From Yahoo Finance: 2025-04-09 05:45:00

The stock market suffered losses as investors anticipated new tariffs on China. The Nasdaq fell by 2.15%, S&P 500 by 1.57%, and Dow Jones by 0.84%. Despite this, ten companies, including Sandisk Corp. (NASDAQ:SNDK), saw gains, with SNDK surging 2.76% on Tuesday due to the launch of new storage solutions.

Sandisk Corp. introduced the SanDisk PRO-CINEMA CFexpress Type A Card at the 2025 NAB Show in Las Vegas, offering transfer speeds of 1800MB/s and write speeds up to 1650MB/s. The new product is designed for professional cinematographers and videographers, providing faster post-production capabilities for high-quality footage.

The PRO-CINEMA CFexpress storage card is available in capacities up to 960GB, catering to media and entertainment professionals. SNDK also plans to release two powerful flash drives in the summer to meet the demand for high-capacity portable storage solutions. While SNDK ranks 10th on the list of stocks that performed well during the market downturn, AI stocks are seen as offering greater potential for higher returns in a shorter timeframe. If you’re interested in exploring AI stocks with promising returns, consider checking out the report on the cheapest AI stock currently available.

Read more: Why Sandisk Corp. (SNDK) Surged On Tuesday?