What's Going On With Western Digital Stock Friday?
Western Digital stock jumped over 3% Friday, rebounding from a recent pullback as storage peers rallied. Here’s what’s driving WDC.
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Sandisk Options Surge As SNXX Ranks Among Most Active ETFs. What Investors Are Betting On
A $41M Sandisk call bet puts 2X leveraged ETF SNXX in focus. Here’s how the fund amplifies SNDK’s moves amid the AI memory trade.
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Stock Market News for Sep 18, 2026
Wall Street closed sharply higher on Thursday, with the Nasdaq jumping 1.7% and the S&P 500 rising 1.1%, as investors looked past the Fed's 25-basis-point rate hike. Tech and discretionary stocks led the rally, supported by softer oil prices, declining Treasury yields, and strong jobs data that eased inflation and borrowing-cost concerns.
Jim Cramer Flags 'Boatload' of Bullish Option Buying in Micron, Sandisk, Intel
Jim Cramer flagged over $90M in short-dated chip calls, suggesting Leopold Aschenbrenner’s fund may be behind the trades, though unconfirmed.
Can GFS' Marvell Deal for SiGe Capacity Expansion Accelerate Growth?
GlobalFoundries has signed a multi-year agreement with Marvell Technology to expand silicon germanium (SiGe) production capacity at its Burlington, Vermont facility. The expansion will support next-generation optical transceivers and networking solutions for AI and cloud data centers. GFS shares have outperformed the industry over the past year, though the company faces competition from UMC and TSMC in the optical connectivity market.
Shares of chip companies are trading higher amid overall market strength, falling yields and declining oil prices. The industry may be boosted by recent talks between Intel and SK Hynix regarding U.S. chip manufacturing.
Micron Turned $10,000 Into About $130,000 in 5 Years. Most of It Came in the Past 12 Months.
A $10,000 investment in Micron Technology in September 2021 grew to approximately $130,000 in five years, with nearly all gains occurring in the past 12 months driven by AI-driven demand for memory chips. However, the stock's current valuation and cyclical nature of memory prices raise concerns about sustainability, as the company previously suffered a $5.83 billion loss during a memory price downturn three years ago.