June 23 (Reuters) - Contracts tracking the tech-heavy Nasdaq fell 2%, leading declines among Wall Street futures on Tuesday, as concerns around imminent rate hikes in the United States and debt-backed
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In recent weeks, Sandisk has seen intense interest as AI data center demand, tight NAND flash supply and multiyear supply contracts have driven very strong revenue and earnings growth alongside new storage technologies like High Bandwidth Flash and SPRandom. Beyond headline demand, Sandisk’s shift into a pure-play NAND and SSD business with long-term hyperscaler agreements is reshaping its role at the center of AI infrastructure. We’ll now examine how Sandisk’s AI-driven NAND flash demand...
Asian equities fluctuated Tuesday following a tech-led sell-off on Wall Street as investors again questioned a long-running AI-fuelled boom, while crude largely held losses that came on the back of positive US-Iran talks.Tech firms -- the main driver of a surge across world markets as investors pile into all things AI -- took a hit in Asia.
Shares of memory chips maker Micron (NASDAQ:MU) jumped 4.8% in the afternoon session after two more major Wall Street price target upgrades arrived ahead of its fiscal Q3 earnings report later in the week.
Micron's stunning performance this year could be about to get even better, with traders expecting a big move from the memory chipmaker's stock after its quarterly results.

Micron (MU) stock hit a new all-time high on Monday after the company's deal with Anthropic (ANTH.PVT) was announced. Yahoo Finance Senior Business Reporter Ines Ferré takes a closer look in the video above.

Micron (MU) stock hit a new all-time high on Monday after the company's deal with Anthropic (ANTH.PVT) was announced. Yahoo Finance Senior Business Reporter Ines Ferré takes a closer look in the video above.
Stanley Druckenmiller sold his entire Alphabet (NASDAQ:GOOG) stake in the first quarter of 2026 and rotated the proceeds into SanDisk (NASDAQ:SNDK), Seagate Technology (NASDAQ:STX), Micron Technology (NASDAQ:MU), Broadcom (NASDAQ:AVGO), and Arm Holdings (NASDAQ:ARM). The billionaire who built Duquesne by reading macro tea leaves, and who famously sidestepped the dot-com unwind in 2000, dumped the highest-multiple AI software ... The Billionaire Who Called the 2008 Bubble Just Dumped Google to Bu
Sandisk looks positioned to profit from DRAM demand -- even if it doesn't make DRAM at all!
Micron Technology led other AI hardware stocks higher to start the week, ahead of the memory chipmaker's earnings.

Memory chipmaker SK Hynix (000660.KS) has accelerated ahead to become South Korea's most valuable company with a market cap of $1.36 trillion. Yahoo Finance Tech Editor Dan Howley discusses SK Hynix's gains resulting from the memory chip rally.
The S&P 500 Index ($SPX ) (SPY ) today is up +0.21%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.54%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.50%. September E-mini S&P futures (ESU26 ) are up +0.20%, and September E-mini Nasdaq futures...
Micron Technology (NASDAQ:MU) stock is up about 6% in Monday morning trading to around $1,199, leading a broad memory and storage rally into the company’s Wednesday earnings report. Western Digital (NASDAQ:WDC) stock is also up by about 6% to around $788, while SanDisk (NASDAQ:SNDK) stock is up 5% to around $2,294. The group is resisting ... Micron and Western Digital Rise 6%, SanDisk Gains 5% as Memory Stocks Rally Into Micron’s Earnings
Polen Capital, an investment management company, released its first-quarter 2026 investor letter for “Polen 5Perspectives Small-Mid Growth Strategy”. A copy of the letter can be downloaded here. Polen 5Perspectives Small-Mid Composite Portfolio returned -3.4% gross and -3.6% net of fees, respectively, in the first quarter of 2026, compared to the -3.5% return of the Russell […]
Micron led the rest of the chip complex higher on Monday after signing a supply deal with Antrhopic and ahead of the memory chipmaker's earnings this week.
Micron led the rest of the chip complex higher on Monday after signing a supply deal with Antrhopic and ahead of the memory chipmaker's earnings this week.
Micron led the rest of the chip complex higher on Monday ahead of the memory chip maker's earnings this week.
US futures were pointing higher at the start of the week as investors return from the Juneteenth holiday weekend, with technology stocks expected to lead gains despite lingering uncertainty over the Middle East and the prospect of further Federal Reserve tightening. Dow Jones futures were up...
June 22 (Reuters) - U.S. stock index futures started the week on a subdued note, after Friday's public holiday, with investors monitoring developments in U.S.-Iran talks following a tense start.
The Morning Bull - US Market Morning Update Monday, Jun, 22 2026 US stock futures are slightly softer this morning, with E-mini S&P 500 contracts down about 0.2%, as investors weigh cooling inflation signals from Japan against fresh signs of price pressure in Europe and higher US mortgage costs at home. In Japan, overall inflation is running at 1.5% a year and core inflation sits at 1.4%. However, the central bank has lifted its key rate to 1% and is talking about further increases, which...
Sandisk stock overview after recent performance shift Sandisk (SNDK) has drawn fresh interest after a sharp recent move in its share price, with investors weighing solid reported revenue of US$13.2b and net income of US$4.5b against its current market value. See our latest analysis for Sandisk. Beyond the latest jump, Sandisk’s share price return sits at 47.75% over 30 days and 211.00% over 90 days. Its total shareholder return over one year is very large, signalling strong recent momentum...
Donald Trump threatened fresh strikes on Iran after Tehran closed the Strait of Hormuz over hostilities in Lebanon, triggering a drop in global markets.
Western Digital bought the memory maker in 2016, and spun its flash storage and memory businesses back off in February 2025.
Despite an extremely overbought RSI near 99, SanDisk continues to rally on strong fundamentals, rising earnings, and robust cash flow generation.