---
title: "☕️ [Task Coins Giveaway] Daily Market Talk — Micron Rebounds as Huang Dismisses Glut Fears"
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000953604.md"
description: "Micron bounced Friday as Jensen Huang played down fears of a memory glut, with the Fed and Big Tech earnings ahead. At home, REITs held their gains. Let's dig in 👇💬 Memory makers report this week. Is ..."
datetime: "2026-10-26T02:55:54.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000953604.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000953604.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000953604.md)
author: "[Captain's Watch](https://longbridge.com/en/profiles/24747427.md)"
generator: "portal-rs"
---

# ☕️ [Task Coins Giveaway] Daily Market Talk — Micron Rebounds as Huang Dismisses Glut Fears

Micron bounced Friday as Jensen Huang played down fears of a memory glut, with the Fed and Big Tech earnings ahead. At home, REITs held their gains. Let's dig in 👇

**💬 Memory makers report this week. Is this bounce worth buying, or another chance to sell?**

## 📊 Quick Recap — What Moved & Why

### 🇺🇸 US — Memory Gets a Second Look

**🔑 Key Event:** $Micron Tech(MU.US) closed **+2.46%** Friday, clawing back part of Thursday's rout, as $NVIDIA(NVDA.US) chief Jensen Huang called a 2029 memory glut unlikely. **Three memory makers report this week to test that view.**

**👀 Other to Watch**

-   $Dow Jones Industrial Average(.DJI.US) **-1.23%**, $S&P 500(.SPX.US) **-0.52%**, $NASDAQ Composite Index(.IXIC.US) **-0.21%**, as surging oil broadened the selloff.
-   $SK Hynix(SKHY.US) → **+4.05%** after shelving its Solidigm IPO.
-   $Microsoft(MSFT.US) and $Alphabet(GOOGL.US) report hours after the Fed decides; $Amazon(AMZN.US) follows a day later.
-   $Meta Platforms(META.US) → Barron's reports a $40 billion-plus share sale within weeks, using non-voting stock to fund AI.
-   $Apple(AAPL.US) → suppliers lifted iPhone Duo orders 30% while third-party tests cracked the screen.

> @Sunrise Trader : I took profits on a new Micron trade but still hold my low-cost shares from long ago.

> @First Fellow : A pullback on light volume is healthy profit taking, but the chip ETF SMH is showing distribution.

> @Gene Munster : A 75-person line is a win for Apple at this price, even with lines 47% shorter than 2018.

### 🇸🇬 Singapore — A Regulator Moves a Stock

**🔑 Key Event:** $FTSE Straits Times Index(STI.SG) closed Friday **+0.13%** at 5,422.16 and edges lower this morning, with $DBS(D05.SG), $OCBC Bank(O39.SG) and $UOB(U11.SG) little changed. $Lion-phillip S-Reit(CLR.SG) **outran the banks as US yields eased.**

**👀 Other to Watch**

-   $Tuas Ltd.(TUA.AU) → plunged **-40%** in Sydney after IMDA alleged its Simba unit used unlicensed spectrum at 92 sites.
-   $Sea(SE.US) → **-1.40%** Friday for a fourth straight loss, though the declines are narrowing.

### 🇭🇰 HK/China — Back Above 23,000

**🔑 Key Event:** $Hang Seng Index(00HSI.HK) closed Friday **+0.69%** at 23,093.37, back above 23,000 after last week's Black Thursday, and is flat this morning. **Megacaps are mixed, with** $BABA-W(09988.HK) **the weakest.**

### 🌎 Other to Watch

-   **🇺🇸 Fed** → markets price a 90% chance of a hold after Warsh declined to signal a path; core PCE comes a day later.
-   **🪙 Gold** → slipped below $4,000 for the first time since July, while Brent kept climbing and energy led the S&P 500.

> @Fattycat : Gold is testing $4,000 with selling picking up before the Fed, though the 4-hour RSI looks deeply oversold.

## 📅 Upcoming Key Events

| **When (SGT)** | **What** |
| -------------- | -------- |

👇 Drop your take (20+ words) & click "Repost" to earn 288 Task Coins ✨  
🚫 No duplicates · ⏰ Deadline: Oct 26, 2026, 11:59 PM SGT

Not investment advice, just market talk 🙏

### Related Stocks

- [MU.US](https://longbridge.com/en/quote/MU.US.md)
- [NVDA.US](https://longbridge.com/en/quote/NVDA.US.md)
- [.DJI.US](https://longbridge.com/en/quote/.DJI.US.md)
- [.IXIC.US](https://longbridge.com/en/quote/.IXIC.US.md)
- [.SPX.US](https://longbridge.com/en/quote/.SPX.US.md)
- [SKHY.US](https://longbridge.com/en/quote/SKHY.US.md)
- [STX.US](https://longbridge.com/en/quote/STX.US.md)
- [SNDK.US](https://longbridge.com/en/quote/SNDK.US.md)
- [MSFT.US](https://longbridge.com/en/quote/MSFT.US.md)
- [GOOGL.US](https://longbridge.com/en/quote/GOOGL.US.md)

