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1Bitget UEX Daily|Micron Earnings Significantly Beat Expectations Boosting AI Sentiment; Oil Prices Fall as Supply Concerns Ease; Trump Delays Housing Bill Signing2Micron Technology (MU) FY2026 Q3 Earnings: Revenue Surges 346% YoY, Gross Margin Hits Record 84.9%, Q4 Guidance Crushes Estimates3The "Storage Supercycle" in Kioxia's Financial Report: Apple Orders Surge, Raw Material Inventory Soars, and the Entire Industry Chain Is Rushing to Position Ahead
Flash
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U.S. stocks plunge unexpectedly; high-leverage ETFs, AI uncertainty, and crypto liquidations cited as triggersThe Nasdaq 100 index fell 1,000 points in 27 minutes, and the S&P 500 wiped out $1 trillion in market value, reversing from a 1% gain at the open to a 3% decline. US PCE inflation rose to 4.1%. Apple announced price increases of up to 25% for Mac and iPad due to soaring AI chip costs; Apple shares fell nearly 6%, erasing $220 billion in market value. The Kobeissi Letter believes that widespread high-leverage ETFs, AI uncertainty, and massive cryptocurrency liquidations are the main drivers of increased volatility, and expects market volatility to continue.
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BNP Paribas significantly raises Micron’s target price to $1,700Glonghui, June 25th|BNP Paribas has raised its target price for Micron Technology from $615 to $1,700, maintaining an “outperform” rating. (Glonghui)
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Chris Sullivan: Bitcoin is at a major turning pointChris Sullivan from Hyperion Decimus stated that four historic indicators have now aligned, and Bitcoin is just one step away from confirming a major turning point.
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