Mizuho analyst Vijay Rakesh saw the potential for a Yangtze Memory Technologies Co ban and expanding restrictions from AI or GPUs to include compute/memory, happening in short order. Based on checks from his Washington team, the analyst believes expanded restrictions could happen soon. He assumed a ban on YMTC could be a near-term positive for memory and Micron Technology, Inc (NASDAQ: MU) (Neutral; Price Target $52) or Western Digital Corp (NASDAQ: WDC) (Neutral; Price Target $40), but he belie Read More...
Bloomberg
One Big Option Trade Fueled S&P 500’s Midday Jump, Wells Fargo Says
(Bloomberg) — One giant options transaction may have sparked the S&P 500’s bounce on Wednesday, according to Wells Fargo & Co. Most Read from BloombergMusk Revives $44 Billion Twitter Bid, Aiming to Avoid TrialTrump Says US Agency Packed Top-Secret Documents. These Emails Suggest Otherwise.One Big Option Trade Fueled S&P 500’s Midday Jump, Wells Fargo SaysMar-a-Lago Documents Included Pardons, Emails, Legal BillsLoretta Lynn, Coal Miner’s Daughter And Country Queen, DiesThe trade, which involve
