Articles by Sarah Chen
Ouster Shares Surge 26% on Nvidia DRIVE Qualification for Rev8 Lidar
Ouster shares surged 26% to $34.17 after its Rev8 lidar sensors were certified for Nvidia's DRIVE Hyperion platform, targeting Level 4 autonomous vehicles.
AOI Shares Jump on Surging AI Data-Center Demand
Applied Optoelectronics surged 21% on strong AI data-center demand, with Q1 revenue hitting $81.4M. Supply constraints are expected to persist through mid-2027.
BigBear.ai Shares Extend Rally Amid Defense AI Contract Backlog Growth
BigBear.ai stock rallied 3.1% Wednesday, pushing one-month gains to 24.7%, driven by a 14% backlog increase to $281.9M from new defense and travel deals.
Aurora Surges 15% as Volvo and DSV Launch Autonomous Trucking Service in Texas
Aurora Innovation stock surged 15% after Volvo and DSV launched commercial autonomous trucking in Texas. The company aims to deploy over 200 driverless trucks by year-end.
Archer Aviation Advances FAA Certification Despite $218M Quarterly Loss
Archer Aviation shares gained 4.7% as the company reported progress in FAA certification for its Midnight eVTOL, offsetting a $217.7 million first-quarter net loss.
Palantir Drops 4.4% Despite Ukraine AI Expansion Meeting
Palantir shares fell 4.4% Wednesday as CEO Alex Karp met President Zelenskiy in Kyiv to expand AI use in Ukraine's war, despite Q1 revenue surging 85%.
Inter Venezuela Deploys Harmonic's Virtualized Fiber for 5G Backhaul
Inter Venezuela rolls out XGS-PON backhaul with Harmonic's virtualized fiber gear to support 5G, as Movistar reports 168 5G stations. Harmonic lifts 2026 revenue forecast to $495M.
Anthropic Unveils Claude for Small Biz to Automate Finance and Marketing
Anthropic introduced Claude for Small Business on Wednesday, integrating its AI assistant with apps like QuickBooks, PayPal, HubSpot, and Canva. The product includes 15 preset workflows for tasks such as payroll and invoice management.
Navitas Shares Surge 10% After $122M ATM Offering Fuels AI Power Chip Push
Navitas Semiconductor raised $122M via an ATM offering, sending shares up 10.5% as it pivots to GaN chips for AI data centers and industrial uses.
POET Technologies Names New COO Amid Marvell Fallout and Legal Woes
POET Technologies hires Sandeep Kumar as COO to ramp up Malaysia production, as it deals with Marvell order cancellations and a securities lawsuit. Shares rose 1.4%.
UiPath Shares Slide as AI Agent Launch Fails to Calm Earnings Jitters
UiPath shares dropped nearly 6% after launching a new AI coding agent integration, as investors await clearer demand signals ahead of the company's May 28 earnings call.
Wolfspeed Surges 21% on AI Power Chip Endorsement from Citrini
Wolfspeed shares surged 21% to $65.13 after Citrini Research endorsed its silicon carbide chips for AI data-center power management, though the company continues to report losses.