Pre-Market News Overview: Micron CEO Says AI Has Completely Broken the 'Memory Boom-and-Bust Cycle'

Odaily Planet Daily reports that before the U.S. stock market opens, investors should focus on the following key financial market news: 1. Futures for the three major U.S. stock indices are moderately rising. Dow Jones Index futures are up 0.64%, S&P 500 Index futures are up 0.51%, and Nasdaq 100 Index futures are up 0.74%. 2. International oil prices are fluctuating within a narrow range. WTI crude oil futures are up 0.22%, trading at $87.022 per barrel; Brent crude oil futures are up 0.28%, trading at $94.047 per barrel. 3. Spot prices for gold and silver are collectively strengthening. Spot gold prices are up 1.30%, trading at $4577.85 per ounce; spot silver prices are up 1.84%, trading at $69.32 per ounce. 4. The three major European stock indices are slightly higher. The UK FTSE 100 Index is up 0.20%, the French CAC40 Index is up 0.20%, and the German DAX30 Index is up 0.34%. 5. Micron Technology's CEO stated that AI has completely transformed the outlook for the memory industry, creating a more sustainable source of demand for memory. He added that current customer demand exceeds Micron's supply commitments by approximately 50%. 6. OpenAI has launched a new feature allowing users to control Apple's iMessage service via the Mac version of ChatGPT. Industry insiders believe this feature may directly compete with Apple's Siri AI, which is set to launch next month. 7. Anthropic is expected to introduce a brand-new security system for its Claude chatbot later this year. The system will retain enterprise customer data for 30 days but will allow data to be stored on the enterprise's own cloud servers. 8. Elon Musk recently announced that plans to recover the second stage of Starship may be delayed by several months, with the next Starship test flight potentially happening at the end of this year or early next year. 9. Musk stated that SpaceX's goal is to achieve approximately 10,000 launches annually by 2030, and by the late 2030s, SpaceX's revenue growth will far exceed 2000%. 10. The U.S. Manhattan Bankruptcy Court has delayed approval of Google's $10 million acquisition of Spirit Airlines' data. 11. Bank of America stated that U.S. Treasury Secretary Besant's buyback plan is equivalent to "quasi" quantitative easing. If the 30-year U.S. Treasury yield cannot be brought below 5%, it may trigger short bets on risk assets.