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European shares gain as upbeat Micron forecast revives AI rally
European markets opened on a positive note, driven by a surge in technology stocks. Strong forecasts from US chipmakers Micron and Qualcomm eased worries about inflated valuations, reigniting the AI rally. European tech shares saw significant gains, with chipmakers and equipment suppliers leading the charge. Falling oil prices and a boost for easyJet also contributed to the upbeat sentiment.
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swissinfo.ch
Stocks Waver as Traders Look Ahead to Micron: Markets Wrap
(Bloomberg) -- A measure of calm returned to equity markets after a selloff in top-performing technology names, with Micron Technology Inc.’s earnings taking on added significance…
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Stock Futures Churn in Run-Up to Micron Earnings: Markets Wrap
(Bloomberg) -- US stocks ticked higher as investors looked ahead to Micron Technology Inc.’s results for the next read on whether artificial intelligence spending is living up to…
