Thursday's Winners Were All Hardware: What the September 4 Split Means

As seen on the 24/7 Wall St. homepage on September 4, 2026.

Biggest movers · At the close
Gainers
  • GPROGoPro$1.73+24.1%
  • SNDKSanDisk$1,735.55+11.6%
  • ALABAstera Labs$311.74+10.2%
  • SKHYSK hynix Inc.$177.22+8.3%
  • IRENIren$44.65+7.2%
Losers
  • ASANAsana$8.9-11.8%
  • TSLATesla$354.48-5.8%
  • WDAYWorkday$195.78-5.4%
  • NFLXNetflix$78.31-5.3%
  • SNOWSnowflake$337.85-5.2%

Thursday's close split hard along hardware versus software: GoPro added 24.1% and SanDisk, Astera Labs and SK hynix all posted double-digit or near double-digit gains, while Asana, Workday and Snowflake each shed more than 5%. Tesla and Netflix fell with them.

Continue ReadingShow less

GoPro's 24.1% surge to $1.73 led a winner's column where every name touched physical silicon or storage, alongside SanDisk, Astera Labs, SK hynix and Iren.

The losing side was almost a mirror image by category, with Asana down 11.84% and Workday and Snowflake also retreating across the software segment.

Tesla and Netflix joined the slide, widening the session's red column beyond pure software names and showing the selling pressure was not confined to one sector.

The sharpness of the divide on a single trading day makes it worth watching whether money is rotating into hardware as a deliberate positioning shift. If the pattern holds across subsequent sessions, the spread between these two groups becomes a meaningful signal for tech-sector allocation.

Sources

Mentioned: GPRO, SNDK, ALAB, SKHY, IREN, ASAN, TSLA, NFLX

Related Market Updates

Elon Musk @elonmusk Repost

Two more months before Europe even votes on FSD approval, pushing any software revenue from the region into 2027 at the earliest.

RT @SawyerMerritt: The European Union has delayed a vote on Tesla’s FSD (Supervised) to December at the earliest (from October 6th), accord…
  • Replies0
  • Reposts52
  • Likes0
Read more
Statement Cathie Wood
We think that during the next 3 to 5 years, we will be seeing regularly and perhaps on average, growth north of 7%.
43 days earlier Trimmed TSLA13F-HR

Wood was already selling before she said it: ARK's 13F shows the Tesla stake trimmed 43 days ahead of the bullish growth call. Follow the position sizing as the tell here.

Read more
Jim Cramer
PODCAST Mad Money w/ Jim Cramer Jim Cramer · 44 min

Mad Money w/ Jim Cramer 9/24/26

  • Cramer pushes back on index-fund supremacy, calling the absolutist version of it wrong
  • Still recommends 50% of savings in an S&P 500 fund as a hedge against your own mistakes
  • Argues the S&P holds far fewer than 500 good stocks, so you buy the bad with the good
  • Caller questions on portfolio structure for young investors, 529 plans, and retirement vs. mad money

Put half in an index fund as insurance, the other half in individual names you have actually done the homework on. Cramer's case is that an S&P 500 fund gives you 8% to 10% a year and mediocrity alongside the winners, which is why he says it will not make you rich on its own.

Read more
Biggest movers · At the close
Gainers
  • BRKRBruker$64.13+7.5%
  • TEMTempus AI$82.15+7.3%
  • IONQIonQ$45.01+5.8%
  • AFRMAffirm$71.54+5.1%
  • METAMeta$778.35+4.6%
Losers
  • ARMArm$304.35-8.5%
  • APPSDigital Turbine$10.94-5.2%
  • GPROGoPro$1.25-4.6%
  • GMGeneral Motors$80.22-4.2%
  • SNDKSanDisk$1,753.24-3.5%

Arm's 8.5% slide was the deepest move in a 111-stock priority list at Wednesday's close, with Bruker leading the upside at 7.5%.

Read more
Elon Musk @elonmusk Repost

Musk confirming Grok Bot is live in Tesla cars turns the dashboard into a commerce surface, with in-car ordering as the first monetizable hook. The car AI race just got a shipped product.

