A TON OF THINGS HAPPENED IN TH-To The Moon - Tiger Brokers Online Investing Community - To The Moon

A TON OF THINGS HAPPENED IN THE STOCK MARKET TODAY.

Here's a full recap:

1. SanDisk $SNDK reported Q4 revenue of $8.97B, beating estimates of $8.6B, up 372% YoY and 51% QoQ. Adjusted EPS came in at $39.25 versus $34.45 expected, while adjusted gross margin reached 84.6%, above estimates of 81.5%. Datacenter revenue jumped 103% QoQ to $2.98B, Edge revenue rose 48% QoQ and 392% YoY to $5.43B, while Consumer revenue declined to $556M. For Q1’27, SanDisk guided revenue of $10.3B–$10.8B, below the $11.1B estimate, with adjusted EPS of $44.00–$46.00. The company also announced a new $14B buyback authorization, bringing total remaining repurchase capacity to $15.5B.

2. President Trump warned Iran that if it backs out again, “they’re going to get hit really hard,” adding that the U.S. has “no choice” because Iran cannot be allowed to obtain a nuclear weapon. He also said the Strait of Hormuz will be reopened very soon, either through an agreement or by force, saying, “the Strait is going to be open very soon — or they’re gonna hit very hard.”

3. China’s gold-backed ETFs have seen 14 straight days of inflows through Monday, their longest streak since March. Over that stretch, the funds attracted roughly $1.2B, including a largest single-day inflow of $370M. The rebound follows a sharp reversal after Chinese gold ETFs posted outflows in 38 of 44 trading sessions. The renewed demand comes as volatility in China’s equity market pushes investors, especially institutions, back toward alternative assets. Gold was up about 4% today.

