Futures Jump As Micron Revives AI Euphoria, Oil Erases War Gains

Micron's optimistic sales forecast has sparked renewed excitement about artificial intelligence, driving up global stock futures and Nasdaq contracts by 2.1% as investors overlook temporary AI pullback fears. This surge follows Qualcomm's ambitious targets set at its recent investor day. Meanwhile, oil prices have reversed earlier gains driven by geopolitical tensions, indicating a shift in market focus from conflict-driven increases to tech-driven optimism. This tech-led rally underscores the growing importance of AI in shaping market trends and investor sentiment.