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Palantir, Coherent, Lumentum, ON Semi, and More Stocks That Explain Today’s Market
Barrons.com12d agoneutral
Palantir, Coherent, Lumentum, ON Semi, and More Stocks That Explain Today’s Market

Stock futures were rising on Tuesday, putting the on the brink of a record high as tech extended its recent rebound. Palantir was the S&P 500’s best performer ahead of the opening bell, surging 16% after the data analytics software developer reported strong second-quarter earnings. CEO Alex Karp described the quarter as “otherworldly,” as U.S. commercial revenue rose 149% from a year ago.

Is Micron Technology (MU) A Bargain Following New Memory Capacity Risks?
Simply Wall St.12d agoneutral
Is Micron Technology (MU) A Bargain Following New Memory Capacity Risks?

Micron Technology (MU) is back in focus after investors reassessed the stock in light of aggressive capacity expansion plans from CXMT, Samsung and SK Hynix. These plans could pressure future memory pricing. See our latest analysis for Micron Technology. Micron Technology’s share price has been volatile, with a 1-day share price return of 0.79% and a 7-day return of 1.09%, following a July decline of about 15% and concerns over capacity expansion from CXMT, Samsung and SK Hynix. Even with...

Jim Cramer Named Micron Technology (MU) His Top Memory Pick
Insider Monkey12d agoneutral
Jim Cramer Named Micron Technology (MU) His Top Memory Pick

During the July 21 episode of CNBC’s Mad Money, host Jim Cramer addressed viewer complaints about managing technology allocations as memory and storage stocks experience short-term price surges. Cramer defended his commitment to mega-cap tech leaders, noting that short-term performance gaps do not change the long-term dominance of primary platform owners. Acknowledging recent market movements, […]

New Month, Same Jitters: AI Anxiety Creeps Into August
The Wall Street Journal12d agoneutral
New Month, Same Jitters: AI Anxiety Creeps Into August

Investors are kicking off a new trading month on an upbeat note. But that hasn’t stopped one of July’s most painful trends from carrying into August. Chip stocks and other companies tied to the AI trade are some of the biggest decliners today, with Micron Technology, Sandisk, Intel and Western Digital all down about 3% or more.