SanDisk Stock Rebounds Above $1,400 Despite Weak Revenue Outlook as Wall Street Maintains Bullish Long-Term View

SanDisk (NASDAQ: SNDK) remains one of the most closely watched semiconductor stocks after recovering above the $1,400 mark, even as investors reacted to weaker-than-expected revenue guidance for the upcoming quarter. The memory and storage company has experienced sharp price swings over the past few weeks, highlighting both the opportunities and risks facing investors in the fast-moving semiconductor sector.

S&P 500 Futures Steady After Record Rally as AI Earnings and Lower Oil Prices Boost Market Sentiment

US stock futures remained largely stable after a powerful rally pushed the S&P 500 index to a fresh record high, with investors continuing to assess strong corporate earnings, artificial intelligence-driven growth and improving geopolitical sentiment. The broad market index closed above the 7,700 level for the first time after a sharp advance across major Wall Street benchmarks.

Microsoft Shares Jump 8% as AI Growth Boosts Azure and Copilot, Meta Falls 9%

New York: Microsoft shares surged around 8% in premarket trading, while Meta Platforms shares dropped about 8.5% as investors reacted differently to the latest results from two of Big Tech’s major artificial intelligence players. Microsoft’s growth in its Azure cloud and Copilot businesses signalled that its heavy AI investment is beginning to generate stronger returns, while Meta’s revenue guidance fell short of market expectations.