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Megacaps spooked, world bonds on edge

MORNING BID AMERICAS-Megacaps spooked, world bonds on edge A look at the day ahead in U.S. and global markets from Mike Dolan Cloudy outlooks from U.S. megacaps Microsoft and Meta combined with edgy government bond markets around the world to unsettle investors on Thursday, with the latest U.S. opinion polls showing next week's presidential election is no foregone conclusion.
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Micron Announces Changes To Its Board Of Directors

BRIEF-Micron Announces Changes To Its Board Of Directors Oct 30 (Reuters) - Micron Technology Inc MU.O : MICRON ANNOUNCES CHANGES TO ITS BOARD OF DIRECTORS MICRON TECHNOLOGY INC - BOARD CHAIR ROBERT SWITZ TO RETIRE JAN. 16, 2025 MICRON TECHNOLOGY INC - SANJAY MEHROTRA TO BECOME MICRON BOARD CHAIR, LYNN DUGLE LEAD INDEPENDENT DIRECTOR Source text: I
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US chip stocks down after AMD, QRVO dour forecasts

BUZZ-US chip stocks down after AMD, QRVO dour forecasts Updates ** U.S.-listed chip stocks fall after Advanced Micro Devices AMD.O and chipmaker Qorvo QRVO.O dour forecasts ** AMD on Tuesday forecast Q4 rev. just shy of estimates and raised its AI chip sales forecast to $5 bln for 2025 - not enough to impress i nvestors looking for a bigger windfal
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U.S. STOCKS Visa, Reddit, Bank of America

BUZZ-U.S. STOCKS ON THE MOVE-Visa, Reddit, Bank of America Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 U.S. stock index futures rose on Wednesday, as Alphabet's strong quarterly results buoyed sentiment around technology megacaps, while investors also awaited crucial data to gauge the strength of the economy and the labor market.
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US chip stocks fall after AMD's downbeat Q4 revenue forecast

CORRECTED-BUZZ-US chip stocks fall after AMD's downbeat Q4 revenue forecast Corrects bullet 2 to say $5 billion AI chip sales forecast is for 2024, not 2025 ** U.S.-listed chip stocks fall premarket after Advanced Micro Devices AMD.O revenue forecast failed to impress investors looking for a bigger windfall from the AI boom ** AMD on Tuesday forecast Q4 rev.
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Alphabet beats and Treasuries rally

MORNING BID AMERICAS-Alphabet beats and Treasuries rally A look at the day ahead in U.S. and global markets from Mike Dolan Markets struggling which way to look will be dizzy again in an event-strewn Wednesday but the spotlight first thing drops on Alphabet's GOOGL.O impressive earnings beat and a relief-rally in election-bruised U.S. Treasuries. A critical fortnight for investors includes next week's U.S.
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Election-agitated Treasuries meet megacap earnings

MORNING BID AMERICAS-Election-agitated Treasuries meet megacap earnings A look at the day ahead in U.S. and global markets from Mike Dolan Even as public borrowing estimates were shaved on Monday, U.S. Treasury yields continue to probe three-month highs as markets lean toward a win for Donald Trump in next week's election and a possible clean sweep in Congress for his Republican party.
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Oil and yen drop on MidEast restraint, Japan indecision

MORNING BID AMERICAS-Oil and yen drop on MidEast restraint, Japan indecision A look at the day ahead in U.S. and global markets from Mike Dolan A monster Halloween week of critical market events kicked off with a sharp slide in both crude oil prices and Japan's yen as tensions eased somewhat in the Middle East while Japan's election injected a rare bout of political uncertainty there.
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Megacap earnings loom, Japan decides, gilts wobble

MORNING BID AMERICAS-Megacap earnings loom, Japan decides, gilts wobble A look at the day ahead in U.S. and global markets from Mike Dolan Tesla's 20%-plus stock surge whets investor appetites for next week's earnings from most of the rest of the "Magnificent 7" of U.S. megacaps - with overseas markets keeping close tabs on weekend elections in Japan and next week's UK budget .
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Markets bounce as Tesla surges, yields retreat

MORNING BID AMERICAS-Markets bounce as Tesla surges, yields retreat A look at the day ahead in U.S. and global markets from Mike Dolan Markets caught a break on Thursday as the white heat of the corporate earnings season saw a beat for megacap Tesla TSLA.O that sent its shares surging 12% before the bell while bond yields beat a retreat on soft business surveys overseas.
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SK Hynix HBM Demand To Remain Higher Than Supply Next Year

BRIEF-SK Hynix HBM Demand To Remain Higher Than Supply Next Year Oct 24 (Reuters) - SK Hynix Inc 000660.KS : SK HYNIX:HBM DEMAND NEXT YEAR IS EXPECTED TO RISE HIGHER THAN EXPECTED SK HYNIX:HBM DEMAND TO REMAIN HIGHER THAN SUPPLY NEXT YEAR SK HYNIX: SK HYNIX: ITS PRODUCTION CAPACITY OF HBM IS LIMITED TO MEET ALL DEMAND FROM CUSTOMERS SK HYNIX: EXPEC
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Nvidia supplier SK Hynix sees no AI chip oversupply as profit soars to record

