「Stock God」 Serenity Evaluates Micron's Market Cap Exceeding $1 Trillion: The Next NVIDIA, Targeting $1.5 Trillion by 2027

Zhihu Finance APP noted that medical device companies are expected to go through another sluggish earnings season before entering 2027 with the strongest growth outlook in more than two years—following a challenging period for the industry marked by policy uncertainty, cyberattacks, and product recalls.

Pakistan's national oil company has signed an oil supply agreement with Oman OQ.

(1) Commerzbank warns that France's debt issues may pose an even greater systemic risk to the eurozone than the Greek sovereign debt crisis. (2) The institution points out that public debt in the eurozone currently averages about 90% of economic output, up from around 80% in 2009. (3) Meanwhile, the willingness of various parties to advance fiscal reforms has weakened. (4) However, a more robust banking system, French institutions, and the intervention tools of the European Central Bank have reduced the likelihood of risk contagion. (5) Commerzbank does not expect a new sovereign debt crisis to occur but warns that related risks are on the rise. (6) On the market front, France's fiscal trajectory and the sustainability of eurozone debt remain potential variables in the pricing of long-term interest rates. (7) Ongoing attention should be paid to the progress of French fiscal reforms and the application of European Central Bank policy tools.

(1) Hartnett from Bank of America pointed out that money market funds saw net inflows of approximately $166 billion last week, marking the largest weekly inflow since April 2020 and indicating that a large amount of capital remains on the sidelines. (2) Hartnett emphasized that without sustained interest rate cuts from the Federal Reserve, this cash is unlikely to move into risk assets easily — in other words, "no rate cuts, no deployment of cash." (3) In terms of equities, Bank of America recommends maintaining a defensive stance before the midterm elections, with the market potentially fluctuating around 10% in both directions. (4) For the technology sector, Bank of America suggests not increasing positions at this time and believes that tech giants will outperform the semiconductor sector. (5) In bonds, Bank of America advises buying 30-year US Treasuries once yields have peaked. (6) Regarding small-cap stocks and REITs, Bank of America sees selective buying opportunities. (7) For gold and commodities, Bank of America recommends continued holding. (8) In emerging markets, Bank of America also recommends holding and sees the Chinese technology sector as worth watching. (9) In terms of market breadth, about half of global stock indices have fallen below key moving averages. (10) Bank of America's Bull & Bear Indicator dropped from 8.8 to 8.1, still in the sell zone. (11) Overall, market sentiment remains cautious, with fund flows closely tied to rate cut expectations. Further attention should be paid to the Federal Reserve's policy path and market concerns triggered by Trump's tariff-related remarks.