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Needham raises Micron Technology (MU.O) PT to $1,550 from $500.

2026-06-22

Needham raises Micron Technology (MU.O) PT to $1,550 from $500.

Other News
2026-06-22

Ship-tracking data show Qatar is recalling empty LNG carriers into waters near the eastern entrance to the Strait of Hormuz as it prepares to restore roughly one-fifth of global LNG supply. Three vessels linked to a Qatari state-owned shipping unit a

Ship-tracking data show Qatar is recalling empty LNG carriers into waters near the eastern entrance to the Strait of Hormuz as it prepares to restore roughly one-fifth of global LNG supply. Three vessels linked to a Qatari state-owned shipping unit are in the Gulf of Oman approaching the Strait; five other Qatar-related ships are near eastern Omani waters and several more are en route. At least three other Qatar-related empty tankers transited the channel in the past week; Doha had previously avoided moving empty LNG carriers into the Persian Gulf on security grounds. Qatar loaded just over 300,000 tons of LNG in the week of June 19, the highest weekly volume since early March but only about one-fifth of levels before U.S. and Israeli strikes on Iran in late February.
2026-06-22

The PBOC said May monthly weighted average of DR001 (overnight pledged repo of interest-rate bonds among deposit-taking financial institutions) was 1.28%, up 5 bps MoM; DR007 was 1.35%, essentially unchanged; R001 (interbank overnight pledged repo) w

The PBOC said May monthly weighted average of DR001 (overnight pledged repo of interest-rate bonds among deposit-taking financial institutions) was 1.28%, up 5 bps MoM; DR007 was 1.35%, essentially unchanged; R001 (interbank overnight pledged repo) was 1.32%, up 2 bps MoM. Daily average interbank lending turnover was 417.28 bln yuan, +18.5% YoY; daily average interbank bond repo turnover was 7.4 tln yuan, +8.1% YoY. End-May outstanding interbank lending balance was 1.0 tln yuan; outstanding interbank bond repo balance was 10.1 tln yuan.
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