Wood Mackenzie & Micron Technology

Wood Mackenzie: Wood Mackenzie is a global leader in analytics, insights, and proprietary data across the energy and natural resources landscape. It has published new analysis outlining three distinct outcomes for global LNG markets following the closure of the Strait of Hormuz.

Micron Technology: Micron Technology jumped 7.2%, indicating a strong recovery in AI-related stocks.

Wood Mackenzie: Consultancy projects electrical equipment market for data centers to double to $66 billion by 2030.

Micron Technology: Micron gained 4.9% on AI-driven memory demand. The company is expected to benefit from continued AI infrastructure spending.

Wood Mackenzie: Consultancy expects refining margins and utilization to remain strong through the decade.

Micron Technology: Micron rose 4.5% on AI optimism, benefiting from strong demand for memory chips.

Wood Mackenzie: Consultancy expects refining margins and utilization to remain strong through the decade.

Micron Technology: Micron's stock fell in premarket trading due to higher yields and risk-off sentiment.

Wood Mackenzie: Wood Mackenzie, an energy firm, has estimated Iran's oil output decline and onshore storage levels, highlighting the economic pressure on Iran.

Micron Technology: Micron Technology's stock dropped, contributing to market decline, but this is linked to the performance of AI technology stocks, not the US-Iran peace deal.