The Nasdaq Composite and semiconductor stocks have declined following a strong rally driven by AI optimism. Technical indicators show negative momentum, crowded positioning, and rising volatility, suggesting caution among investors. The selloff may continue until clear signs of capitulation or a technical catalyst emerge to restore confidence. Watching key support levels could provide clues on when the downturn might end.
AI-related capital expenditures by major U.S. tech companies reached $400 billion in 2025 and are expected to hit $700 billion in 2026, driving stock market gains and economic growth. Despite concerns about a potential AI bubble, CoBank's report high...
The iShares MSCI USA Value Factor ETF (VLUE) now holds a 20.63% allocation in Micron Technology after a 200% year-to-date rally, due to its sector-neutral, rules-based indexing that values Micron's low forward P/E despite its price surge. This concen...
Micron's stock rebounded 11.7% recently after falling 15% from its peak earlier in June. Analysts from Morgan Stanley view the recent dip as a healthy reset, suggesting it sets the stage for stronger future gains. Meanwhile, other memory chip makers ...
Oracle's stock dropped 20% in five days after announcing plans to spend $70 billion on AI data centers, funded by $40 billion in new debt and equity. Despite beating revenue expectations, investors worry about the company's heavy debt load nearing $1...
Wolfe Research raised Micron's 12-month price target from $550 to $1250, a 127% increase, citing expected pricing gains through 2027 and revenue growth to $226.5 billion. The firm's EPS forecast also soared to $135, up from $21.18 in the prior year, ...
