Keyword → D

SK Hynix Market Cap Hits $1.35B Trillion, Overtakes Samsung — First Change in Korea's Top Spot Since 2000

SK Hynix shares jumped 5.7% to push its market capitalization to roughly $1.35 trillion, briefly overtaking Samsung Electronics as South Korea's most valuable company for the first time in 26 years. The milestone reflects SK Hynix's dominant 61% share of the high-bandwidth memory market that supplies Nvidia's AI accelerators, with shares up more than 340% year-to-date. The move reinforces bullish sentiment toward US memory peer Micron Technology and AI infrastructure names.

SpaceX Breakthrough: Lands in Millions of 401(k)s via Index Funds, Paving Way for AI Tech

SpaceX's inclusion in 401(k)s through index funds opens the door for similar tech inclusions, potentially boosting AI sector stocks like OpenAI and Anthropic.

SLS Surges 17.66%: Unpacking the Catalyst Behind the Stock's Sharp Increase

SLS sees a significant one-day surge. Analysts point to a combination of sector rotation and overlooked earnings potential as key drivers.

Micron FQ3 2026 Revenue Quadruples to $41.46B, Beats $35.85B Estimate — Q4 Guided to $50B as HBM Fully Booked Through 2027; MU Gives Back 4.7% on Profit-Taking

Micron Technology reported fiscal Q3 2026 revenue of $41.46 billion, up 346% year-over-year, beating the $35.85 billion consensus by 16%, with non-GAAP EPS of $25.11 topping the $20.78 estimate by 21%. Gross margins hit a record 84.9%, data-center revenue exceeded $25 billion, and Q4 was guided to $50 billion — far above the $43.58 billion analyst forecast. Sixteen multi-year Strategic Customer Agreements locked in roughly $100 billion in contracted revenue. The stock surged 17% Thursday but retreated 4.7% in Friday premarket on profit-taking.

Alphabet Replaces Verizon in Dow Jones Industrial Average June 29 — GOOGL's $345 Share Price Gives It Seven Times Verizon's Index Influence as DIA Rebalancing Begins

Alphabet's Class A shares will replace Verizon Communications in the Dow Jones Industrial Average before Monday's open on June 29, with today marking the day S&P Dow Jones Indices publishes the updated Dow divisor used in end-of-day index calculations. At approximately $345 versus Verizon's $46, Alphabet carries roughly seven times more price-weighted index influence than Verizon's 0.5% contribution. DIA ETF holders must execute mechanical buys of GOOGL and sells of VZ before Monday's bell. Alphabet enters the Dow approximately 10% below its recent highs.

Micron Technology Posts Record $41.46B Q3 FY2026 Revenue, Up 346% YoY — $50B Q4 Guidance and $100B in Take-or-Pay Customer Contracts Redefine AI Memory Cycle

Micron Technology reported fiscal Q3 2026 revenue of $41.46 billion, up 346% year-over-year, beating the $35.84 billion consensus by 16%, while adjusted EPS of $25.11 topped expectations by 24%. The chipmaker secured 16 take-or-pay customer agreements covering roughly $100 billion in minimum contracted revenue through 2030, structurally repositioning the memory cycle. Q4 guidance calls for $50 billion in revenue and EPS of $31, approximately $6.4 billion above analyst estimates. Shares rose 17% in trading.

Qualcomm Doubles Fiscal 2029 Non-Handset Revenue Target to $40B — Meta CPU Partnership and $3.92B Modular Acquisition Mark Chipmaker's AI Data Center Pivot

Qualcomm more than doubled its fiscal 2029 non-handset revenue target to $40 billion from $22 billion at its Investor Day, announcing Meta Platforms as its first data center customer for the Dragonfly C1000 CPU and a $3.92 billion all-stock acquisition of AI software startup Modular. Shares rose roughly 9% in regular trading after surging 15% in after-hours Wednesday, with data center alone targeted at $15 billion by 2029. Microsoft Azure also confirmed deployment of Qualcomm's High-Bandwidth Compute technology.

Apple Raises MacBook Neo by $100 to $699 and Base iPad by $100 to $449 — Stock Falls 5.3% as 'RAMageddon' Memory Shortage Forces Unprecedented Mid-Cycle Price Hikes

Apple raised prices across its Mac, iPad, HomePod, and Vision Pro lineup, with the entry MacBook Neo rising $100 to $699 and the base iPad increasing $100 to $449, blaming an unprecedented AI-driven memory shortage. CEO Tim Cook had flagged the increases, but the scope caught analysts off guard. Apple stock fell 5.3% as DRAM prices are projected to rise another 58% to 63% this quarter. Microsoft also raised Xbox console prices by up to $150. iPhone, Apple Watch, and AirPods were not affected.

IRGC Strikes Singaporean Vessel Ever Lovely Near Oman — Oil Jumps 2% as IMO Pauses 11,000-Sailor Hormuz Evacuation and Three Tankers Turn Back

Iran's Revolutionary Guard Corps struck the Singaporean-flagged container ship Ever Lovely southeast of Dahit, Oman, with an unknown projectile, causing bridge damage but no crew casualties. The attack halted an IMO plan to evacuate 11,000 sailors stranded in the Strait and sent oil prices jumping 2%, with Brent briefly back above $75. Republican senators simultaneously reversed their votes on an Iran war powers resolution following a heated confrontation with President Trump over opposition to military oversight.