Posteo

$SNDK $XSNDK — SanDisk, what happened bro? July 28, 2026 was rough. Closed at $1,096.10, down 14.25% on the day. Opened $1,173.60, bottomed at $1,050.72. Volume was heavy: ∼26.63M shares. Classic one-way selloff. It wasn’t just SanDisk. $MU, $INTC, $SKHY all got hit too. Why the drop? 1. Asia chip panic – SK Hynix and Samsung tanked overnight, and fear spilled straight into US semis. 2. AI capex worries – Investors are questioning if big tech’s massive AI spending is actually paying off. Earnings from Alphabet and Tesla didn’t help. Cue profit-taking across the sector. 3. Earnings ahead – SanDisk reports Aug 5. Some people sold first rather than risk a surprise. Not company-specific bad news. Just sector-wide rotation + nerves before earnings. Hang tight $SNDK. #DailyOrbit #FedRateDecision #BigTechEarningsNight @OKX Orbit