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SanDisk stock: what to expect from last year’s top S&P 500 name in 2026?

SanDisk (NASDAQ: SNDK) was the “top-performing” S&P 500 stock last year, as index inclusion drove institutional capital to the flash memory firm – but Citi sees it pushing higher still in 2026. In her latest research note, senior analyst Asiya Merchant maintained a “buy” rating on SNDK shares, with a $280 price target, indicating potential

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Business

Evening digest: US stocks rally into 2026, Tesla stumbles on deliveries, Trump warns Iran

Global markets and geopolitics set a volatile tone for the start of 2026. US equities are flashing renewed bullish momentum as investors rotate back into risk assets ahead of key economic data and earnings season. Corporate developments underscore shifting sector dynamics, from mounting pressure in the electric vehicle space to consolidation in India’s fast-growing consumer

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US midday market brief: S&P 500 flat as Nvidia, Micron-led chip rally offsets losses

The S&P 500 opened 2026 treading water, with semiconductor stocks, particularly Nvidia and Micron, muscling higher to counterbalance weakness across tech names. The blue-chip Dow inched into positive territory while the Nasdaq slipped roughly 0.2% to 0.3%, painting a classic picture of sector rotation rather than broad confidence. For traders timing the year’s opening moves,

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Business

Micron stock skyrockets nearly 10%: what’s driving AI memory re-rating

Micron stock (NASDAQ: MU) jumped almost 10% on Friday, propelled by a perfect storm of supply scarcity, record earnings momentum, and aggressive Wall Street re-ratings. The stock surge reflects Wall Street’s conviction that Micron has entered a structural era of pricing power and margin expansion tied to AI infrastructure buildout. In early trading, the memory

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XRP starts 2026 under pressure despite SEC settlement, $1.4B spot ETF inflows

The token XRP starts 2026 with its 2025 achievements, including SEC case resolution and US spot exchange-traded fund introduction, but the token performed poorly and reached its lowest point since reaching its peak. XRP reached $3.66 in value during 2025, but then its price dropped by 50% to $1.58 in October before finishing the year

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Business

From AI to gold: 5 Wall Street predictions that could shape 2026

Wall Street’s biggest firms view 2026 as a year where selective themes will matter more than broad market rallies. Rather than betting on another 17% S&P 500 gain, as in 2025, strategists at Goldman Sachs, Morgan Stanley, J.P. Morgan, and Bank of America are pointing toward five specific predictions that could determine which investors win

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Gold’s “tectonic shift”: analyst projects $5,000 price target amid persistent inflation

Ending the year with a stunning 66% gain, gold prices experienced their best annual performance since 1979, holding solid support above $4,300 an ounce.  With the precious metal seeing its third consecutive year of gains, one market strategist suggests there is significant potential for the unprecedented rally to continue into the new year, signaling a

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Bankers pin hopes on big IPOs to reverse London listings slump in 2026

Investment bankers are looking to 2026 as a potential turning point for London’s struggling initial public offering (IPO) market, betting that a small number of large, high-profile listings could help restore confidence after another disappointing year for new listings. Hopes of a revival in 2025 faded as market volatility linked to US President Donald Trump’s

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Business

How Norway engineered world’s highest electric vehicle adoption rate

Norway moved within striking distance of effectively eliminating gasoline and diesel cars from its new car market after electric vehicles accounted for nearly all new registrations last year, reinforcing the country’s position as the world’s leading adopter of EVs. Data published on Friday by the Norwegian Road Traffic Information Council, known as OFV, showed that

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Business

Luxury brands face profit squeeze as discounting soars and shoppers question value

Luxury goods companies are facing renewed pressure on profitability after a sharp rise in discounting during 2025, as consumers increasingly question the value of high-end products following years of aggressive price increases. Industry data shows that as much as 40% of luxury goods were sold at discounted prices last year, undermining margins across the sector,

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