Stock Market Update
25-Jun-26 14:30 ET
S&P 500 higher; Dell Technologies lags, SanDisk surges on Micron strength
Dow +207.81
at 52056.71,
Nasdaq -33.29
at 25464.34,
S&P +15.23
at 7373.45
[BRIEFING.COM] The S&P 500 (+0.21%) is in second place to this point in the session, up about 15 points.
Briefly, S&P 500 constituents Dell (DELL 409.37, -24.69, -5.69%), Palantir Technologies (PLTR 107.60, -5.90, +5.20%), and Cognizant Tech (CTSH 39.30, -2.14, -5.16%) dot the bottom of the standings. DELL slides as broader tech weakness and a zero-sum AI trade narrative, where strong Micron (MU 1221.21, +172.70, +16.47%) results are viewed as shifting margins rather than lifting all boats, outweighed otherwise positive AI infrastructure read-throughs, even though analysts still highlighted solid server demand and AI-driven shipment upside.
Meanwhile, Sandisk (SNDK 2301.61, +387.15, +20.22%) bubbles to the top of the average as strong Micron results and bullish Citigroup commentary highlighted tighter-than-expected NAND supply, rising AI-driven storage demand, and improving pricing power, prompting a sharp sector re-rating with SNDK as the highest-beta beneficiary.
