daz999999999
01-23
$SanDisk Corp.(SNDK)$  

$Procter & Gamble(PG)$  

$Abbott Laboratories(ABT)$  

Today's Big Picture

Economy Stronger Than Expected

The economy grew faster than initially reported last quarter. Unemployment claims hit their lowest level in over a year. Inflation held steady at 2.8, still above the Fed's 2.0 target but not getting worse.

Translation: the Fed has no reason to cut rates anytime soon.

Consumer Giants Feeling the Squeeze

Procter & Gamble $PG and Abbott $ABT are selling less stuff even after cutting prices. McCormick $MKC said tariffs will cost them $50 million this year and they'll raise prices to cover it. The old playbook of hiking prices and hoping customers don't notice is breaking down and everyone’s feeling it.


Greenland "Framework" Pauses Trade War

Trump announced he won't hit European nations with new tariffs after claiming he reached a deal on Greenland. Big reversal from earlier this week when the tariff threats sent markets lower. Denmark says sovereignty isn't up for discussion, but for now the immediate threat is off the table.

Modified in.01-27
Micron, SNDK +10%! Morgan Stanley $450 Target Easy to Hit?
Micron (MU) and SNDK both surged over 10%, defying broader market volatility as capital rotated back into the AI infrastructure trade. Morgan Stanley lifted Micron’s price target from $350 to $450, reiterating an Overweight rating, citing accelerating HBM4 capacity ramp as a key catalyst. SNDK’s rally reflects sustained momentum in storage and data demand, reinforcing the AI data center buildout narrative.
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