- Suggests buying stocks, selling bonds in new year
- Economy will gather steam in 2013
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Oil jumps 1.3% as Iran war fears persist; Asian stocks dip, U.S. futures flat. Gold down 0.8%.
Japan eyes oil futures intervention to prop up yen, risking billions in reserves.
NVDA eyes 150% surge on AI spending, but market share & infra growth are key. Wells Fargo sees $450 by '28.
Memory stocks like SK Hynix (-6%) and Kioxia (-4.4%) dip on AI compression news, but Jevons Paradox may boost demand.
Micron's 196% revenue surge vs. Arm's premium P/E. Cyclical risks loom for MU, while ARM bets on new AI chips for long-term growth.
investingLive Asia-Pacific FX news wrap: March towards a ground war continues
ARM's new AI chip targets $15B revenue by 2031, boosting shares despite lower margins.
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