DISK is trading 3.45% up now at $37.49 after broader markets rallied on softer July PPI and reduced expectations for an imminent Federal Reserve rate hike.

  • The S&P 500 and Nasdaq Composite rose 0.60% and 0.84%, respectively, supporting risk-on demand.
  • DISK’s memory-focused portfolio benefits from AI-driven demand across HBM, DRAM, and NAND.
  • Tema reported no specific August 13 catalyst.