FEATURE Tech was getting hit again on Friday as investors carried on selling chip makers and other artificial-intelligence stocks. Futures tracking the slumped 1.8%. The and were both also on track to open lower.
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Jim Cramer says Micron just delivered one of the best quarters in memory chip history, yet he still wants you out of the stock before Monday. The reason has nothing to do with earnings and everything to do with who is actually controlling the price right now.
July 17 (Reuters) - U.S. stock index futures slid on Friday as a selloff in chip stocks deepened, forcing investors to reassess the staying power of this year's AI-fueled rally, while a weak forecast
A number of stocks fell in the afternoon session after TSMC paired topline strength with a free cash flow-compressing capital expenditure reset, compounding a sector-wide selloff that began with ASML the day before.
Janus Henderson Investors, an investment management company, released its second-quarter 2026 investor letter for the “Global Sustainable Equity Fund”. A copy of the letter can be downloaded here. Global equities experienced a robust quarter, with the Fund returning 16.17%, outperforming the Index’s 13.16% gain and the Peer Group’s 12.98% return. An overweight in information technology, particularly AI […]
The S&P 500 Index ($SPX ) (SPY ) today is down -0.46%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.04%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.28%. September E-mini S&P futures (ESU26 ) are down -0.40%, and September E-mini Nasdaq futures...
The Nasdaq composite is down more than 1% this morning. Here are the stocks on the index that are getting hit hard: 💾 Chips, memory makers: Sandisk, Micron, AMD, SK Hynix's ADRs, Intel, Western Digital, Seagate, Arm, Broadcom, Nvidia and Marvell are all deep in the red.
Wall Street looked set for a mixed open Thursday with further yo-yoing in technology stocks amidst a fresh batch of corporate earnings. Futures pointed to the Dow Jones opening 0.2%, while the S&P 500 was called down 0.2% and the Nasdaq looked set to bear the brunt of the selling, with...
Stocks were poised for a mostly lower open on a busy earnings Thursday, as shares of chipmakers extended losses but those of UnitedHealth Group lifted Dow Jones Industrial Average futures.
July 16 (Reuters) - U.S. stock index futures were subdued on Thursday as investors paused after a two-day rally, while chip stocks remained under pressure ahead of fresh economic reports and another
FTSE 100 down 35 points to 10,481 UK GDP three-month growth at 0.8% Rotork, Gooch & Housego, and Ramsden's agree to takeovers Experian and Ocado fall after updates 9.50am: City focused on Burnham and his potential Chancellor Market commentators are focused on UK politics...
Dell, Sandisk and Micron led an AI sell-off, masked by megacaps such as Apple. SpaceX undercut its IPO price. Taiwan Semi, GE Aerospace earnings are due.
Physics turned into a bill of materials convinced me to keep adding to one hard drive maker, even as insiders sell and a forward P/E of 37 raises eyebrows from value investors who remember what cyclicality does to hardware names.
Networking, storage and connectivity lead its 2027 outlook
The same chipmakers that have been investors' AI darlings are some of the biggest drags on today's market. The PHLX Semiconductor Index down 4.3% today with all components in the red, according to Dow Jones Market Data.
FTSE 100 down 23 points to 10,506 Miners fall on weaker China GDP Barratt Redrow, ICG, B&M, NextEnergy Solar publish updates 12.13pm: European stocks in the red, US futures green London's blue-chips and those in other European financial centres remain under pressure at midday...
SanDisk turned a modest storage brand into one of the most explosive trades on the NASDAQ, but with the stock cooling sharply from its peak and Wall Street targets ranging from $955 to $3,169, figuring out where it goes next demands a closer look at what is actually driving the numbers.
The S&P 500 Index ($SPX ) (SPY ) today is up +0.30%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.60%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.97%. September E-mini S&P futures (ESU26 ) are up +0.28%, and September E-mini Nasdaq futures...
SanDisk, Micron, Seagate and Western Digital look attractive after a steep sell-off, supported by AI demand, improving pricing and lower valuations.
Investor focus is turning to Seagate Technology as the company prepares to report fourth-quarter results, with analysts expecting triple-digit earnings growth.
A single analyst note out of Seoul just erased billions from Korean chip stocks, and the same logic points straight at Micron. Whether that makes MU a buying opportunity or a warning sign depends on one number buried in its next earnings report.
In recent days, Seagate Technology Holdings has come under pressure as a sector-wide selloff in memory and AI chip stocks followed SK Hynix’s sharp drop and renewed worries about cloud spending, inventory levels, and macro risks such as Middle East tensions and inflation. At the same time, Seagate remains closely tied to expectations for AI and cloud infrastructure demand, leaving its story caught between enthusiasm for its high-capacity Mozaic 4+ drives and investor concerns about a...
Seagate Technology Holdings (NasdaqGS:STX) shares declined alongside a broad selloff in AI and memory chip stocks. The move followed concerns around SK hynix’s earnings outlook, which raised questions about AI demand and memory pricing. Investors are reassessing expectations for AI infrastructure growth and data center storage needs that affect Seagate’s business. Seagate Technology Holdings sits at the center of the AI and cloud storage story, so a sector-wide pullback can affect sentiment...