Articles by Sarah Chen
AT&T shares pressured as Starlink IPO looms, analysts flag broadband risk
AT&T shares hover near $23.55 after a 4.4% decline on concerns over SpaceX's Starlink IPO, which could upend the broadband market. Oppenheimer downgraded AT&T, flagging long-term subscriber risk.
Alphabet Stock Slips on $84.75B Equity Raise for AI Spend
Alphabet shares fell 0.7% premarket as investors reacted to its $84.75B equity raise, anchored by a $10B Berkshire Hathaway investment, to fund AI infrastructure. 2026 capex is forecast at $180-$190B.
Strategy Inc.'s Minor Bitcoin Sale Sparks Major Market Jitters
A small Bitcoin sale by Strategy Inc. sent Bitcoin down 6.7% and raised fears about the firm's commitment to holding Bitcoin.
IREN Shares Slide on Australia Data Center Expansion Despite Major Contracts
IREN shares dropped 5.8% in premarket trading after announcing an 800MW Australian data center, despite a $3.65B GPU financing deal and contracts with Microsoft and Nvidia.
BlackBerry's QNX AI Strategy Faces Investor Scrutiny Ahead of Earnings
BlackBerry shares slipped to $10.18 as executives pitched QNX as a growth engine at Baird conference. Investors eye June 25 fiscal Q1 results for proof of AI-driven revenue momentum.
Marvell Hits Record High on AI Demand and Nvidia Backing
Marvell shares surged to a record close of $301.65 following Nvidia CEO Jensen Huang's bullish comments and strong Q1 earnings, highlighting AI-driven growth in data-center networking and custom chips.
Intel Stock Rebounds on AI CPU Plans at Computex
Intel shares surged 4.43% to $112.71, halting a five-day slide, as the company pitched CPUs as key to AI at Computex, unveiling Xeon 6+ processors and rack-scale AI hardware.
Nvidia Shares Slip 3.6% as AI Rally Faces Supply and Margin Tests
Nvidia shares slid 3.6% to $214.75 on Wednesday as profit-taking after Computex and broader market weakness offset positive supply comments and new AI PC chip announcements, testing the AI rally's momentum.
Nokia Soars on AI Demand: Stock Up 18.5% in Three Days
Nokia shares surged 2.39% to €14.805, extending a three-day rally to 18.5% as AI demand drives growth. Nordea hiked its target to €15.7, far above analyst consensus.
POET Technologies Surges on AI Optics Demand, Legal Cloud Remains
POET Technologies shares surged 12% to $15.47 on heavy volume, driven by AI optics optimism and a Lumilens deal, but legal risks from a class action suit persist.
Meta Stock Soars 4% on AI Business Agent Launch for WhatsApp, Messenger, Instagram
Meta shares jumped 4.2% to $622.80 after launching an AI business agent across its messaging apps, signaling new paid products as 2026 capex rises to $145 billion.