WS #10425
Micron receives Bernstein price target upgrade to $1,300 from $510 and announces memory/storage supply pact with Anthropic, reinforcing AI memory demand narrative. Accenture missed revenue expectations and cut fiscal 2026 outlook, leading to multiple analyst downgrades including Morgan Stanley lowering target to $130. Meta to acquire 20% stake in CRED for $900M and install CRED founder Kunal Shah as global CEO of WhatsApp, a major strategic pivot for META.
AI Memory Demand Surge
Micron receives Bernstein price target upgrade to $1,300 from $510 and announces memory/storage supply pact with Anthropic, reinforcing AI memory demand narrative.
Accenture missed revenue expectations and cut fiscal 2026 outlook, leading to multiple analyst downgrades including Morgan Stanley lowering target to $130.
Meta to acquire 20% stake in CRED for $900M and install CRED founder Kunal Shah as global CEO of WhatsApp, a major strategic pivot for META.