Memory Surge, Energy Dip, Biotech Boom | Business and Finance News

Memory chips soared as CXMT’s Shanghai IPO blasted off with a 466% jump, sending SK Hynix, SanDisk, and Micron higher—fueling tech sector confidence. Energy stocks tanked after U.S.-Iran attack pause news, dragging Chevron and ExxonMobil down. Biotech got a major boost as Forte Biosciences is set to be acquired by Argenx for $2.2B, a 40% premium. Baker Hughes beat earnings estimates, with CEO upbeat on fundamentals despite Middle East turmoil, aiming for full-year targets. Amkor Technology’s shares climbed ahead of earnings, signaling strong investor anticipation in semiconductors. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/30381014b1c3291b