Articles by Sarah Chen
Bitmine Stock Tumbles as $11.6B Ether Bet Sours on Crypto Slide
Bitmine shares slid 6.5% to $17.62 after revealing 5.42 million ETH holdings, with a $502 million paper loss as ether dropped 4%, highlighting the stock's direct exposure to crypto volatility.
Laser Photonics Jumps 121% on Anti-Drone System's Defense Review Selection
Laser Photonics shares surged 121% after its anti-drone system was selected for a key U.S. defense technical review, but no contract or sales were announced, and the company faces a Nasdaq compliance notice.
Legend Biotech Surges on Promising Early In Vivo CAR-T Data
Legend Biotech shares soared over 35% after early Phase 1 data showed all six high-dose patients with relapsed/refractory B-cell NHL responded to its in vivo CAR-T drug LB2501, with five complete responses and no relapses as of April 1.
D-Wave Quantum Stock Wavers After Laying Out 2032 Gate-Model Roadmap
D-Wave shares erased early gains to close flat after unveiling a gate-model roadmap targeting 100 logical qubits by 2032. Analysts raised price targets, but revenue fell 81% and a $100M grant is pending.
Gaxos.ai Surges 57% on AWS Investment in AI Sales Platform
Gaxos.ai shares surged 57% to $1.87 on record volume after AWS disclosed further investment in its AI sales-coaching platform, though deal specifics remain undisclosed.
IBM Shares Cool After Quantum, Barclays, and Retail Rally
IBM shares eased 0.4% to $319.10 after hitting a high of $327.22, as investors weighed a $10B quantum computing plan, a Barclays upgrade, and a $1B CHIPS-funded foundry. Retail trading spiked but risks persist.
POET Technologies Rebounds on AI Optics Demand and $400M Financing
POET Technologies shares surged 10% to $15.24 as traders returned to the AI-hardware stock after a 17.1% drop, boosted by a $400M financing and a $50M Lumilens deal potentially worth $500M.
HIVE Digital Revenue Soars 158% as AI Ambitions Face Crypto Headwinds
HIVE Digital Technologies shares rose to $4.89 after a 158% revenue surge to $297.8M, but a weak Q4 and Bitcoin's 4.5% decline capped gains as investors eye AI infrastructure.