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Micron Surges as AI Spending Highlights Memory Supply Constraints
Micron Technology (NASDAQ: MU) gained 3.2% on Thursday as the Nasdaq fell 2.15%, with investors favoring memory suppliers amid Alphabet's $15B capex increase and Tesla's demand comments.
Amkor Technology Surges 13% After Landing $1.5B Nvidia Packaging Deal
Amkor Technology shares rose 13.3% in after-hours trading after securing a $1.5 billion packaging contract with Nvidia, which includes an advance payment to expand U.S. capacity.
SpaceX Starship Flight 13 Rescheduled; Heavy Short Interest Looms
SpaceX's Starship Flight 13 moved to Friday due to weather, with 56% of free float shorted. Traders eye Monday gap risk after the post-IPO test.
Bitmine Stock Slips Despite Buyback Driving Ether-Per-Share Growth
Bitmine (NYSE:BMNR) dropped 6.5% to $16.59, with a $85.9M buyback contributing 88% of the weekly Ether-per-share gain.
Newmont's Q2 Cash Flow Surges Despite Lower Gold Output
Newmont's Q2 free cash flow jumped 29% to $2.21 billion, boosted by higher gold prices, even as gold production dropped 13%.
PG&E Stock Drops 3% Despite Earnings Beat as Data Center Growth Remains Nascent
PG&E (NYSE:PCG) shares slid 3.1% to $17.54 despite core EPS beating estimates by 11%, as its data center pipeline surged to 12.71 GW but only 5% has reached agreements or construction.
AMD Stock Falls 2.3% on Helios AI Rack Production News, Despite Pre-Event Rally
AMD shares fell 2.29% to $539.69 after Helios AI rack production news, despite a prior 11.4% rally. Revenue from Helios is not expected until late Q3, with OpenAI's broad rollout later in 2026.
Deckers Outdoor Shares Slide as Buybacks Support EPS Amid Profit Decline
Deckers Outdoor (NYSE:DECK) shares dropped 6.1% in after-hours trading after reporting a 6.6% decline in net income, though EPS increased due to aggressive share buybacks.
Martha Stewart Lamp at Marshalls Highlights TJX Home Segment Growth
TJX's HomeGoods segment reported a 40% jump in operating profit, with sales up 11%. A $70 Martha Stewart lamp at Marshalls illustrates the company's home goods appeal and margin growth.
SSI Payment Shift May Boost Walmart's Q2 Sales
The August 2026 SSI payment moves to July 31, aligning with Walmart's fiscal quarter end and potentially boosting Q2 sales. Dollar General and Dollar Tree see no timing change.
ServiceNow Shares Slide 3.7% on Weaker H2 Forecast
ServiceNow shares dropped 3.7% after its 2026 forecast suggested softer H2 performance, with subscription revenue $44.5 million below earlier projections.