Sandisk forecasts upbeat quarterly revenue on AI-driven demandSandisk anticipates higher quarterly revenue, fueled by robust demand for AI data center memory chips. The company is now prioritizing long...
Global Market Today: Asian stocks drop as AI rally pauses, oil dipsAsian markets experienced a dip on Thursday as Wall Street's recent tech surge showed signs of slowing down. Crude oil prices also fell sli...
South Korea’s Kospi climbs 5%, extending two-day rebound: 3 reasons fueling the rally after July selloffSouth Korea's KOSPI surged over 5% on Wednesday, extending its two-day recovery to 7% following a heavy July selloff. The rally was fueled ...
US stocks: Dow closes at record high on Iran talks optimismUS stocks opened August with strong gains, pushing the Dow Industrials to a record closing high. Easing oil prices and Treasury yields supp...
US stocks: US market starts the month strong as Mideast deal hopes riseMajor US stock indexes opened higher on Monday. De-escalating Middle East tensions helped drag down crude oil prices. Investors are now pre...
AI bubble gone bust? Once a billionaire, how AI investor Leopold Aschenbrenner lost most of his hedge fund’s fortune in daysAschenbrenner's fund, Situational Awareness, massively grew to as big as $45 billion at the beginning of July before big losses took hold, ...
Vertiv shares crash 14% in pre-market after Q2 revenue misses estimatesVertiv shares fell 14% in premarket trading after second-quarter revenue missed estimates despite strong profit growth. The AI data centre ...
Nasdaq 100 heads for correction as AI worries rattle investorsThe benchmark reached the correction threshold in just 38 trading days, versus more than 100 sessions during its previous decline.
SanDisk Selloff Explained: Why investors are moving away from the memory chip giant
TCS, Infosys, Coforge, other IT stocks rally up to 10% after Nvidia-led chip rout. Is AI trade ending?Indian IT stocks rallied on Tuesday, with TCS, Infosys, HCL Tech, Wipro, Coforge and Tech Mahindra gaining despite a global sell-off in AI-...
US equity funds see first weekly outflow in three weeks as chip selloff weighs on sentimentUS equity funds saw their first weekly outflow in three weeks, with a net $4.8 billion pulled amid a semiconductor selloff and US-Iran tens...
Global Market: AI-driven chip rally stumbles as investors question lofty valuations after sharp selloffGlobal artificial intelligence stock rallies experienced a sharp setback last week. Investors are now reassessing expectations surrounding ...
US stocks today: Nasdaq ends lower as chip weakness offsets solid earnings, economic dataU.S. stocks slipped as chipmakers dragged the Nasdaq and S&P 500 lower despite solid economic data and strong earnings expectations. Semico...
AI cloud company CoreWeave explores Wall Street playbook to hedge memory-chip price riskThe unusual move underscores how deeply the AI boom has entangled cloud providers with the volatile chip market. To lock in supply amid s...
Why SanDisk stock plunged despite Wall Street's bullish outlookSanDisk shares tumbled over 12% amid profit-booking and weakness in semiconductor stocks. Despite the decline, analysts remain bullish, cit...
SanDisk's stunning rally hits a speed bump: What triggered the sharp selloff?SanDisk stock faces a sharp correction after a significant rally this year. Investors are booking profits amid a broader selloff in AI and ...
SanDisk shares crash 10% as AI chip selloff spreads to memory stocksSanDisk share crash why, chip stocks falling today, AI rally over or not, Micron Intel share fall reason, memory stocks crash news, Samsung...