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Micron Stock Dives As Semiconductor Sell-Off Gains Steam
Investor's Business Daily8d agobearish
Micron Stock Dives As Semiconductor Sell-Off Gains Steam

Micron Technology stock plunged on Tuesday as semiconductor stocks broadly continued to sell off. In morning trades on the stock market today, Micron fell more than 11% to 796.46. It was among the worst performers on the Philadelphia semiconductor index, known as SOX.

SK Hynix’s Worst Month Since 2008: Should You Buy this Dip Ahead Of Earnings?
Benzinga8d agobullish
SK Hynix’s Worst Month Since 2008: Should You Buy this Dip Ahead Of Earnings?

The last time SK Hynix Inc. (NASDAQ:SKHY) suffered a monthly decline this severe, Lehman Brothers had just collapsed. Shares of the South Korean memory giant have plunged roughly 41% this month, marking their worst monthly performance since October 2008. The selloff accelerated Tuesday, with the stock dropping another 14% in Seoul just one day before second-quarter earnings. SK Hynix will report second-quarter earnings on Wednesday, after the close. Chart: SK Hynix Eyes Worst Monthly Performance

Growth Is Off the Menu at Starbucks
The Wall Street Journal8d agoneutral
Growth Is Off the Menu at Starbucks

​📈 Follow our live markets data and coverage. Two years ago, Starbucks investors were having a lousy day following another depressing set of quarterly results. News of Brian Niccol’s hiring as chief executive boosted the coffee chain’s market value by $20 billion, or more than 25%, overnight.

Bloomberg8d agoneutral
Crypto’s 24/7 Playbook Comes for Wall Street’s Beloved AI Stocks

(Bloomberg) -- Two years ago, Rahul Patel couldn’t sleep.Most Read from BloombergNvidia’s $750 Billion in Deals Reignite Circular AI FearsDeepSeek Suspends Fundraising After Viral US-China PostsS&P 500 Wobbles as AI Angst Offsets Oil Decline: Markets WrapCitadel Securities Sees Warsh Delivering Surprise Fed Rate HikeChip Rout Deepens on Circular Funding, China Competition FearsThe crypto founder who trades his own money spent his nights rotating through internet jokes with billion-dollar market

Why Sandisk (SNDK) Is Down 8.1% After CXMT’s Blockbuster Shanghai IPO Intensifies Competition Concerns
Simply Wall St.8d agoneutral
Why Sandisk (SNDK) Is Down 8.1% After CXMT’s Blockbuster Shanghai IPO Intensifies Competition Concerns

Earlier this week, Sandisk came under pressure after the blockbuster Shanghai IPO of Chinese memory maker CXMT intensified worries about future competition in global memory and AI-related chip markets. Although CXMT currently focuses on DRAM and Sandisk on NAND flash, investor concern that China could soon target NAND raised fresh questions about the durability of Sandisk’s profit margins and industry position. We’ll now examine how rising Chinese memory competition and sector-wide chip...