Key Macro Data Release Imminent, US Pre-market Trading Sees Hyperscalers Down Across the Board, Micron and Qualcomm Surge Over 10%

BlockBeats News, June 25th, Micron's earnings report, which exceeded expectations, will face the market test tonight. According to Bitget Market, as of the time of writing, Micron surged nearly 18% in pre-market trading. However, major Hyperscalers such as Microsoft, Amazon, Meta, Apple, and Google, who are Micron customers, saw slight declines in pre-market trading.

On the hardware supply side, optical communication stocks also saw a general rise, with GLW up 6.81% in pre-market trading, AAOI up 3.59%, and COHR up 4.08%.

In addition, Qualcomm released a forecast stating that the annual sales of AI components in the data center market will exceed $15 billion by the 2029 fiscal year, causing the stock price to rise 10% in pre-market trading.

Furthermore, at 8:30 pm tonight, the U.S. will release the latest employment data and Core PCE Price Index, these macro data will also further affect the sentiment of the U.S. stock market tonight.