKem shares surged nearly 80% in premarket trading Friday following a strong close Thursday, with no new company news. The sub-$1 stock faces Nasdaq compliance issues and a shareholder vote on June 23.
SoFi Launches AI Coach; Stock Climbs in Pre-Market Trading
SoFi shares jumped 2.8% pre-market after unveiling SoFi Coach, an AI tool for personalized financial advice, as the company seeks to deepen user engagement beyond lending.
Broadcom Stock Slips After AI Revenue Forecast Misses Expectations
Broadcom shares fell after its AI chip revenue forecast of $16 billion missed Wall Street estimates, despite strong year-over-year growth.
Nvidia Holds Ground Amid AI Chip Sector Weakness
Nvidia shares rose 1.8% premarket to $218.66, holding steady as Broadcom's AI-chip forecast disappointed and Nasdaq futures slipped.
Ether ETF Inflow Breaks 17-Day Losing Streak, Yet Price Continues Decline
U.S. spot ether ETFs ended a 17-day outflow streak with a $19 million inflow on June 4, but ether's price fell 6% to $1,662, as bearish sentiment persists.
Zcash Plunges 42% After Critical Bug Found in Privacy Protocol
Zcash's ZEC token fell more than 42% after a critical vulnerability in its Orchard privacy pool was discovered, potentially enabling unlimited counterfeit coins.
Bitcoin Nears $60K as Sell-Off Intensifies, Liquidations Loom
Bitcoin edges toward $60,000 after ETF outflows and a rare Strategy sale shake confidence, with traders warning of forced liquidations if key support breaks.
XRP Nears $1.13 as Bears Dominate, Key Support Under Threat
XRP slid to $1.13, breaking its four-month $1.20-$1.60 range, as selling pressure overwhelmed institutional buying. CoinDesk warns a break below $1.14 could trigger further declines.
BitMine Targets $300M via Preferred Shares to Boost Ethereum Staking
BitMine Immersion Technologies files to sell 3 million Series A preferred shares with a 9.5% dividend to raise $300M for Ethereum staking and treasury growth. Common shares up 5.8%.