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S&P 500 futures rise as Micron surges after earnings; Wall Street awaits key inflation reading: Live updates CNBCStock market today: Dow, S&P 500, Nasdaq futures rise as Micron, Qualcomm ease AI jitters Yahoo FinanceMicron and Qualcomm forecasts ignite $400 billion AI chip stock rally ReutersStock Market News, June 24, 2026: Micron Earnings Spark Tech Turnaround WSJ
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The South Korean memory company could give investors more opportunities beyond Micron, though it may also raise awareness of industry dynamics.
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The announcements followed the release of the Federal Reserve's annual stress test, which found that all 32 large banks weathered a hypothetical recession.
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Federal Reserve Board's annual bank stress test confirms that large banks are well positioned to weather a severe recession and able to continue to lend to households and businesses Federal Reserve (.gov)Federal Reserve says U.S. banks can withstand $708 billion in losses amid overhaul of capital rules CNBCUS banks would lose $700bn in economic crash, Fed stress tests find Financial TimesJPMorgan Chase Board OKs Billions in Buybacks WSJ
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US Stock Futures Surge on Micron's Strong Forecast: Markets Wrap Bloomberg.comMicron to report third quarter earnings amid sky-high demand from data centers Yahoo FinanceMicron's Blockbuster Earnings Quiet the AI Doubters WSJMicron and Qualcomm forecasts ignite $400 billion AI chip stock rally Reuters
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Elon Musk loses trillionaire status as SpaceX and Tesla stock drops The GuardianElon Musk loses trillionaire status as global tech rout hits SpaceX BBCSpaceX Stock Price Is Slumping After Its Blockbuster IPO The New York TimesSpaceX's drop off sees Elon Musk's net worth fall $240 billion—roughly the same value as computing giant IBM FortuneElon Musk Just Lost His Trillionaire Status Forbes
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The Fed's annual exercise comes at a pivotal moment for bank regulation because, unlike previous years, the results will not affect capital requirements.
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