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AI boom keeps memory chip makers in sweet spot, says expert
Reuters Videos59d agoneutralVIDEO
AI boom keeps memory chip makers in sweet spot, says expert

<body><p>STORY: Micron said on Wednesday customers such as Nvidia had committed $22 billion to lock in supplies of memory chips, playing up huge growth in five-year "take-or-pay" deals that require clients to either buy its chips or hand over cash.</p><p>The comments underscore the growing importance of memory chips in the artificial intelligence supply chain, where demand has surged alongside the need for greater computing power.</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. 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," said Mulberry.</p><p>That dynamic has helped fuel investor interest in memory-chip makers, particularly as AI-related demand continues to outpace available supply.</p><p>"So if I'm looking at sales trading at five times, but the demand went up by 12 times, this is actually still a good buying opportunity for a company like Micron."</p></body>

268 U.S. Cities Now Have $1 Million Starter Homes as Housing Affordability Worsens. Here’s Why
24/7 Wall St.59d agoneutral
268 U.S. Cities Now Have $1 Million Starter Homes as Housing Affordability Worsens. Here’s Why

The American starter home, once a symbol of accessible homeownership, has crossed into seven-figure territory in a growing number of metros. According to Katie Hubbard, president of U.S. Capital Markets at Walton Global, 268 U.S. cities now have entry-level homes priced at $1 million, concentrated mostly in California and New York. According to Zillow, the ... 268 U.S. Cities Now Have $1 Million Starter Homes as Housing Affordability Worsens. Here’s Why

Caterpillar Soars But Analysts Remain Cautious
24/7 Wall St.59d agobullish
Caterpillar Soars But Analysts Remain Cautious

Caterpillar (NYSE: CAT) has been one of the more surprising mega-cap winners of 2026, riding a record backlog, AI-driven power generation demand, and aggressive capital returns to fresh highs. With the stock now changing hands above $1,038, the question is whether the next leg requires fresh fundamental fuel or a pause. Our 24/7 Wall St. ... Caterpillar Soars But Analysts Remain Cautious

DraftKings: Risk-Reward Remains Attractive for Patient Investors
24/7 Wall St.59d agoneutral
DraftKings: Risk-Reward Remains Attractive for Patient Investors

Our DraftKings (NASDAQ:DKNG) price prediction lands within striking distance of where the stock trades today. After a brutal twelve months for shareholders, the question is whether the prediction markets pivot and Sportsbook margin expansion can outrun the litigation overhang and softer engagement metrics. My read: the risk/reward is balanced, with a slight tilt toward patient ... DraftKings: Risk-Reward Remains Attractive for Patient Investors

Investors Are Piling Into Wendy’s Stock After a 40% Rally. Here’s Why
24/7 Wall St.59d agobullish
Investors Are Piling Into Wendy’s Stock After a 40% Rally. Here’s Why

Wendy’s (NASDAQ:WEN) has recently become one of the market’s most closely watched stocks after a sharp rally this week sparked an explosion in options activity. CNBC’s Oliver Renick walked through the staggering activity on Options Action, explaining Wendy’s beaten-down turnaround story, new management, heavy short interest, and out-of-the-money calls trading at lottery-ticket prices. What the ... Investors Are Piling Into Wendy’s Stock After a 40% Rally. Here’s Why

Nvidia’s CEO Says the Next Millionaires Will Be Plumbers and Electricians, Not Coders
24/7 Wall St.59d agoneutral
Nvidia’s CEO Says the Next Millionaires Will Be Plumbers and Electricians, Not Coders

When the company selling AI shovels suggests you grab a different shovel, it is worth a look. On a Fox Business segment June 25, 2026, blue-collar advocate Ken Rusk relayed NVIDIA (NASDAQ:NVDA) CEO Jensen Huang’s claim that “the next generation of millionaires will be carpenters, plumbers and electricians”. Rusk’s framing was blunter. “If I was ... Nvidia’s CEO Says the Next Millionaires Will Be Plumbers and Electricians, Not Coders

A Private Credit Veteran Warns ‘A Canary in the Coal Mine Is Coming’ as a $1.8 Trillion Market Cracks
24/7 Wall St.59d agoneutral
A Private Credit Veteran Warns ‘A Canary in the Coal Mine Is Coming’ as a $1.8 Trillion Market Cracks

Private credit was supposed to be the safe, sleepy corner of finance where pension money quietly clipped coupons. That story is fraying. Morgan Stanley (NYSE:MS) just capped investor withdrawals at 5% from its $7 billion private credit fund, and Apollo Global Management (NYSE:APO) is again limiting redemptions from its largest non-traded retail private credit fund. ... A Private Credit Veteran Warns ‘A Canary in the Coal Mine Is Coming’ as a $1.8 Trillion Market Cracks

Trading Near an All-Time Low of $5: 1 Crucial Balance Sheet Metric That Explains Why Lucid Is a Dangerous Capital-Destruction Trap
24/7 Wall St.59d agoneutral
Trading Near an All-Time Low of $5: 1 Crucial Balance Sheet Metric That Explains Why Lucid Is a Dangerous Capital-Destruction Trap

Lucid (NASDAQ:LCID) at $5.19 faces a deteriorating risk/reward setup. The stock sits within striking distance of its 52-week low of $4.47, and the latest filings show a capital structure deteriorating faster than deliveries can compensate. Lucid builds the luxury Air sedan and Gravity SUV from its Arizona plant, with a Saudi Arabia facility scheduled to ... Trading Near an All-Time Low of $5: 1 Crucial Balance Sheet Metric That Explains Why Lucid Is a Dangerous Capital-Destruction Trap