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13:39
U.S. President Donald Trump praises the stock market performance during his second term
US President Trump expressed appreciation for the stock market performance during his second term.
13:39
Citi Predicts Diverging Outlook for US Chip Stocks: Bullish on Micron, Bearish on Qualcomm
On July 6, Citi analysts stated in a research report: "Given that DRAM chip prices are expected to rise in the second half of 2026, we have placed Micron Technology on our 'upward catalyst' watch list; meanwhile, due to weak smartphone sales growth, we have included Qualcomm on our 'downward catalyst' watch list." The analysts noted: "Fundamentally, demand for artificial intelligence computing remains in a state of supply-demand imbalance, as evidenced by the recent 20% increase in AWS EC2 GPU prices. The shortage of DRAM is currently the biggest constraint on computing power supply."
13:34
U.S. Stock Market Open: The Three Major Indexes See Broad Gains, Western Data Rises Over 5%
BlockBeats News, July 6th, at the opening of the US stock market, the Dow rose 0.11%, the S&P 500 rose 0.32%, and the Nasdaq rose 0.78%. Chip stocks rose across the board, with SanDisk (SNDK.O) up 4% and Western Digital (WDC.O) up over 5%. Broadcom (AVGO.O) rose 3.5% as the company's partnership with Apple was extended until 2031.
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