In a dramatic turn for the global semiconductor sector, Micron Technology, the largest memory chipmaker in the United States, has ignited a market rally with its announcement of mass production and commercial shipment of next-generation HBM4 memory. The news, delivered on February 11, 2026, set off a surge in Micron’s stock price and sent ripples through exchanges from New York to Seoul—underscori...
In a dramatic turn for the global semiconductor sector, Micron Technology, the largest memory chipmaker in the United States, has ignited a market rally with its announcement of mass production and commercial shipment of next-generation HBM4 memory. The news, delivered on February 11, 2026, set off a surge in Micron’s stock price and sent ripples through exchanges from New York to Seoul—underscoring the outsized influence of semiconductor innovation on global markets. Micron’s stock soared by 9.94% to close at $410.34 on the New York Stock Exchange, up $37.09 from the previous day’s close of $373.25, according to TopStarNews. The day saw the stock trade between $386.57 and $414.16, with a staggering volume of over 47.6 million shares and a trading value of $19.1 billion. Even after the bell, investor enthusiasm persisted, pushing the price up another 1.25% to $415.48 in after-hours trading. The company’s market capitalization ballooned to $461.8 billion, reflecting the market’s growing confidence in Micron’s future prospects. The catalyst for this bullish run? Micron’s official confirmation that it has begun mass production and commercial shipment of HBM4, a high bandwidth memory chip critical for artificial intelligence (AI) and advanced computing applications. Mark Murphy, Micron’s Chief Financial Officer, told industry watchers at the Wolfe Research Conference, “We have started mass production and commercial shipment of HBM4 and are very satisfied with its performance.” This statement, reported by Edaily, helped dispel lingering concerns that Micron was falling behind rivals like SK Hynix and Samsung Electronics in the fiercely competitive HBM market. Wall Street took notice. Morgan Stanley responded by raising its price target for Micron from $350 to $450, citing the anticipated ramp-up in supply to Nvidia starting in the second quarter and the ongoing supply shortage of HBM chips. Analyst Joseph Moore commented, “Entry into Nvidia’s supply chain will accelerate...
Betsey Stevenson, Professor of Public Policy and Economics at the University of Michigan, discusses the latest US payrolls report and says the market has not necessarily turned a corner. She speaks with Shery Ahn and Avril Hong on Bloomberg's The Asia Trade. (Source: Bloomberg)
Betsey Stevenson, Professor of Public Policy and Economics at the University of Michigan, discusses the latest US payrolls report and says the market has not necessarily turned a corner. She speaks with Shery Ahn and Avril Hong on Bloomberg's The Asia Trade. (Source: Bloomberg)
Market Snapshot USD/INR ₹90.71 +0.1% Nifty 50 Index 25,953.85 +0.1% India 10-Year Bond Yield 6.71% -0.05 Spot Gold ($/oz) $5,057.19 -0.5% S&P 500 Futures 6,967.75 +0.1% Market data as of 08:15 AM IST, Feb. 12, 2026, or the previous close for Indian markets. Data is subject to provider delays. Good morning... I’m Ashutosh Joshi, and I cover equities in Mumbai. Asian stocks are extending their lead ...
Market Snapshot USD/INR ₹90.71 +0.1% Nifty 50 Index 25,953.85 +0.1% India 10-Year Bond Yield 6.71% -0.05 Spot Gold ($/oz) $5,057.19 -0.5% S&P 500 Futures 6,967.75 +0.1% Market data as of 08:15 AM IST, Feb. 12, 2026, or the previous close for Indian markets. Data is subject to provider delays. Good morning... I’m Ashutosh Joshi, and I cover equities in Mumbai. Asian stocks are extending their lead over US peers this year as relatively cheap valuations and firmer growth prospects lure buyers. That’s even as a strong US employment report saw traders pare bets for Federal Reserve interest-rate cuts. Back home, the benchmark Nifty rose for a fourth straight session on Wednesday — its longest winning streak since mid-November — on optimism that budget spending and lower US tariffs will boost the economy. That is likely to fuel an ongoing rotation as investors favor sectors tied to the domestic economy over tech names. Focus today will be on earnings from Hindustan Unilever, Coal India, ONGC and Hindalco. Also, watch out for inflation data as India will publish figures based on a new index. In today’s newsletter, we write about: Clean energy stocks getting back in the game Foreign funds’ fascination with metal stocks An earnings boost for Eicher Motors But first, a key shift in the pecking order of Indian stocks. Markets Buzz: SBI Supersedes TCS State Bank of India has overtaken software giant Tata Consultancy Services in market value for the first time in 15 years, signaling a rotation into domestically focused names. The crossover comes as globally exposed sectors like IT exporters are swept up in the tech selloff and face growing pressure from artificial intelligence. India’s banking space has become a hotbed of dealmaking in Asia, and the government’s renewed push to let foreign investors own up to 49% in state-run banks is adding to the optimism. Three Things to Start Your Day Clean energy stocks recharge after trade pact India’s renewable energy stocks are shedding t...
Kim Forrest, CIO at Bokeh Capital Partners, says markets are overreacting to the so-called "AI scare trade" after investors rushed to dump shares of software firms, private credit companies, wealth managers and insurance brokers within the span of just over a week. She speaks with Shery Ahn and Avril Hong on Bloomberg's The Asia Trade. (Source: Bloomberg)
Kim Forrest, CIO at Bokeh Capital Partners, says markets are overreacting to the so-called "AI scare trade" after investors rushed to dump shares of software firms, private credit companies, wealth managers and insurance brokers within the span of just over a week. She speaks with Shery Ahn and Avril Hong on Bloomberg's The Asia Trade. (Source: Bloomberg)
Caring For Mom Is An Education In Scams And Fraud Authored by Nancy Rommelmann via RealClearInvestigations , It was summer 2021, and my mother’s desk was a mess, including a torn envelope from the IRS shoved in the back of a drawer. “Mom?” I asked. “Did you pay your taxes?” My mother, increasingly forgetful at 84, said she wasn’t sure. She told me to call her accountant of 30 years, who said the t...
