Shares of the memory and storage company fell sharply as a major Chinese competitor launched a multi-billion dollar IPO, compounding a sector-wide selloff that has persisted for several sessions.
Shares of SanDisk fell sharply after Argus Research initiated coverage with a Hold rating, citing valuation risks, and a report emerged that a key cloud customer is exploring ways to hedge against a drop in memory chip prices.
DoorDash has released a new command-line tool, dd-cli, enabling AI agents to autonomously search for restaurants and place real food orders, a move aimed at positioning the company as a key infrastructure provider in the emerging agentic AI commerce market.
The S&P 500 and Nasdaq Composite opened lower on Thursday, weighed down by a sell-off in semiconductor stocks, while the Dow Jones Industrial Average posted early gains.
The U.S. Securities and Exchange Commission has proposed a new rule that would make electronic delivery the default method for investor disclosures, aiming to modernize regulations and reduce costs for companies.
Shares of the drone and missile systems maker gained after Raymond James upgraded the stock to Outperform with a $210 price target, citing a more favorable risk/reward outlook and major new contract potential.
The planemaker is in the final stages of certifying a redesigned engine system, a critical step to begin deliveries of its delayed 737 MAX 7 and MAX 10 aircraft and address a key production bottleneck.
Brokerage firm BTIG has lowered its rating on Etsy to Neutral from Buy, arguing that the stock's significant year-to-date gains have brought its valuation to a full level, balancing its risk-reward profile.
A Q2 survey of Chief Information Officers from Morgan Stanley shows a slight uptick in 2026 IT budget growth expectations to 3.8%, with spending narrowly focused on AI and cybersecurity.
