SharonAI

SharonAI Holdings tumbled 10.7% in regular trading to $70.65, driven by concerns over Meta's AI cloud plans intensifying competition. The stock hit an intraday low of $70.01, retreating roughly 15.5% from its pre-market high of $82.86. Despite a deep partnership with NVIDIA involving up to 40,000 Grace Blackwell GB300 GPUs and a recently closed $1.6 billion strategic financing, Q1 2026 net loss widened to $19.9 million (YoY -1,290%), while revenue was only $0.29 million (YoY -9.56%). The stock trades at a P/B of 13.32x, with YTD gains still strong at 122.87%, but it is now 27.5% below the 52-week high of $97.48 and below its 20-day MA of $76.29. However, a post-market bounce to $79.23 suggests some dip-buying interest.