RT @SawyerMerritt: Grok Bot has just officially launched in @Tesla vehicles. I got early access a couple weeks ago. You can order stuff on…
  • Replies0
  • Reposts212
  • Likes0
Read more
Jim Cramer
PODCAST Mad Money w/ Jim Cramer Jim Cramer · 44 min

Mad Money w/ Jim Cramer 9/21/26

  • Retrospective on Tim Cook's Apple tenure, which ended September 1, 2026, built from a decade of Cramer interviews
  • Cramer's original thesis: Apple as the future health company and the future credit card company
  • Cook cited 11,000 ResearchKit signups in 24 hours for a Stanford cardiovascular study
  • Cramer framed Apple Pay as pushing retailers and card networks toward adoption

With Cook out of the CEO chair as of September 1, the case for Apple built on services, health data and payments now belongs to someone else to defend. Cramer's replay is a reminder that the growth story he backed for a decade rested on those businesses.

Read more
Biggest movers · At the close
Gainers
  • ARMArm$323+17.2%
  • ALABAstera Labs$342.36+12.9%
  • APPSDigital Turbine$12.02+12.8%
  • INTCIntel$122.14+12.5%
  • DOCNDigitalOcean$146.28+12.4%
Losers
  • NVONovo Nordisk$39.81-7.9%
  • IOTSamsara$38.08-3.7%
  • XOMExxon Mobil$158.69-3.0%
  • CVXChevron$203.95-2.6%
  • BROSDutch Bros$39.05-2.5%

Arm closed up 17.19% at $323, topping a session where four other priority names each added more than 12%. Declines stayed shallow: Novo Nordisk's 7.94% drop was the only one past 4%, with Exxon Mobil and Chevron down under 3%.

Read more
Biggest movers · At the close
Gainers
  • MARAMarathon Digital$13.21+13.5%
  • SNDKSanDisk$1,787.02+10.7%
  • CIFRCipher Mining$18.27+7.9%
  • COHRCoherent$318.27+7.5%
  • IRENIren$46.53+7.0%
Losers
  • SMRNuScale Power$8.32-7.9%
  • IQiQIYI$1.01-7.7%
  • ASANAsana$9.45-6.4%
  • QCOMQualcomm$178.02-5.7%
  • GMGeneral Motors$82.35-4.9%

Bitcoin miners owned Thursday's close, led by Marathon Digital finishing 13.5% higher, with Cipher Mining and Iren both up 7% or more. Large-cap losses ran heavier than usual, with Qualcomm off 5.66% and General Motors down 4.93%.

Read more
Jim Cramer @jimcramer

A single $44 million bet on Micron calls expiring October 2 is the tell: someone is positioning for a violent upside move in memory and semis within two weeks.

"Someone" just bought a boatload of short data (October2) calls Intel 115 $3.8 m; Marvell 250sm $3.8 million; Sandisk 1600s $41 million, Micron $1000s $44 million. If i didn't know any better I would say Leopold is back!!!
  • Replies64
  • Reposts33
  • Likes435
Read more
Biggest movers · At the close
Gainers
  • TEMTempus AI$80.08+14.5%
  • SMRNuScale Power$9.15+10.2%
  • IONQIonQ$40.31+9.4%
  • SMCISuper Micro Computer$40.28+9.3%
  • ALABAstera Labs$293.29+9.0%
Losers
  • DKNGDraftKings$22.54-7.4%
  • FUBOfuboTV$9.93-6.4%
  • CRWVCoreWeave$80.15-3.9%
  • SPOTSpotify$529.96-3.2%
  • AXONAxon Enterprise$453.59-3.2%

Tempus AI closed 14.46% higher, the biggest move in a 111-name priority list where four other gainers ran 9% or better. The downside was far tamer: DraftKings led decliners at 7.38%, and nothing else lost more than 6.4%.

Read more
Biggest movers · At the close
Gainers
  • ZSZscaler$192.17+16.8%
  • RBRKRubrik$99.51+14.8%
  • SSentinelOne$22.64+14.6%
  • PANWPalo Alto Networks$374.56+13.3%
  • IOTSamsara$42.98+12.0%
Losers
  • COHRCoherent$267.13-12.5%
  • ALABAstera Labs$257.28-11.7%
  • HPEHewlett Packard Enterprise$55.59-10.5%
  • ARMArm$240.05-9.3%
  • AAOIApplied Optoelectronics$96.14-8.8%

Zscaler finished Monday up 16.8% at $192.17 while Coherent shed 12.5%. Four of the top five gainers are cybersecurity names, and four of the five losers are chip and infrastructure plays.

Read more
Elon Musk @elonmusk Repost

Musk is amplifying a new active-safety layer in FSD just as NHTSA widens its crash investigation into the same system, making this release the clearest read yet on how Tesla answers regulators.

RT @Tesla_AI: FSD Supervised v14.3.9 starting to roll out shortly This release includes a new active safety feature set: FSD Supervised ca…
  • Replies0
  • Reposts1.3K
  • Likes0
Read more