Articles by Sarah Chen
Micron's AI Surge Faces Samsung HBM Challenge Ahead of Earnings
Micron nears $1.1 trillion market cap on AI demand and tight HBM supply, with UBS tripling its target to $1,625. Samsung's new HBM4E chips challenge the stock ahead of June 24 earnings.
Bitcoin Depot Faces $76K ATM Scam Suit as Bankruptcy Looms
Bitcoin Depot is sued in Idaho for allegedly facilitating a $76,000 scam via its ATMs, while the company undergoes bankruptcy and states tighten crypto ATM regulations.
Intel's 200% Rally Faces Reality Check After Computex Reveal
Intel shares fell 5.1% on Friday, trimming a 200% year-to-date rally, as the company unveiled new data-center chips at Computex but faces skepticism over its AI turnaround.
Marvell Stock Holds Near Record Highs After AI-Driven Revenue Boost
Marvell Technology shares ended Friday at $205.00, gaining 4.4% for the week after reporting record Q1 sales of $2.418 billion and raising its AI-led revenue outlook.
Rocket Lab Retreats After Blue Origin Incident; Traders Weigh Next Moves
Rocket Lab shares fell 3.1% Friday after a Blue Origin rocket test explosion, but the stock posted weekly gains. The company closed a key acquisition and won a $90 million Space Force contract.
Bitmine Eyes Ether Support and Russell Index Inclusion in Pivotal Week
Bitmine Immersion Technologies faces a pivotal week as its $12.3 billion Ether-heavy portfolio and potential Russell 3000 inclusion drive market focus, with shares near $19.27.
D-Wave Shares Climb Ahead of Investor Day, CHIPS Act Funding in Focus
D-Wave Quantum (QBTS) closed Friday at $30.14, up 2.2%, ahead of its June 1 investor day. Focus is on $100 million in proposed CHIPS Act funding, which is not finalized and may dilute shares.
Aurora Innovation Gets Outperform Rating, Shares Jump Ahead of Monday Trading
Aurora shares surged 3.8% to $7.34 after Northland gave an Outperform rating and $11 target, citing AI and autonomous driving. The company expects hundreds of driverless trucks by year-end.