Editorial companion

What stands out

Bloomberg's Stock Movers served a compact story: Micron spiked after saying it will raise domestic chip plant spending to $250 billion through 2035, while PepsiCo and Costco slid on softer sales and margins. Micron adding $50 billion to a prior $200 billion commitment is a blunt, multi-decade bet that artificial intelligence (AI) will keep devouring memory, and investors are pricing that narrative into an already-hot run. The clip neatly frames a market tension: capital-hungry hardware upside versus the slow-moving headaches of consumer staples.