SanDisk Told Investors Margins Will Fall, SNDK Stock Rose 14% Anyway
SanDisk guided long-term margins below current levels, yet the stock rose 14%. Its five-quarter margin record explains why.
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SanDisk guided long-term margins below current levels, yet the stock rose 14%. Its five-quarter margin record explains why.
Bank of America raised its 2030 server CPU market forecast to more than $210 billion this week and kept AMD as its top pick. The options market disagrees, with traders now holding more bearish contracts on AMD stock than bullish…
Payward's revenue rose 17% while Coinbase's fell 18%. So why did the Kraken parent's profit still collapse 71%?
BeInCrypto’s review of Europe’s licensing register finds a market led by custody firms and banks. Trading-venue permissions remain rare, Circle dominates compliant stablecoin supply, and enforcement is concentrated in one country. Europe’s crypto transition period ended on 1 July 2026.…
Hong Kong's first HKD stablecoin went live on Aug. 12, but only institutions can hold it. Retail waits until late 2026.
Steve Eisman has pointed to what he sees as the Achilles’ heel of the artificial intelligence (AI) boom, and it traces back to just two companies sitting at the center of it. The “Big Short” investor made the case on…
Nvidia stock (NVDA) is trading near record highs at $225.30, up about 7% this week, ahead of its August 26 earnings report. Yet history carries a warning. The stock has dropped the day after earnings six times since August 2024,…
OpenAI revenue run rate tops $40 billion and doubles from 2025, even as senior executives head for the exit.
Bit Digital stock climbed after the company reported a $107.2 million net loss for the second quarter, breaking from the sell-off that punished rival crypto-linked shares this week. The Nasdaq-listed Ethereum (ETH) treasury and artificial intelligence (AI) infrastructure firm booked…
Baltimore has sued prediction market operators Kalshi and Polymarket, accusing both of running unlicensed sportsbooks in the city. Mayor Brandon Scott and the City Council filed the complaints Thursday in Circuit Court for Baltimore City. Baltimore Sues Kalshi and Polymarket…
The Ethereum Foundation is abandoning the Poseidon hash function on its base layer, moving to options like SHA or BLAKE, according to researcher Justin Drake. The shift reshapes the network’s long-term plan to resist future quantum computers. Drake announced the…
Upbit will end trading support for Storj (STORJ), JasmyCoin (JASMY), and ThunderCore (TT) on September 14 at 3 p.m. KST, delisting six trading pairs from South Korea’s largest crypto exchange. The notices were published on Friday afternoon in Seoul. For…