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
Published
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
Published
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 lineup changes
No lineup changes this day.
← Wednesday, June 24, 2026 · Friday, June 26, 2026 → · June 2026 archive · Archive