Micron delivers the AI hammer. But stock gains are made elsewhere.
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► My Trades. Direct Exchange. 👉 https://markuskoch.de/link/youtube/description * ► Instagram: https://www.instagram.com/kochwallstreet/ ► Podcast: https://apple.co/3ehK4mP ► Imprint: https://www.markuskoch.de/impressum Wall Street starts October on a friendly note, even though oil and yields are rising again. The focus is on Micron's figures. The memory chip manufacturer significantly exceeds expectations. Even more important is the raised outlook. Compared to this year, the supply-demand situation for memory chips will be even tighter in 2027 and 2028. JPMorgan accordingly speaks of a "decisive beat-and-raise" and sees a strong multi-year earnings story. Additional tailwind for the AI complex comes from Hewlett Packard Enterprise, Jabil, and Google, which presented its new Frontier model, Gemini 4 Argon. Higher energy prices and yields, however, remain a burden. Therefore, today's ISM Manufacturing Index will be particularly important. The September indicator will be reported at 4 PM CET. *Advertisement
