Stocks Rally as Micron Lifts AI Optimism Ahead of PCE | Bloomberg Brief 6/25/2026 (opens original article in a new tab)

Stocks rallied following Micron's strong forecast, while oil prices dropped to pre-war levels ahead of PCE data.

• US equity futures jumped after Micron's forecast exceeded expectations
• Oil prices fell to pre-war levels as investors awaited PCE data
• Analysts from CLSA and Robinhood discussed Micron's earnings and memory chip strength