<div id="readability-page-1"><div><p>Shares of technology companies rose after a blockbuster earnings report from Micron alleviated some worries about the artificial-intelligence boom.</p><p>    The maker of memory chips saw shares rally after it forecast that sales in the fiscal second quarter would more than double to $18.7 billion, an arresting rate of growth even by the elevated standards of the AI era. Micron rival memory-chip makers such as SanDisk rose in sympathy. </p><p>    &#34;While AI's disproportionate role in driving market returns and index concentration shares unhealthy parallels with prior periods of speculation, leading companies today are much more fundamentally sound,&#34; said Scott Glasser, chief investment officer at money manager Clearbridge, in online commentary. </p><p>    Online food-delivery service Instacart has been ordered to pay $60 million in refunds to customers to settle allegations from the Federal Trade Commission that it used deceptive practices to raise costs for shoppers. </p><p>    Boatsetter and GetMyBoat, online platforms that allow users to rent boats of various types from other users, have signed a deal to combine, Boatsetter Chief Executive Michael Farb told The Wall Street Journal. </p><p>   Write to Rob Curran at rob.curran@dowjones.com </p><p>    (END) Dow Jones Newswires</p><p>12-18-25 1743ET</p></div></div>

<p>Shares of technology companies rose after Micron's strong earnings report, forecasting sales to double to $18.7 billion in the fiscal second quarter. Micron's success also boosted rival memory-chip makers like SanDisk. Clearbridge's CIO noted AI's significant market impact. Instacart was ordered to pay $60 million in refunds by the FTC for deceptive practices. Boatsetter and GetMyBoat will merge, as announced by Boatsetter's CEO.</p>

- Technology company shares increased following strong earnings from Micron, which forecasted sales growth of over $18.7 billion for the next quarter.  
- Rival memory-chip firms, including SanDisk, also experienced gains, suggesting positive market sentiment.  
- Additionally, Instacart has been mandated to refund $60 million due to FTC allegations of deceptive pricing practices, and Boatsetter plans to merge with GetMyBoat.

Tech Up After Blockbuster Earnings From Micron -- Tech Roundup