Today: 11 June 2026
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NASDAQ:STX 3 March 2026 - 2 June 2026

DRAM-focused ETF’s $13 Billion Run on AI Memory Sets Up Market’s Tightest Chip Trade

DRAM-focused ETF’s $13 Billion Run on AI Memory Sets Up Market’s Tightest Chip Trade

Roundhill Memory ETF (DRAM) drew $553.7 million in new inflows on May 29, pushing assets to $13.36 billion and ranking among the top 10 U.S. ETF daily creations, as investors pile into AI-memory exposure; DRAM traded near $68.09 late Tuesday morning, but faces risks from memory price swings, supply issues, and concentrated bets.
Dow Edges Up, Nasdaq Slips From Highs; Oil Drops

Dow Edges Up, Nasdaq Slips From Highs; Oil Drops

The Dow rose 0.51% while the S&P 500 was nearly flat and the Nasdaq slipped 0.07% late Wednesday morning, after both indexes set records Tuesday. Oil prices fell, lifting cruise and airline stocks but weighing on energy shares. Micron hit $1 trillion in market cap. Goldman Sachs raised its S&P 500 year-end target to 8,000.
Seagate Shares Dip Again as AI Storage Demand Pinches Supply

Seagate Shares Dip Again as AI Storage Demand Pinches Supply

Seagate shares fell 2.3% to $723.81 Tuesday, extending Monday’s 6.87% drop after CEO Dave Mosley warned new factories would take too long to meet surging AI-driven demand for hard drives. Mosley said Seagate is boosting output by upgrading existing plants and technology, not building new facilities. Investors remain concerned about supply shortages despite strong revenue and cash flow.
Seagate Stock Rides AI Storage Boom as STX Rally Faces a Valuation Test

Seagate Stock Rides AI Storage Boom as STX Rally Faces a Valuation Test

Seagate shares closed at $782.64 Friday, near record highs, as investors bet on rising demand for hard drives in AI-driven data storage. The company last reported fiscal Q3 revenue of $3.11 billion and forecast Q4 revenue of $3.45 billion. Morgan Stanley raised its price target to $767, citing strong pricing and earnings. Seagate’s market value stood at $179.2 billion with a P/E ratio near 74.
Micron Stock Gets $740 AI Call as Mizuho Lifts Western Digital, SanDisk Bets

Micron Stock Gets $740 AI Call as Mizuho Lifts Western Digital, SanDisk Bets

Mizuho Securities raised price targets for Micron Technology to $740 and Western Digital to $550, citing surging AI-driven memory demand. Micron shares rose 4.2% premarket to $666.59, Western Digital gained 3.8% to $483.15. Analyst Vijay Rakesh projected Micron HBM revenue to reach $35.7 billion by 2028. Micron began shipping a 245-terabyte SSD for AI and cloud workloads.
Forget Big Tech: Data Storage Stocks Are Becoming AI’s Quiet Market Dark Horse

Forget Big Tech: Data Storage Stocks Are Becoming AI’s Quiet Market Dark Horse

Seagate shares rose 7.9% and Sandisk jumped 8.3% Friday, while Western Digital slipped 0.6%. Sandisk reported Q3 revenue up 251% to $5.95 billion and signed $42 billion in long-term supply deals. Western Digital’s Q3 revenue climbed 45% to $3.34 billion, topping analyst estimates. Seagate forecast Q4 revenue of $3.45 billion, citing AI-driven demand.
QQQ Rises Today as Big Tech Earnings Put the Nasdaq 100 Rally on the Line

QQQ Rises Today as Big Tech Earnings Put the Nasdaq 100 Rally on the Line

The Invesco QQQ Trust closed up $3.99 at $661.57 Wednesday as investors positioned ahead of earnings from Microsoft, Alphabet, Amazon, and Meta. Volume topped 30 million shares. Microsoft and Alphabet reported strong cloud and AI-driven revenue growth after the bell. The broader Nasdaq Composite edged up 0.04%, while the S&P 500 slipped 0.04%.
Western Digital Stock Jumps Before Earnings as AI Storage Demand Gets a Seagate Boost

Western Digital Stock Jumps Before Earnings as AI Storage Demand Gets a Seagate Boost

