Financial News

Traders monitored oil prices and bond yields while awaiting further developments with the conflict in the Middle East.

Nvidia and Walmart earnings loom with the S&P 500 and Nasdaq near highs but facing headwinds from oil prices and yields.

The indexes were little changed for the week after Friday's slide on surging yields. Small caps sold off. Nvidia and Walmart earnings loom.

(Bloomberg) -- Shares of chipmakers are increasingly dominating the S&P 500 Index, powering stocks to record highs while stirring concerns over the rally’s durability. Most Read from BloombergWinners and Losers From Trump and Xi’s Beijing Summit TalksHormuz Oil Flows Creep Higher as More Supertankers ExitUS, Iran Stall on Hormuz Reopening as Oil Supplies TightenTrump Gets Revenge on Republican Who Voted to Convict HimHow Keir Starmer Imploded and Plunged Britain Into More ChaosA selloff on Frida

Even legacy tech companies like Intel and Dell Technologies are riding the AI wave with major stock gains this year.

The soaring Sandisk stock price may be on the cusp of a major reversal as it has become highly overbought and may go through mean reversion

Benzinga examined the prospects for many investors' favorite stocks over the last week — here's a look at some of our top stories.

Hedge fund Appaloosa, run by billionaire David Tepper, took an axe to many of its stock holdings in the first quarter of the year.

Sandisk and Micron trade below nine times forward earnings despite surging AI-driven demand for memory chips.

The indexes were little changed for the week after Friday's slide on surging yields. Small caps sold off. Nvidia and Walmart earnings loom.

Sandisk insiders are harvesting gains from a blistering stock rally that has been fueled by artificial-intelligence demand for the company’s memory products. A filing with the Securities and Exchange Commission shows Chief Accounting Officer Michael Pokorny sold 2,446 shares on Tuesday for $1,426.18 each, or roughly $3.5 million. Following the transaction, Pokorny directly owned 22,375 Sandisk shares, which were valued at just under $31 million based on Thursday’s closing price of $1,382.72.

Optical networking is becoming increasingly relevant, and Marvell has revised its interconnects growth expectations to 50% for FY27.

The memory rally has been one of the most extraordinary moves of the cycle, and SanDisk (NASDAQ:SNDK) sits at the center of it. After a 3,197% gain over the past year and a 482% year-to-date run, the question is whether fundamentals can keep up with the multiple. Our 24/7 Wall St. price target for SanDisk ... Sandisk Price Prediction: Has the Rally Gone Too Far?

Even without China, Nvidia and Sandisk are selling chips as fast as they can manufacture them.

The market’s appetite for memory chip makers is feverish, but this subset of the semiconductor industry might be looking a bit too hot. Memory companies have been the latest beneficiaries of the artificial-intelligence investing craze, a boom that has lifted the entire semiconductor sector. The reason is its focus on memory chips and its heavy concentration on three companies in particular: Micron Technology and South Korea’s SK Hynix and Samsung Electronics.

The stock is trading up nearly 3,640% since Sandisk spun off from Western Digital last year.

- 13F Filing

Japanese memory supplier Kioxia announces plans to list American depositary receipts on a U.S. stock exchange.

The Philadelphia Semiconductor Index has climbed roughly 64% since late March. Nathan Peterson, Director of Derivatives Research and Strategy at Schwab, framed last week’s action around a single dominant theme on the firm’s Market Update podcast: “The driving engine behind last week’s push higher in stocks continued to be the AI infrastructure plays, especially in ... The AI Chip Rally Is Masking a Dangerous Truth. Half the S&P 500 Is Being Left Behind

Sandisk insiders are harvesting gains from a blistering stock rally that has been fueled by artificial-intelligence demand for the company’s memory products. A filing with the Securities and Exchange Commission shows Chief Accounting Officer Michael Pokorny sold 2,446 shares on Tuesday for $1,426.18 each, or roughly $3.5 million. Following the transaction, Pokorny directly owned 22,375 Sandisk shares, which were valued at just under $31 million based on Thursday’s closing price of $1,382.72.

SNDK rides on booming AI-driven data center demand as enterprise SSD sales surge and new QLC Stargate solutions fuel growth.

The Roundhill Memory ETF (DRAM) just reached $10 billion in assets at the fastest pace ever for an exchange-traded fund according to TMX VettaFi.

Robinhood shares which stocks were bought and sold the most by its millions of users for the first four months of 2026.

CNBC’s Jim Cramer explains why he is keeping an eye on shares of Charles Schwab.

Silicon Motion Technology is a vital part of the AI build-out that is starting to get some attention.

Sandisk has alerted investors to an unsolicited mini-tender offer for its shares by Tutanota LLC. The company is urging shareholders to reject the offer and take no action in response. Sandisk cites the risks associated with mini-tender offers, which can bypass some investor protections. For investors tracking NasdaqGS:SNDK, this warning comes at a time when the stock is trading at $1,382.72. Recent performance data shows the share price return is 3.2% over the past week and 46.4% over the...

MU and SNDK are surging as AI-driven demand for HBM, DRAM and SSD storage tightens supply across the memory market.

MILPITAS - Sandisk Corporation today announced that it recently became aware of an unsolicited 'mini-tender' offer by Tutanota LLC to purchase up to 100,000 shares of Sandisk's common stock at an...

Value investors don't have to be left out of the AI Revolution. These companies have cheap valuations.

MILPITAS, Calif., May 15, 2026--Sandisk Corporation (Nasdaq: SNDK) ("Sandisk") today announced that it recently became aware of an unsolicited "mini-tender" offer by Tutanota LLC ("Tutanota") to purchase up to 100,000 shares of Sandisk’s common stock at an offer price of $1,150.00 per share. The shares subject to Tutanota’s offer represent less than 0.07% of Sandisk’s common stock as of April 24, 2026.