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Stocks to Watch: Micron, Chevron, Levi Strauss
The Wall Street Journal29d agoneutral
Stocks to Watch: Micron, Chevron, Levi Strauss

πŸ”Ž Levi Strauss (LEVI), Costco Wholesale (COST): The jeans maker is due to post second-quarter earnings this afternoon; Costco will report June sales. β†˜οΈ Applied Materials (AMAT), Micron Technology (MU), Marvell Technology (MRVL), Intel (INTC), Advanced Micro Devices (AMD): The chip stocks fell in premarket trading, on course to extend a slide sparked by guidance from Samsung Electronics (KR:005930) yesterday that failed to meet lofty expectations.

1 High-Flying Stock to Target This Week and 2 We Ignore
StockStory29d agoneutral
1 High-Flying Stock to Target This Week and 2 We Ignore

β€œYou get what you pay for” often applies to expensive stocks with best-in-class business models and execution. While their quality can sometimes justify the premium, they typically experience elevated volatility during market downturns when expectations change.

Samsung Fails To Impress
The Wall Street Journal29d agoneutral
Samsung Fails To Impress

Sharp declines for high-flying memory and chipmakers including Intel, Marvell Technology and Applied Materials led a 1.2% decline in the Nasdaq Composite index and a 0.5% drop in the S&P 500. An update on second-quarter results from the South Korean giant had the company projecting record operating profits. Investors feared this reaction was a sign of how future reports for other chipmakers and AI-related tech companies might be received.

Applied Materials (AMAT) Unveils SENZ To Speed AI Smart Glasses Development
Simply Wall St.30d agoneutral
Applied Materials (AMAT) Unveils SENZ To Speed AI Smart Glasses Development

Applied Materials (NasdaqGS:AMAT) has introduced its SENZ integrated ambient visual platform for AI-powered smart glasses. The company is working with GlobalFoundries, Qualcomm Technologies, and EssilorLuxottica to help move intelligent optical systems toward broader commercialization. The platform combines waveguide optics, light engines, vision correction, and electronic dimming into a single integrated system. Applied Materials enters this new product launch with its stock at $592.79 and...

Intel and Applied Materials Dive 10%, AMD Craters 8% as Samsung Earnings Trigger Chip Selloff
24/7 Wall St.30d agobearish
Intel and Applied Materials Dive 10%, AMD Craters 8% as Samsung Earnings Trigger Chip Selloff

Shares of Intel (NASDAQ:INTC) are down 10% in Tuesday morning trading to $110, while Advanced Micro Devices (NASDAQ:AMD) stock is off 8% to $508. The moves cap a sharp reversal after both names rallied Monday. The declines are part of a broader chip selloff triggered by Samsung Electronics’ quarterly report. Equipment maker Applied Materials (NASDAQ:AMAT) ... Intel and Applied Materials Dive 10%, AMD Craters 8% as Samsung Earnings Trigger Chip Selloff

Stock Indexes Fall as Chipmakers Retreat
Barchart30d agobearish
Stock Indexes Fall as Chipmakers Retreat

The S&P 500 Index ($SPX ) (SPY ) today is down -0.19%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.04%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.43%. September E-mini S&P futures (ESU26 ) are down -0.25%, and September E-mini Nasdaq futures...

πŸ“‰Global AI Stocks Tumble
The Wall Street Journal30d agobearish
πŸ“‰Global AI Stocks Tumble

U.S. chip shares trade sharply lower premarket, extending the reach of a global wobble in artificial intelligence-related stocks following Samsung's quarterly update. Micron Technology and Intel fell around 6% and 4%, respectively Applied Materials and Lam Research, both major suppliers to Samsung--each lost around 5%.

MTUM Owns the Winners, but July Could Turn Into a Momentum Bloodbath
24/7 Wall St.31d agoneutral
MTUM Owns the Winners, but July Could Turn Into a Momentum Bloodbath

Momentum investing sounds like a physics law and behaves like a mood ring. The iShares MSCI USA Momentum Factor ETF (BATS:MTUM) has ridden the AI-chip surge to a 29% year-to-date gain through July 6, but the fund just took its worst weekly hit of the year, dropping nearly 7% in the seven days ending July ... MTUM Owns the Winners, but July Could Turn Into a Momentum Bloodbath

The Second-Biggest Stock Sale in History Hits the Nasdaq Friday, and Chip Stocks Are Ripping
24/7 Wall St.31d agoneutral
The Second-Biggest Stock Sale in History Hits the Nasdaq Friday, and Chip Stocks Are Ripping

SK Hynix, the world’s second-largest memory-chip maker, is coming to the NASDAQ on Friday with the largest stock sale anyone has priced in years, and the chip complex is already pricing it in. CNBC’s Kristina Partsinevelos reported Monday that β€œSK Hynix plans to raise roughly $28 billion through an American depositary receipts, or ADR, on ... The Second-Biggest Stock Sale in History Hits the Nasdaq Friday, and Chip Stocks Are Ripping

Applied Materials (AMAT) Unveils AI-Powered SENZ Platform to Accelerate Smart Glasses Development
Insider Monkey31d agoneutral
Applied Materials (AMAT) Unveils AI-Powered SENZ Platform to Accelerate Smart Glasses Development

Applied Materials Inc. (NASDAQ:AMAT) is one of the top 10 hidden AI stocks to buy. On June 17, Applied Materials unveiled SENZ, an integrated ambient visual platform designed to accelerate the development of AI-powered smart glasses. By combining waveguide optics, light engines, vision correction, and electronic dimming into a single cohesive system, the platform eliminates […]