Why Shares of Sandisk Fell This Week
Shares of Sandisk (NASDAQ: SNDK), a flash memory company, fell hard this week after 's Google unveiled a new compression algorithm that allows AI models to use far less memory than before.
That sparked fears among Sandisk investors, adding to broader macroeconomic concerns about a potential slowdown in the U.S. economy due to the war in Iran. As a result, Sandisk's stock was down 14.1% this week to Thursday, 4:11 p.m. ET.
Image source: Getty Images.
Source Fool.com
Alphabet Inc. A Aktie
308,80 €
6,79 %
Hohe Buy- und niedrige Sell-Zahlen bei Alphabet Inc. A zeigen ein stark positives Sentiment.
Ein positives Kurspotenzial für Alphabet Inc. A ist gegeben, mit einem Kursziel von 334 € über dem aktuellen Kurs von 308.8 €.
