Micron's 15% jump fuels chip rally! Sky-high demand & soaring prices quadruple revenue, silencing AI doubters.
JPMorgan's Michael Cembalest said non-US equities trade at roughly a 25% forward P/E discount to US stocks, near record lows, but attractive valuations have failed to redirect flows away from US markets.
PBOC is expected to set the USD/CNY reference rate at 6.8048 – Reuters estimate
South Korea equities surging at the open, Kospi up more than 5% ... Sidecar invoked to halt program trading for 5 minutes
Slate EV truck hits market at $24,950, cheapest in US. Will low price and basic features drive sales?
MU jumps 15% on record revenue, fueled by AI demand & chip shortage outlook past 2027.
Fed stress tests reveal US banks could lose $700B in a crash. Risk looms, but capital buffers remain strong.
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