Every super-cycle has two sides. At the start, rising prices look like a dream for suppliers. Revenue jumps. Margins expand. Analysts raise price targets. Investors rush in. The story becomes simple: demand is strong, supply is tight, and the companies selling the scarce product have pricing power. That is exactly what is happening in memory. $Micron Technology(MU)$ and $SanDisk Corp.(SNDK)$ have surged because the market believes memory prices are entering a powerful upcycle. Apple’s warning about rising memory and storage costs made the thesis even stronger. If even Apple cannot avoid higher memory costs, investors assume memory suppliers must be in a very strong position. But every price increase has a b
ServiceNow Surges 10%, Microsoft Jumps 6% — OpenAI Threat Fading?
Software stocks staged a broad reversal as memory shares sold off: ServiceNow led with a 9.85% gain, Microsoft rose 5.71%, Palantir advanced 5.28%. The key catalyst was a meaningful easing of 'OpenAI threat' fears — the overhang from concerns about AI displacing software and OpenAI developing proprietary chips visibly subsided, reinforced by an expanded NOW-IBM partnership, directly reversing last week's narrative that pressured MSFT. Capital rotated from overheated memory hardware back into oversold AI software. Will you chase the software leaders here, or treat this as a dead-cat bounce?
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