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Micron Sinks 6%, Western Digital Falls 5% but SanDisk Holds Steady
24/7 Wall St.73d agobearish
Micron Sinks 6%, Western Digital Falls 5% but SanDisk Holds Steady

Memory and storage stocks are taking it on the chin at midday Tuesday, but the sell-off isn’t hitting every name equally. Micron Technology (NASDAQ:MU) shares are down 6%, and Western Digital (NASDAQ:WDC) stock is off 5%. Yet, SanDisk (NASDAQ:SNDK) shares are holding firm (comparatively speaking) as they trade flat on the session. The backdrop is ... Micron Sinks 6%, Western Digital Falls 5% but SanDisk Holds Steady

Oil Pares Losses After Trump Says US ‘Must Respond’ to Attack
Bloomberg73d agobearish
Oil Pares Losses After Trump Says US ‘Must Respond’ to Attack

(Bloomberg) -- Oil pared some losses after President Donald Trump blamed Iran for shooting down a US military helicopter and vowed a response, reigniting fears of a return to clashes that could prolong a global energy crisis.Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’Stocks Hit by Chipmaker Rout Amid US-Iran Jitters: Markets WrapOpenAI Joins a Massive AI IPO Pipeline Now Worth $3.6 TrillionLA Mayor Race Flips as Socialist Beats Reality TV Star PrattTrump

Are Big Stock Offerings Behind Tuesday’s Tech Selloff?
The Wall Street Journal73d agobearish
Are Big Stock Offerings Behind Tuesday’s Tech Selloff?

The catalyst for investors' dumping AI stocks again Tuesday isn't totally clear. But Brian Jacobsen, chief economic strategist for Annex Wealth Management, suggested Alphabet's recent capital raise and SpaceX's impending IPO could be contributing to the ongoing declines.

1 Under-the-Radar Reason to Hold Broadcom Stock After Its Historic 14% Earnings Crash
24/7 Wall St.73d agobearish
1 Under-the-Radar Reason to Hold Broadcom Stock After Its Historic 14% Earnings Crash

At $396.60, Broadcom (NASDAQ:AVGO) is a Hold. The stock just suffered its second-largest negative earnings day reaction in nine quarters, and the reason behind it deserves more attention than the headline number. Broadcom designs custom AI accelerators, networking silicon, and infrastructure software for hyperscaler buildouts. Fiscal Q2 delivered strong results: revenue hit $22.19 billion, up ... 1 Under-the-Radar Reason to Hold Broadcom Stock After Its Historic 14% Earnings Crash

Super Micro Plunges 11%, Dell Sinks 9% as High-Beta AI Hardware Stocks Get Hit
24/7 Wall St.73d agobearish
Super Micro Plunges 11%, Dell Sinks 9% as High-Beta AI Hardware Stocks Get Hit

Shares of Super Micro Computer (NASDAQ:SMCI) are down 11% at midday Tuesday, while Dell Technologies (NYSE:DELL) is sliding 9%. Both high-beta AI hardware names are getting hit in a coordinated risk-off move across the AI infrastructure complex. The selling comes as the broader market also weakens, with the S&P 500 ETF down 1.5% to 2% ... Super Micro Plunges 11%, Dell Sinks 9% as High-Beta AI Hardware Stocks Get Hit

Legal Probe Puts Monolithic Power Systems Governance And Growth Story Under Review
Simply Wall St.73d agobearish
Legal Probe Puts Monolithic Power Systems Governance And Growth Story Under Review

The Schall Law Firm has launched an investigation into Monolithic Power Systems' (NasdaqGS:MPWR) directors and management. The probe focuses on potential breaches of fiduciary duty and whether the board fulfilled its responsibilities to shareholders. The investigation could lead to litigation or changes in corporate governance practices depending on the findings. Monolithic Power Systems focuses on analog and mixed-signal power solutions, supplying components that sit inside a wide range of...

Michael Saylor is now blaming AI for bitcoin's price crash
Yahoo Finance Video73d agobearishVIDEO
Michael Saylor is now blaming AI for bitcoin's price crash

Scott Melker discusses how Strategy (MSTR) executive chairman Michael Saylor is now blaming AI for bitcoin's (BTC-USD) price crash. He goes on to highlight Arca and 10x Research's respective responses to Saylor's recent comments. Strategy sold $2.5 million worth of bitcoin last week, going on to buy the dip and purchase $101 million in the crypto asset this week. "The Daily Wolf with Scott Melker" airs on Yahoo Finance every day at 12:00 p.m. Tune in for your daily dose of all things crypto. Make sure to also check out Yahoo Finance's new crypto hub to find the latest crypto-related news.

Why Are Chip Stocks Selling Off Again Today
Barrons.com73d agobearish
Why Are Chip Stocks Selling Off Again Today

The PHLX Semiconductor Sector Index, or Sox, sank 7%. The Sox sank 10% on Friday but a round of dip-buying on Monday pushed it back up 5%. Mizuho’s Daniel O’Regan believes the slide is just a continuation of the AI spending fears that sent the index tumbling on Friday after the sector went parabolic and appeared “oversold” based on technical indicators.

Qualcomm Drops 8% on ByteDance ASIC Deal, Marvell Falls 10% as Custom-Silicon Stocks Slide
24/7 Wall St.73d agobearish
Qualcomm Drops 8% on ByteDance ASIC Deal, Marvell Falls 10% as Custom-Silicon Stocks Slide

Shares of Qualcomm (NASDAQ:QCOM) are down 8% to $201 in Tuesday morning trading, while Marvell Technology (NASDAQ:MRVL) shares are off 10% to $260. The catalyst centers on news that ByteDance is moving forward with a custom AI silicon (ASIC) deal that touches Qualcomm directly, reshaping the merchant custom-silicon narrative across the sector. The selling action ... Qualcomm Drops 8% on ByteDance ASIC Deal, Marvell Falls 10% as Custom-Silicon Stocks Slide

AI Selloff a ‘Wake-Up Call’ for Investors, Wells Fargo Says
Bloomberg73d agobearish
AI Selloff a ‘Wake-Up Call’ for Investors, Wells Fargo Says

(Bloomberg) -- Friday’s technology-driven selloff was a “wake-up call” for investors, according to Wells Fargo & Co., which said it has highlighted the risks of piling into the artificial-intelligence trade.Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’OpenAI Joins a Massive AI IPO Pipeline Now Worth $3.6 TrillionLA Mayor Race Flips as Socialist Beats Reality TV Star PrattTrump’s $100,000 H-1B Visa Application Fee Rejected by JudgeChina Preps $295 Billion P

Applied Digital inks hyperscaler deal, Vail Resorts cuts guidance
Yahoo Finance Video73d agobearishVIDEO
Applied Digital inks hyperscaler deal, Vail Resorts cuts guidance

Yahoo Finance's Julie Hyman takes a look at some of Tuesday's trending tickers and stories, including GSK (GSK) buying biotech firm Nuvalent (NUVL), Applied Digital's (APLD) deal with a hyperscaler, and Vail Resorts (MTN) cutting its full-year guidance.

Shopify (SHOP) Fell With Software Sell Off
Insider Monkey73d agobearish
Shopify (SHOP) Fell With Software Sell Off

Sands Capital Management, LLC released its Q1 2026 investor letter for its “Select Growth Strategy”. A copy of the letter is available to download here. Select Growth mainly targets leading U.S. businesses, driving positive structural changes. U.S. large-cap growth stocks fell in the first quarter. Sharp dispersion driven by AI advances marked the quarter, but late […]