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The direction of tech stocks may be determined by this! Nomura: Micron’s earnings report is replacing the Federal Reserve as the biggest short-term market variable.

The direction of tech stocks may be determined by this! Nomura: Micron’s earnings report is replacing the Federal Reserve as the biggest short-term market variable.

``` Micron Technology’s upcoming quarterly earnings report is rapidly becoming the short-term core variable in global tech stock pricing. Nomura Securities pointed out that the implied volatility premium in the options market for this event has surpassed that of recent Federal Reserve meetings, with a significantly increased marginal impact on