Micron forecasts strong growth with $32B in AI commitments, Oracle secures $7B Tencent deal, while Bitcoin trades near $84,000 as yields hit 2002 highs.
Stock markets fell Thursday as 10-year Treasury yields surged to 5.3%, overshadowing Micron’s strong earnings and positive guidance for the quarter.
Synopsys (SNPS) stock surged 11% after unveiling AI partnerships with OpenAI, a $1B+ Amazon deal, and raising revenue growth targets through 2030.
Kimberly-Clark (KMB) stock fell 3% after revealing executive changes, with COO Russell Torres departing before the Kenvue acquisition closes in Q4 2026.
Microsoft (MSFT) stock rallied 37.5% in Q3 2024, its best quarter since 1998. Wells Fargo raised its target to $725 on AI-driven Azure cloud expansion.
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Micron forecasts strong growth with $32B in AI commitments, Oracle secures $7B Tencent deal, while Bitcoin trades near $84,000 as yields hit 2002 highs.
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