Tag: Citi
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Dow Jones Today: AI Demand Fuels Gains in Memory Stocks as Indexes Drop
AI Demand Boosts Memory Stocks as Markets Slip Wall Street faced a cautious session as the Dow and broader market pulled back, but a clear bright spot emerged: memory and data-storage players benefited from persistent demand tied to artificial intelligence. Micron Technology (MU) led Nasdaq gains on rising price targets and upgraded earnings estimates, while…