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Is Micron's 346% Revenue Surge Enough to Reignite the AI Trade?
NEW YORK — The regular session told one story; the after-hours tape is telling a very different one — and for traders positioned in semiconductors, the divergence matters enormously heading into Thursday. 📊 Trader’s Take My read on this session is straightforward: the rotation was real, but it isn’t panic. Money didn’t leave equities — it shuffled chairs. Real estate and energy catching a bid…
Can Micron Hold $1,078 Into Its Own Earnings Report?
NEW YORK — Micron Technology opened at $1,078.00 on Wednesday morning, bouncing off Tuesday’s wreckage as traders positioned ahead of one of the most consequential earnings prints in the semiconductor calendar this year. 📊 Trader’s Take My read on this open: the bounce in Micron is technically logical but fundamentally fragile. A 13% single-session drop followed by a premarket bid is classic…
Market close, April 16, 2026: S&P 500 hits all-time high at 7,041 as Iran ceasefire optimism lifts tape
NEW YORK, April 16, 2026 — U.S. equities closed at record highs Thursday, with the S&P 500 rising 0.26% to 7,041.28, the Nasdaq Composite advancing 0.36% to 24,102.70, the Dow Jones Industrial Average adding 0.24% to 48,578.72, and the Russell 2000 gaining 0.22% to 2,719.60. The session delivered a 12th consecutive Nasdaq advance — the index’s longest winning streak since July 2009 — fuelled by a…
Semiconductor rally over; stocks sink after Goldman warns of more trouble
Semiconductor rally over; stocks sink after Goldman warns of more trouble
When the semiconductor industry came under pressure last year after the weakness in demand deepened, there was widespread speculation the market will rebound in 2019. The positive sentiment was visible in the performance of leading chip stocks at the beginning of the year. However, the optimism waned after the latest quarterly reports indicated the slump will persist longer than expected.
Undersc…
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