SanDisk's stock surged over 15% following its Investor Day event where it announced ambitious financial targets through fiscal 2030, including mid-to-high teens annual revenue growth and an 80% adjusted gross margin. The positive outlook is supported by a broader memory sector rally driven by AI infrastructure demand, with competitors like SK Hynix and Western Digital also seeing significant gains. Wells Fargo raised SanDisk's price target to $1,550, indicating further upside potential. This momentum highlights strong investor confidence in the memory industry's growth prospects tied to AI technology.
A CBRE report reveals that New York's office market now hosts more tech workers than San Francisco's for the first time in 13 years, largely due to the rise of AI-related roles. New York has 394,300 tech jobs compared to San Francisco's 375,730, with...
Lanvin Group, a global luxury fashion company, will announce its unaudited financial results for the first half of 2026 on August 26. On the same day, the company will host a conference call and webcast to discuss the results and provide an outlook f...
ZKH Group Limited reported strong Q2 2026 results with an 18.9% year-over-year increase in gross merchandise volume (GMV) to RMB 2.88 billion and a 12.8% rise in net revenues to RMB 2.44 billion. The company achieved operating profitability for the f...
Happy Belly Food Group's Heal Wellness brand is opening a new franchise location in Sylvan Lake, Alberta, marking growth in Alberta's urban and suburban markets. The new store is operated by an existing franchisee expanding into multiple units, refle...
Bitcoin's price surged 4.57% to around $72,500, driven by strong inflows into Bitcoin ETFs totaling $472.2 million in one day and nearly $797 million over the past week. The cryptocurrency broke above the $67,333 resistance and moved past its 200-day...
