Micron Technology (NASDAQ:MU) Recovers 7% Loss Following Upgraded Earnings Projections
Micron Technology, Inc. was last seen at $897 by 12:52 EDT, gaining 0.4%. The stock began the session 5.6% weaker, hitting a low of $827.83, down 7.3%.
US Stocks Open: AI Earnings Reset Erases $68 Billion from Four Firms’ Value
U.S. stocks ended mixed on Thursday, with chip manufacturers rebounding as software and data storage stocks posted significant earnings declines.
Western Digital (NASDAQ:WDC) drops 15% as margin forecast challenges AI-storage gains
Shares of Western Digital Corporation dropped roughly 15% in premarket trading on Thursday. Despite reporting robust quarterly earnings and issuing an outlook that surpassed analyst expectations, the company could not meet high investor demands.
Nasdaq Futures Drop in Early Trading as AI Leaders Face Tougher Earnings Hurdles
NEW YORK, August 6, 2026, 09:02 EDT - U.S. stock index futures turned lower on Wednesday, with Nasdaq futures under the most pressure as some top artificial intelligence stocks confronted stronger earnings expectations.
Western Digital (NASDAQ:WDC) Shares Slide 10% After Earnings Beat, as Valuation Expectations Remain Elevated
Western Digital stock fell even after the company reported higher revenue, margins, and profit. Its outlook also surpassed Wall Street expectations.
Western Digital Stock (NASDAQ:WDC) Gains 9% Despite Friday Selloff as Profit Estimates Climb
Western Digital ended last week with a hard reversal. Shares fell 6.9% Friday, yet finished the week 8.9% higher.
US stocks advance with chip index up 4.9%, while market breadth remains uneven
U.S. equities advanced at midday on Tuesday, with semiconductor shares driving gains. The Nasdaq Composite climbed 1.29% to 25,837.24, while the S&P 500 increased 0.81% to 7,503.75.
US stock futures advance; chip sector bounce leads Dow ahead of earnings
The U.S. cash market stayed shut, with standard trading scheduled to begin at 09:30 EDT. Futures climbed following a steep decline in technology shares last week. The Nasdaq 100 rose at a pace four times greater than the Dow.
Wall Street ends lower; chip decline highlights S&P 500 concentration risk
U.S. stocks finished down on Thursday, pressured by a 4.29% decline in semiconductor shares. The Nasdaq fell 1.47%, with chip stocks weighing on the index's performance.
Western Digital (NASDAQ: WDC) Falls 11% as AI-Storage Trade Loses Momentum
Western Digital slid 10.8% to $458.22 in Thursday trading. The drop erased roughly $19.2 billion from its equity value.
US Stocks Open Mixed With Tech Under Pressure
S&P 500 dipped Thursday with tech weighing on the index. Ten of eleven sectors gained, but technology losses took the benchmark below flat.
Western Digital Stock Selloff Exposes a $240 Wall Street Split on AI Storage
Western Digital Corp. fell about 5% on Monday as a global selloff hit chip and storage shares, even as Citigroup Inc. raised its price target to $800. UBS Group AG followed with a $560 target and kept a neutral rating; a delayed quote shortly before the close put Western Digital at $554.96.
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
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
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.
Wall Street Pushes AI-Memory Trade as $26.5B Bet Reveals Weak Spot
Tech stocks in the U.S. were on track for a weaker start Friday, with SK hynix launching a $26.5 billion offering on Nasdaq. Investors are watching to see if AI demand can handle a deal this size without triggering selling in other positions. Nasdaq-100 futures dropped 0.6%. S&P 500 and Dow futures were steady.
Nasdaq futures weaker vs. Dow as chip shares slip ahead of Fed minutes
U.S. stock futures were mixed early Tuesday, with Nasdaq contracts falling and the Dow and Russell futures higher. Around 5:50 a.m. EDT, Dow Jones E-minis gained 122 points, or 0.23%. S&P 500 E-minis slipped 10.75 points, or 0.14%, while Nasdaq 100 E-minis lost 311.25 points, or 1.04%. Russell 2000 futures added 4.6 points, or 0.15%.
Western Digital premarket gains as analysts split on price targets
Western Digital traded up 4.26% at $561.95 in premarket as of 7:43 a.m. EDT. That follows a 9.92% plunge to a $539.00 finish before the long weekend. The morning move clawed back less than 40% of Friday's $59.37 slide.
Micron faces $20 billion data center test as Korean supply risk grows
Nasdaq is open for trading Tuesday. The 2026 calendar shows the next market holiday is July 3 for Independence Day. Premarket runs 4 a.m. to 9:30 a.m. Eastern, with regular hours from 9:30 a.m. to 4 p.m. Eastern.
Western Digital (NASDAQ:WDC) falls 13%, stays above Wall Street average target
Western Digital Corporation slumped about 13% on Friday. The stock is still trading above the Wall Street average target, so the move doesn't set up an obvious bargain trade for investors.
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