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Sandisk stock price has suffered a harsh reversal recently as the recent bull run hits a wall. SNDK dropped by 14% on Friday, reaching its lowest level since June 11. It has now slumped by 25% this year, even as top Wall Street analysts have maintained their bullish outlook.Top analysts are bullish on Sandisk stockSandisk stock has done well in the past 18 months, making it the best gainer in the S&P 500 Index. It jumped by 4,000% in the last 12 months, with its market capitalization crossing the $300 billion mark.Despite these gains, analysts are highly bullish on the…

Tesla stock (TSLA) rose on Monday, recovering some of last week’s sharp losses after investors sold the stock despite a stronger-than-expected second-quarter delivery report.The rebound came as the electric-vehicle maker expanded its robotaxi service to Miami, adding another city to its autonomous ride-hailing network.Shares of Tesla climbed about 3% to $405.11 in early trading. The move was also supported by broader market optimism, with the S&P 500 up 0.6% and the Nasdaq climbing around 1%.Miami robotaxi launch marks latest expansionThe stock gained after Tesla announced that its robotaxi service became available in Miami from July 3, extending the company’s autonomous…

USDJPY currency pair can be expected to rise to the next resistance level 163.00 (which stopped earlier impulse wave at the end of June). USDJPY reversed from support zone Likely to rise to resistance level 163.00 USDJPY currency pair recently reversed up from the support area located between the key support level 160.50 (former strong resistance which stopped the previous minor impulse wave i at the end of April, as can be seen from the daily USDJPY chart below) and the 38.2% Fibonacci correction of the upward impulse from the start of May. The upward reversal from this support zone…

Ripple has received full authorisation of its Crypto Asset Service Provider (CASP) license from Luxembourg’s Commission de Surveillance du Secteur Financier (CSFF), completing its Markets in Crypto-Assets (MiCA) requirements and clearing the company to offer regulated crypto asset services across all 30 countries of the European Economic Area. The authorisation, announced on 6 July 2026, follows the preliminary approval Ripple received in June and confirms the company as fully MiCA-compliant. Its end-to-end regulated crypto payments product now reaches financial institutions, corporates and businesses throughout the bloc. Ripple Clears The Final MiCA Step The CSSF moved the company from conditional clearance…

Top FTSE 100 Index stocks, including BAE Systems, Babcock International, and IAG, are rising today, even as the index remains stuck within a narrow trading range at its highest point since March this year. IAG shares are rising after the EasyJet buyout and falling jet fuel pricesIAG, the parent company of British Airways, LEVEL, and Aer Lingus, is rising after EasyJet agreed to be acquired by Castlelake, an American company. The acquisition means that investors see value in the airline industry, with analysts predicting a wave of mergers and acquisitions (M&A) in Europe. It is common for companies in a sector to…

US futures pushed higher on Monday as Wall Street tried to extend last week’s rally with help from two familiar supports: steadier chip stocks and cheaper oil.The Dow is coming off a record close, while the S&P 500 and Nasdaq remain underpinned by hopes that the AI trade is broadening rather than breaking. Lower crude prices are also easing some inflation anxiety after OPEC+ agreed to lift output again and shipping through the Strait of Hormuz continued. The week ahead is lighter on data, but Fed minutes and early earnings signals could still set the tone.5 things to know before…

The market has this one backwards: Nvidia (NVDA) did not sell off because the AI trade broke — it sold off because record results stopped being enough. The stock closed at $197.58 on July 3, 2026, down roughly 18% from its May 14 record close of $235.47 (TIKR), despite reporting $81.6 billion in quarterly revenue, up 85% year-on-year, with 75% gross margins and $91 billion guided for the current quarter (Nvidia Q1 FY2027 results, May 20, 2026). Wall Street’s mean target sits near $303, with the highest published target at $500 and the lowest at $250 (TipRanks, July 5, 2026)…

The Financial Conduct Authority has warned that millions of consumers holding older pension products may be receiving poorer value than customers invested in newer products, as it called on pension providers to improve legacy offerings that have been closed to new business for years. Following a multi-firm review of unit-linked non-workplace pensions and long-term savings products, the regulator found that complex charging structures, outdated product designs and weaknesses in firms’ customer data are preventing some savers from receiving value comparable with more modern pension products. The findings form part of the FCA’s ongoing Consumer Duty work and increase pressure on…

The Vanguard S&P 500 ETF (VOO) stock has pulled back in the past seven consecutive days and is hovering at its lowest level since June 11. There is a risk that the recent stock market rally is about to take a breather. S&P 500 Index has fallen despite some major good newsThe S&P 500 Index and its top ETFs, like VOO and SPY have pulled back despite some good news, including the recent US-Iran deal that has pushed crude oil pricesmuch lower than where they were a few months ago. Brent has dropped to $70, while the West Texas Intermediate (WTI)…

Micron Technology’s MU shares fell sharply on Friday, giving up part of the gains recorded earlier in the week despite the memory chipmaker reporting stronger-than-expected quarterly results.The stock declined nearly 5% in premarket trading as weakness spread across the broader semiconductor sector. Other US chipmakers also traded lower, with Intel down just over 3%, Sandisk falling 5%, Arm shedding 4%, and Marvell declining 3.7%.The decline came as investors remained cautious about the rising costs associated with artificial intelligence infrastructure, triggering a broader sell-off across global semiconductor stocks.Semiconductor stocks under pressure worldwideThe weakness extended beyond the United States.In Europe, ASML fell…