Western Digital's stock (WDC) is down 8.5% due to a broad selloff in semiconductor, memory, and storage names, and concerns about share dilution from recent exchange transactions. Despite the stock drop, the company's underlying business fundamentals appear solid, with recent quarterly results showing revenue growth and strong gross margin. Analyst ratings remain largely positive, with several "Buy" or "Outperform" ratings and a median price target of $537.5.

eBay is hosting "Showdown: 7s v 10s," a livestream event on June 28th, pitting football's iconic shirt numbers against each other. Featuring legendary players Jack Wilshere and Landon Donovan, the event allows fans to bid on curated football memorabilia and trading cards associated with these numbers. This interactive experience aims to connect fans, athletes, and collectors through the rivalry and legacy embedded in football culture.

Flywheel, a division of Omnicom (NYSE: OMC), has launched a new Generative Engine Optimization (GEO) capability. This AI-powered tool is designed to help brands achieve product recommendations on major e-commerce platforms like Amazon, Walmart, and Target by reverse-engineering AI systems to optimize product detail pages. A pilot program with a beauty brand demonstrated significant success, reporting 56% portfolio growth and an 80% increase in clicks and website traffic.

Shares of KLA Corporation, onsemi, and Nova fell after a report that SK Hynix is slowing its high-bandwidth memory (HBM) expansion, shaking the AI-chip market. This triggered widespread selling in semiconductor stocks globally, though analysts suggest the slowdown is more about margin optimization in conventional DRAM rather than cooling AI demand. The dip is seen by some as a buying opportunity following a period of parabolic growth and amidst profit-taking in the sector.

Morgan Stanley has raised its 2026 server market total addressable market (TAM) forecast to $809 billion, citing stronger-than-expected enterprise compute demand driven by shortages, refresh activity, and AI infrastructure needs. The bank increased earnings-per-share forecasts for six enterprise compute companies and upgraded CDW to Overweight, while maintaining TD Synnex as its preferred pick due to its exposure to hyperscalers. Morgan Stanley cautioned that the current "on-prem compute budget inflation" might not be sustainable beyond 2027.

This article compares Serve Robotics (SERV) and Uber Technologies (UBER) as potential investments in the autonomous delivery sector. While Serve Robotics offers a pure-play, high-growth opportunity with its sidewalk robot fleet, it faces significant losses and unproven profitability. Uber, conversely, leverages its vast ecosystem and partnerships for autonomous delivery, demonstrating strong profitability, free cash flow, and lower execution risk, making it the more attractive option for near-to-medium-term investment.

Texas Pacific Land Corporation has reached an agreement with Chevron U.S.A. Inc. to provide land and brackish water resources for a power generation facility supporting a data center in Reeves County, Texas. This project supports Chevron’s Project Kilby development, with Texas Pacific Land contributing surface acreage for cash and exclusive water supply rights. The deal highlights West Texas as a key location for compute infrastructure, demonstrating large-scale energy infrastructure development to meet growing power and technology demands.

Micron Technology is advancing its U.S. memory capacity plan by selecting Bechtel as the construction partner for its new manufacturing complex in Clay, New York. This facility is set to become the largest semiconductor manufacturing facility in the U.S., serving as a cornerstone for American AI-era memory leadership, particularly for high-bandwidth memory (HBM) essential for AI servers. This development follows strong Q2 2026 revenue growth for Micron, driven by AI data-center memory demand.

Netflix is set to release its first original horror video game, "Unhinged," on June 30. The game, which uses phones as controllers and features actors like Zoe Kravitz and Sadie Sink, is part of Netflix's strategy to attract gamers and expand its interactive content offerings. "Unhinged" is a short first-person game designed to be a gateway to other video games on the streaming service.

Shares of KLA Corporation, onsemi, and Nova fell after reports indicated that South Korea's SK Hynix is slowing its high-bandwidth memory (HBM) expansion, causing a sell-off in the AI-chip sector. Despite initial fears of cooling AI demand, analysts suggest this shift is driven by a strategy to redirect capacity to conventional DRAM, where higher operating margins can be achieved. Wedbush analysts view the dip as a buying opportunity, asserting that enterprise demand for AI remains strong.