Today: 25 June 2026
SanDisk rally faces AI memory test after Micron earnings

Sandisk Move Impacts Micron Rally and Nasdaq-100 ETF Math

25 June 2026
Sandisk (NASDAQ:SNDK) surged 15.3% premarket to $2,206.75 after Micron’s strong memory outlook, adding about $940 million to QQQ’s Sandisk stake and boosting the ETF by 20 basis points; Citi raised its SNDK price target to $2,500, citing tight NAND supply, but analysts warn pricing power could fade if supply rebounds.
Costco to open Pensacola warehouse on Nine Mile Road June 25

Costco to open Pensacola warehouse on Nine Mile Road June 25

Costco shares rose $3.83 to $961.51 as the company prepares to open its first Pensacola warehouse Thursday, entering a local market already served by Sam’s Club and BJ’s Wholesale Club; Costco recently reported 11.6% fiscal Q3 net sales growth and is targeting 30+ net new warehouse openings per year, but warns competition and economic factors could impact results.

Blue Owl (NYSE:OWL) trades near year low after new credit fund filing

Blue Owl (NYSE:OWL) trades near year low after new credit fund filing

24 June 2026
Blue Owl Capital plunged 3.4% to $8.91 on volume 68% above average, nearing its 52-week low, as investors weighed a 10.3% dividend yield against slipping fee-paying assets, $1.2 billion in BDC redemptions, and 13.9% software-credit exposure, despite Blue Owl Credit Income Corp. reporting $19.4 billion NAV, $11.6 billion liquidity, and positive year-to-date returns in a new SEC filing.
June 2025 AI News Roundup: Breakthroughs, Surprises, and Global Developments

June 2025 AI News Roundup: Breakthroughs, Surprises, and Global Developments

OpenAI CEO Sam Altman said GPT-5 will launch in summer 2025, claiming major improvements over GPT-4. Midjourney released its first text-to-video system, Model V1, in June 2025. Meta delayed LLaMA 4 Behemoth to late 2025 due to performance issues. Google DeepMind introduced Gemini Robotics On-Device, running vision-language-action AI entirely on robots.

Latest

Micron, Qualcomm move up while Apple, Nvidia slide in mixed AI trade

Micron, Qualcomm move up while Apple, Nvidia slide in mixed AI trade

Micron surged on $22 billion in customer commitments as memory suppliers gained $239 billion in market value, while five AI-linked megacaps lost $417 billion, shifting investor focus from AI demand to pricing power amid tight memory supply and rising component costs.
Dow ends higher; Nasdaq drifts as AI stocks slip, oil falls

Dow Jones (INDEXDJX:.DJI) spikes 700 points as price-weighted stocks outpace tech slide

Dow soars 763.79 points as Caterpillar, Goldman Sachs, and Honeywell drive gains, offsetting Apple’s 4.8% drop; investors brace for Alphabet to replace Verizon in the Dow on June 29, a move set to shift index weightings for funds tracking the price-weighted average.
US stocks now: Broad gains balance $416 billion drop in megacap tech

US stocks now: Broad gains balance $416 billion drop in megacap tech

Apple, Nvidia, Microsoft, Alphabet, and Meta lost about $416 billion in combined market value as investors rotated into Dow and small-cap stocks, with Apple dragging after raising MacBook and iPad prices due to higher memory costs; meanwhile, Micron surged 10.4% on strong earnings and guidance, and Qualcomm gained 3.6% after boosting long-term revenue targets.
Nebius (NASDAQ:NBIS) in focus after Vineland power test, CoreWeave (NASDAQ:CRWV) shows live AI capacity

Nebius (NASDAQ:NBIS) in focus after Vineland power test, CoreWeave (NASDAQ:CRWV) shows live AI capacity

Nebius closed at $259.66 after launching AI Cloud 3.6, but investors now face scrutiny over how quickly its Vineland, NJ site can convert contracted power—crucial for its $17.4B Microsoft deal—into live AI capacity, as policy risks and local opposition intensify and the stock trades at 9.91 times book value after a 455.9% annual gain.
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