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Asian stocks rally as SK hynix breathes life back into AI trade
AFP38d agoneutral
Asian stocks rally as SK hynix breathes life back into AI trade

South Korea's Kospi led gains across most Asian markets Friday as a record-breaking US share sale by chip titan SK hynix breathed fresh life into the tech sector after weeks of selling.Seoul's Kospi jumped more than five percent at one point Friday before paring the gains, though SK hynix dipped, having added around five percent Thursday.

Micron (MU) Buy Rating Reiterated by Bernstein
Insider Monkey38d agobullish
Micron (MU) Buy Rating Reiterated by Bernstein

Micron Technology Inc. (NASDAQ:MU) is one of the 10 Best Data Center Stocks to Buy in July. On July 6, TipRanks reported that Bernstein analyst Mark Li reiterated a Buy rating on Micron while setting a price target of $1300.00. On the same day, TipRanks also reported that Bank of America analyst Vivek Arya described […]

Louis Navellier flags three top tech stocks for market growth
TheStreet38d agoneutral
Louis Navellier flags three top tech stocks for market growth

The U.S. is truly a special, entrepreneurial oasis where anyone can succeed. The fact that one American stock, Nvidia (NVDA), is worth more than the French, German, and Italian stock markets combined says it all. I should add that Nvidia is also worth more than the entire British stock ...

US stocks end higher; chip surge offsets Iran worries
Reuters Videos38d agobullishVIDEO
US stocks end higher; chip surge offsets Iran worries

<body><p>STORY: U.S. stocks closed higher on Thursday, with the Dow adding more than a quarter of a percent, the S&P 500 climbing more than eight-tenths of a percent and the tech-heavy Nasdaq gaining 1.3%</p><p>:: Micron Technology</p><p>Chip stocks rallied, sparked by a 4.5% jump in shares of Micron Technology. The memory chip maker laid out plans to invest more than $250 billion in domestic chip manufacturing through 2035 to boost supply amid the AI boom.</p><p>Micron's peers also joined the rally, with Applied Materials climbing more than 3% and SanDisk surging over 7.5%.</p><p>AI-related stocks have been volatile lately as investors worried about the sustainability of a rally that has helped Wall Street reach record levels in 2026.</p><p>Gina Martin Adams is chief market strategist at HB Wealth.</p><p>"Tech has obviously been in the limelight of equity markets for a while, but that worked against stocks in the month of June. We'll see if the month of July brings something different. Obviously, the sector is dealing with a lot of issues, including the upcoming earnings season, where expectations are pretty high, as well as a tremendous amount of new shares coming to the market. First with SpaceX and now with SK Hynix out of South Korea."</p><p>Shares of Meta Platforms rose more than 4.5% after Reuters reported that the company plans to manufacture AI chips starting in September.</p><p>:: PepsiCo</p><p>Elsewhere in the market, shares of PepsiCo fell more than 3% despite the company beating second-quarter revenue estimates. PepsiCo warned of higher commodity costs in the second half of the year at a time when the snack and beverage giant is increasing investments and lowering prices to attract value-conscious consumers.</p><p>And shares of Costco sank more than 4% to a six-month low after the retailer reported decelerating comparable sales for June.</p></body>

Micron (MU) Shares Skyrocket, What You Need To Know
StockStory38d agoneutral
Micron (MU) Shares Skyrocket, What You Need To Know

Shares of memory chips maker Micron (NASDAQ:MU) jumped 6% in the afternoon session after the company announced a massive expansion of its domestic manufacturing, raising its planned U.S. investment to $250 billion through 2035.

Micron (MU) Commits More Than $250 Billion To US Chip Expansion
Simply Wall St.38d agoneutral
Micron (MU) Commits More Than $250 Billion To US Chip Expansion

Micron Technology (NasdaqGS:MU) is accelerating its US investment plans, now targeting more than US$250b through 2035. The company reached a major construction milestone at its New York fabrication site, which is tracking ahead of schedule and is positioned to be the largest private investment in the state's history. Micron also outlined up to US$3b for domestic semiconductor supply chain projects, including financing support for raw silicon wafer production in Texas. Micron Technology is a...

Jim Cramer: “Cheap Can Still Get Cheaper.” Why He’s Still Avoiding Salesforce
24/7 Wall St.38d agoneutral
Jim Cramer: “Cheap Can Still Get Cheaper.” Why He’s Still Avoiding Salesforce

Jim Cramer used his July 9, 2026, CNBC Mad Dash segment to explain why Salesforce (NYSE:CRM) has been one of the most painful stocks to hold in enterprise software. The stock is down 36.79% year-to-date and 38.6% over the past year, and Cramer’s view is that cheap can still get cheaper when the growth engine ... Jim Cramer: “Cheap Can Still Get Cheaper.” Why He’s Still Avoiding Salesforce

Micron (MU), Ford (F) Announce Strategic Automotive Supply Agreement
Insider Monkey38d agoneutral
Micron (MU), Ford (F) Announce Strategic Automotive Supply Agreement

Micron Technology Inc. (NASDAQ:MU) is one of the best QQQ Stocks to invest in. On July 6, Micron and Ford Motor Company (NYSE:F) announced a long-term strategic customer agreement to support the supply of memory and storage solutions for Ford’s next-generation vehicles. The partnership aims to ensure supply continuity for high-performance automotive systems while supporting […]