Today: 25 June 2026
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TWSE:2402 2 February 2026 - 25 March 2026

Sandisk to Spend $1 Billion on Nanya in AI-Era Push to Lock In DRAM Supply

Sandisk to Spend $1 Billion on Nanya in AI-Era Push to Lock In DRAM Supply

Sandisk will invest about $1 billion in Taiwan's Nanya Technology, acquiring a 3.9% stake and securing a multi-year DRAM supply deal. Sandisk shares fell 3.5% in U.S. trading; Nanya stock rose 4.6% in Taipei. The purchase price of NT$223.9 per share is a 15% discount to Nanya's 30-day average. Nanya will use proceeds for factory upgrades and advanced memory production.

Stock Market Today

  • Consolidated Edison (ED) Shares Surge Above Average Analyst Target
    June 25, 2026, 8:19 AM EDT. Consolidated Edison Inc (ED) shares recently rose to $90.62, surpassing the average 12-month analyst target price of $90.08. The average target reflects insights from 12 analysts, with individual targets ranging from $74.00 to $103.00, indicating diverse market expectations. Analysts may adjust their price targets upward or downgrade valuations depending on the company's fundamentals driving the price movement. Current analyst sentiment shows one strong buy, five hold ratings, and no sell ratings, with an average rating score of 3.78 on a scale where 1 is strong buy and 5 is strong sell. This price breakthrough signals investors to reevaluate whether ED stock has further upside or is reaching a peak valuation.

Latest News

Autozi premarket gains skid past dilution signs from $35 million raise

Autozi premarket gains skid past dilution signs from $35 million raise

25 June 2026
Autozi (NASDAQ:AZI) soared 75.4% premarket after announcing plans to raise up to $35.25 million—nearly 81% of its current liabilities—through a $30 million share sale at $0.60 (47% below Wednesday’s close) and $5.25 million in convertible notes, massively diluting existing shareholders as the company faces steep losses, low cash, and a Nasdaq compliance deadline.
Corning keeps dividend flat as AI fiber demand drives GLW valuation

Corning keeps dividend flat as AI fiber demand drives GLW valuation

25 June 2026
Corning surged 6.1% to $205.83 after announcing another $0.28 quarterly dividend, but with a yield of just 0.54% and a P/E near 99, the stock’s recent gains reflect investor bets on growth from AI-driven optical and solar sales, not income, as Wall Street targets cluster around current levels ahead of the Q2 report.
UiPath shares trade under buyback price ahead of annual meeting

UiPath shares trade under buyback price ahead of annual meeting

25 June 2026
UiPath closed at $10.31, about 10% below the $11.47 average price paid in its recent $235.7 million share buyback, despite posting its first GAAP-profitable quarter and holding $1.42 billion in cash—investors now face a key test of confidence ahead of Thursday’s annual meeting as the stock lingers near its 52-week low.
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