Stocks to Watch: Alphabet, Micron, Strategy

Dow Jones07-02 17:40

Alphabet Inc. Cl A $(GOOGL)$: Shares slipped premarket after Google lost a lengthy legal battle to overturn an EU fine of about $4.69 billion over its Android operating system.

Samsung Electronics (KR:005930), SK Hynix (KR:000660), Kioxia (JP:285A): The Asian memory-chip makers slumped, dragging down South Korea's Kospi and Japan's Nikkei 225 indexes.

Micron Technology $(MU)$, Intel $(INTC)$, Nvidia (NVDA): U.S. chip companies followed suit in premarket trading.

Strategy (MSTR): Shares of Michael Saylor's beleaguered crypto-buying machine rose premarket. The stock has been advancing since the company launched a turnaround that includes buybacks and bitcoin sales earlier this week.

Bending Spoons $(BSP)$: The Italian owner of AOL slipped premarket after surging 40% on its Nasdaq debut yesterday.

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