1. The US stock storage and memory chip sector saw significant pre-market declines, with shares like Seagate, Western Digital, SanDisk, Micron, and SK Hynix dropping sharply.
2. OPEC raised its 2027 global oil demand growth forecast to 1.94 million bpd, signaling a bullish outlook for the energy market.
3. Meta announced an investment exceeding $50 billion to expand its data center in Louisiana, projecting over 1,000 new roles and local infrastructure improvements.
US Memory Chipmakers Plunge, OPEC Raises Oil Demand, Meta Plans Massive Data Center Expansion