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The Morning Bull - US Market Morning Update Monday, Jun, 29 2026 US stock futures are pointing lower this morning, with E-mini S&P 500 contracts down about 0.3% and Nasdaq-100 futures weaker by roughly 1.2%, as investors weigh solid US spending against stubborn inflation. Core PCE inflation sits at 3.4% year over year, which means the cost of living is still rising faster than the Federal Reserve would like, while real personal spending grew 0.3% and incomes rose 0.7% in May. This suggests...

Analysts continued to raise their targets on Micron stock over the weekend after the memory chip giant’s blowout earnings report.

Louis Navellier identifies Micron, Seagate, Western Digital, and Sandisk as beneficiaries of a structural memory shortage, with Micron ranked first on his fundamental model.

Micron reported strong AI memory results and secured multi year AI memory contracts worth about US$100b. These contracts include take or pay terms and committed cash deposits tied to long term AI infrastructure demand. The news helped trigger a broad rally in memory and storage stocks, with NasdaqGS:WDC moving alongside sector peers. Western Digital is seen as a beneficiary of tighter supply conditions and strong demand for AI focused storage. Western Digital sits at the intersection of...

Western Digital Corporation (NASDAQ:WDC) is one of the top trending US stocks to buy now. Western Digital Corporation (NASDAQ:WDC) was downgraded by Fox Advisors to Equal-Weight from Outperform on June 22, with the firm citing concerns that expectations for hard disk drive pricing “may be getting ahead” of likely increases. Western Digital Corporation (NASDAQ:WDC) also […]

Investors can look outside of the biggest names in the tech ETF space and still find excellent performance, although a niche strategy comes with risks.

In the latest trading session, Western Digital (WDC) closed at $586.45, marking a -13.17% move from the previous day.

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(Updates with index/price moves data, and political news from the first paragraph.) US stocks tra

The chipmaker just unveiled a new business model that locks in remarkable profits for years, but the real question is what it might be giving up in return.

SK Hynix plans to list shares on the Nasdaq stock exchange on July 10.

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The memory shortage has become a windfall for storage makers.

Shares stumbled Friday after gaining 22% on Micron earnings. Still, the stock could close lower on the week.

OpenAI IPO Delay Report Sparks Sharp Selloff in AI and Memory Stocks

Shares of Micron Technology (NASDAQ:MU) are down 7% to $1,130 in early Friday trading. SanDisk (NASDAQ:SNDK) is slipping 7% to $2,176, while Western Digital (NASDAQ:WDC) is declining 6% to $626. The coordinated retreat across the three biggest U.S. memory and storage names suggests profit-taking rather than a thesis-breaking shift. The trio had ripped higher into ... Micron, SanDisk, and Western Digital Fall 7% as Memory Rally Cools

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The semiconductor sector declined on Friday as high memory and storage costs weighed on stocks.

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Stock Market Today: The Dow Jones index fell, while Nasdaq futures dived amid a global tech sell-off. Micron, Nvidia and Sandisk tumbled.

MU's standout Q3 results highlight surging AI memory demand, putting three memory and storage chip makers, SNDK, WDC and STX, in focus.

Tech stocks swooned, and broader equity index futures declined in Friday's premarket trading amid co

Tech looks set to extend a recent slump as Wall Street dumps some of the stocks that have benefited most from the AI trading frenzy.

Micron Rockets Higher, Dragging Global Chip Stocks Into Green Zone

Stocktwits data showed retail sentiment around SPY sunk to ‘extremely bearish’ territory, while QQQ sentiment remained ‘bullish.’

Analysts praised Micron’s long-term contracts, saying they provide some of the strongest revenue visibility in the semiconductor industry.

After a gain this large, is there any room left to run?

<body><p>STORY: U.S. stocks ended mixed on Thursday, with the Dow ticking up more than a tenth of a percent, while the S&P 500 closed flat and the Nasdaq dropped nearly half a percent.</p><p>Technology shares reversed early gains to move lower, as investors worried about hyperscaler spending on AI and who foots the bill.</p><p>:: Micron</p><p>Those fears outweighed upbeat signals on AI demand from Micron, which gained nearly 16%, while shares of Sandisk soared 22%.</p><p>Brian Mulberry, chief market strategist at Zacks Investment Management, notes that it's memory chip makers that are now leading the charge.&nbsp;</p><p>"What's different about Micron, SanDisk, Western Digital, those types of names that are doing so well is that they're memory chips. And you have to have memory, specifically DRAM or H-band memory, if you're going to have enough computing power to do all the computations. That is nothing if you don't have memory to transfer it from one place to another. So one of the reasons that these stocks have done so well and the growth at Micron is so solid is because a recent redesign in the server technology means we go from eight memory chips per server to 96. That's 12 times growth in demand for this one simple component."</p><p>The surging prices of memory and storage chips prompted Apple on Thursday to hike prices for its iPads and MacBooks. That weighed on the stock, sending it down more than 6%. Shares of Nvidia, Microsoft and Alphabet also dropped.</p><p>:: Archive</p><p>Among other movers, shares of Bio-Techne jumped after Merck agreed to acquire the biotech firm for $73 per share in cash, representing a total enterprise value of about $11.3 billion.</p><p>:: Archive</p><p>Meanwhile, U.S. Department of Commerce data on Thursday showed the annual inflation rate through May rose above 4% for the first time in three years, but oil prices this week fell to below pre-war levels.</p></body>

<body><p>STORY: Micron said on Wednesday customers such as Nvidia had committed $22 billion to lock in supplies of memory chips, playing up huge growth in five-year "take-or-pay" deals that require clients to either buy its chips or hand over cash.</p><p>The comments underscore the growing importance of memory chips in the artificial intelligence supply chain, where demand has surged alongside the need for greater computing power.</p><p>"What's different about Micron, SanDisk, Western Digital, those types of names that are doing so well, is that they're memory chips. You have to have memory specifically DRAM or H-band memory if you're going to have enough computing power to do all the computations. That is nothing If you don't have memory to transfer it from one place to another," said Mulberry.</p><p>That dynamic has helped fuel investor interest in memory-chip makers, particularly as AI-related demand continues to outpace available supply.</p><p>"So if I'm looking at sales trading at five times, but the demand went up by 12 times, this is actually still a good buying opportunity for a company like Micron."</p></body>

The Dow Jones Industrial Average rose 0.14%, while the Nasdaq Composite fell 0.46%. The S&P 500 also edged down slightly.