No day is a dull one when talking about SanDisk (SNDK). We have had lots of interesting positive angles before. On Thursday, Aug. 13, SanDisk gave investors something bigger than a quarterly beat or an analyst upgrade. It gave them a long-term financial model. And of course, the market had to react, responding with a 13.67%
Walmart (WMT) reports earnings on Aug. 20, and most of the attention will land on one figure: how much its U.S. stores sold compared with a year ago. That number matters. But Bank of America thinks investors who stop there are watching the wrong part of the business. The firm reiterated a Buy rating on
In the midst of all the discussion about whether the artificial intelligence boom is getting too pricey, Super Micro Computer (SMCI) just revealed a number that’s difficult to ignore. The AI server specialist expectsfiscal 2027 revenue of $65 billion to $72 billion, dramatically above the $52.5 billion analysts were forecasting, according to LSEG data cited
Publix, which has over 1,400 stores nationwide, is making another significant policy change that many customers will see at checkout. The move comes after the company has made several in-store changes in recent months that have sparked customer backlash. For instance, it irritated some customers when it retired Publix Pay, its contactless in-app payment option,
Warren Buffett spent 60 years building one of the greatest investing records in history, not by chasing whatever was popular, but by finding businesses he never wanted to sell. He said it himself in his 1988 shareholder letter, the year he first bought Coca-Cola: “Our favorite holding period is forever.” That line was not just
Cathie Wood, chief of Ark Investment Management, often locks in gains when her favorite tech stocks surge. That’s what she’s doing with Palantir Technologies (PLTR), trimming her position after the stock jumped more than 30% over the past month, fueled by a sharp post-earnings rally. Last year, the flagship Ark Innovation ETF gained 35.49%, far
Micron (MU) stock traded around $966 on August 14, according to Yahoo Finance, extending a sharp snapback that pushed its shares back to the psychologically important $1,000 level. Investors are weighing a couple of different signals. For perspective, Micron stock has more than tripled this year, up nearly 240% year-to-date, blowing past the S&P 500’s
Gold traders have had a hard time getting this year right. The metal has swung from record highs to steep drops and back again. Most of the people who trade it are still trying to figure out which move to trust. A shift in Federal Reserve expectations, paired with a fresh round of buying, is
For most of the summer, investors pulled money out of chipmakers and data center names and moved it into health care, banks, and retailers. The AI infrastructure trade led the market for two years. This summer, it underperformed. Jim Cramer says that phase is over. On CNBC’s “Mad Money,” the host declared that the AI
For most of the artificial intelligence boom, Wall Street has fretted that tech companies would one day build too many data centers, buy too many processors, and spend more money than artificial intelligence can reasonably earn back. CoreWeave (CRWV) just gave investors the opposite problem. The AI cloud company raised its 2026 capital-spending forecast to