Trump threatens 50% tariffs on Canadian autos, steel in 2027
President Donald Trump says tariffs on all cars, trucks, automotive parts and steel will rise to 50% on January First, 2027, pressuring industrial and auto supply chains.
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President Donald Trump says tariffs on all cars, trucks, automotive parts and steel will rise to 50% on January First, 2027, pressuring industrial and auto supply chains.
AI sector surges after Situational Awareness resolution
Micron Technology Inc. (NASDAQ: MU ) shares fell nearly 4% in Thursday’s premarket session as semiconductor stocks came under pressure amid weaker Nasdaq futures. Nasdaq futures were down 0.45%, while S&P 500 futures edged up 0.15%. The weakness came after earnings from Western Digital Corp. (NASDAQ: WDC ) and Sandisk
SNDK +7.6%, WDC +6.7%, MU +6%, STX +5.8% memory stocks another day of strength premarket
Micron and six other companies control the price of memory used in AI servers, with prices rising roughly fivefold in 12 months
SanDisk, Western Digital, and Seagate shares surge in after-hours trading following Micron's blowout earnings report
Micron Technology's strong Q3 earnings and guidance are lifting shares of fellow memory and storage companies SanDisk, Western Digital, and Seagate