Micron Technology: Memory Boom Shows First Signs of Weakness
At Micron Technology, too, everything is currently revolving around the memory boom in the AI era. The memory manufacturer’s stock has literally multiplied within a year, surging by over 700%, driven by the enormous demand for DRAM, NAND, and, above all, HBM memory chips for AI data centers.
Recently, however, the rally stalled. The share fell by over 30% from its record high of over USD 1,200 within just a few trading days after the Chinese state-owned company ChangXin Memory Technologies made its stock market debut, fueling new concerns about the pricing power of established memory manufacturers.
A stock sale by CEO Sanjay Mehrotra totaling USD 37.3 million as part of a predetermined trading plan further heightened nervousness. Nevertheless, analysts say this is unlikely to be a warning sign.
The fundamentals continue to paint a clear picture. In the most recent quarter, Micron reported revenue of USD 41.46 billion and earnings per share of USD 25.11, well above estimates. The HBM3E and HBM4 chips are already sold out through 2027, and the company has secured an additional USD 22 billion in customer commitments.
Forty analysts currently recommend buying the stock; none advise selling, and the average price target is just over USD 1,500. Only star investor Michael Burry is taking the opposite view with a short position, pointing to the history of 34 price drops of more than 30% over the past 42 years.
At the current lower price level, it appears to be a more attractive entry point than it was recently.
Microsoft: The King of Technology
The tech world has an uncrowned king, and his name is Microsoft. Looking at the current market dynamics, you can feel the energy emanating from the company. Microsoft released its earnings, and they were impressive.
In the fourth quarter of fiscal year 2026, the company significantly exceeded market expectations. The group’s total revenue rose 18% year-over-year to approximately USD 90 billion. The company also posted a strong 31% increase in net income to USD 35.9 billion, of which USD 3.2 billion came from investment gains related to its stake in the AI company Anthropic. The main driver of growth, however, was the cloud business, where Azure revenue rose 43% on a currency-adjusted basis.
In addition, the AI assistant Microsoft 365 Copilot reached over 30 million paying users in the past quarter. For the full fiscal year 2026, Microsoft reported total revenue of USD 331.8 billion and net income of USD 133.7 billion, with annual Azure revenue exceeding the USD 100 billion mark for the first time. In contrast to the thriving cloud and AI businesses, however, the PC division recorded a slight 4% decline in revenue, while revenue from Xbox content and services fell by 10%.
The stock subsequently rose sharply. Of course, a few voices are urging caution, but the facts speak to sheer strength. As Asian industry giants like CXMT, Samsung, and SK Hynix make their moves in the semiconductor sector, Microsoft stands virtually unshakable amid this technological upheaval.
Microsoft is shaping the digital future and, now that the stock is trading above the 50-day SMA, could soon set its sights on the 200-day SMA. That level currently stands at USD 434.81. If it breaks through that as well, the stock could regain momentum toward the magical USD 500 mark.
GameStop: A Billion-Dollar Coup That Has Left Many Speechless
Curtain up for GameStop and its leader, Ryan Cohen. Anyone who thought the wild days of meme stocks were finally over might be in for a surprise. The video game retailer, long written off by many experts and banished to the museum of stock market history, is sounding the charge. It aims to swallow none other than e-commerce heavyweight eBay. A company that is struggling operationally to justify its long-term existence has put a takeover bid worth USD 55.5 to USD 56 billion on the table.
As expected, eBay’s board has dismissed this provocative move as completely implausible and unattractive, but Cohen is not backing down. He dreams of transforming GameStop’s numerous retail locations into massive logistics hubs to establish a new front line against Amazon. Quietly and discreetly, GameStop has since increased its stake in eBay to 9.8%, which corresponds to 43.4 million shares. The market is watching this spectacle with a mixture of admiration for such audacity and sheer horror at the potential financial risk. Where will the nearly USD 28 billion in cash come from? A commitment from TD Securities for USD 20 billion is tied to strict conditions. It is a high-wire act, and whether it is madness or a stroke of genius, only time will tell.
Volatus Aerospace: Setting the Course in the Drone Market
Leaving Microsoft and GameStop aside, we are entering the world of Volatus Aerospace. Without the loud fanfare, but with a well-thought-out strategic direction, the Canadian drone specialist is making its mark. Looking at the latest news, one can see a management vision that bears its own distinct signature.
As recently as July 9, 2026, the company announced its strategic presence at the MASS conference in St. John’s. The conference focused on concrete, forward-looking topics such as Canadian sovereignty in the Arctic and maritime security—areas that Volatus aims to support sustainably with its integrated autonomous systems.
Several days later, on July 20, Volatus showcased its solutions at the Canadian Pavilion during the Farnborough International Airshow in the United Kingdom. Here, too, the spotlight was on its autonomous and intelligent technologies, led by the SKYDRA counter-UAS (C-UAS) software platform.
Just one day later, a memorandum of understanding was announced. Together with the Volt-Age research program at the renowned Concordia University, Volatus plans to advance energy technologies for unmanned aerial systems in the future.
Despite this news, the stock market is currently showing some hesitation. The share price has recently pulled back somewhat and is currently trading at around CAD 0.46. The stock is still moving within a persistent sideways and downward range. From a technical analysis perspective, a dynamic price rise to levels above CAD 0.55 is needed to break out of this range and sustain an upward trend.
The fundamental groundwork appears to be in place, and now it remains to be seen when the market will reflect this development in the share price. Drones are a highly exciting sector, especially in the defence industry!
For many competitors, Microsoft remains the gold standard in the tech sector. The company is solidifying its dominant position and has recently rewarded its investors once again with rising share prices. Micron Technologies is being courted by analysts and is worth another look at its current lower price level. On the other end of the spectrum, GameStop is provocatively dancing on the rim of a volcanic crater. Its reckless attempt to take over the giant eBay is a risky game of playing with fire that could either go down in the history books or end in financial disaster. Anyone investing here needs nerves of steel. And then there is Volatus Aerospace. The company is laying the groundwork in the future-oriented drone technology market. Its current strategic moves and partnerships could pay off, even if the share price is currently stuck at around CAD 0.46. From a technical analysis perspective, a break above CAD 0.55 could send the stock soaring again.
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