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Buying On Hopium Please click here for an enlarged chart of Direxion Daily Semiconductor Bull 3X ETF (NYSE: SOXL ). Note the following: Semiconductors reflect the AI trade, and SOXL is the momo crowd’s favorite. The chart shows SOXL bounced above the top band of zone 3 (support) on Friday due to triple witching buying.
U.S. stocks close lower Tuesday as Treasury yields hover near multi-decade highs; the Nasdaq falls more than 350 points intraday, while the CNN Fear and Greed Index slips to 54.3 from 58.4 and into Neutral.
SanDisk Corp. (NASDAQ: SNDK ) posted a fourth-quarter earnings beat on Wednesday, but investors remained unconvinced as cautious guidance and questions over how long the memory boom can last sent the stock sharply lower in after-hours trading. Analyst Sees Margin Questions Ahead Susquehanna ‘s Mehdi Hosseini said in an
Late Monday, U.S. stock futures traded lower and oil prices eased as investors weighed President Donald Trump’s comments on Russia, Iran and the outlook for ongoing conflicts ahead of high-profile White House meetings. Dow Futures Slip as Markets Monitor Geopolitical Developments Dow futures fell 56.00 points, or 0.11%
The best inflation report of 2026 landed on Wall Street this week, and the market sold anyway, abandoning the semiconductor trade that has carried the entire rally for three years. By Friday afternoon, the technology sector had slumped 5.2% for the week, marking one of the worst weeks of the year. The iShares Semicondu
() -- (Updates with market moves at the end of the day.) The Dow Jones Industrial Average rose to a record in a mixed Thursday session as Wall Street locked in gains for the holiday-shortened trading week despite volatility in the technology sector. The Dow gained 1.1% to 52,900.1. The Nasdaq Composite fell 0.8% to 25,
Sandisk Corp. (NASDAQ: SNDK ) stock declined during Thursday’s trading session following a sector-wide profit-taking rotation out of high-momentum artificial intelligence hardware and memory chip stocks into AI software equities. The downturn also reflects investor focus on potential risks tied to Chinese memory manufa
SanDisk Corporation stock trades nearly 5% lower in premarket session as investors lock in gains following recent AI-driven memory rally
US stocks are moving premarket, with WYY up 45% and TECH up 19% on acquisition news, while ELME falls 28% on terminated agreement
Nasdaq Composite falls over 2% amid a global sell-off in semiconductor shares, with Micron Technology and SanDisk shares tumbling over 13%.