WS #10509
South Korea KOSPI plunges 10%, dragging semiconductor stocks (MU, WDC, SMH) lower; Nasdaq-100 futures down 2.7% as risk-off dominates ahead of Micron earnings. Evercore's Emanuel says earnings will rescue tech; JPMorgan upgrades IBM; large bullish call options flow on MU ($30.8M premium) suggests institutional positioning for upside. Meta announces new $299 smart glasses, $80 cheaper than prior models, aiming to boost consumer adoption in the AI wearables market.
Global Tech Selloff Intensifies
South Korea KOSPI plunges 10%, dragging semiconductor stocks (MU, WDC, SMH) lower; Nasdaq-100 futures down 2.7% as risk-off dominates ahead of Micron earnings.
Evercore's Emanuel says earnings will rescue tech; JPMorgan upgrades IBM; large bullish call options flow on MU ($30.8M premium) suggests institutional positioning for upside.
Meta announces new $299 smart glasses, $80 cheaper than prior models, aiming to boost consumer adoption in the AI wearables market.