Here are some of the bigger stock movers of the day.
The Global X MSCI Greece ETF GREK rallied 6% after an unexpectedly large victory for Greece’s ruling conservative party, that nonetheless is likely to result in a run-off election.The Global X MSCI Greece ETF GREK rallied 6% after an unexpectedly large victory for Greece’s ruling conservative party, that nonetheless is likely to result in a run-off election.Stock decliners:
Micron Technology Inc. shares MU skidded 6% after the Chinese government on Sunday told some tech manufacturers to stop buying products from the biggest U.S. memory chip maker because of “security risks,” in apparent retaliation for U.S. tech restrictions against China. Meta Platforms shares META edged 1% lower after being fined €1.2 billion over allegations it violated European Commission rules on data protection.
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China bans Micron's products, saying US chipmaker failed security reviewChina's cybersecurity watchdog says that US chipmaker Micron had failed a national security probe and told 'operators of critical information infrastructure' to stop purchasing its products
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China tells tech manufacturers to stop using Micron chips, stepping up feud with United StatesChina has stepped up a feud with Washington over security by telling users of computer equipment deemed sensitive to stop buying products from the biggest U.S. memory chipmaker, Micron Technology Inc. The country's cyberspace agency says Micron products have unspecified “serious network security risks” that threaten China’s information infrastructure and affect national security.
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Beijing bans Chinese companies from using Micron chips in critical infrastructure | EngadgetChina’s cybersecurity regulator has banned Chinese firms from buying chips from US memory manufacturer Micron..
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Samsung, SK Hynix shares rise after China fails U.S. rival Micron in security reviewShares in South Korea's Samsung Electronics 005930.KS and SK Hynix rose in morning trade on Monday after China failed U.S. memory chip rival Micron Technology in a security review.
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China Says U.S. Chipmaker Micron’s Products Pose ‘Serious Cybersecurity Risks’ As It Restricts PurchasesThe Cyberspace Administration of China has banned all operators of “critical information infrastructure” from purchasing Micron’s products.
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Meta reportedly wants to license Magic Leap’s AR technology | EngadgetMeta could turn to Magic Leap for help to stay ahead of Apple and other new entrants in the soon-to-be crowded AR space..
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