AI Bias Analysis
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Shares of Micron and Sandisk jumped after Melius Research said in a report that demand for memory will remain strong through the end of the decade.
Source
CNBC
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Gold was little changed as traders weighed the latest efforts by the US and Iran to find a negotiated solution to the two-month war that’s choked energy supplies and heightened inflation risks.
Arm shares led Nadsaq 100 decliners on Monday, reflecting more general pressure on AI names and specific concerns about whether Arm will play a role in a potential Qualcomm-OpenAI chip.
Oil held a gain as traders weighed the next steps toward peace talks over the Iran war, with the US discussing a proposal from Tehran while the crucial Strait of Hormuz remained almost impassable.
Asian stocks were poised for a soft open Tuesday as investors braced for a wave of earnings from tech giants while keeping a close eye on developments in the Strait of Hormuz.
