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Shares of SK Hynix Inc. (NASDAQ: SKHY ) rose 3.5% to $181.00 in Thursday premarket trading, clawing back the entire advance the stock surrendered a day earlier as investors reconsidered a reported manufacturing tie-up with Intel Corp. (NASDAQ: INTC ). Intel added 3.1% to $104.18 before the bell, building on Wednesday’s
Western Digital Corp. (NASDAQ: WDC ) stock rose more than 3% in Thursday’s premarket session as risk appetite improved across equities. Traders leaned into higher-beta technology stocks. Nasdaq futures climbed 1.62%, while S&P 500 futures gained 1.27%. Western Digital’s early gains came amid a broader market rally. Fut
Marvell Technology, Inc. (NASDAQ: MRVL ) stock is trading higher by more than 2% during Wednesday's premarket session as semiconductor stocks gain alongside a firmer risk tone. Nasdaq futures are up 0.61%, while S&P 500 futures have gained 0.36%. AI Opportunity In Focus Adding to the backdrop, Bank of America analyst V
NVIDIA Corp. (NASDAQ: NVDA ) CEO Jensen Huang said demand for artificial intelligence computing is accelerating as AI becomes more useful and companies race to build new infrastructure. Speaking with CNBC's Jim Cramer at Dreamforce in San Francisco, Huang said companies have been building NVIDIA-powered "AI factories"
U.S. stocks look set for a positive open on Wednesday, with futures for the Dow Jones, S&P 500, and Nasdaq Composite rising after declining on Tuesday. The Federal Open Market Committee’s two-day meeting will end today, with all eyes on the FOMC’s policy direction. The CME Group’s FedWatch tool projections show markets
Nvidia customers have reportedly been told server prices for AI chip systems could rise more than 15% for shipments in early 2027, with the increase tied to chip generation and memory configuration.
Jim Cramer says the AI data center supply chain depends too heavily on SK Hynix and Samsung shares that he says are controlled by leveraged retail traders, while SK Hynix also announced a 40 trillion won buyback and cancellation plan.
SK hynix Inc. said it will repurchase up to 24 million treasury shares in a 40 trillion won ($29 billion) buyback and lifted its shareholder-return target to more than 50% of free cash flow.
SK Hynix’s U.S.-listed ADR SKHY rises in premarket after the company said it will buy back and cancel 40 trillion won, or $29 billion, of treasury shares.
U.S. stock futures are higher, with S&P 500 and Nasdaq 100 futures up and Dow futures slightly lower, while investors await Fed July meeting minutes and watch rising oil and Treasury yields.
Semiconductor Rally Please click here for an enlarged chart of Direxion Daily Semiconductor Bull 3X ETF (NYSE: SOXL ). Note the following: Semiconductors are the leading sector that drove the stock market higher. SOXL is the momo crowd’s favorite semiconductor ETF. The chart shows a massive rally in semiconductors yest
Wingstop Inc. (NASDAQ: WING ) reported second-quarter fiscal 2026 results on Wednesday, posting adjusted earnings that topped Wall Street expectations, while revenue missed estimates as weaker same-store sales weighed on the top line. Wingstop Earnings Beat, Revenue Miss The company reported adjusted earnings of $1.18
SKHY misses analyst forecasts
Sandisk Corporation (NASDAQ: SNDK ) stock was volatile in Wednesday’s premarket session as investors positioned ahead of next week’s earnings report. Nasdaq futures rose less than 0.5%, while S&P 500 futures gained 0.19%. The memory sector remained in focus after rival SK hynix Inc. (NASDAQ: SKHY ) posted a quarterly p
The artificial intelligence boom has sparked a web of interwoven investments, leaving market watchers divided on whether this trend represents a “virtuous circle” of strategic alignment or a perilous tech echo chamber masking true demand. The ‘Virtuous Circle’ vs. Manufactured Demand At the center of this debate is Nvi
Intel Corp. (NASDAQ: INTC ) stock gained in premarket trading on Friday after the chipmaker reported stronger-than-expected second-quarter results and issued third-quarter guidance above analyst estimates. Beats Estimates, Raises Outlook The chipmaker beat second-quarter expectations, with revenue rising 25% year over
Top Big Cap Negative News Movers Premarket: ADTN: -21% Prelim Earnings PEGA: -18% Earnings CALM: -7% Earnings DYN: -7% Pricing of Upsized $375 Million Public Offering of Common Stock RDDT: -7% Talk they are discussing cutting off GOOGL TEL: -7% Earnings SKHY: -7% Clarifies of Intels plant BKU: -6.5% Earnings GEV: -4% E
SKHY -7% premarket
On Wednesday, ASML Holding N.V.’s (NASDAQ: ASML ) strong quarterly results and upbeat outlook sparked fresh commentary from market watchers, with Jim Cramer and Shay Boloor offering different perspectives. Jim Cramer, Shay Boloor React To ASML’s Strong Earnings ASML gained 2.23% to close at $1,815.27 on Wednesday after
U.S. stock futures were mixed on Monday, as the Dow Jones index advanced, while the Nasdaq 100 and S&P 500 indices fell, following Friday’s higher close. Late Sunday, global markets turned cautious after the U.S. launched another round of strikes against Iran, fueling a rally in crude oil prices and weighing on U.S. st