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The memory-chip rally added more to the S&P 500 today than Nvidia did
·3 min read
Eight memory and storage chipmakers added a combined 0.23 index points to the S&P 500 on September 4, more than Nvidia's 0.07, as SanDisk jumped 11.9% on a DRAM and NAND price surge. The index still closed down 0.34%.
sp500semiconductorstechnologyPalo Alto Networks fell for a third straight day, and it took the rest of cybersecurity software with it
·3 min read
$PANW is down 14% over two sessions since its earnings report, including a 9.28% drop today. $CRWD, $DDOG and $FTNT fell alongside it with no earnings of their own — the same basket that rallied together a week earlier.
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