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Micron Soars, Apple Sinks, and the Indexes Tread Water

Micron's blowout earnings sent its stock soaring and Apple's tumbling. The result? A market that went nowhere fast.

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Micron Soars, Apple Sinks, and the Indexes Tread Water

Micron Soars, Apple Sinks, and the Indexes Tread Water

Published June 25, 2026 · Category: Finance

Overview

Micron Technology (NASDAQ: MU) had a very good day on Thursday. Apple (NASDAQ: AAPL) did not. Those two facts may sound unrelated, but one move inspired the other quite directly. And they pulled the major market indexes in opposite directions today.

Micron surged 16% on Thursday after reporting blowout earnings, but the memory chipmaker's gain came at a cost for many other tech stocks. Micron soared on rising memory prices due to limited supply and massive demand, forcing Apple to raise prices on its MacBooks and iPads. As a result of this push/pull dynamic, the stock market moved sideways despite dramatic action underneath the surface.

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Originally published at www.fool.com.

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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.

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