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Micron Technology Newsroom
U.S. stocks closed higher with all three major indices rising. The Dow, S&P, and Russell 2000 all hit record highs, while nvidia fell more than 4% against the market; bitcoin fell below $93,000, while microstrategy dropped more than 4%.
Funds continue to flow out of the technology sector, rotating into cyclical stocks. The Dow rose more than 400 points, while the Russell small cap stocks rose by 2.5% at one point. The S&P hit a new intraday high before narrowing its gains. Nvidia dropped over 4% to a three-week low, Tesla fell by nearly 4%, Nio dropped by 3.6%, but Alibaba rose by nearly 3%.
Micron Technology Options Spot-On: On November 25th, 142.98K Contracts Were Traded, With 1.65 Million Open Interest
On November 25th ET, $Micron Technology(MU.US)$ had active options trading, with a total trading volume of 142.98K options for the day, of which put options accounted for 30.74% of the total
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Huang Renxun discusses the current situation of AI: It will still take several years to achieve 'highly reliable.'
Jensen Huang believes that we are still "years away" from a highly trustworthy AI system. The entire industry is also rethinking how to train models more effectively with limited data and resources.
US stocks closed | All three major indices rose for the entire week! The Dow Jones hit a new closing high, Tesla rose nearly 4%; cryptos concept stocks all rose, MSTR increased by over 6%.
Funds flowed out of technology stocks and into economically sensitive cyclical stocks. The Nasdaq fluctuated between gains and losses, dragged down by over 3% drop in Nvidia and 1.7% drop in Google Class A. The Dow Jones rose by about 1%, small caps rose by 1.8%, and Chinese concept stocks fell by 1.4%. The S&P 500 and Nasdaq accumulated gains of 1.7% for the week, the Dow rose by about 2%, Tesla rose nearly 10% for the week, and Super Micro Computer soared by over 78%, its best week ever. MicroStrategy, known as a 'Bitcoin whale', rebounded by 6% on Friday. Economic weakness pushed the Euro to a two-year low, while the US Dollar rose for the third consecutive week to a two-year high. Offshore Renminbi fell by over 200 points for the week to nearly a four-month low. US oil had its best two-month gain with a 6.5% increase for the week, gold rose by over 1% to surpass $2700, marking its best week in over a year with a 5.7% increase.
Fed's Bowman Says Regulators Shouldn't Rush to Contain AI
Micron Technology Options Spot-On: On November 22nd, 130.58K Contracts Were Traded, With 1.63 Million Open Interest
On November 22nd ET, $Micron Technology(MU.US)$ had active options trading, with a total trading volume of 130.58K options for the day, of which put options accounted for 38.88% of the total
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US stocks closed | The three major indexes rose together, with the Dow rising by more than 1%, nvidia shaking after the performance and closing up; bitcoin broke through 0.099 million US dollars to hit a new high again, microstrategy fell by more than 16%
Trump trade rises, with cycles related to the economy and small-cap stocks leading the way. The Dow rose 1%, the Nasdaq turned higher in the late session, Google Class A fell the most by 7%, nvidia initially rose nearly 5% to hit a new high before falling 3.6%, ultimately closing higher, Snowflake surged over 32% for its best performance since going public.
Micron Technology Options Spot-On: On November 21st, 190.29K Contracts Were Traded, With 1.6 Million Open Interest
On November 21st ET, $Micron Technology(MU.US)$ had active options trading, with a total trading volume of 190.29K options for the day, of which put options accounted for 23.64% of the total
Micron Technology to Report Fiscal First Quarter Results on December 18, 2024
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Express News | Advanced Micro Devices Down 0.7%, Intel Down 1.1%, Qualcomm Down 1.1%, Micron Tech Down 0.9%
Express News | Shares of U.S. Chipmakers Dip Premarket After Nvidia's Results
U.S. stock market closing | The three major indices showed mixed results, with nvidia temporarily falling over 5% after hours; bitcoin reached a new high, and stocks related to cryptos surged, with microstrategy rising by 10%.
S&P, Dow Jones, small cap stocks turned higher in the final hour, with the Nasdaq's decline significantly narrowing. Nvidia fell nearly 3% before closing down 0.8%, dropping 5% at one point after hours, as the financial report stated that Hopper and Blackwell face supply restrictions.
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