US stocks opened higher: Dow up 0.5%, S&P 500 up 0.4%, Nasdaq up 0.4%. Micron Technology (MU.O) rose 1%; CEO said current customer demand exceeds company supply by roughly 50%. Broadcom (AVGO.O) rose 1.6% as it seeks more than $60 billion in debt financing to build chip infrastructure for AI companies. Most major Chinese ADRs were higher; Beike (BEKE.N) gained 4.9% post-earnings and NetEase (NTES.O) rose 4.4%.

2026-08-21

US stocks opened higher: Dow up 0.5%, S&P 500 up 0.4%, Nasdaq up 0.4%. Micron Technology (MU.O) rose 1%; CEO said current customer demand exceeds company supply by roughly 50%. Broadcom (AVGO.O) rose 1.6% as it seeks more than $60 billion in debt financing to build chip infrastructure for AI companies. Most major Chinese ADRs were higher; Beike (BEKE.N) gained 4.9% post-earnings and NetEase (NTES.O) rose 4.4%.