AI names push stock markets higher on Friday
On Thursday, Micron Technology, the seller of memory and storage for computers, reported better profit and revenue for the latest quarter than analysts expected. Micron also gave forecasts for upcoming profit and revenue that blew past analysts’ expectations.“I just think that because it was such a hot print from Micron, it just boosted all these AI stocks and the beneficiaries like Nvidia and so forth,” Bryan said.Technology stocks were once again the main force behind the market’s broader moves, especiall ...