SanDisk has taken investors on a wild ride in recent months. For instance, SanDisk (SNDK) stock is up roughly 2,240% over the past 12 months, a return that turned a sleepy chipmaker into one of the most talked-about stocks on Wall Street. Then came the drop. The chip stock has fallen 45% from its all-time
The Federal Reserve’s July policymaking meeting ended with no interest-rate hikes nor forward guidance but with a boatload of Fed speak and word salad. Kevin Warsh insisted the Fed will still be able to lower inflation to its 2% target — a measure it has missed for five years — but didn’t say how. He
Wall Street does not usually turn on a stock this fast. Earlier this year, Snowflake (SNOW) was one of the names investors turned away from when they decided artificial intelligence might break the software business. SNOW stock fell hard, and the story around it was almost entirely about what AI could take away. On July
In rocketry, Max Q is the moment of maximum aerodynamic stress on an ascending rocket, the point where the physical forces trying to tear it apart are strongest. Morgan Stanley borrowed that concept in a note shared with me at TheStreet to describe exactly what SpaceX (SPCX) is about to experience. The company reports its
Wall Street is watching Akamai Technologies closely after a blockbuster deal reshaped the company’s growth story earlier this year. Morgan Stanley reaffirmed its “Overweight” rating on Akamai (AKAM) in a July 27 research note shared with me, keeping its price target at $165, roughly 48% above the stock’s July 28 close of $111. Valued at
Central banks spend decades building a reputation and can spend the whole thing in a single afternoon. Every institution that manages expectations for a living runs into the same trap. Move too slowly and you look asleep at the wheel. Move without warning and you teach everyone watching that your signals were never worth much.
When a large company misses a quarter, the customer usually takes the blame. Wages are tight, gas is expensive, budgets are stretched thin. It is the one explanation nobody in a boardroom can be accused of inventing. Most of the time, it is even true. Consumer spending really does bend, and it bends hardest on
Alphabet reported earnings on July 22 and the stock dropped more than 7% in a single session. The numbers weren’t bad. Cloud grew 82% year over year. Advertising held up. EPS beat. What rattled investors was the spending. Capital expenditure guidance for 2026 came in at $195 billion to $205 billion. Free cash flow went
Nvidia(NVDA) investors have no shortage of reasons to remain bullish. The AI chipmaker posted record revenue of $81.6 billion for the first quarter of fiscal 2027, up 85% from a year earlier. Data center revenue surged 92% to $75.2 billion. Nvidia forecast second-quarter revenue of about $91 billion and gross margins of about 75%. That
With jet fuel prices continuing to sit at decades-old highs over the war in Iran and the closure of the Strait of Hormuz, almost every airline has reworked its network to optimize high-traffic routes and cut any underperforming ones. United Airlines and American Airlines both trimmed approximately 5% of their flight capacity for the rest