The Information reports Google's AI project is pressing publishers to allow their content to be used to train AI models.

Morgan Stanley raised its price target on Micron Technology (MU.O) to $1,200 from $1,050 and maintained an Overweight rating. The bank lifted its FY2027 EPS estimate by about 40% to $168 a share and raised its free cash flow forecast to $140bn from $104bn. Morgan Stanley, aligned with Micron management, said AI will drive DRAM demand to materially outstrip supply after 2027. Micron’s most recent quarter conformed to this trend and both results and guidance show significant upside.

Williams said the current monetary policy stance is well positioned to return inflation to the Fed's 2% target but acknowledged material risks remain to fulfilling the central bank's dual mandate. He said inflation is undoubtedly elevated and well above the Committee's 2% goal, and he expects inflation to ease modestly over the next few quarters, though significant risks persist.