Stock market today: Dow closes higher as tech reigns supreme on Micron rally
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- S&P 500, Nasdaq futures tick up as tech steadies, Micron earnings eyed
- Brent extends losses on expectations of smoother crude flows via Hormuz
- All eyes on Micron earnings tonight as sell-off raises stakes for AI memory trade
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Oil market losses easing as nearly 80% of disrupted supply returns, UBS says
- Needham Starts NeoVolta (NEOV) at Buy
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- KKR launches Helix with over $10 billion to build AI infrastructure
Mizuho Defending Micron Technology (MU), 'Buy the Pullback'
March 31, 2023 10:47 AM EDTMizuho Securities analyst Vijay Rakesh reiterated a Buy rating and $72.00 price target on Micron Technology (NASDAQ: MU)
The analyst comments "This morning, there are reports of a China Cybersecurity review of MU. It could be a double-edged sword, in our view, as: 1) China has... More
