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NASDAQ:MU 30 May 2026 - 7 June 2026

Micron Stock Plunge Sets Up a Big Monday Test for the AI Memory Trade

Micron Stock Plunge Sets Up a Big Monday Test for the AI Memory Trade

Micron Technology heads into the new week with its AI-memory trade badly dented. The shares closed at $864.01 on Friday, down 13.3%, after peaking at $1,089.29 on Wednesday; because U.S. equity trading is paused for the weekend, that Friday close is the latest market marker. This matters now because Micron no longer trades like a plain cyclical bet on commodity memory. Reuters reported last week that high-bandwidth memory, or HBM — stacked memory used alongside AI processors so data can move faster — has pulled Micron into specialized, longer-term deals, including parts tied to Nvidia’s coming Vera Rubin platform.
AI Selloff Cuts $1.3 Trillion, Goldman Says Room Left in Trade

AI Selloff Cuts $1.3 Trillion, Goldman Says Room Left in Trade

Tech stocks slumped Friday, cutting roughly $1.3 trillion from U.S. chipmakers and snapping the S&P 500’s nine-week streak. The rout struck at the core artificial intelligence trade of 2026. Still, Goldman Sachs and Barclays called the drop a stress test, saying it may not be a lasting trend shift. Jobs numbers came in better, with the Fed set to meet in less than two weeks and AI stocks pulling in fast money. Kevin Warsh, who took over as Fed chair on May 22, is heading the Fed's June 16-17 policy meeting, according to the Fed calendar.
Micron Drops 13% as Chip Selloff Hits $1.3 Trillion Shakeout

Micron Drops 13% as Chip Selloff Hits $1.3 Trillion Shakeout

Micron Technology fell about 13% on Friday, closing at $864.01. The memory-chip maker got caught in a sweeping semiconductor rout that wiped out around $1.3 trillion from U.S. chip stocks. Reuters said Micron lost about $150 billion in market value. Micron shares dropped, a move that caught attention since the stock is now a high-beta play on artificial-intelligence memory demand. High-bandwidth memory, or HBM, is stacked and fast and sits next to AI processors to speed up data movement—it's been key for Micron as data-center spending picks up.
VIX Up 40% After AI Stocks Slip, Jobs Report Shakes Wall St

VIX Up 40% After AI Stocks Slip, Jobs Report Shakes Wall St

Wall Street’s fear gauge surged almost 40% Friday after tech stocks tumbled, dragging the Nasdaq down 4.2% and the S&P 500 off 2.6%. A strong U.S. jobs report flipped sentiment to worries over rates. The Cboe Volatility Index, or VIX, which tracks the expected S&P 500 swings based on options, jumped to 21.51. It finished Thursday at 15.40. Jobs data didn’t move markets lower. The U.S. Bureau of Labor Statistics reported nonfarm payrolls rose 172,000 in May, with the unemployment rate steady at 4.3%. Leisure and hospitality, local government, and health care jobs increased. Financial activities lost jobs.
Dow closes as strong jobs numbers snap string of records

Dow closes as strong jobs numbers snap string of records

Dow drops hard after the close Friday, pulling back from Thursday’s record as a strong U.S. jobs number sent Treasury yields up and chip stocks sold off across Wall Street. Near the close, the Dow was near 50,880, off about 1.3%. S&P 500 lost about 2.5%, Nasdaq dropped almost 4%. The move drew attention because it followed less than a day after the blue-chip average set a record close. The Dow tracks 30 big U.S. companies and is price-weighted, so higher-priced stocks have more impact on the average than the largest companies by market cap. That makes single-stock swings matter more to the Dow compared with a market-cap weighted index like the S&P 500.
Nasdaq Falls After Unexpected Late Jobs Data

Nasdaq Falls After Unexpected Late Jobs Data

Stocks fell sharply Friday, pulled down by weakness in chipmakers. A strong jobs report pushed investors to bet the Fed will hang on to higher rates. The Dow Jones Industrial Average sank 439.25 points, or 0.85%, closing at 51,122.68. The S&P 500 dropped 138.07 points, or 1.82%, to 7,446.24. The Nasdaq Composite was down 823.61 points, or 3.07%, at 26,007.35. Jobs numbers shook trading. The Labor Department said nonfarm payrolls were up by 172,000 in May while jobless rate stayed at 4.3%. Gains came from leisure and hospitality, local government, and health care. Financial activities lost jobs.
SOXL Up 433% This Year But Stalls as Chip Stocks Drop

