50%+ of stocks in the NYSE are below their 200 dma. The S&P 7 distorts this gauge.

Micron hits $1 trillion market cap for the first time as stock surges 19%

  • Micron topped a $1 trillion market value for the first time on Tuesday.
  • Shares popped after UBS nearly tripled its price target on the stock.
  • Micron is among a new group of chipmakers benefiting from the shift to agentic AI.