TD Cowen Maintains Micron Technology(MU.US) With Buy Rating, Maintains Target Price $135

Moomoo News00:31 ET · Ratings

Earnings Preview: MU to Report Financial Results on December 18

Moomoo News20:00 ET

The Nasdaq fell to 0.02 million points, Adobe plummeted more than 13%, the China concept Index rose against the trend, and Bitcoin dropped below 0.1 million dollars.

In November, USA PPI inflation exceeded expectations, with the market betting on a pause in interest rate cuts in January next year. The Dow has fallen for six consecutive days, with NVIDIA experiencing the largest drop of 2.5%. Tesla, Meta, Google, and Amazon have moved away from their highs, uranium mining stocks have declined, but Apple reached a new high. Broadcom rose nearly 5% in after-hours trading, and Chinese stocks Baidu and PDD Holdings increased by over 1%. Bond yields in Europe and the USA have risen significantly, and after the European Central Bank cut interest rates, the euro fell to a one-week low, before rebounding. The dollar reached a two-week high, while the offshore yuan once rose over 200 points, breaking through 7.26 yuan. Commodities generally fell, with spot gold down over 2% and spot silver down over 4% during the session.

wallstreetcn18:24 ET

Micron Technology Options Spot-On: On December 12th, 164.12K Contracts Were Traded, With 1.82 Million Open Interest

Moomoo News16:30 ET

Thursday Ends in Index Declines | Wall Street Today

Kevin Travers16:29 ET

Western Digital Drops as Company Presents at Barclays Conference

Seeking Alpha12:37 ET