MU
MU$1,068.22▲ +1.35%
MU closed $1068.22 +1.35%; RSI 55.7, SMA20 1005.67 and $924.03/$1096.16 band guide tomorrow.
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Why the Nasdaq Keeps Hitting Records While Rates Stay High: Profits, AI and Bond Pressure
Bora Ozkent argues the Nasdaq's all-time high, despite high rates and oil, is explained by record corporate profits and AI investment; he reviews record short positioning in Treasuries plus fresh data on Nvidia, Micron, Intel and SpaceX.