SOXL Up 433% This Year But Stalls as Chip Stocks Drop

Direxion Daily Semiconductor Bull 3X Shares dropped 14.6% to $224.36 Friday morning, snapping a strong run for the leveraged chip ETF this year. The unleveraged funds also moved lower—iShares Semiconductor ETF slid 4.9%, VanEck Semiconductor ETF gave up 4.6%. The bearish 3x Direxion Semiconductor ETF gained about 14.8%. SOXL grabbing attention now as it was seen as a go-to play for risk-on bets in AI chips. Direxion numbers showed SOXL up 433.76% for the year and 1,291.60% over twelve months through June 4, before losses on Friday pushed traders to rethink the leverage moves.
Micron shares tumble as $94 billion loss hits AI memory trade

Micron shares tumble as $94 billion loss hits AI memory trade

Micron Technology slipped again in Friday’s premarket after a rough session. The memory-chip name, one of the top plays in the artificial-intelligence rally, slumped sharply Thursday. The last available price for Micron was $996, off about $81 from the previous close. MarketWatch, quoting Dow Jones Market Data, reported the 7.7% drop took $94.24 billion in value off the stock. June 5 is a regular trading day for Nasdaq, with no holiday closure listed for 2026. When this was published, the market was in its premarket hours. The Nasdaq opens at 9:30 a.m. ET and closes at 4:00 p.m. ET.
Dow climbs as top AI stocks pause

Dow climbs as top AI stocks pause

Dow ticks up on healthcare and banks, but the Nasdaq is weaker with AI chip stocks sliding in late-morning trade Thursday. U.S. stock indexes were mixed. Stocks were mixed just after 11 a.m. in New York, with the Dow Jones Industrial Average ahead by 1.57% at 51,481.46 and the S&P 500 adding 0.08% to 7,559.93. The Nasdaq Composite slipped 0.47% to 26,727.74. The tech-heavy Nasdaq 100 dropped 0.90%, pointing to weakness in tech shares, according to Investing.com data.
Micron Drops as AI Memory Stocks Take a Hit

Micron Drops as AI Memory Stocks Take a Hit

Micron Technology dropped 8.3% to $989.46 at the open on Nasdaq Thursday, part of a larger chip-stock slide that sent the iShares Semiconductor ETF down 5.0% and the QQQ off 1.3%. Despite the selloff, Micron still held a market cap close to $1.13 trillion, a sign of just how far the AI memory rally went before buyers stepped back. Micron is now seen by Wall Street as a clear play on tight supply for memory chips in artificial-intelligence servers. High-bandwidth memory, or HBM, sits near AI processors and offers fast data speeds. DRAM acts as working memory for servers and computers. NAND flash handles data storage in phones, SSDs, and a range of other gadgets.
Sandisk Stock Warning: The $1,150 SNDK Offer Investors Are Being Told to Reject

SanDisk’s Rally Pauses as AI Chip Names Hit Resistance

SanDisk shares slipped in premarket trading Thursday after hitting a record close, as selling in AI chip stocks hit one of Wall Street's busiest trades. The stock fell 5.7% to $1,727.22 in premarket trade at 7:04 a.m. Eastern, after closing Wednesday at $1,831.50. Shares had gained 6.7% in the previous session and touched $1,861.00. The stock is still up around 672% for the year.
Micron Shares Cross $1,000 as AI Memory Squeeze Catches Market’s Eye

Micron Shares Cross $1,000 as AI Memory Squeeze Catches Market’s Eye

Micron Technology was near $1,064 in premarket trading before the Nasdaq opened on Wednesday, keeping up gains that have made the company a key equity play tied to the AI push. This was during a normal U.S. trading day. Nasdaq runs its premarket session before the main open at 9:30 a.m. Eastern. The next full market holiday is June 19 for Juneteenth, according to its June 2026 schedule. The timing comes down to cost. AI servers need high-bandwidth memory, or HBM, stacked memory chips that run close to processors and move a lot of data fast. Right now, demand is outpacing what suppliers can deliver.
Micron Clears $1,000 Mark as Wall Street Moves

