Sep. 10 at 1:00 PM
$MCHP Microchip Technology selling its Arizona Fab 2 in a
$1.35B convertible stock deal to save ~
$90M a year, amid restructuring & declining sales. Ratings downgraded. Cost-cutting by liquidation.
#ETSY Etsy’s platform engagement & merchant growth are reinforcing the
$72 level. Consumer-spending resilience (whimsigoth, fetish fashion, nostalgia, handmade crafts, domestic charm, heritage demand).
#SG Sweetgreen’s luxury athleisure lifestyle setting: bright & clean interior, crisp greens, bright wooden textures (post-class vibe) is reinforcing the
$18 level. Where energized femininity resonates.
#XHB Homebuilder demand trends & housing supply dynamics are reinforcing the
$120 level. Fed rate-cut speculation & “golden cross” approaching.
#BTC Bitcoin’s on-chain metrics & institutional flows are propping up the
$112,000 level. Fed rate-cut speculation & “liquidity expansion.”