Micron forecasts strong AI growth with $32B commitments, Oracle secures $7B Tencent deal, and Bitcoin holds near $84K as Treasury yields hit 2002 highs.
Stock markets fell Thursday as 10-year Treasury yields hit 5.3%, a multidecade high, despite Micron’s earnings beat and improved guidance for investors.
Synopsys (SNPS) stock soared 11% after unveiling OpenAI partnership for chip design AI and $1B+ Amazon deal. Analysts raise targets to $620-$700.
Kimberly-Clark (KMB) stock fell 3% after revealing executive changes, including COO departure, as the company prepares for its Kenvue acquisition.
Microsoft stock rallied 37.5% in Q3, marking its strongest quarter since 1998. Wells Fargo raised its price target to $725 on AI cloud momentum.
AVAX One (AVX) stock fluctuated after announcing 333,500 shares repurchased in September. Total buybacks now exceed 836K shares under $40M program.
McDonald’s (MCD) stock reaches 52-week low at $232, down 24% YTD. Eight straight weeks of losses mark the longest decline since the dot-com bubble.
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View MoreMicron forecasts strong AI growth with $32B commitments, Oracle secures $7B Tencent deal, and Bitcoin holds near $84K as Treasury yields hit 2002 highs.
Stock markets fell Thursday as 10-year Treasury yields hit 5.3%, a multidecade high, despite Micron’s earnings beat and improved guidance for investors.
Synopsys (SNPS) stock soared 11% after unveiling OpenAI partnership for chip design AI and $1B+ Amazon deal. Analysts raise targets to $620-$700.
Kimberly-Clark (KMB) stock fell 3% after revealing executive changes, including COO departure, as the company prepares for its Kenvue acquisition.
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