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NASDAQ:SNDK 2 July 2026 - 19 July 2026

Sandisk $41.6 bln in contracts now up against buyer-hedge test

Sandisk $41.6 bln in contracts now up against buyer-hedge test

Sandisk Corporation shares fell 12.4% in early U.S. trading Wednesday as traders weighed a new challenge to the storage firm’s efforts to manage memory cycles. CoreWeave, Inc., which locked in a long-term supply deal with Sandisk, is looking at ways to hedge against a possible drop in chip prices, according to a source cited by Reuters. The person said discussions are at an early stage and there’s no trade yet.
AI stocks signal memory premium starting to fade

AI stocks signal memory premium starting to fade

AI stocks ended Monday in the red, though losses varied across the sector. A group of three memory and storage plays tied to AI dropped 7.2%, nearly double the 3.7% loss for a set of four compute and foundry names. The split points to investors shortening their view on how long shortage-fueled gains can last, despite healthy order books and continued spend on infrastructure.
Semiconductor Stocks Drop as Korea’s $576 Billion Plan Rattles AI Supply Outlook

Semiconductor Stocks Drop as Korea’s $576 Billion Plan Rattles AI Supply Outlook

U.S. chip stocks dropped hard Monday, with the Philadelphia semiconductor index sliding 3.6% in late-morning deals as Micron Technology, Sandisk, and SK Hynix paced the losses. Oil prices moved higher on renewed U.S.-Iran fighting, spurring a wider risk-off move. “The conflict is testing whether the stock market’s broad-based growth can hold,” said Alex Guiliano, chief investment officer at Resonate Wealth Partners.
Iran Oil Jolt Reveals 24% Spread on SK Hynix’s AI Bet

Iran Oil Jolt Reveals 24% Spread on SK Hynix’s AI Bet

U.S.-Iran tensions pushed oil prices much higher on Monday and dragged Nasdaq futures down about 1%. But the bigger move came from SK Hynix after a price gap showed up. Its ADRs, which let U.S. investors trade foreign shares, were indicated 9.2% lower at $152.50. Even with that slide, the ADRs still traded about 24% above the Seoul shares, based on a simple calculation.
Sandisk premarket gains don’t close $29 bln gap after memory selloff

Sandisk premarket gains don’t close $29 bln gap after memory selloff

Sandisk Corporation ticked higher in premarket trading Monday, but shares still sat well below last week’s levels. The stock finished at $1,745.00 on July 2, a drop of 14.13%. In premarket, Google Finance was showing it at $1,838.00, up 5.33%. U.S. equity markets had not started the regular session yet. NYSE core hours are 9:30 a.m. to 4:00 p.m. ET, and July 3 was closed for Independence Day.
Nasdaq under pressure with chip names lower; futures drift before jobs data

Dow hits another high but chip names slip as markets eye Fed minutes

U.S. stock markets did not hold regular trading hours Friday since the July 4 holiday was observed early this year, with Independence Day landing on Saturday. That made Thursday’s close the final full price for U.S. stocks ahead of the long weekend. On normal days, NYSE’s core session runs from 9:30 a.m. to 4:00 p.m. Eastern, with Nasdaq following the same hours.
Dow up but AI-chip slide hits Nasdaq after jobs report

US stock futures set for gains ahead of July 4; chip selloff masks broader move

U.S. stock investors go into the long weekend without the usual premarket session, as exchanges stay closed for Independence Day observed. The last read on futures had buyers stepping in after a weaker jobs report eased worries about a Fed rate hike soon. U.S. stock and bond markets are shut Friday and regular trading starts back up Monday, July 6.
Dow up but AI-chip slide hits Nasdaq after jobs report

Dow at a record but chip shares split in US after-hours trading before July 4 break

Dow closed at a record while AI names slid as U.S. stocks finished the session before the July 4 break. Volume and market breadth told the story—U.S. exchange volume reached 19.92 billion shares, which is about 14.7% under the 20-day average. The Dow picked up 594.83 points as the Philadelphia semiconductor index dropped 5.4%.
Nasdaq under pressure with chip names lower; futures drift before jobs data

Nasdaq under pressure with chip names lower; futures drift before jobs data

U.S. stock-index futures pointed to a mixed start Thursday. Dow and Russell 2000 futures edged up in early New York trading, but Nasdaq 100 futures slipped. Traders are watching for a jobs report that could shift rate hike bets ahead of a three-day break. Nasdaq’s premarket goes from 4:00 a.m. to 9:30 a.m. ET, and the regular session opens at 9:30 a.m. and ends at 4:00 p.m. ET.
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