Micron, Alibaba, and Lululemon Drive Stock Market Rally Amid Ebbing Bank Fears.
TL;DR Summary
The stock market rally is now in a confirmed market uptrend after staging a follow-through day Wednesday on upbeat corporate news, ebbing bank fears and relatively tame inflation data. Micron Technology buoyed chips despite terrible results and near-term guidance. Alibaba boomed on a major restructuring. Lululemon Athletica and China EV giant BYD were earnings winners.
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