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EPA:MAAT 26 June 2026

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  • Micron Shares Slide 5.4% Amid Peak Memory Market Concerns
    June 26, 2026, 9:13 AM EDT. Micron Technology's shares fell 5.4% in premarket trading on June 26, 2026, following a 15.7% surge the previous day. Despite strong fiscal Q3 results with $41.46 billion in revenue and $25.11 in non-GAAP EPS, traders questioned peak-memory market prospects. The stock traded at 9.3 times its fiscal Q4 EPS guidance of $31, a relatively low multiple for a chip giant amid uncertainties over contract price ceilings. Micron holds $100 billion in minimum-price revenue contracts with strategic customers, but price caps could restrict share gains if memory prices continue rising. CEO Sanjay Mehrotra noted no clear outlook on memory supply-demand balance. Nasdaq 100 futures also declined 1.25%, reflecting broader market caution.

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SoFi (NASDAQ:SOFI) holds near $17 as AI trading faces Russell volume test

SoFi (NASDAQ:SOFI) holds near $17 as AI trading faces Russell volume test

26 June 2026
SoFi shares hovered near $17.30 premarket, about 47% below last year’s high, as investors shrugged off this week’s AI investing platform launch and focused on Friday’s Russell index reconstitution, which could drive major trading volume and volatility, with $12.2 trillion tracking FTSE Russell indexes and nearly $150 billion in trades expected during the reshuffle, according to Reuters and lseg.com.
Micron shares slip as traders question peak-memory outlook

Micron shares slip as traders question peak-memory outlook

26 June 2026
Micron plunged 5.4% premarket after a record 15.7% rally, as investors weighed its low 9.3x forward earnings multiple and $100 billion in strategic customer deals with price ceilings that could cap upside if chip prices keep rising; fiscal Q4 revenue guidance hit $50 billion, but analysts split on whether contract limits restrict future gains.
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