In June, U.S. nonfarm payrolls increased by 57,000, falling short of the 114,000 expected, while the unemployment rate unexpectedly decreased to 4.2%. Labor force participation also declined to 61.5%. Memory chip stocks, including SK Hynix and Samsung Electronics, fell sharply following a significant drop in South Korea's Kospi Index. Apple plans to launch at least five new iPhone models by mid-2027, including more folding phones. Genuine Parts surged after O'Reilly Automotive reportedly made a $10 billion cash bid for its auto-parts division. Meanwhile, 7-Eleven sued Nike over alleged trademark infringement related to the Air Max 95 sneaker design.
Market expert Jay Woods highlights Micron Technology as the new key indicator for the S&P 500's direction, replacing Nvidia and Apple. Despite Micron's impressive earnings growth, Woods notes a bearish momentum divergence suggesting the stock may con...
In the first half of 2026, the Technology Select Sector SPDR Fund (XLK) led sector gains with a 33% return despite a June pullback due to AI spending concerns and Fed rate hike fears. The Energy sector (XLE) rose 21%, driven by supply disruptions and...
Ondo Finance has launched the first third-party tokenization of U.S. securities—BlackRock's iShares Core S&P 500 ETF and Micron shares—on a public blockchain within existing U.S. regulations. Partnering with Broadridge, token holders gain full shareh...
Seeking Alpha Quant's Top 10 Stocks for 2026 have outperformed the market with a nearly 70% gain compared to the S&P 500's 8.3%. Four stocks, including Micron and AMD, delivered triple-digit returns since January 2026, with increases of 267% and 156%...
Micron CEO Sanjay Mehrotra sold over 40,000 shares worth more than $46 million in June 2026, marking his largest insider sale this year. This comes as Micron's stock surged over 227% since January, driven by demand from AI and hyperscalers. However, ...
