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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.

After a gain this large, is there any room left to run?

A mixed session on Wall Street uncovers a deeper anxiety—what happens if tech giants decide the AI boom is getting too expensive? Plus, a look at today’s inflation data.

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.

Shares of memory chips maker Micron (NASDAQ:MU) jumped 17.1% in the afternoon session after the company reported outstanding second quarter (fiscal Q3 2026) earnings results, guided to $50 billion in sales for the next quarter, locked in $100 billion of contracts, and said it can't even see when supply catches up.

Micron Technology’s (MU) fiscal third-quarter 2026 earnings report delivered results you rarely see from a company of its size. The trillion-dollar semiconductor’s revenue surged 346% year-over-year to $41.46 billion, profits soared 1,215% to $28.24 billion, and, according to the company, its ...

Wall Street digested a downbeat week for tech stocks.

Wall Street digested a downbeat week for tech stocks.

US stock futures wavered as Wall Street digested a downbeat week for tech stocks.

What does a sold-out memory supplier really tell you about the staying power of the AI chip boom?

<body><p>STORY: U.S. stocks ended mixed on Thursday, with the Dow ticking up more than a tenth of a percent, while the S&P 500 closed flat and the Nasdaq dropped nearly half a percent.</p><p>Technology shares reversed early gains to move lower, as investors worried about hyperscaler spending on AI and who foots the bill.</p><p>:: Micron</p><p>Those fears outweighed upbeat signals on AI demand from Micron, which gained nearly 16%, while shares of Sandisk soared 22%.</p><p>Brian Mulberry, chief market strategist at Zacks Investment Management, notes that it's memory chip makers that are now leading the charge.&nbsp;</p><p>"What's different about Micron, SanDisk, Western Digital, those types of names that are doing so well is that they're memory chips. And you have to have memory, specifically DRAM or H-band memory, if you're going to have enough computing power to do all the computations. That is nothing if you don't have memory to transfer it from one place to another. So one of the reasons that these stocks have done so well and the growth at Micron is so solid is because a recent redesign in the server technology means we go from eight memory chips per server to 96. That's 12 times growth in demand for this one simple component."</p><p>The surging prices of memory and storage chips prompted Apple on Thursday to hike prices for its iPads and MacBooks. That weighed on the stock, sending it down more than 6%. Shares of Nvidia, Microsoft and Alphabet also dropped.</p><p>:: Archive</p><p>Among other movers, shares of Bio-Techne jumped after Merck agreed to acquire the biotech firm for $73 per share in cash, representing a total enterprise value of about $11.3 billion.</p><p>:: Archive</p><p>Meanwhile, U.S. Department of Commerce data on Thursday showed the annual inflation rate through May rose above 4% for the first time in three years, but oil prices this week fell to below pre-war levels.</p></body>

Citigroup highlighted SanDisk as a prime beneficiary of the insatiable global demand for artificial intelligence memory and storage infrastructure.