Rio Times Global Economy Briefing The Big Three Chips drove records. Micron jumped about 19% and topped a $1 trillion valuation on a UBS upgrade, lift

Rio Times Global Economy Briefing The Big Three Chips drove records. Micron jumped about 19% and topped a $1 trillion valuation on a UBS upgrade, lift

Micron's stock has tripled in 2026 after UBS raised its price target to $1,625, bringing the chipmaker into the club with Nvidia, Apple and Microsoft.

The Dow hit a fresh record as oil cratered another 5.5% on an unconfirmed Iran report that Hormuz traffic would normalize within a month, while a weak 5-year auction kept the bond…

PCE inflation hit a three-year high at 3.8% and Q1 GDP undershot at 1.6%, yet the S&P 500 and Nasdaq closed at fresh records on a reported 60-day US-Iran ceasefire memorandum.

The Dow closed above 51,000 for the first time as the S&P 500 logged its ninth straight winning week on a reported 60-day US-Iran ceasefire framework.