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Trump accounts’ Palantir sale hides a bigger AI shift
TheStreet79d agoneutral
Trump accounts’ Palantir sale hides a bigger AI shift

President Donald Trump’s investment accounts just put a familiar artificial intelligence trade next to a less obvious one. That doesn’t mean Trump himself did the trading. According to the source, external parties handled the accounts, and outside managers made the buying and selling choices. ...

Is Western Digital (WDC) Cheap Following Its AI Driven Index Shift?
Simply Wall St.79d agoneutral
Is Western Digital (WDC) Cheap Following Its AI Driven Index Shift?

Western Digital (WDC) just shifted across multiple Russell indexes, moving out of several value and midcap benchmarks and into large cap growth indexes that emphasize companies tied to AI infrastructure spending. See our latest analysis for Western Digital. Western Digital’s recent index moves come after a volatile stretch where the stock logged a 1 day share price return of 7.14%, a 30 day share price return of 12.85%, and an 85.11% 90 day share price return. The 1 year total shareholder...

Stock Indexes Fall as Chipmakers Retreat
Barchart80d 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...

Micron, SanDisk, and Western Digital Sink 7% as Samsung Earnings Spark a Memory Selloff
24/7 Wall St.80d agobearish
Micron, SanDisk, and Western Digital Sink 7% as Samsung Earnings Spark a Memory Selloff

Memory and storage stocks are selling off sharply in early trading Tuesday, reversing Monday’s rebound. Micron Technology (NASDAQ:MU) shares are down 7% to $917, SanDisk (NASDAQ:SNDK) stock is off 7% to $1,616, and Western Digital (NASDAQ:WDC) shares are dropping 7% to $537. The selling extends across the group. Seagate Technology (NASDAQ:STX) stock is down 5% ... Micron, SanDisk, and Western Digital Sink 7% as Samsung Earnings Spark a Memory Selloff

The Market’s Hottest Stock Is Turning Cold
Barrons.com80d agoneutral
The Market’s Hottest Stock Is Turning Cold

Sandisk has been one of the hottest U.S. tech stocks over the past year but it’s starting to cool off. Shares of the memory storage company were down around 4% ahead of the open Tuesday, among the sharpest fallers in the The stock, up 635% this year, has fallen 23% over the past three trading days.

SK Hynix’s $29 Billion Listing Puts the Memory Supercycle to the Test
24/7 Wall St.80d agoneutral
SK Hynix’s $29 Billion Listing Puts the Memory Supercycle to the Test

Asia’s markets open a pivotal week with one question hanging over the semiconductor tape: how durable is the memory trade? On Bloomberg TV’s The Asia Trade this morning, analyst Anthony Stephens framed SK Hynix’s $29 billion ADR listing, expected by the end of the week, as a live stress test of the supercycle thesis, alongside ... SK Hynix’s $29 Billion Listing Puts the Memory Supercycle to the Test

US futures edge lower as investors assess Samsung results and Fed outlook: Dow Jones, S&P, Nasdaq, Wall Street
InvestorsHub80d agoneutral
US futures edge lower as investors assess Samsung results and Fed outlook: Dow Jones, S&P, Nasdaq, Wall Street

US stock index futures traded cautiously on Tuesday after the Dow Jones Industrial Average reached a record high in the previous session, while investors weighed another strong earnings update from Samsung Electronics (USOTC:SSNHZ) alongside fresh comments from Federal Reserve Governor Christopher Waller. Futures pause after Wall Street recordsBy 03:02 ET (07:02 GMT), futures linked to the Dow Jones Industrial Average were little changed.

Sandisk Stock Was Red Hot but Get Set for a Cold Snap
Barrons.com80d agoneutral
Sandisk Stock Was Red Hot but Get Set for a Cold Snap

Sandisk has been one of the hottest U.S. tech stocks over the past year but it’s starting to cool off. Shares of the memory storage company were down around 6% ahead of the open Tuesday, among the sharpest fallers in the The stock, up 635% this year, has fallen 23% over the past three trading days.