Samsung's record profits failed to impress investors on Tuesday.
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Micron Technology was falling early Tuesday after stock moves in South Korea spooked investors in the memory-chip sector. Micron shares were down 6.0% at $925.61 in premarket trading. Fellow memory-chip company SK Hynix fell 6.1%, as it prepares to list American depositary receipts on the Nasdaq on Friday, raising $28 billion.
Micron insiders have sold more than $100 million in company stock over the past 24 months, and they’re not slowing down. Per the Oppenheimer desk, as cited by CNBC’s Carl Quintanilla on Bluesky this morning, “$MU, the second-best performing SPX stock YTD, is seeing insider selling at the highest level on record since 2010.” That ... Insiders Are Dumping Micron At The Highest Rate Since 2010. Is It Time To Get Out?
Asia’s markets open a pivotal week with one question hanging over the semiconductor tape: how durable is the memory trade? On Bloomberg TV’s The Asia Trade this morning, analyst Anthony Stephens framed SK Hynix’s $29 billion ADR listing, expected by the end of the week, as a live stress test of the supercycle thesis, alongside ... SK Hynix’s $29 Billion Listing Puts the Memory Supercycle to the Test
Micron Technology was falling early Tuesday after stock moves in South Korea spooked investors in the memory-chip sector. Micron shares were down 6.0% at $925.61 in premarket trading. Fellow memory-chip company SK Hynix fell 6.1%, as it prepares to list American depositary receipts on the Nasdaq on Friday, raising $28 billion.
Samsung results spark declines across semiconductor sectorMicron Technology (NASDAQ:MU) shares fell 4. 9% in premarket trading on Tuesday, extending a broader decline across the memory semiconductor industry after Samsung Electronics’ latest earnings update prompted selling throughout the sector.
Brace for volatility as SpaceX joins the Nasdaq-100, Waller defends Fed’s use of forward guidance, and more news to start your day.
Micron continues to blow investors away.
Sandisk has been one of the hottest U.S. tech stocks over the past year but it’s starting to cool off. Shares of the memory storage company were down around 6% ahead of the open Tuesday, among the sharpest fallers in the The stock, up 635% this year, has fallen 23% over the past three trading days.
The DRAM – Roundhill Memory ETF has already more than doubled in value since debuting in early April.
Micron Technology Inc. (NASDAQ:MU) is one of the 10 Best Stocks to Buy According to Billionaire Jeffrey Talpins. Courtesy of the AI wave, Micron Technology Inc. (NASDAQ:MU) is one of the hottest stocks on the market. Its shares are up by 713% over the past year and by 209% year-to-date. The firm is one of […]
Micron said it is raising production of key automotive memory products, alongside capacity expansions aimed at supporting lengthy product lifecycles.
July 7 (Reuters) - Futures tied to the tech-heavy Nasdaq dropped on Tuesday on declines in chip stocks over concerns about the sustainability of the AI-driven rally despite strong results from Samsung
Rupert Thompson’s weekly investment commentary analyses market reactions to recent events and identifies upcoming market trends in global markets, including equities, fixed income and FX
MU tops a July screen of profitable stocks alongside two peers, backed by strong net income margins and projected earnings growth.
Samsung Electronics stock dived even after it forecast a 19-fold increase in operating profit from the same period a year earlier.
SpaceX trading on Tuesday won’t have much to do with space or AI fundamentals. Elon Musk’s AI and space company is now in the Nasdaq-100, one of the best-known large-cap growth indexes that tracks the largest nonfinancial companies listed on Nasdaq. Being fast-tracked into the index reflects just how important privately held frontier AI companies, including OpenAI, Anthropic, and SpaceX before its June IPO, have become to the entire stock market.
Ford Motor (F) is back in focus after announcing a long term supply agreement with Micron Technology to secure memory and storage chips for its next generation vehicles, a key input for increasingly software centric cars. See our latest analysis for Ford Motor. At a share price of US$13.83, Ford Motor has seen a 20.05% 90 day share price return and a 25.21% 1 year total shareholder return, suggesting recent momentum after a softer 30 day period. If the Ford chip agreement has you thinking...
Micron Technology (MU) is back in focus after delivering record fiscal third quarter earnings and issuing strong fourth quarter guidance, alongside new multi year supply agreements with Ford and General Motors that lock in automotive memory demand. See our latest analysis for Micron Technology. Those Ford and GM agreements come on top of a fiscal Q3 earnings beat that helped push Micron Technology’s 90 day share price return to 160.81%. At the same time, the stock’s 1 year total shareholder...
AI-driven momentum is keeping bulls in high spirits after the Dow’s record close, though investors are a bit cautious ahead of the Fed minutes and fresh corporate catalysts.
Samsung’s stock slid in Korea even as the company posted stellar Q2 preliminary results; retail traders believe strong performance was already priced into the shares.
The memory maker recently posted the best quarter in its history. So why are the shares well off their peak?
SK Hynix is experiencing a boom credited to AI. It will ride that to a multi-billion dollar US IPO, expected to take place on Friday.