Articles by Sarah Chen
Shopify Shares Dip on AI Governance Concerns Ahead of Key Vote
Shopify shares declined 7.13% amid investor focus on AI governance and cost management. A shareholder proposal on responsible AI use will be voted on June 16.
GSI Technology Soars 39% as Options Activity Surges, Spotlighting AI Memory Strategy
GSI Technology shares surged 39% on Monday, driven by heavy call option trading, as the company's AI memory push gains attention amid a mixed fiscal 2026 report and a new Army contract.
Corning Shares Surge on BofA Upgrade and Nvidia AI Fiber Deal
Corning shares rose 10.84% after BofA picked it as a top stock, following a $500M+ Nvidia deal to expand AI fiber manufacturing. The company targets $20B in sales by 2026.
Intuitive Surgical Hits 52-Week Low on FDA Class I Recall, Tariff Worries
Intuitive Surgical shares dropped 6.6% to a 52-week low after the FDA classified a recall of its SureForm stapler reloads as Class I, citing four injuries and one death. Strong Q1 earnings were overshadowed by tariff and safety concerns.
Grab Launches GrabStays Hotel Booking in Singapore via Nuitée Partnership
Grab Holdings launches GrabStays hotel booking in Singapore through an exclusive partnership with travel-tech firm Nuitée, expanding its superapp after a strong Q1 earnings beat.
Ripple Prime Secures $200M Credit Line from Neuberger to Boost Institutional Margin Lending
Ripple Prime has secured a $200 million debt facility from Neuberger Specialty Finance to expand margin financing for institutional clients across equities, fixed income, and crypto.
Qualcomm Hits Record High on AI Data Center Push, Shifting Investor Focus
Qualcomm shares hit an all-time high amid a chip rally, as investors pivot to its data center ambitions. Q2 revenue reached $10.6B, and a $20B buyback was authorized.
NuScale Power Gains Despite Citi's $7 Target; Revenue Drops
NuScale Power shares rallied 4.3% to $13.09 Monday, even as Citigroup slashed its price target to $7. First-quarter revenue fell to $565,000, highlighting the need for binding contracts.
IonQ Shares Jump 16% After SkyWater Vote Advances Quantum Chip Deal
IonQ shares surged 16% after SkyWater Technology shareholders approved the $1.8B acquisition, bringing semiconductor manufacturing in-house for the quantum computing firm.
BigBear.ai Director Sells Shares as Defense AI Backlog Grows
BigBear.ai director Dorothy Hayes sold 15,000 shares for $61,575 on May 8, following a report of a $281.9 million backlog and reaffirmed 2026 revenue guidance.
Navitas Soars 18% on India's First GaN Power IC Launch for AI Data Centers
Navitas Semiconductor shares surged 18% Monday after Cyient Semiconductors unveiled India's first GaN power IC lineup, built with Navitas tech for AI data centers, telecom, and EV charging.