AI stocks eye $41 billion tech-fund shift as memory costs hit
AI stocks finished the week mixed. Demand numbers were solid, but share prices lagged.
IPO calendar eyes Bending Spoons as shortened week thins deal pipeline
IPO activity slows this week as U.S. equity desks face a slim calendar. Just five deals are lined up. Software buyer Bending Spoons is set to bring most of the money, with about $1.57 billion of the expected $2.56 billion total, using midpoint numbers from Renaissance Capital’s calendar. NYSE is closed Friday, July 3, for the Independence Day holiday.
Micron (NASDAQ:MU) changes S&P 500 earnings math as terms on memory cash move draw questions
Micron Technology topped forecasts this week. The company’s results shifted the S&P 500 earnings picture before the bulk of Q2 numbers were out.
US stocks: After-hours chips slump overshadows gains ahead of jobs data
U.S. stocks finished Friday with the S&P 500 down 0.05% at 7,354.02, Nasdaq off 0.24% to 25,297.62, and the Dow lower by 0.09% at 51,876.11. The Russell 2000 added 0.1% Friday and booked a 1% gain for the week. Index losses looked modest under the surface.
Dow turns up for week as tech slide stops Dow at 52,000 again
U.S. stocks traded during a standard session Friday, landing between the Juneteenth break on June 19 and the July 3 Independence Day holiday. The NYSE ended with its closing auction at 4 p.m. ET, as usual.
Tech fund outflows hit US stocks after hours as AI trade momentum cools
U.S. stocks closed a bit down Friday, but the story was in tech funds. Outflows sped up, overshadowing the index’s modest drop.
Dow trades stable close to 52,000; Alphabet change stirs talk on price weighting
Dow finishes the morning close to unchanged in Friday trading, as the index’s price-weighted math drew fresh attention. U.S. stocks are open for the regular NYSE session from 9:30 a.m. to 4:00 p.m. ET. NYSE’s 2026 holiday calendar does not include a closure for June 26.
US stocks: Wall Street splits as chips drop but megacap platforms hold indexes
Wall Street stocks held near the flat line late Friday morning, with weaker action out of the gate. Underneath, AI names saw a wide divergence. The S&P 500 slipped 0.03% to 7,355.65, Reuters/LSEG data showed. The Nasdaq Composite lost 0.26% to 25,293.70. The Dow Jones Industrial Average edged down 0.01% to 51,914.82. All data delayed at least 15 minutes.
Micron shares slip as traders question peak-memory outlook
Micron Technology, Inc. fell in premarket trading Friday. Shares pulled back from a record run. The company gave profit guidance, but shares still traded at under 10 times annualized profit for the next quarter.
US futures edge lower ahead of Russell index reshuffle as chip stocks see selling
U.S. stock index futures slipped Friday, giving up ground as chip names pulled back after Thursday’s Micron-driven rally. Investors are waiting for the close, with Russell index rebalancing expected to force funds to adjust positions, which may provide a clearer read on the session.
Oil dip does little for Korea AI stocks stuck with chip cost pressure
South Korea's AI stocks fell Friday despite some relief in oil prices. Investors faced a split market with lower energy costs but higher memory prices.
Dow Jones today (INDEXDJX:.DJI): blue chips slip below 52,000 on late slide
Dow Jones Industrial Average picked up 71.72 points, or 0.14%, on Thursday, finishing at 51,920.62. That was well off its best level of the day, after hitting a 52-week high of 52,655.66. The S&P 500 edged down 0.70 point, less than 0.01%, to 7,357.52. Nasdaq Composite dropped 118.03 points, or 0.46%, ending at 25,358.60.
US stocks mixed, Micron AI memory rally can’t lift Nasdaq
Nasdaq slips as AI trade splits chip makers and buyers; SanDisk jumps 22% The Nasdaq Composite ended Thursday down 0.46%, giving up 118.03 points to finish at 25,358.60. The Dow Jones Industrial Average managed a 71.72-point gain, or 0.14%, to close at 51,920.62, while the S&P 500 was flat, down just 0.73 point at 7,357.49. Memory-chip stocks ran higher, but the broader tech index still fell as some companies raised prices for hard-to-find AI parts and others paid up. SanDisk Corp soared 22.0%, Micron Technology Inc climbed 15.7%, and Applied Materials Inc rose 13.4%. Apple Inc lost 6.1%, and Dell Technologies Inc dropped 5.8%.
Super Micro Computer (NASDAQ:SMCI) pares back as AI push faces $7B dilution hit
Super Micro Computer, Inc. slipped 1.1% to $32.10 Thursday afternoon. Shares opened at $33.34, then traded as high as $33.70 before falling to $31.42. The intraday range was roughly 7% from Wednesday's finish. Market cap was around $22.2 billion.
Micron, Qualcomm move up while Apple, Nvidia slide in mixed AI trade
U.S. cash markets traded Thursday during normal hours on the New York Stock Exchange, from 9:30 a.m. to 4:00 p.m. ET. It wasn’t just AI stocks bouncing. Some investors picked up shares in chipmakers with limited memory supply, dumping others with higher AI expenses or steeper input costs.
Dow Jones (INDEXDJX:.DJI) spikes 700 points as price-weighted stocks outpace tech slide
Dow jumps more than 700 points as industrials and banks surge, Nasdaq lagsLate Thursday morning, the Dow rallied 763.79 points to 52,612.69 as tracked by MarketWatch/FactSet. The move left the S&P 500 up 29.46 points. But the Nasdaq fell 86.98 points, weighed down by Apple, Microsoft Corp., Nvidia Corp. and Amazon.com Inc..
US stocks now: Broad gains balance $416 billion drop in megacap tech
Stocks edged up in mixed trading Thursday. Dow and small caps caught a bid, but heavy selling hit some of the biggest tech names as the latest AI supply-chain headlines split the market. Fresh news on AI hardware and components turned up new winners and losers, dividing the day’s action.
Sandisk Move Impacts Micron Rally and Nasdaq-100 ETF Math
Sandisk Corporation spiked before the bell Thursday after Micron Technology reported earnings that shook up the memory trade. Index investors saw a clearer move in QQQ: Sandisk isn’t only a storage play with volatile price action anymore. It’s now a Nasdaq-100 stock with enough heft to drive passive flows.
Nasdaq futures edge up as AI chip stocks try to recover ahead of PCE data
Stock index futures in the U.S. traded higher ahead of Thursday’s open, though gains were limited. The gap between Nasdaq and Dow stands near two percentage points. AI chip names are drawing demand again, but industrials and small caps are nearly unchanged.
Micron headed for $200 billion jump before the bell on AI memory deals
Micron Technology, Inc. traded 16.7% higher at $1,224.01 in premarket action Thursday. If the price sticks, about $198 billion gets added to its equity value based on Google Finance’s count of 1.13 billion shares. That’s nearly double the $100 billion in minimum-price remaining performance obligations linked to strategic customer agreements that were signed or finished after the last quarter.