Semiconductor stocks led a market rebound with Micron and Qualcomm surging after a sharp drop last week, driven by strong AI memory demand and positive industry news like NVIDIA's partnership with SK Hynix. Nasdaq 100 futures climbed 0.8%, supported by easing inflation concerns as crude oil prices fell below $90 on optimism over a potential US-Iran deal. Upcoming IPOs from OpenAI and SpaceX signal ongoing interest in AI but may temporarily divert institutional funds. The key technical resistance for Nasdaq 100 is at 30,033, which will determine if the chip rally can sustain momentum amid broader market uncertainties.
Asian semiconductor stocks experienced a significant decline following a sell-off in US chipmakers, with SK Hynix shares dropping over 9% in Seoul after an earlier 8% rally. The sell-off reflects concerns over AI spending and profit-taking after a st...
Jim Cramer expressed skepticism about the current impact of AI investments, noting that while AI infrastructure companies benefit, many corporate users have yet to show significant cost savings or revenue gains. He highlighted that banks, expected to...
Jim Cramer cautioned that the recent rally in Big Tech stocks like Alphabet, Microsoft, Meta, and Amazon might be more about investor optimism than real improvements in their business fundamentals. Despite positive news such as Warren Buffett's endor...
Sanjeev Sharma forecasts the S&P 500 will finish 2026 slightly below its starting point due to weak consumer fundamentals like stagnant wage growth, high inflation, elevated gas prices, and rising interest rates. His disposable income-based model hig...
Micron Technology announced that its executives will participate in the KeyBanc Capital Markets Technology Leadership Forum on August 10, 2026, in Deer Valley, Utah. The event presentation will be webcast live and available for replay on Micron's Inv...