UPDATE 5-Nvidia supplier SK Hynix sees no AI chip oversupply as profit soars to record SK Hynix posts highest-ever quarterly operating profit of 7 trillion won HBM sales seen making up 40% of total DRAM revenue in Q4, up from 30% in Q3 Chip demand for AI servers stronger than expected for 2025, company says Adds Nvidia CEO comment on Blackwell AI chips in paragraph 7, updates shares in paragraph 10 By Heekyong Yang, Hyunjoo Jin and Joyce Lee SEOUL, Oct 24 (Reuters) - South Korea's SK Hynix 00066
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China tech war seen heating up regardless of whether Trump or Harris wins

UPDATE 1-US-China tech war seen heating up regardless of whether Trump or Harris wins Trump expected to wield tariffs more broadly Harris' approach would likely be more targeted and coordinated Focus expected to be on imports of Chinese devices, exports of US chipmaking tools and AI chips Adds China's restrictions on metals and rare earth elements in 22nd paragraph.
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Dollar rides rising yields, Canada set to ease

MORNING BID AMERICAS-Dollar rides rising yields, Canada set to ease A look at the day ahead in U.S. and global markets from Mike Dolan The dollar continues to ride higher on the back of an anxious pre-election climb in U.S. Treasury yields, notching its best levels in almost three months against the euro and yen on starkly contrasting economic and interest rate pictures.
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China tech war seen heating up regardless of whether Trump or Harris wins

US-China tech war seen heating up regardless of whether Trump or Harris wins Trump expected to wield tariffs more broadly Harris' approach would likely be more targeted and coordinated Focus expected to be on imports of Chinese devices, exports of US chipmaking tools and AI chips By Karen Freifeld Oct 23 (Reuters) - The U.S.-China tech war is all but certain to heat up no matter whether Republican Donald Trump or Vice President Kamala Harris wins the Nov.
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Bonds bowl over the pins, IMF forecasts due

MORNING BID AMERICAS-Bonds bowl over the pins, IMF forecasts due A look at the day ahead in U.S. and global markets from Mike Dolan U.S. Treasuries are starting to balk at post-election fiscal prospects and the resulting spike in benchmark borrowing rates has knocked stock markets off their perch and lifted the dollar to its best level since early August.
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Nasdaq top and bottom performing stocks at about 12:01 p.m. EDT

BUZZ - Nasdaq top and bottom performing stocks at about 12:01 p.m. EDT Nasdaq 100 .NDX Top Performers Percent Change Super Micro Computer Inc SMCI.OQ +2.5% NVIDIA Corp NVDA.OQ +2.4% Marvell Technology Inc MRVL.OQ +2.2% Lululemon Athletica Inc LULU.OQ +1.7% Fortinet Inc FTNT.OQ +1.4% Bottom Performers Percent Change Warner Bros Discovery Inc WBD.OQ -3.1% Charter Communications Inc CHTR.OQ -2.7% Microchip Technology Inc MCHP.OQ -2.5% Micron Technology Inc MU.OQ -2.5% Comcast Corp CMCSA.OQ -2.4% Th
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US set to award Hemlock Semiconductor $325 million for polysilicon production

US set to award Hemlock Semiconductor $325 million for polysilicon production By David Shepardson Oct 21 (Reuters) - The U.S. Commerce Department said Monday it plans to award $325 million to Hemlock Semiconductor to significantly expand production capacity of semiconductor-grade polysilicon as it seeks to shift the chips supply chain. The government grant from the $52.7 billion semiconductor manufacturing and research subsidy program would support construction of a new manufacturing facility on
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Holding stock records, with a golden hedge

MORNING BID AMERICAS-Holding stock records, with a golden hedge A look at the day ahead in U.S. and global markets from Mike Dolan A relatively quiet start to the week for world markets leaves Wall Street pondering the sustainability of the recent record highs as corporate earnings updates pour in, the S&P500 index .SPX nears 6,000 and the election looms .
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Nasdaq top and bottom performing stocks at about 03:45 p.m. EDT

BUZZ - Nasdaq top and bottom performing stocks at about 03:45 p.m. EDT Nasdaq 100 .NDX Top Performers Percent Change Broadcom Inc AVGO.OQ +2.9% Micron Technology Inc MU.OQ +2.8% ASML Holding NV ASML.OQ +2.6% Vertex Pharmaceuticals Inc VRTX.OQ +2.1% Arm Holdings PLC ARM.OQ +1.8% Bottom Performers Percent Change CSX Corp CSX.OQ -6.4% Moderna Inc MRNA.OQ -4.0% Warner Bros Discovery Inc WBD.OQ -3.6% PDD Holdings Inc PDD.OQ -3.2% Lululemon Athletica Inc LULU.OQ -3.2% The Nasdaq 100 .NDX gained 38.10
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