Meta Stock Rises 3.4% After Muse Wonder AI Model Launch
Meta (META) closed at $742.96 as its new AI model, built to take on OpenAI and Anthropic, won over investors.
Daily Digest
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Pomegra Briefs - Page 15 of 52
Short, sourced summaries of the biggest market stories - what happened, why it matters, the key numbers, and what to watch next
Meta (META) closed at $742.96 as its new AI model, built to take on OpenAI and Anthropic, won over investors.
Nvidia (NVDA) slips as Microsoft (MSFT) may deploy over 1 million Maia 300 chips next year to cut reliance.
Lumentum (LITE) closed at $995.41 as peers Coherent and Applied Optoelectronics fell about 7% midday.

Micron (MU) fell as Sandisk dropped 5.7% after China's CXMT said it will launch denser server memory chips
Stellantis (STLA) rose as an EU-China understanding could cut Chinese hybrid exports by over half.
CCC Intelligent Solutions (CCC) reached $7.71 as GTCR and Elliott neared a deal to buy the software maker.

Taiwan's TAIEX (^TWII) ends at 49,301.96 as China holds drills in five zones, nearest off Zhejiang.

Pyongyang's launch followed Seoul's hypersonic test; KOSPI (^KS11) fell 3.65% mainly on a chip sell-off.

IonQ (IONQ) will pay up to $1.3B in its own shares for Elisity, and quantum peers D-Wave and Rigetti slid 4%.
Salesforce (CRM) trades near $237 as BofA lifts its price target to $285 from $160 on AI optimism.
The Friday gains came days after a plague-scare spike faded. Sources tie them mainly to a report on a national cancer-vaccine effort, not to the Russian plague case or Vaxcyte's trial result.

Traders see just a 17% chance of an October 28 hike after weak jobs data, with Warsh due in Bangkok.

Brent crude (BZ=F) trades near $103 and US WTI near $90 as Russian strikes on Ukraine's energy sites continue.

KOSPI (^KS11) closed at 6,384 as Samsung and SK Hynix fell over 4% on oil, inflation and AI-bubble worries.
Amazon (AMZN) is weighing a Decart deal that is 75% above its May value, as Nvidia also eyed the startup.
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