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Technology 16 August 2026 - 17 August 2026

Sandisk Shares Surge 35% as New Contracts Test the NAND Cycle
AI Stocks Outlook: 35% Rally in Memory Shares Puts Focus on Upcoming Chip Results

AI Stocks Outlook: 35% Rally in Memory Shares Puts Focus on Upcoming Chip Results

WARSAW, August 16, 2026, 20:22 CEST — US and European cash markets remain shut on Sunday, as memory and storage stocks approach the week with significant momentum. Sandisk soared almost 35% over the past week, while the Nasdaq edged up just 0.1%.
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AI PORTFOLIO

Top Stock Picks

Today’s highest-ranked model selections.

#1 Buy

Alphabet

Alphabet (NASDAQ:GOOGL) 92/100 ★★★★★
#2 Buy

Amazon

Amazon (NASDAQ:AMZN) 90/100 ★★★★★
#3 Accumulate

NVIDIA

Nvidia (NASDAQ:NVDA) 89/100 ★★★★½
#4 Accumulate

Microsoft

Microsoft (NASDAQ:MSFT) 86/100 ★★★★☆
#5 Selective buy

Meta Platforms

Meta Platforms (NASDAQ:META) 84/100 ★★★★☆
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Editorial model selection. Not personalised advice.
MARKET CALENDAR

Key Events Today

The catalysts most likely to move markets.

#1

Empire State Manufacturing

A figure above or below the 12.0 consensus could impact Treasury yields, the dollar, and cyclical stocks by influencing short-term growth outlooks.

#2

NAHB Housing Sentiment

A reading above or below 33 will influence expectations for housing demand, mortgage rate trends, and homebuilder stocks.

#3

Fabrinet After the Close

Investors are focusing on revenue, margins, and comments on datacom as key factors for companies involved in optical networking and AI infrastructure supply chains.

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Times and estimates may change. Verify before trading.