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South Korea's benchmark Kospi tumbled as much as 8% Friday, before recovering slightly to end down 5.8%.
June 26 (Reuters) - Futures tied to the tech-heavy Nasdaq led Wall Street losses on Friday, as chip stocks came under renewed pressure after a sharp rally in the previous session, while some megacap
↘️ ON Semiconductor (ON): The chip maker agreed to acquire Synaptics (SYNA) in a roughly $7 billion all-stock transaction, as it seeks to push into physical AI. Shares of ON Semiconductor tumbled 12% premarket, while Synaptics’ stock gained 6%.
Investing.com -- U.S. semiconductor stocks slipped in premarket trading on Friday, extending a global technology selloff after Apple raised prices on several of its products, fanning concerns that surging memory chip costs could dampen consumer electronics demand and cloud the outlook for the broader AI trade.
Stocktwits data showed retail sentiment around SPY sunk to ‘extremely bearish’ territory, while QQQ sentiment remained ‘bullish.’
Shares of European semiconductor companies were following their Asian peers in negative territory as investors ditched stocks linked to artificial intelligence. A strong set of earnings and outlook from Micron Technology late Wednesday failed to reignite a rally in AI stocks on Thursday.
South Korea's benchmark Kospi tumbled as much as 8% Friday, before recovering slightly to end down 5.8%.
The Morning Bull - US Market Morning Update Friday, Jun, 26 2026 US stock futures are pointing higher this morning, with E-mini S&P 500 contracts up about 0.7% and Nasdaq-100 futures ahead more than 2%, as investors focus on three big signals. First, the Fed's preferred inflation gauge, PCE for May, is expected to run hotter, which simply means the cost of living may not be easing as quickly as households would like and could keep interest rates higher for longer. Second, US oil inventories...
Morningstar said AI supply deals are “not ironclad” and memory chips still “trade like commodities.”
Tech stocks were on track to extend their recent slump on Friday as investors continued to fret about soaring memory-chip costs and wondered if the AI trading frenzy may be about to fizzle out. Nasdaq 100 futures dropped 0.9%. The Nasdaq closed in the red on Thursday as investors ditched the Magnificent Seven group of mega-cap tech stocks.
Micron topped Meta in market cap after a 346% revenue jump. With AI memory demand surging, can it catch Nvidia next?
Micron has never before had this kind of market power, and it hasn’t taken long to throw around its newfound muscle.
A look at the day ahead in European and global markets from Ankur Banerjee Just as investors were settling into the idea that the AI rally still had legs, Apple delivered a reality check that someone
Shares plunged Friday in Asia, led by heavy losses in Japan and South Korea as traders sold to lock in gains from recent rallies in stocks related to artificial intelligence. U.S. futures also declined, while oil prices fell. Tokyo’s Nikkei 225 index shed 4.5% to 69,127.10 and the Kospi in Seoul plunged 6.8% to 8,323.52.
Citi has raised its Sandisk price target to $2,500 from $2,025, sending SNDK shares up roughly 22% in the last 24 hours.
Micron Technology, American Airlines and Applied Materials surged to fresh annual highs amid earnings optimism, easing cost pressures, and new product announcements.
Sandisk Corp. (NASDAQ:SNDK) is one of the 9 Stocks Winning by Double Digits. Sandisk soared to an all-time high anew on Thursday, as investors continued to load up on its shares after Micron Technology’s stellar earnings performance that validated the ongoing strong demand for the memory market. In intra-day trading, Sandisk Corp. (NASDAQ:SNDK) climbed to […]
Micron Technology Inc. (NASDAQ:MU) is one of the 9 Stocks Winning by Double Digits. Micron Technology soared to a new all-time high on Thursday, as investors gobbled up shares after reporting a stellar earnings performance in the third quarter of fiscal year 2026. In intra-day trading, its stock climbed to its highest price of $1,255 […]
Teradyne Inc. (NASDAQ:TER) is one of the 9 Stocks Winning by Double Digits. Teradyne soared to a fresh all-time high on Thursday, as investors placed bets in its stock after one of its largest customers reported a stellar earnings performance in the third quarter of its fiscal year. In intra-day trading, Teradyne Inc. (NASDAQ:TER) surged […]
Asian tech stocks sank again Friday as the rollercoaster ride that has characterised the week continued into the weekend, while crude prices edged back down after a brief rally sparked by news of an attack on a ship in the Strait of Hormuz.Oil prices resumed the downward shift that has marked the week, having risen around two percent Thursday on news that a cargo ship was damaged by an unknown projectile off Oman's coast in Hormuz.
The Mac maker's devices are getting more expensive.
Analysts praised Micron’s long-term contracts, saying they provide some of the strongest revenue visibility in the semiconductor industry.
If you look at forward estimates, the stock looks like a bargain.
The memory maker is enjoying breathtaking, artificial intelligence (AI)-fueled growth.
Company says it cannot shield customers from memory and storage chip costs – and iPhone hikes could be next
Shares of iPhone and iPad maker Apple (NASDAQ:AAPL) fell 5.2% in the afternoon session after it officially raised prices across Macs, iPads, home devices and the Vision Pro, a rare mid-cycle hike that the market read as confirmation that memory-cost inflation is squeezing its margins.
The Broadcom OpenAI partnership just shipped the Jalapeño chip, yet money is rotating to two other names even as analysts stay bullish.