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27.01.26 - 15:06
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Futures Rise Ahead Of Tech Earnings As Gold, Silver Resume Surge (ZeroHedge)
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Futures Rise Ahead Of Tech Earnings As Gold, Silver Resume Surge
US futures are higher, led by Tech, and approaching record levels from earlier this month as geopolitical and headline risk subsides while the market focuses on looming Mag 7 earnings and Wednesday's Fed decision is expected to be a non-event. Equities are poised for another attempt at 7k. As of 8:00am ET, S&P futures are up 0.2% and set for a fifth day of gains; Nasdaq futures lead gains, up 0.6% with all Mag7 members higher while Healthcare stocks hammered on headlines related to Medicare pricing. Micron jumped 5% in premarket trading on plans to expand its memory-chip capacity. Big tech has started to wake up, with Apple having its best day in three months yesterday and Meta also strong. Both are due to report later this week. So far, the earnings season has been good but not great, according to strategists at BofA. The dollar hit the lowest level since March 2022, while the yen fluctuated as jitters over intervention ...
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18.12.25 - 18:48
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Micron Rallies as Outlook Shows Relentless Demand (Bloomberg)
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Shares of Micron Technology Inc., the largest US maker of computer memory chips, rose by the most in eight months after the company gave an upbeat forecast for the current quarter, signaling that surging demand and supply shortages are allowing the company to charge more for products. Bloomberg's Jake Silverman joins to discuss with Paul Sweeney and Scarlet Fu. (Source: Bloomberg)...
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