4. U.S. job openings fell by 178,000 in June to 7.36M, the lowest level since March and the second straight monthly decline. Openings are now down 226,000 over the past two months, led by drops in private education and health services (-133,000), leisure and hospitality (-86,000), wholesale trade (-74,000), and professional and business services (-71,000). Even with the slowdown, there are still 265,000 more job openings than unemployed workers, the second-largest gap since January 2025. The job openings-to-unemployed ratio remains at 1.0, its highest level since January 2025.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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SanDisk $SNDK reported Q4 revenue of $8.97B, beating estimates of $8.6B, up 372% YoY and 51% QoQ. Adjusted EPS came in at $39.25 versus $34.45 expected, while adjusted gross margin reached 84.6%, above estimates of 81.5%. Datacenter revenue jumped 103% QoQ to $2.98B, Edge revenue rose 48% QoQ and 392% YoY to $5.43B, while Consumer revenue declined to $556M. For Q1’27, SanDisk guided revenue of $10.3B–$10.8B, below the $11.1B estimate, with adjusted EPS of $44.00–$46.00. The company also announced a new $14B buyback authorization, bringing total remaining repurchase capacity to $15.5B.</p>\n<p>2. President Trump warned Iran that if it backs out again, “they’re going to get hit really hard,” adding that the U.S. has “no choice” because Iran cannot be allowed to obtain a nuclear weapon. He also said the Strait of Hormuz will be reopened very soon, either through an agreement or by force, saying, “the Strait is going to be open very soon — or they’re gonna hit very hard.”</p>\n<p>3. China’s gold-backed ETFs have seen 14 straight days of inflows through Monday, their longest streak since March. Over that stretch, the funds attracted roughly $1.2B, including a largest single-day inflow of $370M. The rebound follows a sharp reversal after Chinese gold ETFs posted outflows in 38 of 44 trading sessions. The renewed demand comes as volatility in China’s equity market pushes investors, especially institutions, back toward alternative assets. Gold was up about 4% today.</p>\n<p>4. U.S. job openings fell by 178,000 in June to 7.36M, the lowest level since March and the second straight monthly decline. Openings are now down 226,000 over the past two months, led by drops in private education and health services (-133,000), leisure and hospitality (-86,000), wholesale trade (-74,000), and professional and business services (-71,000). Even with the slowdown, there are still 265,000 more job openings than unemployed workers, the second-largest gap since January 2025. The job openings-to-unemployed ratio remains at 1.0, its highest level since January 2025.</p></body></html>","htmlText":"<html><head></head><body><p>A TON OF THINGS HAPPENED IN THE STOCK MARKET TODAY.</p>\n<p>Here's a full recap:</p>\n<p>1. SanDisk $SNDK reported Q4 revenue of $8.97B, beating estimates of $8.6B, up 372% YoY and 51% QoQ. Adjusted EPS came in at $39.25 versus $34.45 expected, while adjusted gross margin reached 84.6%, above estimates of 81.5%. Datacenter revenue jumped 103% QoQ to $2.98B, Edge revenue rose 48% QoQ and 392% YoY to $5.43B, while Consumer revenue declined to $556M. For Q1’27, SanDisk guided revenue of $10.3B–$10.8B, below the $11.1B estimate, with adjusted EPS of $44.00–$46.00. The company also announced a new $14B buyback authorization, bringing total remaining repurchase capacity to $15.5B.</p>\n<p>2. President Trump warned Iran that if it backs out again, “they’re going to get hit really hard,” adding that the U.S. has “no choice” because Iran cannot be allowed to obtain a nuclear weapon. He also said the Strait of Hormuz will be reopened very soon, either through an agreement or by force, saying, “the Strait is going to be open very soon — or they’re gonna hit very hard.”</p>\n<p>3. China’s gold-backed ETFs have seen 14 straight days of inflows through Monday, their longest streak since March. Over that stretch, the funds attracted roughly $1.2B, including a largest single-day inflow of $370M. The rebound follows a sharp reversal after Chinese gold ETFs posted outflows in 38 of 44 trading sessions. The renewed demand comes as volatility in China’s equity market pushes investors, especially institutions, back toward alternative assets. Gold was up about 4% today.</p>\n<p>4. U.S. job openings fell by 178,000 in June to 7.36M, the lowest level since March and the second straight monthly decline. Openings are now down 226,000 over the past two months, led by drops in private education and health services (-133,000), leisure and hospitality (-86,000), wholesale trade (-74,000), and professional and business services (-71,000). Even with the slowdown, there are still 265,000 more job openings than unemployed workers, the second-largest gap since January 2025. The job openings-to-unemployed ratio remains at 1.0, its highest level since January 2025.</p></body></html>","text":"A TON OF THINGS HAPPENED IN THE STOCK MARKET TODAY. Here's a full recap: 1. SanDisk $SNDK reported Q4 revenue of $8.97B, beating estimates of $8.6B, up 372% YoY and 51% QoQ. Adjusted EPS came in at $39.25 versus $34.45 expected, while adjusted gross margin reached 84.6%, above estimates of 81.5%. Datacenter revenue jumped 103% QoQ to $2.98B, Edge revenue rose 48% QoQ and 392% YoY to $5.43B, while Consumer revenue declined to $556M. For Q1’27, SanDisk guided revenue of $10.3B–$10.8B, below the $11.1B estimate, with adjusted EPS of $44.00–$46.00. The company also announced a new $14B buyback authorization, bringing total remaining repurchase capacity to $15.5B. 2. President Trump warned Iran that if it backs out again, “they’re going to get hit really hard,” adding that the U.S. has “no choice” because Iran cannot be allowed to obtain a nuclear weapon. He also said the Strait of Hormuz will be reopened very soon, either through an agreement or by force, saying, “the Strait is going to be open very soon — or they’re gonna hit very hard.” 3. China’s gold-backed ETFs have seen 14 straight days of inflows through Monday, their longest streak since March. Over that stretch, the funds attracted roughly $1.2B, including a largest single-day inflow of $370M. The rebound follows a sharp reversal after Chinese gold ETFs posted outflows in 38 of 44 trading sessions. The renewed demand comes as volatility in China’s equity market pushes investors, especially institutions, back toward alternative assets. Gold was up about 4% today. 4. U.S. job openings fell by 178,000 in June to 7.36M, the lowest level since March and the second straight monthly decline. Openings are now down 226,000 over the past two months, led by drops in private education and health services (-133,000), leisure and hospitality (-86,000), wholesale trade (-74,000), and professional and business services (-71,000). Even with the slowdown, there are still 265,000 more job openings than unemployed workers, the second-largest gap since January 2025. 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