Cotton futures posted Thursday gains of 25 to 30 points in the front months at the close. Crude oil futures were down $1.72 per barrel on the day at $62.91. The US dollar index was up $0.090 to $96.92. The National Cotton Council estimates the US cotton planted area total...
Cotton futures posted Thursday gains of 25 to 30 points in the front months at the close. Crude oil futures were down $1.72 per barrel on the day at $62.91. The US dollar index was up $0.090 to $96.92. The National Cotton Council estimates the US cotton planted area total...
Kioxia Holdings Corp. ’s shares surged 15% after soaring AI demand helped the Japanese chipmaker deliver a better-than-anticipated results outlook, cementing its position as the world’s best performing major stock of 2026. Kioxia’s stock rose by the most in a month during early morning Friday trade in Tokyo. Its roughly 120% rise this year outpaces every other member of the MSCI World Index , and ...
Kioxia Holdings Corp. ’s shares surged 15% after soaring AI demand helped the Japanese chipmaker deliver a better-than-anticipated results outlook, cementing its position as the world’s best performing major stock of 2026. Kioxia’s stock rose by the most in a month during early morning Friday trade in Tokyo. Its roughly 120% rise this year outpaces every other member of the MSCI World Index , and comes on the heels of a 10-fold surge that made it 2025’s top performer as well. The Japanese firm’s meteoric ascent encapsulates the booming demand for memory as hyperscalers rush to build AI infrastructure. Chips like Kioxia’s are essential for AI training and data centers. Major tech firms have warned of a memory supply crunch amid soaring demand, a deficit that’s likely to inflate prices for NAND and solid-state drives in 2026. Kioxia is also benefiting from the rising importance of NAND flash storage as AI applications demand ever more data. Its results helped drive gains in shares of fellow storage companies including Kioxia’s partner Sandisk Corp. as well as Western Digital Corp. and Micron Technology Inc. Kioxia “beat the market’s already very elevated expectations,” Ortus Advisors’ Andrew Jackson said. Read More: AI Memory Demand Makes Kioxia 2025’s Best-Performing Stock Spun out of the Toshiba Corp. unit that invented NAND flash memory, Kioxia now expects operating income of ¥709.57 billion ($4.6 billion) to ¥799.57 billion in the business year ending March, besting estimates for ¥525.47 billion. Revenue should top ¥2 trillion for the first time, the company said. It’s an extraordinary comeback from a lackluster reception to the company’s initial public offering in 2024. Fears that Kioxia’s largest single shareholder Bain Capital might sell down its stake have weighed on the stock price. Kioxia is now partnering with AI linchpin Nvidia Corp. to develop next-generation NAND technology designed to work alongside high-bandwidth memory chips that would help AI systems...
Explore the exciting world of Intuit (NASDAQ: INTU) with our contributing expert analysts in this Motley Fool Scoreboard episode. Check out the video below to gain valuable insights into market trends and potential investment opportunities!*Stock prices used were the prices of De
Explore the exciting world of Intuit (NASDAQ: INTU) with our contributing expert analysts in this Motley Fool Scoreboard episode. Check out the video below to gain valuable insights into market trends and potential investment opportunities!*Stock prices used were the prices of De