Dollar index (DXY) down to 98.54, lowest since early November
USDJPY dip demand still expected though as the jury remains out
Offers: 113.60 113.80-85 114.00 114.20 114.35 114.50
Bids: 113.20 113.00 112.80 112.45-50 112.00
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NVDA, MU, TSM dip 7-15%. MU trades at 3.5x P/E with 80%+ margins. AI boom drives growth.
Also hits $1B+ valuation with $200M Series C led by DoorDash; eyes autonomous delivery vehicles.
MU dips 18% on AI fears, but Q2 revenue soared 196%. Strong fundamentals may signal a buy.
Affordable housing tax credits face financing hurdles as banks near investment caps. Billions in private investment at risk.
VSH down 20% despite revenue beat; SWKS beats estimates but drops 6%. TXN misses EPS, down 5.5%. PI plunges 39%.
CEG tumbles 6.5% on weak 2026 outlook vs. analyst estimates; valuation at 37x earnings looks risky.
Runway backs AI startups with $10M fund, valued at $5.3B. Investing in ecosystem growth.
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