Micron hits $1 trillion market cap for the first time as stock surges 18%
A global memory shortage driven by AI is spiking demand for chipmakers like Micron.

A global memory shortage driven by AI is spiking demand for chipmakers like Micron.
Trump and his top officials will make the rare trip to the woodsy Maryland retreat to discuss issues both foreign and domestic, a White House official said.
American Airlines said it will install SpaceX's Starlink for inflight Wi-Fi on more than 500 of its airplanes.
A three-judge panel found that the 2023 congressional district maps adopted by Alabama intentionally discriminated against Black voters.
Targets included missile launch sites and Iranian boats attempting to emplace mines.
The board of British energy major BP on Tuesday announced it had unanimously decided to remove Chairman Albert Manifold with immediate effect.
Donald Trump had said negotiations with Iran were "proceeding nicely," while warning that the U.S. could resume military action if discussions were to collapse.
Wells Fargo will provide a 50 basis point lender credit to buyers of Icon homes using its mortgages.
Shares of luxury carmaker Ferrari fell sharply on Tuesday morning, shortly after the company launched its first fully electric vehicle.
International graduates say a weak hiring market and changing immigration rules make it harder for them to achieve their American dream of working in the U.S.
Inflation and high debt levels continue cause financial anxiety for many Americans. Nonprofits can help with debt mangement.
Dropbox CEO Drew Houston, who started the cloud storage company when he was 24, plans to step down and assume the role of executive chairman.
Disney's "The Mandalorian and Grogu" tallied and estimated $82 million in domestic ticket sales through its first three days in theaters.
The deals are part of Eli Lilly’s effort to expand into infectious disease research and development.
Medical supply company Gentell sources raw materials from around the world, and the crisis at the Strait of Hormuz is causing volatility for its business.
Markets are overwhelmingly pricing in a rate hike from the central bank at its next meeting.
Nvidia is definitely one to watch this week.
Oil markets fear Iran may impose fees on ships crossing the Strait of Hormuz as part of any peace deal with the U.S.
Moscow said it would be launching “systematic and consistent strikes” on the city of Kyiv.
The Canadian prime minister led the Bank of England when the U.K. left the European Union in 2020.
Chinese telecom giant Huawei announced Monday a new way of designing chips that improves their capabilities, despite U.S. restrictions on the company.
Evercore ISI strategists provide insight for when prediction markets are useful for forecasting.
As bond markets returned from a bank holiday on Tuesday morning, the yield on the benchmark 10-year bond stood at 4.85%.
Non-carbonated alcoholic drinks like Surfside and BeatBox are stealing "share of throat" from hard seltzers, particularly among Gen Z.