WS #11212
Multiple insider sales filed: MRVL COO sold 10K shares at $281.92, NET officer intends to sell 471K shares (~$116M), AMAT CEO sold 78K shares at $709.26, AVGO insider sold 1,602 shares at $373.86, HOOD insider sold 30K shares at $33.58. META +8.8% on cloud launch while semiconductor stocks (MU, SNDK, AMD, INTC, MRVL, AMAT) fell 7-10% in a displacement trade; Nikkei futures down 1.67% signaling Asian follow-through. Apple raised Mac, iPad, and Apple TV prices by up to $400 due to AI-driven DRAM shortage (RAMageddon); AAPL fell 6.12%, losing $265B market cap.
Insider Selling Activity
Multiple insider sales filed: MRVL COO sold 10K shares at $281.92, NET officer intends to sell 471K shares (~$116M), AMAT CEO sold 78K shares at $709.26, AVGO insider sold 1,602 shares at $373.86, HOOD insider sold 30K shares at $33.58.
META +8.8% on cloud launch while semiconductor stocks (MU, SNDK, AMD, INTC, MRVL, AMAT) fell 7-10% in a displacement trade; Nikkei futures down 1.67% signaling Asian follow-through.
Apple raised Mac, iPad, and Apple TV prices by up to $400 due to AI-driven DRAM shortage (RAMageddon); AAPL fell 6.12%, losing $265B market cap.