China didn't do what it was supposed to at the Trump-Xi summit, and now semiconductor investors are worried.
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China didn't do what it was supposed to at the Trump-Xi summit, and now semiconductor investors are worried.
Dow futures fell as oil prices and Treasury yields jumped. AI chip plays Applied Materials, Nvidia and Cerebras retreated. The Trump-Xi summit is over.
US equity futures were falling pre-bell Friday as traders noted that the summit between President Do
Applied Materials’ outlook suggests a windfall from AI chipmaking equipment could be coming sooner than expected.
A number of stocks fell in the afternoon session after rising treasury yields and renewed Iran tensions hit the software sector.
A number of stocks fell in the afternoon session after rising treasury yields and renewed Iran tensions hit the software sector.
Micron shares bounced back after a steep drop briefly erased nearly $100 billion in market value.
Shares of Micron Technology (NASDAQ:MU) are surging on Wednesday, trading at around $804 and up roughly 5% on the session. The move extends a parabolic one-month run that has the stock approximately 89% higher when including today’s intraday gains. Year to date, MU stock has now climbed 182%, and the one-year return sits at a ... Micron Is Now Up 89% in a Month. Should You Sell in May and Go Away?
SanDisk stock sank today amid a broader selloff in memory and semiconductor names. But should you buy the dip in SNDK shares today?
Shares of Intel (NASDAQ:INTC) are down 10% in Tuesday trading, changing hands near $116 after closing at $129.44 on Monday. Advanced Micro Devices (NASDAQ:AMD) is sliding alongside, off 5% at roughly $436. The selloff lands after both names ripped through a parabolic stretch. Intel stock gained 35% in the week ending May 11, while AMD ... Intel Crashes 10%, AMD Slides 5% as Chip Trade Cools After Parabolic Run
Shares of SanDisk (NASDAQ:SNDK) are down 9% to around $1,405 in Tuesday midday trading. Micron Technology (NASDAQ:MU) stock is off 9% to $724, while Western Digital (NASDAQ:WDC) shares have dropped 8% to $476. The coordinated pullback is hitting the entire memory and storage complex at once. The synchronized drop comes just one trading session after ... SanDisk and Micron Fall 9%, Western Digital Drops 8% as Memory Supercycle Trade Hits Pause Button
Attracted by companies' artificial intelligence profits, will governments tax the golden AI goose to death?
Shares of the Roundhill Memory ETF (CBOE:DRAM) are off roughly 5% in early Tuesday trading, changing hands near $52.30 after closing Monday at $55.08. The slide caps a remarkable six-week sprint that saw the newly minted ETF roughly double since its April 2 inception. DRAM was up 30% in the week through Monday and 70% ... DRAM ETF Drops 5% as Memory Trade Cools After Parabolic Run
Tech futures fell as oil prices topped $100 while South Korea news triggered losses in Q1 stocks. CPI inflation picked up.
Tech stocks looked set to drop on Tuesday, as investors took the opportunity to lock in some profit following a stellar rally in chip stocks. Futures tracking the Nasdaq 100 were 0.7% lower. Red-hot Intel and Micron Technology both slid by about 2% and Qualcomm, which hit a record high on Monday, was down by a similar amount.
Micron is up 826% in the last year. Should investors cash in their profit?
Palantir grew sales and quadrupled earnings in Q1. So why are investors selling?
The Nasdaq Composite (^IXIC) opened higher Tuesday, with the tech-heavy benchmark riding a familiar trio of tailwinds: a fresh wave of strong earnings, a sharp pullback in crude oil, and a pause in Middle East escalation. Risk appetite is back, and the Nasdaq Composite (^IXIC) is riding the bullish wave. Google parent company Alphabet (Nasdaq: GOOGL), ... Alphabet, Intel, Micron Lead Nasdaq Higher as Oil Drops on Paused Mideast Tensions
FTSE 100 down 168 points to 10,196 HSBC falls on profits miss Vodafone takes full ownership of UK mobile JV 2.55pm: Wall Street opens higher, FTSE sinks lower US stocks have opened higher, led by Intel's 11% gain and other tech stocks. The Nasdsq has marched 0.9% higher, while...