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Midday Highlights: eBay Rises, Memory Stocks Drop | Markets & Money News
On October 12th, major shifts occurred in the stock market, highlighted by significant drops in memory chip companies following China's CXMT announcement about next-gen chips. Micron Technology and Seagate fell around three percent, while Sandisk dropped over five percent. In contrast, eBay's stock surged over five percent after being named a top pick by Morgan Stanley, while Meta Platforms increased by more than three percent amid speculation about a new AI model. Salesforce saw a nearly two
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