Micron Technology's stock took a hit last week, dropping over 6% to close at €205. But don't let that fool you. Big banks are still bullish, with some setting price targets as high as $330. Why? Because Micron has already sold all its high-bandwidth memory (HBM) chips for AI use through 2026. That's
The U. S. stock market saw a bit of a slide on Friday, with tech stocks leading the way down. The S&P 500 dropped 0. 5% from its record high, while the Nasdaq composite fell 1%. This isn't great news for investors who've been riding the wave of AI hype. So, what's causing this downturn? Well, it se
Costco has been doing well in terms of sales, but its stock is not keeping up. In the first quarter of fiscal 2026, Costco made $4. 50 per share. This was more than what experts thought it would make. The company's total revenue went up by 8. 3% to $67. 3 billion. Membership fees also went up by 14%
GigaCloud Technology (GCT) has been making waves in the cloud tech industry, recently hitting a new 52-week high. This company, valued at $1. 42 billion, is known for its global end-to-end B2B technology solutions. It connects manufacturers, mainly in Asia, with resellers in the U. S. , Asia, and Eu
In November, the healthcare sector of the S&P 500 saw a notable increase in short selling. The average short interest jumped from 1. 97% to 2. 12%. This means more investors are betting against the sector's future performance. Leading the pack, Moderna (MRNA) remains the most shorted stock in this g
Ken Griffin, the head of Citadel Advisors, made some interesting choices in the tech world during the last quarter. With a massive $50. 1 billion under management, Griffin is a big player. He increased his investments in most of the top tech companies, but there was one notable exception: Amazon. G
Markets kicked off the week with a downturn, but tech news from China gave them a boost. The S&P 500 and Nasdaq futures dipped early but recovered later in the day. Tech stocks like Nvidia, Broadcom, Micron, and Microsoft showed strength, while others like Google, Tesla, and healthcare stocks took a
TE Connectivity is making waves in the tech world, and it's all thanks to two big things: artificial intelligence (AI) and energy. This company is known for making the parts that connect and protect the flow of power and data in everything from cars to factories. Now, it's seeing a boost in its stoc
Satsuma Technology, a company listed on the London Stock Exchange, recently made a significant move. They sold a large chunk of their Bitcoin holdings. This was part of their plan to prepare for a bigger role in the main market. The company sold 579 Bitcoins from their total of 1, 199. This sale br
The Federal Reserve is about to make some big decisions on interest rates. They've been hinting at a possible cut, but things aren't as straightforward as they seem. The Fed has been trying to figure out the economy for the past few months, and it's not easy. They've noticed that jobs are getting ha
