US Stock Market After Bell: Dow Drops About 1,150 Points After Fed Hold
U.S. stocks closed sharply lower Wednesday after a late selloff erased a brief post-Fed rally. The Dow lost about 1,152 points. Technology shares also retreated.
S&P 500, Nasdaq, Dow decline; oil rally intensifies AI slide ahead of Fed
U.S. cash markets traded sharply lower on Wednesday, with the S&P 500 down 0.7% as of 10:30 a.m. The Dow declined 1.4%, and the Nasdaq slipped 1%.
KLA Corporation (NASDAQ:KLAC) drops 8.7% premarket with cash conversion trailing despite record sales
KLA shares continued to drop ahead of Wednesday’s U.S. trading session, falling 8.7% in premarket activity to $174.25. The stock was set for a two-day loss of 14.3% from Monday’s closing price.
KLA (NASDAQ:KLAC) shares fall after cash flow fails to keep pace with AI-driven revenue increase
NEW YORK, July 28, 2026, 16:58 EDT - Shares in KLA declined as the company's cash flow came in below expectations despite higher sales supported by artificial intelligence demand.
KLA Gets $270 Price Target—TSMC Seen as Key for Stock
KLA Corporation finished Friday at $231.52, up 0.9% on the day. Stifel kept its Buy rating, sticking with a $270 target. Even so, the stock closed 1.7% under its July 2 finish and is 23.3% below its June 30 level. That's a steeper drop than other big U.S. chip-equipment names.
Citi raises price target for Applied Materials on AI chip gear demand; stock rises
Applied Materials stock jumped Wednesday, with the chip-equipment maker rising after Citi lifted its price target. Investors also bought into firms linked to AI chip spending. Shares recently traded 6.7% higher at $606.53. The iShares Semiconductor ETF was up 3.3%.
KLA Jumps After 10-for-1 Stock Split; AI Chip Boom Lifts Hopes on Tools
KLA Corporation finished Friday at $254.54, gaining 5.55%. Shares started at $237.60 and hit a session high of $254.93. The stock, which is in the Nasdaq-100 and S&P 500, has surged about 19% in two days after its split adjustment. The rally comes as investors reprice chip-equipment makers linked to AI demand. Stocks go up when buyers pay more for future earnings, cash flow or growth, and fall when those expectations drop or valuations get too high.
KLA Drops After Hitting Record Ahead of 10-for-1 Split
KLA Corp. wrapped up the Memorial Day-shortened week in the green, despite fading late. The chip-equipment maker’s shares slipped 0.31% Friday to $1,921.71, but that marked a gain of about 1.8% for the week. The stock finished about 6.7% below its 52-week high set Wednesday at $2,060.08.
Applied Materials (AMAT) Faces Fresh China Shock After U.S. Targets Hua Hong Shipments
The U.S. Commerce Department has told several chip equipment makers, including Applied Materials, to stop sending specific tools to China’s Hua Hong, Reuters said, tightening restrictions on Beijing’s advanced chip ambitions. Lam Research and KLA are also believed to be on the list of recipients, according to people familiar. Applied didn’t immediately respond when Reuters asked for comment.
Applied Materials Stock Falls as U.S. Curbs Put China Chip-Tool Sales Back in Focus
Shares of Applied Materials dropped Tuesday, following a Reuters report that the U.S. Commerce Department last week ordered certain chip equipment makers to stop sending some tools to Hua Hong, China’s No. 2 chip producer. Lam Research, Applied Materials, and KLA were thought to be among the firms that got letters, Reuters said, citing sources familiar with the situation.
KLA Corporation stock rises as Barclays lifts chip-equipment outlook ahead of investor day
KLA shares rose on Tuesday after Barclays sharply lifted its forecast for spending on chipmaking equipment, arguing that demand tied to artificial intelligence data centers still had room to run. The note landed two days before KLA's investor day on Thursday, when management is due to lay out longer-term targets and market plans.
Semiconductor stocks: Applied Materials jump steadies chip gear names as Nvidia slips into holiday week
Applied Materials’ bullish forecast sent chip-equipment names sharply higher Friday, offering semiconductor stocks some traction before the shortened week. Still, the sector stayed mixed—Nvidia and Broadcom both closed out the week in the red.
KLA stock in focus: KLAC heads into holiday week after $400 million India R&D pact
KLA Corp ended Friday up 0.92%, closing at $1,464.13. Shares moved between $1,435.01 and $1,494.47 during the session, according to company figures. The gain followed news that the chip-tool manufacturer inked a deal with India’s Tamil Nadu state to set up a major R&D and innovation campus in Chennai.
Chip stocks brace for holiday week: Applied Materials surges, Nvidia slides — what to watch next
Applied Materials surprised with a bullish forecast, offering a rare win for U.S. semiconductor names after a turbulent stretch. The chip equipment giant projected second-quarter revenue near $7.65 billion, give or take $500 million, and adjusted earnings of $2.64 a share, plus or minus 20 cents—both clearing Wall Street’s bar. The stock at one point soared more than 10% Friday. Competitors Lam Research and KLA moved higher as well. At least 22 analysts lifted price targets on Applied after the numbers came through. CEO Gary Dickerson credited “the acceleration of industry investments in AI computing” for the jump. Morningstar’s William Kerwin described the moment as “a massive wafer fabrication equipment growth cycle,” pointing to tight supply for high-bandwidth memory chips feeding AI processors.
KLA (KLAC) stock slips as chip-tool shares cool — traders eye late-session catalysts
KLA Corp slipped 1.1% to $1,463.28 Thursday afternoon, losing ground after Wednesday’s bounce. Chip-equipment stocks moved lower as tech broadly declined.
KLA stock price dips: KLAC slips as investors size up India R&D hub push and chip-tool outlook
KLA Corp dropped roughly 0.6% to $1,431 late Tuesday morning. The stock moved in a wide band earlier, hitting lows of $1,412 and topping out at $1,450.
KLA stock slips after-hours after a quiet close — here’s what KLAC traders watch next
KLA Corp finished Monday up 0.3% at $1,446.76. Shares slipped to about $1,440 after hours, off nearly 0.5%.
KLA stock pauses near $1,440 as chip stocks rebound and a dividend date looms
KLA Corp slid 0.2% to $1,439.93 by midday Monday, with the stock swinging from $1,415.31 up to $1,458.06 during the session.
KLA stock price jumps 8% as chip rebound lifts KLAC — what to know before Monday
KLA Corp surged 8.4% to close at $1,442.95 on Friday, leading gains among chip-equipment makers. Shares ranged from around $1,340 to $1,449 during the session, with volume hitting about 1.6 million.
KLA stock jumps 8% on Friday rebound as chip gear rallies; dividend set for March
KLA Corp finished Friday up 8.4%, closing at $1,442.95. The stock bounced around, trading between $1,340.02 and $1,449.00 over the session.
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