MU Jun 2023 57.500 call
| Previous Close | 8.20 |
| Open | 8.70 |
| Bid | 0.00 |
| Ask | 0.00 |
| Strike | 57.50 |
| Expire Date | 2023-06-16 |
| Day's Range | 7.95 - 8.70 |
| Contract Range | N/A |
| Volume | |
| Open Interest | 4.05k |
- Reuters
MORNING BID AMERICAS-Dogged inflation shades rebound
A look at the day ahead in U.S. and global markets from Mike Dolan Global investors seem keen to put the March bank shock behind them, but inflation's grim persistence makes it difficult to clear the horizon. The final day of the month and first quarter - and the approach of Easter breaks in parts of the world - allows many markets to bookend the banking turbulence to some degree as the storm damage to wider economy is assessed. As the Federal Reserve's emergency lending to banks stabilised at high levels in the week to Wednesday, Fed officials appear to have reverted to 'wait and see' mode on further interest rate rises and will weigh up a final quarter point hike now meeting to meeting.
- Motley Fool
Why Micron Stock Surged After Disappointing Earnings
Micron believes its inventory days have peaked, and management has long-term bullish views thanks to the increased demand for AI workloads.
- Reuters
US semiconductor index hits highest in nearly a year on hopes for industry turn
The Philadelphia semiconductor index hit its highest level in nearly a year on Thursday, as optimism grows that a sales downturn in the industry has reached its nadir, in part due to a surge in artificial intelligence (AI) technology. The index climbed 1.6%, adding to a gain of more than 3% on Wednesday, and it is now on track for its biggest two-day percentage gain in nearly two months, hitting its highest level since April 6 after a flurry of updates from several chipmakers including Intel, Micron Technology and Germany's Infineon. Micron forecast a sharp drop in third-quarter revenue from the year-ago period on Tuesday, but CEO Sanjay Mehrotra said he was confident about the long-term and said the memory chip industry would see a record calendar year 2025 in terms of market size as AI will help boost sales.