Micron Clears $1,000 Mark as Wall Street Moves

Micron Technology stock stayed above $1,000 in early trading Tuesday, keeping up a surge that has put the memory-chip company among the top AI plays on Wall Street. Shares last traded at $1,035.50, putting the company’s market cap near $1.18 trillion. That follows Micron’s finish above $1,000 for the first time. AI demand is moving past Nvidia’s chips and into memory, making the sector matter now. High-bandwidth memory is stacked to move data fast across AI chips, while DRAM runs as the main memory in PCs and servers. “Micron sits at the center of it,” Art Hogan, chief market strategist at B. Riley Wealth, told Reuters.
2 June 2026
Stocks Hit Records as Oil Stirs Worry

Stocks Hit Records as Oil Stirs Worry

Stocks in the U.S. finished up Monday, with the S&P 500 and Nasdaq close to new highs. Nvidia led tech shares higher, but gains were capped as higher oil prices pressured the rest of the market. S&P 500 rose 0.43% to 7,612.53, Nasdaq Composite gained 0.68% to 27,155.09 and the Dow Jones Industrial Average edged up 0.11% to 51,089.09, according to latest LSEG data published by Reuters. Brent crude moved up 4.25% to $94.99. The 10-year Treasury yield was at 4.469%.
Dow Falls as Nvidia Gains; AI Trade Goes Up Against Rising Oil

Dow Falls as Nvidia Gains; AI Trade Goes Up Against Rising Oil

Stocks were mixed late Monday, with the Dow in the red and the S&P 500 flat. Gains in artificial intelligence names managed to offset some of the pressure from oil, which climbed after new Middle East worries. Dow slips, Nasdaq inches up; 15-minute delay on LSEG data LSEG data from Reuters showed the Dow Jones Industrial Average dropped 111.70 points, or 0.22%, to 50,920.76. The S&P 500 held near flat at 7,580.01. The Nasdaq Composite ticked up 0.01% to 26,975.24. The figures were delayed by at least 15 minutes.
Micron stock slides before the bell as S&P 100 move and earnings loom

Micron’s $1 Trillion AI Push Puts Pressure on Samsung

Micron Technology traded at $971 ahead of Monday’s U.S. open, as the Nasdaq name continued to ride the AI boom with a market cap around $1.11 trillion. Regular Nasdaq trading runs 9:30 a.m. to 4 p.m. ET. Nasdaq’s holiday schedule for 2026 doesn’t list June 1 as a market holiday. Micron’s rally has caught attention as investors are starting to treat the stock less like a typical memory cycle play. Now it’s become a way to get exposure to AI server demand, as high-bandwidth memory, or HBM — the stacked chips key for AI processors — is in tight supply.
Micron Technology Stock Surges as AI Memory Shortage Puts MU at Center of Chip Rally

Micron Hits $1 Trillion Valuation Ahead of Volatile Week

Micron Technology’s market cap is now above $1 trillion, and its stock hit an all-time high after AI demand fueled one of the best weeks this year for the memory-chip maker during a four-day trading week. U.S. stock markets stayed closed Sunday. The previous week was also shorter because of the Memorial Day holiday on May 25. Standard Nasdaq hours are 9:30 a.m. to 4 p.m. Eastern, Monday through Friday.
Micron’s $1 Trillion Rally Nears 10% Hurdle Next Week

Micron’s $1 Trillion Rally Nears 10% Hurdle Next Week

Micron Technology closed the week with a market cap over $1 trillion, shifting from its old role as a cyclical memory-chip play to a top pick for investors betting on AI data centers. Shares last changed hands at $971, putting its value near $1.11 trillion. The timing is key as investors look past just processor stocks like Nvidia and start moving into memory chip names that handle the high-speed data needs of AI. Micron is in focus too, since options markets are pricing in a move of almost 10% next week after the stock’s record rally.
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Stock Market Today

  • Satsuma Technology PLC Stresses 'Vote Against' Stance on Capital Return, Delisting Plan
    July 3, 2026, 8:30 AM EDT. Satsuma Technology PLC (SATS) told shareholders to vote against the plan to return capital and delist from the London Stock Exchange. The board moved to clear up confusion after a circular sent on June 24, 2026. Directors said the outcome will depend on where Bitcoin is trading at the time the company sells assets and if the court signs off. Updated payout figures now use a lower Bitcoin price-$59,923 instead of $64,255-and add in £3 million of estimated extra cash. Satsuma said it will stick to cash discipline and send monthly updates. The board flagged ongoing volatility and unknown termination costs that could hit the final amount returned.
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