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1Bitget UEX Daily | Major Indices Rise Together with MU Hitting New Highs; US-Iran Talks Continue to Advance; Earnings Season Enters Critical Window (May 27, 2026)2Everyone is dumping software and buying chips.3SpaceX IPO Plants a “Governance Nuclear Bomb”: Musk Is Almost Impossible to Remove, Shareholder Rights Protection Threshold as High as $52.5 Billion
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Philadelphia Semiconductor Index Declines by 1% On May 27, the Philadelphia Semiconductor Index saw its intraday decline widen to 1%. GlobalFoundries fell nearly 10%, Qualcomm dropped over 6%, Intel decreased by more than 3%, and ARM declined by nearly 2%. Meanwhile, Micron Technology and TSMC saw their gains fall back to over 2%.
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Spot Gold Declines by 2% On May 27, spot gold saw its intraday decline widen to 2%, trading at $4,416.32 per ounce.
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U.S. Stocks Open Higher with All Three Major Indices Up U.S. stocks opened higher, with all three major indices rising: the Dow Jones increased by 0.18%, the S&P 500 rose by 0.07%, and the Nasdaq gained 0.17%. Micron Technology (MU.O) surged by 6.6% after UBS significantly raised its target price to $162.50.
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