Caring For Mom Is An Education In Scams And Fraud Authored by Nancy Rommelmann via RealClearInvestigations , It was summer 2021, and my mother’s desk was a mess, including a torn envelope from the IRS shoved in the back of a drawer. “Mom?” I asked. “Did you pay your taxes?” My mother, increasingly forgetful at 84, said she wasn’t sure. She told me to call her accountant of 30 years, who said the taxes hadn’t been paid but that he would take care of it. That’s not all he took care of. Within the year, a family member had my mother sign a blank check, which the accountant (or someone in his office) filled out for $25,000 to supposedly take over paying my mother’s bills – a task I was already doing. Instead of using the money for bills, the accountant paid himself the lion’s share of the funds . He then sent me an invoice for work I’d previously paid him for, at which point I told him never to contact my mother or me again. The accountant does not work in some grubby backroom but for a white-shoe firm in a Manhattan office tower. I don’t know if this firm does legitimate business. I do know that the moment he had the opportunity to take advantage of a decades-long trust, he took it. He’s not the only one. In the six years since I’ve taken my mother’s finances in hand, I’ve dealt with dozens of schemes meant to bilk the elderly , including phone scammers who promised my mother she had won a Mercedes, home health aides who inflated their hours, people forging my mother’s signature, and a relative who had her sign over her car. “ I don’t know why we had to go to the DMV, ” my befuddled mother told her caregiver, after the relative had dropped her off and then driven away. As hard as I tried to protect my mother from con artists, there is no way I could have predicted all the schemes, both clever and dumb, that industries and individuals constantly perpetrate on the elderly. Some will be strangers; others will be trusted confidantes and family members. Did I mention the be...
Earnings Call Insights: Paycom Software, Inc. (PAYC) Q4 2025 Management View CEO Chad Richison stated Paycom "exceeded our strategic and financial goals by focusing on full solution automation, client ROI achievement and providing world-class service." He highlighted double-digit recurring revenue growth, near-record adjusted EBITDA margins, and a record number of clients returning to the platform...
Earnings Call Insights: Paycom Software, Inc. (PAYC) Q4 2025 Management View CEO Chad Richison stated Paycom "exceeded our strategic and financial goals by focusing on full solution automation, client ROI achievement and providing world-class service." He highlighted double-digit recurring revenue growth, near-record adjusted EBITDA margins, and a record number of clients returning to the platform in 2025. Richison noted, "Automation is the future of our industry, and Paycom is leading the way with the most automated solution in the market." He described product advancements—including automation tools, Beti, GONE, and the AI product IWant—as central to the company's differentiation. Richison reported that revenue retention increased to 91% in 2025, and said, "We still only have approximately 5% of the total addressable market and the opportunities ahead of us are robust." CFO Robert Foster reported, "We delivered strong fourth quarter results with total revenue of $544.3 million, up 10.2% over the comparable prior year period and recurring and other revenue of $517.1 million, up 11.2% year-over-year." He also stated, "Adjusted EBITDA margin remained strong in Q4 at 43.4% or $236.3 million." Outlook Foster provided guidance for 2026: "For fiscal 2026, we expect total revenue to be between $2.175 billion and $2.195 billion or between 6% and 7% year-over-year growth." Recurring and other revenues are expected to be up "between 7% and 8% year-over-year." The company projects full-year adjusted EBITDA in the range of $950 million to $970 million, with an adjusted EBITDA margin of approximately 44% at the midpoint. Management stated that guidance is "our best estimate for certain key metrics based on what we can see today for revenues and budgeted expenses." Financial Results 2025 full-year total revenue reached $2.05 billion, with recurring and other revenue at $1.94 billion, both ahead of initial expectations. Full-year adjusted EBITDA grew 14% year-over-year to $882 mi...
Sasiphat died of her injuries before dawn on Thursday, local police said. The student who was shot is in stable condition. Another student who jumped out of a window during the siege has suffered an ankle injury, police said.
Sasiphat died of her injuries before dawn on Thursday, local police said. The student who was shot is in stable condition. Another student who jumped out of a window during the siege has suffered an ankle injury, police said.
2月12日，晨星发表研报指，渣打集团首席财务官Diego De Giorgi实时离任，目前职务将由副财务总监Peter Burrill暂时接替。 晨星认为是次管理层变动消息属意外负面因素，将引发市场对该行人事变动及继任安排的担忧，但指出行政总裁温拓思未表示有任何退休计划，相信渣打未来将继续专注执行Fit for Growth策略，在Peter Burrill领导下仍能实现目标，因此预期是次事件对渣...
2月12日，晨星发表研报指，渣打集团首席财务官Diego De Giorgi实时离任，目前职务将由副财务总监Peter Burrill暂时接替。 晨星认为是次管理层变动消息属意外负面因素，将引发市场对该行人事变动及继任安排的担忧，但指出行政总裁温拓思未表示有任何退休计划，相信渣打未来将继续专注执行Fit for Growth策略，在Peter Burrill领导下仍能实现目标，因此预期是次事件对渣打营运影响有限。晨星对渣打维持营运预测及公允价值估算不变，认为港股合理价值为150港元，伦敦上市股份合理价值则为1460便士，认为其估值偏高，随着利率下行渣打的息差将受压。