AI Rally Expands the $1 Trillion Club to SK Hynix and Micron

AI-driven gains push SK Hynix above $1 trillion in market value as Micron rallies; China’s April industrial profits jump about 24.7%, and European firms remain committed to Chinese manufacturing. ECB signals it will do what’s necessary to bring inflation to 2% while markets hover near records, and investor attention turns to Ferrari’s disappointing Luce EV launch and BP’s share decline after the chairman’s exit over conduct concerns.