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Update: Tech","url":"https://stock-news.laohu8.com/highlight/detail?id=2659902447","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2659902447?lang=en_us&edition=fundamental","pubTime":"2026-08-13 03:19","pubTimestamp":1786562377,"startTime":"0","endTime":"0","summary":"Tech stocks were higher late Wednesday afternoon, with the State Street Technology Select Sector SPDR ETF  rising 1.6% and the State Street SPDR S&P Semiconductor ETF  adding 2.9%The Philadelphia Semiconductor index climbed 3.2%.In corporate news, Apple  has hired longtime American Airlines  executive Nate Gatten as its head of government affairs, effective Aug. 31, Bloomberg reported, citing a company memo it viewed. Kate Adams, who had served as senior vice president of government affairs, will remain in an advisory role until Oct. 1, the report said, citing the memo. 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Hong said in the statement.Netlist said Micron manufactures its infringing memory products overseas and that its ITC action is intended to prevent those products from entering the US.Micron did not immediately respond to a request for comment from MT Newswires.Price: 924.00, Change: +55.48, Percent Change: 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billion.","market":"us","thumbnail":"https://resource.tradingkey.com/cms_uploads/img/20230814/292a73ea96beb98e5f665e124a82e00c.jpg","type":0,"news_type":0,"thumbnails":["https://resource.tradingkey.com/cms_uploads/img/20230814/292a73ea96beb98e5f665e124a82e00c.jpg"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tradingkey.com/news/market-movers/262099952-market-movers-glw-20260812","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU2543165471.USD","LU1720051108.HKD","LU0348723411.USD","LU1720051017.SGD","BK4585","LU2357305700.SGD","LU1992135472.HKD","IE00BFMHRM44.USD","GLWG","BK4588","LU1804176565.USD","BK4512","LU2473716301.USD","GLW","LU2272731782.SGD","LU1992135399.USD","LU2322448957.HKD","BK4148","LU2265009873.SGD","LU2322448791.USD","LU2272731600.USD","LU2272731865.HKD","RULE","LU1548497426.USD"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2659490908","title":"Western Digital Corp Stock (WDC) Moved Up by 4.79% on Aug 12: Key Drivers Unveiled","url":"https://stock-news.laohu8.com/highlight/detail?id=2659490908","media":"TradingKey","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2659490908?lang=en_us&edition=fundamental","pubTime":"2026-08-13 00:15","pubTimestamp":1786551326,"startTime":"0","endTime":"0","summary":"• Western Digital shares rebounded as buyers capitalized on oversold post earnings conditions.\n• AI workloads and cloud data centers drive accelerating demand for enterprise storage.\n• Analysts rate the company a Buy with an average price target of $647.25.","market":"fut","thumbnail":"https://resource.tradingkey.com/cms_uploads/img/20230814/292a73ea96beb98e5f665e124a82e00c.jpg","type":0,"news_type":0,"thumbnails":["https://resource.tradingkey.com/cms_uploads/img/20230814/292a73ea96beb98e5f665e124a82e00c.jpg"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tradingkey.com/news/market-movers/262099951-market-movers-wdc-20260812","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["CNEQ","PTF","LU0162691827.USD","CNAV","COWG","LU0240878834.USD","LU1815336760.USD","WDC","FDTX","LU1823568750.SGD","WDCX","LU0154236417.USD","BK4585","LU0072461881.USD","LU0957808578.USD","BK4588","LU0081259029.USD","GB00BDT5M118.USD","LU0444973449.USD","QQQG","LU0476273544.USD","LU1035773651.USD","LU0006061336.USD","LU0240877869.USD","LU1642822529.SGD","LU0444971666.USD","LU1069347547.HKD","BK4512","LU1235294995.USD","CGGO","LU1046421795.USD","FCUS","BK4170"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2659187222","title":"Why great earnings haven't been good enough for AI hardware stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=2659187222","media":"Morning Star AU","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2659187222?lang=en_us&edition=fundamental","pubTime":"2026-08-13 00:00","pubTimestamp":1786550400,"startTime":"0","endTime":"0","summary":"Key takeawaysAI hardware stocks, from memory chipmakers to factory firms, are seeing prices fall despite strong second-quarter earnings. Sky-high expectations and elevated valuations left stocks 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Intel, Google: Wall Street is Partying Like It's 1999","url":"https://stock-news.laohu8.com/highlight/detail?id=2659096919","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2659096919?lang=en_us&edition=fundamental","pubTime":"2026-08-13 00:00","pubTimestamp":1786550400,"startTime":"0","endTime":"0","summary":"Wall Street seems to be channeling the late, great Prince.The signs are all around that Wall Street is back in that dangerous atmosphere of giddy euphoria that those with long memories will remember from the infamous dot-com bubble of the late 1990s.Whether we're now in 1998 (booyah - the only way is up!), 1999 (OMG, it is so easy to make money!), only time will tell.The latest sign came Monday, when AI computer chip giant Nvidia  announced it was teaming up with a bunch of big Wall Street institutions - Blackstone , BlackRock , Goldman Sachs  and so on - to arrange an extra $500 billion in loans for its customers, so that they can afford to carry on buying Nvidia's computer chips.What could possibly go wrong?This looks awfully similar to the notorious \"vendor financing\" used by tech giants during the last amazing magic-mushroom phase of the technology bubble all those years ago, when big tech companies helped their customers borrow lots of money so they could keep buying.Nvidia will 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