Apple Hits $5 Trillion as AI Stocks Slide on Anthropic Slowdown and Inflation
Apple’s first close above $5 trillion came as AI stocks sold off on Anthropic’s weaker sequential growth and a hotter-than-expected CPI.
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Toshiba denies report of a Seagate bidding fight for TDK’s hard-drive heads
Bloomberg said Seagate and Toshiba are competing for TDK’s HDD head business. Toshiba says the report does not match its understanding.
Chip and AI Stocks Drop After CEOs Urge Caution on Development Pace
AI leaders including Amodei, Altman and Musk call to pace the frontier. Chip, memory and networking stocks fall as investors weigh spending and IPOs.
BofA Keeps Micron as Top Memory Pick as SanDisk Signals Structural AI-Driven Growth
BofA reaffirms Micron as its top memory pick, citing SanDisk’s outlook as proof AI is making demand more durable. Sees $200–$250 EPS by 2030.
Sandisk Outlines Bold AI-Driven Roadmap and Long-Term Financial Model Through 2030
Sandisk shares rose as the company unveiled its AI storage roadmap, BiCS10 & HBF tech, durable deals, and a FY2028-30 plan targeting high teens growth, 80% margins, and 100% excess cash returns.
Sell-the-News Hit: SNDK and WDC Drop After Strong Beats and Solid Guidance
Sandisk and Western Digital beat Q4 estimates but shares dropped after-hours on profit-taking and guidance that fell short of ultra-bullish forecasts.