Western Digital shares rose 9.3% to $427.45 Wednesday after Seagate’s quarterly forecast topped estimates and sent storage stocks higher. Seagate shares jumped 16.6%. Seagate projected fourth-quarter revenue of $3.45 billion and non-GAAP earnings of $5 a share. Western Digital will report fiscal third-quarter results after markets close Thursday.
Best Stocks to Buy Today: 5 Earnings Stocks Wall Street Is Watching Before the Fed Decision

Best Stocks to Buy Today: 5 Earnings Stocks Wall Street Is Watching Before the Fed Decision

Seagate shares jumped 16% in extended trading after forecasting fourth-quarter revenue above estimates and reporting strong third-quarter results. HSBC upgraded U.S. equities to “overweight” following robust earnings, with 84% of reporting companies beating Wall Street forecasts. Bloom Energy raised its 2026 outlook after posting a 130% revenue jump. Coca-Cola lifted its annual profit forecast after beating expectations.
US Stock Market Today After Hours: Nasdaq Hit by AI Worries as Visa, Starbucks and Chip Stocks Jump

US Stock Market Today After Hours: Nasdaq Hit by AI Worries as Visa, Starbucks and Chip Stocks Jump

U.S. stocks fell Tuesday, with the Nasdaq down 0.9% as AI and chip shares sold off ahead of major tech earnings. Oracle dropped 4.1%, Nvidia and AMD lost over 1.6%, and CoreWeave slid 5.8%. After hours, Visa and Starbucks rose on strong results and forecasts. Oil prices climbed, and traders watched the Federal Reserve’s rate decision.
Seagate Stock Jumps As AI Storage Demand Sends Forecast Past Wall Street

Seagate Stock Jumps As AI Storage Demand Sends Forecast Past Wall Street

Seagate forecast fiscal Q4 revenue of $3.45 billion, beating Wall Street’s $3.16 billion estimate. Shares jumped about 10% in after-hours trading after closing down 2.8% at $579.03. Fiscal Q3 revenue reached $3.11 billion, with adjusted earnings of $4.10 per share, both above analyst expectations. The company cited strong demand for hard drives used in AI data centers.
US Stock Market Today: Nasdaq Leads Wall Street Rally as Iran Ceasefire Relief Meets Earnings Momentum

US Stock Market Today: Nasdaq Leads Wall Street Rally as Iran Ceasefire Relief Meets Earnings Momentum

The Nasdaq rose 1.29% as technology and chip stocks led gains after President Trump extended the Iran ceasefire. GE Vernova, Boeing, and Boston Scientific advanced following earnings reports. Oil hovered near $100, with fresh ship seizures in the Strait of Hormuz highlighting ongoing risks. At 11:25 a.m. ET, the Dow was up 381 points, the S&P 500 gained 61 points, and the Nasdaq climbed 314 points.
IBM Stock Gets Citi Buy Call Despite Worst Start Since 2002 as BofA Cuts Target Ahead of Earnings

IBM Stock Gets Citi Buy Call Despite Worst Start Since 2002 as BofA Cuts Target Ahead of Earnings

Sandisk shares jumped 7.2% to $912.82 on Monday after Nasdaq said it will join the Nasdaq-100, replacing Atlassian before April 20. The move follows Sandisk’s return to public markets in February 2025 and comes amid surging demand for AI data storage. The reshuffle takes effect before the April 20 open, with new Nasdaq-100 rules set for May 1.
Stock Market Today: Dow, S&P 500, Nasdaq Rise on Iran Ceasefire Hopes; Oil Above $110, Seagate Surges, Tesla Falls

Stock Market Today: Dow, S&P 500, Nasdaq Rise on Iran Ceasefire Hopes; Oil Above $110, Seagate Surges, Tesla Falls

The Dow rose 165 points Monday as the S&P 500 and Nasdaq marked a fourth consecutive gain. Brent crude settled at $109.77 and WTI at $112.40 amid uncertainty over Iran ceasefire talks. Seagate shares jumped after a Morgan Stanley upgrade, while Tesla fell on delivery and cash-flow concerns. Futures stayed near flat ahead of President Trump’s Tuesday deadline on Iran.
Dow Jones Today: Industrial Average Rises as Iran Ceasefire Hopes Offset Oil and Fed Fears

Dow Jones Today: Industrial Average Rises as Iran Ceasefire Hopes Offset Oil and Fed Fears

