Micron and AI Trade; Clarity Act Vote; Lilly PT
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Micron (M) shares are moving slightly amid the broader moves in the AI trade. It also comes as the Micron Taiwan workers’ union rejected a reward package unveiled by US-based Micron Technology last week, saying it wants a long-term mechanism under which employees would share 15% of the company’s operating profits, according to the semi-official Central News Agency report.
- Strategy (MSTR) shares are moving ahead of the CLARITY Act vote in the Senate today, which would provide rules on cryptocurrencies and digital assets.
- Eli Lilly (LLY) shares are higher as Berenberg analyst Kerry Holford raised the recommendation on Eli Lilly & Co. to buy from hold. The price target is set to $1,400, implying a 23% increase from last price.
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