News

A report on Meta's AI compute plans sparked broad selling across chipmakers and AI infrastructure companies

Meta Platforms led a rally in Magnificent Seven stocks on Wednesday, but the Nasdaq couldn’t overcome a chip stock clobbering. The Nasdaq fell 0.7%. The S&P 500 dropped 0.2%. The Dow fell slightly. Despite the S&P 500's struggles, a majority of stocks actually rose.

The NAND memory maker has been the market's top performer, and it still has room to run.

Sandisk stock is under pressure today, but there is actually some positive news for investors.

Meta surged more than 11% on a report that the company plans to sell its excess computing power to third parties. The stock is on track for its largest single-day gain since April 9, 2025, according to Dow Jones Market Data.

Strategas Asset Management chief ETF strategist Todd Sohn explains what's in store for the exchange-traded fund (ETF) market in the third quarter.

Shares of Micron Technology (NASDAQ:MU) are down 8% to $1,061.44 in Wednesday morning trading, while SanDisk (NASDAQ:SNDK) stock has slid 10% to $2,051.10 and Western Digital (NASDAQ:WDC) shares have dropped 7% to $595.81. The memory group is leading a broader semiconductor pullback as the NASDAQ 100 opens the second half of the year lower. The ... Micron Drops 8%, SanDisk Slumps 10%, Western Digital Falls 7% as Memory Stocks Pull Back With the NASDAQ

Micron's earnings confirm Sandisk's tailwinds will get even stronger.

SNDK's expanding QLC SSD portfolio targets AI storage demand with cost-efficient enterprise solutions, backed by multi-year supply deals and rising data center revenues.

Yahoo Finance Executive Editor Brian Sozzi discusses the current state of the AI "bubble" and tech trade with Slatestone Wealth Chief Market Strategist Kenny Polcari and Bianco Research President Jim Bianco.

Semiconductor shares retreated Wednesday as investors took profits following an 82% gain for the sector in the first six months of 2026

SpaceX initiated, Salesforce upgraded: Wall Street's top analyst calls

U.S. stocks ended sharply higher on Tuesday, to close the first half on a high, as the S&P 500 and the Nasdaq recorded their best quarterly jump since 2020, while the Dow registered its biggest quarterly gain since 2022.

Micron and Sandisk are still great buys.

FEATURE Micron Technology stock was falling early Wednesday amid a wider selloff in technology stocks. However, prices for its memory chips are only heading upward. The shares were down 3.2% in premarket trading.

US stock futures are pointing lower on the first of July after Wall Street rounded off its best quarter since 2020, with investors exercising some caution before jobs data and a speech from new Federal Reserve Chair Kevin Warsh. Nasdaq futures were down 0.4%, while Dow Jones and S&P 500...

Seven S&P 500 stocks have already tripled in 2026, with memory giant Sandisk far in front All are AI stocks.

Technology stocks were getting off to a stuttering start to the third quarter, with shares slipping in Wednesday's premarket. Memory-chip maker Micron Technology—an AI trade darling that has more than quadrupled this year so far—was down 3.

Memory stocks are coming off their peaks hit last week as investors book profits and institutional funds rebalance their portfolios at the start of the year’s second half.

The Morning Bull - US Market Morning Update Wednesday, Jul, 1 2026 US stock futures are slightly softer this morning, with E-mini S&P 500 contracts down about 0.1%, as investors weigh tight energy supplies against calmer inflation signals from overseas and brighter Chinese data. The US Strategic Petroleum Reserve has dropped to 325.7 million barrels, a 43 year low, which underlines how little backup there is if fuel prices spike again. At the same time, France’s inflation rate has slowed to...

Jim Cramer names Micron, Intel, AMD, Marvell, and Sandisk as the chip stocks leading Wall Street's AI spending cycle

7.44am: ABF warns on sugar losses Associated British Foods has warned that weaker sugar trading will hit profits this year, while Primark saw mixed sales in the third quarter. The FTSE 100 group's CEO George Weston says: "Aside from Sugar, our full year outlook for the group is...

Sandisk’s share price has moved very quickly, with a very large 1-year return sitting alongside valuation checks that currently lean expensive rather than clearly cheap. Sandisk has returned roughly 50x over the past year, which makes any fresh entry price far more sensitive to what investors are now paying for each dollar of future earnings and cash flow. Expectations tied to long-term AI memory demand and multi-year supply contracts can support high valuations, while concerns about...

The list is dominated by semiconductor and computer-hardware manufacturers.

(Updates with index/price moves, macroeconomic data, and company/geopolitical news from the first pa

(Updates with market moves at the end of the day.) The Dow Jones Industrial Average hit an new al

US equity indexes were higher on Tuesday amid semiconductor-led gains in technology stocks. * US

(Updates with index/price moves from the first paragraph.) US equity indexes rose, with the S&P 5

Bernstein's $3,000 target reflects long-term supply agreements with fixed pricing floors

Sandisk stock has been red hot in Tuesday's trading.