The Dow Jones rose 83.20 points to 46,587.48 by midday Monday as hopes for Iran ceasefire talks steadied Wall Street. JPMorgan Chase and Visa led gains, while oil stayed above $110 a barrel and services PMI slipped to 54.0. Iran rejected a ceasefire, and President Trump set a Tuesday deadline to reopen the Strait of Hormuz. Trading was lighter due to holidays in Europe and Asia.
US Stock Market Today: Dow, S&P 500 and Nasdaq Rise as Iran Ceasefire Hopes Clash With Inflation Fears

US Stock Market Today: Dow, S&P 500 and Nasdaq Rise as Iran Ceasefire Hopes Clash With Inflation Fears

U.S. stocks rose Monday, with the Dow up 83 points by midday as reports of new Iran ceasefire talks lifted sentiment. Oil hovered near $111 a barrel amid Middle East tensions and a looming deadline from Trump on Iran. The ISM services PMI fell to 54.0 in March, while payrolls rose 178,000 and unemployment dropped to 4.3%. Wells Fargo and Citigroup delayed expectations for Federal Reserve rate cuts.
Sandisk Stock Pulls Back After Citi Raises Target as 1,200% AI Rally Meets Valuation Test

Sandisk Stock Pulls Back After Citi Raises Target as 1,200% AI Rally Meets Valuation Test

Citi raised Sandisk’s price target to $875 from $750 after Micron’s strong quarterly results, but Sandisk shares fell 4.4% to $738.50 in early Friday trading. Micron, Western Digital, and Seagate also dropped. Sandisk’s stock has surged over 1,200% in the past year, outpacing the average analyst target of $570. Micron reported record revenue and raised its capital spending outlook.
Western Digital stock slides 6% in regular trade as oil spike rattles AI-linked tech, insider sale filing surfaces

Western Digital stock slides 6% in regular trade as oil spike rattles AI-linked tech, insider sale filing surfaces

Western Digital shares fell about 6% to $253.68 Tuesday, leading declines in data storage stocks as oil prices surged and Wall Street indexes dropped over 2%. A Form 144 filing showed a proposed sale of 6,000 Western Digital shares tied to a trust. Micron, Seagate, and Sandisk also traded sharply lower. Oil jumped 8% amid rising tensions in the Middle East, fueling inflation concerns.
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Stock Market Today

  • Is Disney (DIS) Undervalued After Recent Share Price Decline?
    June 10, 2026, 7:13 PM EDT. Walt Disney's (DIS) share price recently closed at $98.61, down 0.8% over the past week and 16.6% over the last year, reflecting market reassessment amid ongoing business restructuring in streaming, parks, and content. A Discounted Cash Flow (DCF) analysis estimates Disney's intrinsic value at $111.53 per share, suggesting the stock is undervalued by approximately 11.6%. Disney's free cash flow is projected to grow from $8.53 billion to $14.15 billion by 2030. Despite recent price weakness, Simply Wall St assigns a valuation score of 5 out of 6, indicating potential value. Investors should weigh these projections against market risks and potential rewards as Disney continues its strategic transformation.

Latest articles

Social Security 2032 Cut Edges Closer With Trustees Warning of 22% Drop

Social Security 2032 Cut Edges Closer With Trustees Warning of 22% Drop

11 June 2026
Social Security’s retirement and survivor fund is now projected to run out in late 2032, a quarter earlier than last year, forcing a 22% cut in benefits unless Congress acts, as lower birth rates, reduced immigration, and 2025 tax law changes drive a faster depletion of reserves, according to trustees.
Navan Shares Rally, Pushing NAVN Close to IPO Mark on Upbeat Outlook

Navan Shares Rally, Pushing NAVN Close to IPO Mark on Upbeat Outlook

11 June 2026
Navan shares surged over 18% after hours as the company raised its fiscal 2027 revenue growth outlook to 30% from 24%, following a 40% revenue jump to $220.2 million and a 50% surge in gross booking volume to $3.1 billion, beating Wall Street estimates and fueled by strong enterprise travel demand and AI-driven tools.
Intel Drops as Chip Selloff Hits Shares Despite Google AI Bid Hopes

Intel Drops as Chip Selloff Hits Shares Despite Google AI Bid Hopes

11 June 2026
Intel shares fell 0.8% to $107.04 as the stock’s main catalyst—a reported Google order for over 3 million Intel-made TPUs for 2028—remains unconfirmed, while the Philadelphia Semiconductor Index plunged 3.6% and tech stocks entered correction territory, highlighting investor focus on external foundry demand amid sector-wide profit-taking and supply chain concerns.
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