1. Micron Technology reported record Q3 results and an upbeat Q4 outlook that significantly beat estimates, driving its shares and other chip stocks higher.
2. Qualcomm provided aggressive long-term guidance, targeting up to $100 billion in annual revenue and $40 billion from non-handsets by FY2029, fueled by AI and data centers.
3. JPMorgan Chase announced a new $50 billion share repurchase program and an increased quarterly dividend to $1.65 per share, signaling robust financial sector strength.
Micron & Qualcomm Surge on Strong Outlooks, Major Banks Announce Large Capital Returns
