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.

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.
Dow Jones today (INDEXDJX:.DJI): blue chips slip below 52,000 on late slide

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

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%.
Micron, Qualcomm move up while Apple, Nvidia slide in mixed AI trade

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.
Sandisk Corporation (NASDAQ: SNDK) Has One Thing Bulls Wanted: Apple Just Flinched

Sandisk Corporation (NASDAQ: SNDK) Has One Thing Bulls Wanted: Apple Just Flinched

Sandisk Corporation is moving again before Monday’s open: Google Finance showed the stock at $2,263.89 in premarket trading, up $79.14, or 3.62%, after the latest regular-session close of $2,184.75, up $225.95, or 11.54%. The immediate reason is not a new Sandisk announcement. It is Apple: CEO Tim Cook’s acknowledgement that memory-driven price increases are “unavoidable” has turned a supplier squeeze into visible pricing pressure at one of the world’s largest hardware buyers.
Premarket stalls for NYSEARCA: SPY, NASDAQ: QQQ slips as AI trade cools, oil drop doesn’t move futures

Premarket stalls for NYSEARCA: SPY, NASDAQ: QQQ slips as AI trade cools, oil drop doesn’t move futures

U.S. stock futures edged lower early Monday, with SPDR S&P 500 ETF Trust and Invesco QQQ Trust set for a cautious start. September E-mini S&P 500 futures showed 7,556.25, down 14.50 points or 0.19%, while E-mini Nasdaq-100 futures posted 30,647.00, off 72.75 points or 0.24%. Dow E-minis were off 49 points, or 0.09% earlier, according to Reuters. Traders are weighing oil price relief from U.S.-Iran talks against higher Treasury yields and a PCE inflation reading due Thursday.
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