Posteo

Data cools down + company releases positive news, SanDisk $SNDK surged nearly 20% directly on Thursday night. This wave is actually more worth watching than just a simple earnings report rally.$OKB Recently, US inflation and employment data have continuously signaled cooling, and the market's expectations for subsequent liquidity improvement have started to heat up. At this very moment, SanDisk proactively gave the market a strong boost—announcing growth targets for the next three to five years, expecting revenue to maintain mid-to-high double-digit growth, while reducing the cyclical fluctuations in the storage industry through long-term customer agreements. Two logics just happened to collide. The macro data cooling gave the market #CPIPPIEaseFedSplit #SP500Nears8000 #SandiskLongTermTargets