Micron printed a monster quarter, AMD caught the sympathy bid, and software slipped as we finally remembered someone has to pay for all these chips
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Morning brief: Micron just dropped forty billion to save the AI trade, Microsoft is dodging Copilot lawsuits, and we are officially out of patience for Nike's China turnaround
Micron Earnings Ignite A Semi Rally: Micron's historic $41.4B quarter and 17% pre-market surge is dragging the entire AI chip complex higher. Thermo Fisher Jumps On AI Push: Shares jumped 5% after the company showcased new AI-enabled mass spectrometers and attracted heavy institutional buying. Microsoft Dips On Fraud Lawsuit Fears: Shares slid 2% as a looming securities fraud lawsuit over Copilot's AI capabilities shakes investor confidence. Nike Slips On BTIG Target Cut: BTIG slashed its price target to $55 ahead of earnings, citing a stubbornly slow turnaround in China. Watch The AI Chip Cycle Test: Today's open tests if Micron's blowout numbers can successfully re-anchor sentiment across the volatile AI trade.
Micron Earnings Ignite A Semi Rally
Micron's historic $41.4B quarter and 17% pre-market surge is dragging the entire AI chip complex higher.
Thermo Fisher Jumps On AI Push
Shares jumped 5% after the company showcased new AI-enabled mass spectrometers and attracted heavy institutional buying.
Microsoft Dips On Fraud Lawsuit Fears
Shares slid 2% as a looming securities fraud lawsuit over Copilot's AI capabilities shakes investor confidence.
Nike Slips On BTIG Target Cut
BTIG slashed its price target to $55 ahead of earnings, citing a stubbornly slow turnaround in China.
Watch The AI Chip Cycle Test
Today's open tests if Micron's blowout numbers can successfully re-anchor sentiment across the volatile AI trade.
Posture: Defensive with tactical tech exposure. With the Fear & Greed Index at 26 (Fear), markets are cautious despite strong AI semiconductor earnings.
Tickers in focus: MU, MSFT, NKE
Upcoming earnings
Evening brief: Micron printed a monster quarter, AMD caught the sympathy bid, and software slipped as we finally remembered someone has to pay for all these chips
Micron Sparks Mixed Tech Session: Micron's massive earnings sparked a chip rally, but the Nasdaq slipped as AI CapEx cost fears escalated. AMD Rallies on Micron Sympathy: AMD surged 2.60% as Micron's monster earnings beat validated the intense demand for AI data center chips. Microsoft Sinks on CapEx Jitters: Shares slid 3.45% on swift analyst target cuts, surging AI CapEx fears, and a new Copilot lawsuit. ServiceNow Dumps on Margin Fears: The stock plunged 4.56% after a brutal new Sell rating cited weakening gross margins and delayed enterprise deals. AI Spending Debate Takes Stage: With chipmakers flying and software margins squeezed, watch if mega-caps can justify massive AI costs tomorrow.
Micron Sparks Mixed Tech Session
Micron's massive earnings sparked a chip rally, but the Nasdaq slipped as AI CapEx cost fears escalated.
AMD Rallies on Micron Sympathy
AMD surged 2.60% as Micron's monster earnings beat validated the intense demand for AI data center chips.
Microsoft Sinks on CapEx Jitters
Shares slid 3.45% on swift analyst target cuts, surging AI CapEx fears, and a new Copilot lawsuit.
ServiceNow Dumps on Margin Fears
The stock plunged 4.56% after a brutal new Sell rating cited weakening gross margins and delayed enterprise deals.
AI Spending Debate Takes Stage
With chipmakers flying and software margins squeezed, watch if mega-caps can justify massive AI costs tomorrow.
Posture: Defensive Accumulation. With the Fear index at 25 and AI software CapEx under heavy scrutiny, we are targeting hardware winners and value.
Tickers in focus: MU, AMD, MSFT
Upcoming earnings
The day's moves on the ledger
No slate changes were logged this day.
← Wednesday, June 24, 2026 · Friday, June 26, 2026 → · Archive