Good afternoon, you're listening to Markets Desk.
Nvidia is once again commanding the room. Jensen Huang's guidance for seventy percent revenue growth in fiscal twenty twenty eight came in nearly double what Wall Street had penciled in at forty four percent, and that forecast lands alongside Amazon committing to purchase two million Nvidia GPUs. The Vera Rubin architecture ramp is the engine here, and the market is now wrestling with whether that number is ambition or blueprint.
Turning to the broader index, the S&P five hundred's quarterly rebalancing is imminent, and names like Twilio, Bloom Energy, and Cheniere Energy are in serious contention for inclusion. Index additions matter mechanically — passive funds are obligated buyers the moment a stock earns membership, which creates real and immediate demand pressure regardless of underlying fundamentals.
And on the memory side, Micron is catching a bid today after Lynx Equity reaffirmed its price target of one thousand three hundred twenty five dollars per share. Micron's fortunes are tightly coupled to the AI infrastructure buildout, and with Nvidia's demand signals flashing as strong as they are, the case for high-bandwidth memory suppliers only gets more compelling.
That's the tape. Markets Desk, signing off the floor.
