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But we saved everything 🙂.
Gunjan Banerji reports that Micron has closed with a market value exceeding $1 trillion, surpassing Walmart and becoming the tenth largest company in the U.S.
The company’s shares jumped 19.3 percent, marking their biggest one-day increase since 2011.
Banerji previously reported that the SOX index is trading 60% above its 200-day moving average, a level not seen since March 2000 and July 1995, in recent analysis. In a separate piece, she noted hedge funds saw record $90 billion inflows over two quarters, sending total assets to a new high in asset growth data. These observations come as markets continue to register outsized moves across sectors.