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Chip stocks jump as Strait of Hormuz reopens
TheStreet58d agobullish
Chip stocks jump as Strait of Hormuz reopens

Memory and storage chip companies surged on Monday, June 15, after the United States and Iran announced a peace agreement that will reopen the Strait of Hormuz. The rally didn't come about because the AI trade suddenly changed; it came about because the single biggest threat to it just got removed. ...

US Stock Market Today: S&P 500 Futures Climb On Lower Yields And Easing Geopolitics
Simply Wall St.58d agoneutral
US Stock Market Today: S&P 500 Futures Climb On Lower Yields And Easing Geopolitics

The Morning Bull - US Market Morning Update Tuesday, Jun, 16 2026 US stock futures are pointing higher this morning, with E-mini S&P 500 contracts up about 2.1% and Nasdaq-100 futures ahead roughly 3.2%, as investors respond to lower government bond yields and easing geopolitical risks. The US 10 year Treasury yield is around 4.43% to 4.50%, which signals cheaper borrowing costs for mortgages, credit cards, and companies. At the same time, reports of a potential US Iran peace deal have pushed...

Western Digital (WDC) Hits All-Time High on Morgan Stanley 33% PT Upgrade
Insider Monkey58d agobullish
Western Digital (WDC) Hits All-Time High on Morgan Stanley 33% PT Upgrade

Western Digital Corp. (NASDAQ:WDC) is one of the 10 Stocks Stealing the Spotlight from Wall Street Giants. Western Digital extended its winning streak to a third consecutive day on Monday to hit a new all-time high, as investors took the path from Morgan Stanley’s 33 percent price target upgrade and bullish coverage for its stock. […]

MT Newswires59d agoneutral
Top Midday Gainers

Cuprina (CUPR) said Monday its subsidiary Cuprina Pte Ltd. obtained 510(k) clearance from the US Foo

Western Digital Corporation Will Hit $600 on This Date
24/7 Wall St.59d agoneutral
Western Digital Corporation Will Hit $600 on This Date

Western Digital (NASDAQ:WDC) has become the AI storage trade nobody saw coming a year ago. The pure-play HDD maker, post-Sandisk spinoff, just delivered a quarter where gross margin crossed 50% for the first time and revenue jumped 45.47% year over year. CEO Irving Tan put it bluntly on the Q3 FY26 call: “Virtually every AI ... Western Digital Corporation Will Hit $600 on This Date

Micron and Western Digital Climb 8%, SanDisk Rises 6% on Iran Truce
24/7 Wall St.59d agobullish
Micron and Western Digital Climb 8%, SanDisk Rises 6% on Iran Truce

Memory and storage stocks are surging on the morning of Monday, June 15, after news of a U.S.-Iran peace agreement reopened risk appetite across global equities. Micron Technology (NASDAQ:MU) stock is up 8% to around $1,060 in early action, climbing back above the $1,000 level. Western Digital (NASDAQ:WDC) stock is up 8% to $607, while ... Micron and Western Digital Climb 8%, SanDisk Rises 6% on Iran Truce

June 2026's Noteworthy Stocks Estimated Below Intrinsic Value
Simply Wall St.59d agoneutral
June 2026's Noteworthy Stocks Estimated Below Intrinsic Value

Over the last 7 days, the United States market has remained flat, yet it is up 24% over the past year with earnings anticipated to grow by 19% annually in the coming years. In this context of robust growth expectations, identifying stocks that are trading below their intrinsic value can present opportunities for investors seeking potential long-term gains.