1. Citadel Securities warns the market may be underestimating Fed rate hike risks due to persistent inflation drivers like strong wage growth and burgeoning AI investments.
2. AST SpaceMobile successfully launched its BlueBirds 8, 9, and 10 communication satellites into orbit, leading to a premarket stock rally.
3. Major banks like Citigroup and Deutsche Bank significantly raised price targets for semiconductor giants such as Micron Technology, Lam Research, KLA Corp, and Applied Materials.
Inflation & Tech Surge Drive Market Sentiment
