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Why the Dow Is Soaring But the Nasdaq Is Falling
Barrons.com53d agoneutral
Why the Dow Is Soaring But the Nasdaq Is Falling

The stock market is leaving Big Tech stocks in the dust. The Dow surged 733 points, or 1.4%, while the S&P 500 gained 0.3%. The Nasdaq, which was up nearly 1% at the open, was down 0.6%. More than four-in-five S&P 500 stocks were set to close higher, but the Roundhill Magnificent Seven ETF dropped 2%.

Memory Price Tsunami Swamps Apple as Tim Cook Hikes Prices 20%
24/7 Wall St.53d agoneutral
Memory Price Tsunami Swamps Apple as Tim Cook Hikes Prices 20%

The artificial intelligence boom is creating winners and losers in places many investors never expected. While most attention remains fixed on GPUs from Nvidia (NASDAQ:NVDA), memory chips have quietly become one of the industry’s biggest bottlenecks. Every AI server requires massive amounts of high-bandwidth memory (HBM) and DRAM, and supply simply can’t keep pace with ... Memory Price Tsunami Swamps Apple as Tim Cook Hikes Prices 20%

Microsoft’s Stock Is Crippled
24/7 Wall St.53d agoneutral
Microsoft’s Stock Is Crippled

AI was supposed to be a tide that lifted all ships within the sector. Microsoft (NASDAQ: MSFT) is the leading exception. So far this year, the stock is down 24%. The market is 7% higher, and the market’s long-term trade is just bad or worse. Over the last five years, the stock has risen 38% ... Microsoft’s Stock Is Crippled

May PCE: Inflation ticks up to highest level since 2023
Yahoo Finance Video53d agoneutralVIDEO
May PCE: Inflation ticks up to highest level since 2023

May's Personal Consumption Expenditures (PCE) index — the Federal Reserve's preferred inflation gauge — saw inflation rise 0.4% month-over-month and 4.1% year-over-year Core PCE, which excludes food and energy prices, rose 0.3% monthly and 3.4% annually, marking the highest level since 2023. Morning Brief Host Julie Hyman is joined by Yahoo Finance Tech Editor Dan Howley and Epistrophy Capital Research chief market strategist Cory Johnson to further examine rising price trends.

Apple raises prices of MacBooks, iPads as memory costs skyrocket
Reuters53d agoneutral
Apple raises prices of MacBooks, iPads as memory costs skyrocket

SAN FRANCISCO, June 25 (Reuters) - Apple raised iPad and MacBook prices on Thursday, saying it could no longer shield customers from soaring memory and storage chip costs driven by the AI industry's datacenter buildout. The move does not affect Apple's main cash cow, the ‌iPhone.

Apple Raises Prices on Macs, iPads by $200 or More on Some Models
The Wall Street Journal53d agoneutral
Apple Raises Prices on Macs, iPads by $200 or More on Some Models

Apple raised the prices of its Macs and iPads early Thursday morning, a week after Chief Executive Tim Cook said the soaring costs of memory and storage chips would force the company’s hand. The company briefly took down its Apple Online Store early this morning as it typically does when announcing new products. When it came back online, the price tags for Mac computers rose roughly 15% to 20% and iPad prices rose 15% to 25%.

AI Weekly: Micron boosts chip stocks, firms mull AI-related cuts
Reuters Videos53d agobearishVIDEO
AI Weekly: Micron boosts chip stocks, firms mull AI-related cuts

<body><p>STORY: From chip stocks getting a fresh boost... to where chip workers have become among the most desirable partners.. This is AI Weekly.</p><p>:: AI Weekly</p><p>Chip stocks rebounded after bullish outlooks from U.S. firms Micron Technology and Qualcomm.</p><p>Micron said customers had committed to spend $22 billion on its chips.</p><p>It also forecast quarterly profit and revenue well above expectations, sending its shares 12% higher in after-hours trading.</p><p>Landsberg Bennett Chief Investment Officer Michael Landsberg says the AI boom has been transformational for memory chip makers like Micron:</p><p>“What’s happened in this space has been, typically this used to be more of a commodity, and so what’s happened now with AI, a lot of these chips are needed to make AI work faster and better so the demand has really been strong across the entire sector.”</p><p>Donald Trump has said Apple has agreed to work with Intel to design and manufacture its chips in the U.S.</p><p>The move would be a major boost for the American chipmaker's efforts to turn around its business.</p><p>A contract with Apple would lock in steady demand from the iPhone maker.</p><p>That would boost Intel's reputation and sales as it looks to close the gap with rival TSMC.</p><p>Oracle's total workforce declined 13%, or about 21,000 employees, in its fiscal 2026.</p><p>It's as the cloud computing giant continued restructuring its business... partly driven by the adoption of AI across its operations.</p><p>Up to 3,000 Santander employees in Spain could also be offered early retirement.</p><p>That's as the bank braces for impacts brought on by AI, Spanish newspaper Expansion reported on Wednesday.</p><p>SK Hynix overtook Samsung Electronics to become South Korea's most valuable listed company.</p><p>Shares in what is now the world's most valuable memory chipmaker rose to bring the company's market capitalization to $1.35 trillion. &nbsp;</p><p>Employees at chip factories are also now part of South Korea’s A-list.&nbsp;</p><p>Some workers at Samsung’s chip division are set for bonuses of about $416,000.</p><p>Around 14 times South Korea’s average annual salary.</p><p>Chip workers now rival doctors and lawyers as the nation’s most desirable partners.</p><p>Lee Sung-mi from matchmaking agency Sunoo says tech staffers now rate very highly:</p><p>"Scores for Samsung Electronics employees have recently risen from 83 to 87. As for clients who work at SK Hynix, their scores are expected to climb from around 80 to 83—showing just how highly favored the company has become."</p></body>

Stocks to Watch: Micron, Wendy’s, Sandisk
The Wall Street Journal53d agoneutral
Stocks to Watch: Micron, Wendy’s, Sandisk

↗️ Micron Technology (MU): The memory-chip maker said revenue quadrupled in the second quarter and that it expects the chip shortage to extend beyond 2027. Shares surged 17% premarket. ↗️ Sandisk (SNDK), Western Digital (WDC), Qualcomm (QCOM): Memory makers and other stocks tied to the AI buildout also rallied ahead of the bell.

Seoul stocks soar in Asia tech rally after Micron blowout forecast
AFP53d agobearish
Seoul stocks soar in Asia tech rally after Micron blowout forecast

South Korea's Kospi soared more than five percent in a tech-led surge across Asia on Thursday as a forecast-busting earnings report from US chip titan Micron helped traders brush off their latest worries about the AI investment boom.SK hynix jumped around 10 percent and Samsung more than five percent, pushing up the Kospi almost six percent at one point.