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 consolidate before rising further. He predicts a possible 10% market pullback below 7,000 on the S&P 500 before a rally later in 2026, with year-end targets around 7,650 to 7,700. Investors should watch Micron’s upcoming earnings for clues on broader market trends.
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, ...
Jim Cramer advises investors to use the recent market rotation as a chance to sell underperforming stocks at a premium and buy leading winners at a discount. He highlights Meta, Micron, and AMD as top picks, noting strong demand in semiconductors and...