## Comments (24)

- **rickyyy_ · 2026-10-26T08:40:54.000Z**: hopefully AI & semicon stocks rebound as they were slammed quite hard past 1-2 weeks. but still will be quite challenging due to this week being full of notable key events.
- **Valenxis · 2026-10-26T08:26:29.000Z**: upcoming various companies earning reports, feds announcement, mid term nov election, unstable middle east conflicts are shaking the market. for the brave, any dip is a buy, any rebound is a sell. overall, can see that investors are quite cautious for time being.
- **koolgal · 2026-10-26T07:21:17.000Z**: Will the Federal Reserve Raise Interest Rate This Week?🌟🌟🌟 All eyes will be on Fed Chair Kevin Warsh on Thursday October 29.    He has made it clear the inflation is a stubborn beast.  This means there maybe a rate hike before the end of December.According to Wall Street analysts and Reuters, the Fe
- **  八方来财！ · 2026-10-26T07:03:52.000Z**: After Oct I think the market will go up. Bill is still strong and it has pulled back quite a lot. Just DCA and don't time the market.
- **RonMax · 2026-10-26T06:49:54.000Z**: 📅 Upcoming Key Events: What I’m Watching Today🇺🇸 Monday, 26 October, marks the opening of Oracle AI World, an important event for investors watching the artificial intelligence industry. I’ll be paying attention to Oracle’s AI infrastructure, cloud demand and potential partnerships. These developmen
- **ShortWalk · 2026-10-26T06:31:57.000Z**: Thurs seems to be a crucial day with many key results esp Fed decisions etc. Will see...
- **LazyCat · 2026-10-26T06:25:29.000Z**: its rare that the REITs outran the banks. Investors are like fair weather friends, they cheered the banks' almost unstoppable rally and are now really quiet when the trend turns. Now there are also no voices heard on buy banks sell REITs when everything in the market are not encouraging or are flip 
- **melph · 2026-10-26T06:24:57.000Z**: I am watching $Amazon(AMZN.US) Amazon's results this week, mainly its cloud business AWS. It has grown faster for five quarters in a row so slower growth would be a warning sign. Sales may look weak because Prime Day moved earlier and with huge AI spending, investors want proof it pays off.
- **Darkwinter · 2026-10-26T05:54:12.000Z · 👍 1**: Watch for oil prices. Don’t get carried away by the the memory chips and tech
- **Tiffany lover · 2026-10-26T05:45:21.000Z**: International gold prices fell below $4,000 for the first time since July, while Brent crude continued to climb, with energy stocks leading the S&P 500.The divergent trends, combined with expectations of unchanged interest rates before year-end and long-term Treasury yields hitting a 25-year hig
- **NewUser_CkrdqW  · 2026-10-26T05:40:47.000Z · 👍 1**: Tech and AI stocks remain weak ahead of a potentially crunching week with more companies reporting earnings, particularly Microsoft & Alphabet on Wednesday, after FED's announcement.
- **win win · 2026-10-26T05:32:11.000Z**: Micron, our Tech giant company rebound, Market says relook Tech, Chip company again. What do you think ? I would rather stay sideways, how about you?
- **dingdongbell · 2026-10-26T05:16:32.000Z · 👍 1**: The important Fed meeting is this week. The bears are out and roaming boisterous as can be. Narratives are all selling the market. AI bubble? Haha…Bring it on! It’s time to be bullish!
- **Heroic Lifesaver · 2026-10-26T05:12:51.000Z · 👍 1**: This week brings more tech earnings as well as the Fed meeting. It is also a time cycle which brings fundamentals, technicals and time together into a seasonally strong period of a mid-election year. The most ideal situation will be more selling and a low into the end of the week which I am buying h
- **Ally · 2026-10-26T04:58:51.000Z · 👍 1**: Looking forward to the fed decision since its effects will flow down to my stockholdings. Let’s see how the market moves.
- **Fattycat · 2026-10-26T04:42:23.000Z · 👍 1**: This is a big week. All eyes are on the Fed rate decision. Gold, crypto, and stocks could see big swings so trade carefully.As mentioned above, markets are pricing in a roughly 90% chance of rates staying unchanged. In my view, there is always a reason to it. I believe  there is no need for another 
- **TheRaccoonAnalysis · 2026-10-26T04:29:52.000Z · 👍 1**: For Micron, the key distinction is whether AI-related demand growth can outpace industry supply additions over the next several years. Friday’s rebound is encouraging, but confirmation from earnings and forward guidance is needed before concluding that the sector’s recent weakness has run its course
- **TheRaccoonAnalysis · 2026-10-26T04:29:42.000Z · 👍 1**: Micron’s 2.46% rebound suggests some stabilization after Thursday’s sell-off, supported by Jensen Huang’s view that a memory glut by 2029 is unlikely. However, the comments do not eliminate concerns over future supply expansion, pricing pressure or the sustainability of AI-driven memory demand. This
- **relf · 2026-10-26T04:09:55.000Z · 👍 1**: I still believe AI has a lot to go from here, but when there are markets, there will be volatility. Just need to have a long term view and invest wisely.
- **PinkySheepy · 2026-10-26T04:05:43.000Z · 👍 1**: I view Micron’s rebound as encouraging, yet I am unsure whether the recent decline has finished. Jensen Huang’s remarks on the memory surplus offer reassurance, particularly as AI demand sustains interest in DRAM and HBM. Strong long-term potential does not rule out further corrections in chip stock


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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**