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Jul 15 at 09:41 AM
The biggest US banks reported earnings yesterday with a stellar record. Both J.P. Morgan & Goldman Sachs reported way better than expected earnings, which led the banking sector higher. The finance sector is finally getting some love - even local banks are creating new highs everyday. Yet, the hype still stays within the memory sector. It is no longer a surprise to see Micron for example, to be down 6% today just to be up another 10% the next day.
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