Joining me now, Kevin Mann, president and chief investment officer at Hennian and Walsh Asset Management. Kevin, great to have you back at the desk. >> Great to be back.I love being at the New York Stock. >> Well, we love having you. I want to check in on your market sentiment because you were last on in January.You were optimistic, but said geopolitics was the biggest risk. >> Got that one right. >> Now that we're in it, >> are you leaning into this market or are you more cautious now.Yeah, I I think for t ...

Memory makers, for the most part, have soared above the fray. ...

While the market has pulled back from its all-time highs in 2026 over concerns about the broader economy, not all stocks have gotten the memo. In the tech sector, there are at least two artificial intelligence (AI) stocks still trading near their highs. Let's take a closer look at these two stocks that apparently didn't get the memo to pull back in this uncertain economy. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensabl ...

Quick Read SanDisk (SNDK) stock fell 5% to less than $740 even though the company has reported Q4 revenue of $3.025B, up 61% year-over-year. The selloff reflects competitive supply concerns from Micron Technology’s (MU) capital spending plans and profit-taking after SanDisk stock’s 208% year-to-date rally. A recent study identified one single habit that doubled Americans’ retirement savings and moved retirement from dream, to reality. Read more here. Sandisk (NASDAQ:SNDK) stock is down 5% in Frida ...

JHVEPhoto/iStock Editorial via Getty Images Listen below or on the go via Apple Podcasts and Spotify Micron (MU) slides even as Q2 results, guidance blow past forecasts on AI strength. (00:13) AI drone firm Swarmer (SWMR) jumps 1,000% in two days. (01:41) Trump: Israel hit Iran gas field, no US/Qatar role; warns against Qatar attacks. (02:56) This is an abridged transcript. Micron Technology (MU) is down 5.2% in premarket action even after reporting fiscal second-quarter results and guidance that top ...

This was a phenomenal quarter, a blockbuster quarter in terms of the aggregate numbers, in terms of the growth, in terms of the margins. I don't think there's a number in here that you can really quibble with. However, I am curious as to where we are in this supercycle or whatever we want to call it right now, and whether investors should still be riding it or maybe be a little bit more cautious.Yeah, remain so. I think we still have some some room to go. Memory is very much a supply driven business.So it's ...

today. Welcome back to Morning Trade Live. It's time now for the big picture.So, let's welcome in Joe Zola, head trading derivative strategist over at Charles Schwab. Joe, good morning to you. Uh, I suppose higher oil, hotter than expected PPI.We'll do it for you today. Seeing a pull back in stocks. Just walk us through your thoughts.>> Yeah, stocks got hit with a couple whammies this morning, didn't they. Uh so >> yeah, >> you know, you saw Bren Oil push above 108 off the the news that uh Iran says, "Hey, ...

Core Insights - Nebius announced a five-year AI infrastructure agreement with Meta Platforms valued at up to $27 billion, indicating a significant acceleration in hyperscaler AI spending [2][5] - Stocks of Lumentum, SanDisk, and IREN have rallied due to the validation of AI infrastructure buildout linked to the Meta-Nebius deal [2][6] Lumentum Holdings (LITE) - Lumentum's stock increased by approximately 6%, trading around $657, and has risen 69% year to date [9][11] - The company reported Q2 FY2026 revenue of $665.5 million, up 65.5% year over year, with non-GAAP EPS of $1.67, exceeding estimates by 18.57% [11] - Q3 guidance suggests revenue of $780 million to $830 million, indicating over 85% year-over-year growth [12] - Lumentum's products are critical for AI data centers, benefiting from increased commitments to AI infrastructure [10][12] SanDisk (SNDK) - SanDisk's stock surged approximately 8% to around $715, with a 202% increase year to date [13][15] - The company reported Q2 FY2026 revenue of $3.03 billion, up 61.2% year over year, with data center segment revenue increasing by 76% [15] - Q3 guidance anticipates revenue of $4.4 billion to $4.8 billion, with non-GAAP EPS projected between $12 to $14 [15][16] - SanDisk's strategic shift to multi-year data center supply deals positions it well in the AI era [16] IREN (IREN) - IREN's stock rose approximately 7% to around $44.58, building on a 13.3% gain over the past week [17] - The company operates renewable-powered data centers supporting both Bitcoin mining and AI workloads, with a $9.7 billion GPU cloud services contract secured with Microsoft [18] - IREN's AI Cloud revenue nearly tripled sequentially to $17.3 million, indicating rapid growth [19] - Analysts have a consensus target of $80 for IREN stock, with 10 buy ratings against one strong sell [19] Industry Overview - The $27 billion commitment from Meta Platforms signals a multi-year trend in AI infrastructure spending, impacting various sectors from optical interconnects to GPU-powered cloud compute [20] - The deal is seen as a confirmation of a sustained AI infrastructure supercycle, although some analysts caution that it does not guarantee long-term returns for adjacent companies [21]

Company Overview - Lumentum manufactures optical and photonic components essential for AI data centers, facilitating high-speed communication between GPUs [1] - The company recently joined the S&P 500, which may lead to increased buying from index funds [7] Stock Performance - Lumentum's stock is currently trading around $657, up approximately 6% today, 11% over the past week, and 69% year-to-date [2] - Analysts have a consensus target of $661 for Lumentum stock, with 14 buy ratings and zero sells [8] Financial Performance - Lumentum reported Q2 FY2026 revenue of $665.5 million, a 65.5% increase year-over-year, with non-GAAP EPS of $1.67, exceeding estimates by 18.57% [8] - Q3 guidance suggests revenue between $780 million and $830 million, indicating over 85% year-over-year growth [8] Market Signals - The $27 billion agreement between Nebius and Meta Platforms is seen as a strong signal for increased AI infrastructure spending, positively impacting companies like Lumentum [5][16] - The deal has led to a broader rally in optical networking stocks, including Lumentum, SanDisk, and IREN, as it validates the demand for AI infrastructure [6][16] Related Companies - SanDisk's stock has surged 202% year-to-date, with Q2 FY2026 revenue of $3.03 billion, up 61.2% year-over-year [9][11] - IREN's stock is up approximately 7%, with a focus on renewable-powered data centers and a $9.7 billion GPU cloud services contract with Microsoft [13][14]

Core Viewpoint - Micron Technology, Inc. is expected to report earnings on March 18th, benefiting from the ongoing Artificial Intelligence boom which is providing significant tailwinds for the memory industry [1]. Group 1: Company Overview - Micron Technology, Inc. (MU) is positioned in the memory industry, which is currently experiencing growth due to advancements in Artificial Intelligence [1]. Group 2: Investment Focus - The Cash Flow Club emphasizes investing in businesses with strong cash generation and significant durability, suggesting that Micron could be a potential investment opportunity if bought at the right time [1].