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Palo Alto Networks stock continues its strong uptrend this week and is now hovering at its all-time high. PANW jumped by 156% from its lowest point this year, with analysts expecting more gains. BNP Paribas predicts that PANW will jump from the current $357 to $380, while Wells Fargo sees it soaring to $420. Other analysts who are bullish on the company are from BTIG and Arete Research. Palo Alto Networks stock faces technical stocksThe general view among analysts is that Palo Alto Networks will continue doing well in the coming years because of the AI boom. The theory is that, as…

Shares of SanDisk Inc. (SNDK) fell sharply in trading on Tuesday as a broad selloff in memory-chip stocks spread from South Korea to US markets despite strong preliminary earnings from Samsung Electronics.SanDisk shares declined 8% after falling 23% over the previous three trading sessions. The stock has been one of the strongest performers in the US technology sector this year, gaining about 635% year to date and more than 3,750% over the past 12 months.The decline came as investors took profits across the memory-chip sector following steep gains in semiconductor stocks driven by artificial intelligence demand.Samsung results fail to lift…

Galaxy Digital has completed the first phase of its Helios campus in West Texas and begun earning lease revenue, delivering 133 MW of critical IT load to CoreWeave under a 15-year agreement. The company met its Phase I schedule and drew that load from roughly 200 MW of gross power, with lease payments beginning in the second quarter of 2026. The delivery moves Helios out of construction and into commercial operation, and Galaxy presents it as evidence that the company can build AI infrastructure at hyperscale and bring it into service. Mike Novogratz, the founder and CEO of Galaxy described…

The Roundhill Memory ETF (DRAM) dropped by over 6% in the premarket, reaching a low of $60.65, as memory shares tumbled following the latest Samsung earnings. DRAM has now dropped by over 25% from its highest point this year, and this trend may continue as a top analyst warns of a potential rotation from memory to hyperscalers.DRAM ETF drops after Samsung Electronics earningsSomething interesting is happening in the memory industry, where their stocks are falling after publishing strong financial results and boosting their forward outlooks.Micron stock initially jumped to a record high of $1,246 after releasing its numbers in June,…

Shares of Fiserv climbed more than 6% in premarket trading on Tuesday after a report said several of the largest US banks had explored acquiring one of the fintech company’s debit-card networks, highlighting the growing strategic importance of payments infrastructure as banks compete with fintech firms and crypto players.According to The Wall Street Journal, JPMorgan Chase, Bank of America, Wells Fargo, and PNC Financial Services Group have in recent months held preliminary discussions about a potential acquisition of a payments network owned by Fiserv.The discussions remain tentative, and there is no certainty that a transaction will materialize.The report said several…

The US Dollar reigns supreme amid Fed policy uncertainty and shifting energy trends, while geopolitical tensions sustain global market volatility. “King Dollar” Persistence The US Dollar continues to assert its dominance, reinforcing its “King Dollar” narrative as it remains the primary beneficiary of market risk-aversion. Even during geopolitical shocks, such as the tensions surrounding the Iran conflict and the Strait of Hormuz, the Dollar has successfully outcompeted traditional safe havens like the Swiss Franc. Analysts expect this robust performance to endure through the second half of 2026, supported by a combination of sticky domestic inflation, resilient economic growth, and a…

The U.S. Securities and Exchange Commission has secured a final consent judgment against Las Vegas-based financial education firm Quest Education L.L.C., its founder Daniel Blue, and former employees David Christopher White and Keitoh Jordan Spears, concluding an enforcement action alleging the firm illegally operated as an unregistered securities broker while earning millions of dollars in commissions from private investment offerings. The judgment, entered by the U.S. District Court for the District of Nevada on June 29, follows an SEC lawsuit filed in January 2025 that accused the defendants of soliciting investors into unregistered securities offerings despite lacking the required broker…

The Vanguard S&P 500 ETF (VOO) stock has pulled back in the past seven consecutive days and is hovering at its lowest level since June 11. There is a risk that the recent stock market rally is about to take a breather. S&P 500 Index has fallen despite some major good newsThe S&P 500 Index and its top ETFs, like VOO and SPY have pulled back despite some good news, including the recent US-Iran deal that has pushed crude oil pricesmuch lower than where they were a few months ago. Brent has dropped to $70, while the West Texas Intermediate (WTI)…

Micron Technology’s MU shares fell sharply on Friday, giving up part of the gains recorded earlier in the week despite the memory chipmaker reporting stronger-than-expected quarterly results.The stock declined nearly 5% in premarket trading as weakness spread across the broader semiconductor sector. Other US chipmakers also traded lower, with Intel down just over 3%, Sandisk falling 5%, Arm shedding 4%, and Marvell declining 3.7%.The decline came as investors remained cautious about the rising costs associated with artificial intelligence infrastructure, triggering a broader sell-off across global semiconductor stocks.Semiconductor stocks under pressure worldwideThe weakness extended beyond the United States.In Europe, ASML fell…

Forget the reflex that says memory chips are dumb commodities doomed to boom and bust. The single most important number in Micron Technology’s (NASDAQ: MU) fiscal third quarter is not the record $41.5 billion in revenue or the roughly 85% non-GAAP gross margin — it is the $22 billion in customer cash deposits the company has already collected against memory it has not yet shipped (TechTimes). Customers do not pre-pay billions for a commodity. They pre-pay for something they are terrified of not getting. With MU trading near $1,048 after a roughly 700% one-year run that pushed its market capitalisation…