Memory stocks face headwinds as ‘smart money’ walks out

Memory stocks showed initial promise but are now faltering, weighed down by anxiety surrounding the artificial intelligence market. Sandisk and Western Digital reported declines, while Micron and Seagate experienced modest increases. Despite solid fundamentals and last year’s booming AI infrastructure demand, investors focusing on momentum are shifting their attention to different sectors for potential gains.

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5 world market themes for the week ahead

The Jackson Hole symposium is just around the corner, bringing together central bank chiefs to tackle the pressing issue of global inflation amidst soaring oil