MILPITAS, Calif. — Shares of SanDisk Corp. surged more than 7.5% Thursday, pushing the pure-play NAND flash and solid-state drive maker to fresh record highs near $840 as booming demand for high-capacity storage in artificial intelligence data centers continued to fuel one of the most dramatic rallies on Wall Street in 2026.
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Salomon Bros. Banker's Assistant Admits Stealing Nearly $10M to Fund Designer Spree
A former personal assistant has pleaded guilty to stealing nearly $10 million from her elderly employers to fund a luxury shopping spree.
USPS Freezes Contributions to Federal Employee Pension Plan Amid Funding Strain
USPS pauses pension contributions to conserve cash as financial losses raise concerns about a potential funding crisis.
Justice Department Targets NFL in Probe That Could Challenge Broadcast Monopoly
The DOJ investigates the NFL's broadcast model over rising costs and concerns it may limit competition and fan access.
Elon Musk's xAI Challenges Colorado Law Restricting AI System Development
Elon Musk's xAI has filed a lawsuit to block Colorado's new AI law, arguing it violates free speech and could slow down AI development in the U.S.
Latest News
SANTA CLARA, Calif. — Intel Corp. shares climbed more than 2.5% Thursday, breaking above $60 for the first time in years, as renewed optimism around the chipmaker's foundry business, a high-profile partnership with Elon Musk's Terafab project and a fresh analyst upgrade lifted sentiment amid a broader technology sector rebound.
A28 Olympic ticket prices spark backlash as CEO Reynolds Hoover defends costs and promises more affordable ticket releases.
FedEx pilots secure a tentative deal with major pay raises and retroactive bonuses after nearly five years of negotiations.
Disney plans to lay off up to 1,000 employees as new CEO Josh D'Amaro begins leadership amid ongoing cost-cutting efforts.
Ford requests temporary relief from 25% aluminum tariffs after Novelis fires disrupt U.S. vehicle production.
Iran's plan to collect tolls in the Strait of Hormuz faces pushback from global trade officials over freedom of navigation concerns.
JPMorgan CEO Jamie Dimon warns high taxes in New York City could drive businesses and workers to relocate to lower-cost areas.
Ford recalls over 422,000 vehicles in the U.S. due to faulty wiper arms that may fail and increase crash risk.
Delta and Southwest Airlines raise checked bag fees as rising fuel costs tied to Middle East tensions impact the aviation industry.
