Articles by Sarah Chen
Circle Stock Retreats as Revenue Miss Offsets USDC Growth and Arc Hopes
Circle Internet Group (CRCL) shares dropped 5.1% Tuesday, erasing an early pop after Q1 revenue missed forecasts and net income fell, despite strong USDC growth.
POET Technologies Stock Rises After Appointing New COO to Lead Manufacturing Scale-Up
POET Technologies shares jumped 2.95% to $14.31 after appointing Sandeep Kumar as COO to lead manufacturing scale-up in Malaysia. The stock outperformed a down market as investors focus on production execution.
AI Memory ETF Surpasses $6.5 Billion in Rapid Launch, Outpacing Bitcoin Funds
The Roundhill Memory ETF (DRAM) hit $6.5 billion in assets 36 days post-launch, fueled by AI memory chip demand. Retail net buying surpassed $150 million, outpacing Nvidia.
MARA Holdings Rises Despite Loss as AI Power Strategy Takes Shape
MARA Holdings shares rose 3.6% premarket Tuesday despite a $1.3B loss and revenue miss, as investors focus on debt reduction, Bitcoin sales, and an AI infrastructure pivot.
FuelCell Energy Hits 52-Week High on AI Data Center Power Demand
FuelCell Energy shares hit a 52-week high of $15.94, surging 16% as investors bet on fuel cells for AI data centers. Revenue rose 61% to $30.5M, but net loss widened to $26.1M.
Navitas Semiconductor Files $125M Stock Sale After India GaN Launch
Navitas Semiconductor files for a $125M stock sale after its shares jumped 24% on the news of a GaN product launch in India with Cyient.
Google Finance AI Goes Live Across Europe with Local Language Tools
Google rolls out its AI-enhanced Google Finance platform across Europe, providing local-language market tools and research capabilities as the financial data sector shifts toward conversational AI.
CleanSpark Faces $378M Loss as Bitcoin Slump and AI Transition Test Strategy
CleanSpark posted a $378.3 million net loss in fiscal Q2, driven by a $224.1 million bitcoin fair-value loss and a 24.9% revenue decline to $136.4 million. Its AI/HPC pivot has yet to generate revenue.
IonQ Shares Surge After SkyWater Deal Gets Shareholder Nod
IonQ shares rose 15.54% to $56.89 after SkyWater shareholders approved the $1.8 billion acquisition, clearing a key hurdle. The deal still needs regulatory approval.
Quantum Computing Inc. Shares Surge 14% on Q1 Revenue Boost from Acquisitions
Quantum Computing Inc. shares rose 14% premarket after Q1 revenue hit $3.7 million, fueled by acquisitions. Core sales were just $204,000.