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15:39
MSCI Nordic Countries Index rises by 0.7% to 387.50 points
Among the ten sectors, the Nordic industrial sector saw the largest increase. Neste Oyj rose by 3.5%, leading all Nordic stocks.
15:31
U.S. stocks plunge unexpectedly; high-leverage ETFs, AI uncertainty, and crypto liquidations cited as triggers
The Nasdaq 100 index fell 1,000 points in 27 minutes, and the S&P 500 wiped out $1 trillion in market value, reversing from a 1% gain at the open to a 3% decline. US PCE inflation rose to 4.1%. Apple announced price increases of up to 25% for Mac and iPad due to soaring AI chip costs; Apple shares fell nearly 6%, erasing $220 billion in market value. The Kobeissi Letter believes that widespread high-leverage ETFs, AI uncertainty, and massive cryptocurrency liquidations are the main drivers of increased volatility, and expects market volatility to continue.
15:28
BNP Paribas significantly raises Micron’s target price to $1,700
Glonghui, June 25th|BNP Paribas has raised its target price for Micron Technology from $615 to $1,700, maintaining an “outperform” rating. (Glonghui)
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