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Micron Technology’s stock surged nearly 15% after issuing strong guidance due to increased demand for its products in the AI market. Other chip Stocks such as Applied Materials, ASML Holding, and Lam Research also saw gains. Super Micro Computer experienced a significant drop in shares following a report of a probe by the Justice Department. Southwest Airlines rose 5.4% after raising its revenue forecast and authorizing share buybacks. Starbucks increased nearly 2% after receiving an upgrade from Bernstein. NRG Energy saw a 1.5% increase in shares after boosting its full-year guidance. GE Healthcare’s stock slightly declined after a sell rating from UBS. CarMax jumped 5% after exceeding sales estimates. Jabil’s shares rose over 11% following strong quarterly earnings. New York Community Bank’s stock surged over 7% after an upgrade from Barclays. Bilibili’s U.S.-listed shares increased 15.4% after a buy rating from Goldman Sachs. Sonos fell 4.5% after a double-downgrade from Morgan Stanley. Accenture’s stock rose 5.6% on better-than-expected fourth-quarter results and strong guidance.
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Emily Jensen, graduated from the London School of Economics and Political Science (LSE) in the UK in 2015 with a degree in Economics. She specializes in financial markets and international trade. After graduating, she worked as an analyst at an investment bank in London, where she developed expertise in global economic trends. She later transitioned into consulting, focusing on fintech ventures and providing insights into global economic developments. Emily is passionate about the intersection of finance and technology and aims to drive innovation in the financial sector.
