This post was originally published on this site.European shares are closing lower on the day, failing to follow the mostly positive tone in U.S. equities. The declines come despite the softer-than-expected U.S. PPI data, which showed headline producer prices unchanged in July versus a 0.2% increase expected, while the year-on-year rate slowed to 4.7% from 5.5%. The major European indices are ending the session with declines across the board: German DAX: 26,292.01, -0.15% France CAC 40: 8,650.57, -0.28% UK FTSE 100: 10,772.68, -0.56% Spain’s Ibex: 20,168.60, -0.18% Italy’s FTSE MIB: 53,668.60, -0.18% The FTSE 100 was the weakest of the...

This post was originally published on this site. Sandisk is having it’s investor day and the traders are liking what they hear.  The company has used its 2026 Investor Day to highlight its long-term growth opportunity from AI and, more importantly for investors, lay out an aggressive financial framework for FY2028 through FY2030. On the product side, Sandisk expects AI inference to significantly increase demand for flash storage in data centers, with the “enterprise data-center flash market potentially reaching 1.2 zettabytes by 2030”. The company is “developing higher-density NAND and High Bandwidth Flash (HBF) technology to capture that growth”. Sandisk...