WS #10676
Micron's earnings beat and analyst upgrades (BofA to $1550) drive broad tech optimism; MU surpasses TSLA and META in market cap; $8.34M neutral call option block signals institutional positioning. South Korea's KOSPI dropped nearly 10% on leveraged ETF warnings, rebounding partially; risk of spillover to US-listed Korean ADRs. Alphabet shares falling after more AI talent departed, extending last week's selloff; contradicts broader tech rally narrative.
Memory/AI Capex Cycle Surge
Micron's earnings beat and analyst upgrades (BofA to $1550) drive broad tech optimism; MU surpasses TSLA and META in market cap; $8.34M neutral call option block signals institutional positioning.
South Korea's KOSPI dropped nearly 10% on leveraged ETF warnings, rebounding partially; risk of spillover to US-listed Korean ADRs.
Alphabet shares falling after more AI talent departed, extending last week's selloff; contradicts broader tech rally narrative.