By Alex Financials

Micron Technology’s Outlook Boosts Semiconductor Sector (MU)
Micron Technology (MU) shares surged 16% in premarket trading after reporting impressive Q4 earnings, driven by strong AI demand. The company’s positive outlook also lifted other semiconductor stocks, including Nvidia (NVDA), ASML Holding (ASML), Advanced Micro Devices (AMD), and Broadcom (AVGO), reflecting growing investor optimism around the chipmaking sector.

Costco Set to Report Q4 Earnings (COST)
Costco Wholesale (COST) is expected to post higher sales and profit in its Q4 earnings report today. The company recently raised membership fees, contributing to its strong performance this year, with shares climbing nearly 40%.

Meta Platforms Reaches New Heights (META)
Meta Platforms (META) continues its upward trend, adding another 2% in premarket trading after setting a record high on Wednesday. The company unveiled new products, including augmented reality glasses and AI features at its annual Connect conference, boosting investor confidence.

OpenAI’s Major Restructuring Plans
OpenAI is reportedly planning to restructure into a for-profit entity, giving CEO Sam Altman a significant stake. This move comes amidst key personnel exits, including longtime CTO Mira Murati, as OpenAI seeks to stabilize amid internal challenges.

Federal Reserve Watch: Powell’s Speech on Tap
Federal Reserve Chair Jerome Powell and other Fed officials are set to speak today, marking Powell’s first public remarks since last week’s significant rate cut. Markets will closely monitor these comments for insights into the economic outlook and potential future policy moves.

These developments highlight the ongoing dynamics in the tech and retail sectors, as well as broader market implications driven by Federal Reserve policies​