Peace Expectations Drive S&P and Nasdaq to New Highs Amid AI Boom, with US Stock Semiconductor Index Up for the Fifth Consecutive Day, Micron Soars by Nearly 20%

On May 27, FTX officially announced that the registration window for its next round of reimbursements is set for June 16, applicable to users holding approved FTX claims and equities. The upcoming reimbursement round is expected to kick off on July 31, 2026. Preferred stockholders will receive their next payment on this same date, with the registration deadline also falling on June 16. Meanwhile, approved NFT customer equity claimants can begin the NFT distribution process starting June 30, 2026. FTX additionally filed an amended notice to slash its disputed claims reserve by roughly $6 billion. Once the court approves the adjustment, the released cash will be allocated to subsequent distributions.

On May 27, per Bitget market data, 25-year-old Wall Street AI stock whiz Leopold Aschenbrenner notched another win. His Situational Awareness LP posted broad gains this morning across its Q1 2026 holdings, with increases seen in: - Sandisk (SNDK): 7.5% rise - IREN: 5.19% gain - CleanSpark (CLSK): 7.26% jump - RIOT: 6.47% surge - CORZ: 4.39% uptick - CRWV: 0.38% increase Additionally, his newly added Q1 positions in TE soared 29.33%, while HIVE edged up 0.74%.

May 27 update: Ethereum treasury firm Sharplink and Solana treasury company Forward Industries will be added to the Russell 2000 and Russell 3000 indexes following FTSE Russell’s annual reconstitution, with the changes set to take effect at market open on June 29. Sharplink currently holds 868,699 ETH, valued at nearly $1.8 billion, making it the second-largest Ethereum treasury company globally, trailing only BitMine. For its part, Forward Industries is the largest public holder of Solana, with holdings totaling roughly $585 million worth of SOL. This marks the first time FTSE Russell indexes have included treasury firms focused primarily on crypto assets other than Bitcoin.

May 27th – UBS senior analyst Timothy Arcuri released a new research report, raising Micron’s 12-month target price from $535 to $1625—a 204% surge that sets a new Wall Street record high for MU, while the firm maintained its "Buy" rating. Stimulated by the news, Micron soared nearly 20% in U.S. premarket trading, with its market capitalization topping $1 trillion to hit an all-time high. Arcuri’s bullish forecast is viewed as the strongest catalyst for the AI memory sector. Arcuri stands out as a top-tier analyst: he has ranked in TipRanks’ global top 5 analysts for a long time, covering giants like NVIDIA, Apple, and Tesla. His historical recommendation success rate hits 73% with an average return of 33%, and boasts an impressive 94% win rate for NVIDIA calls. He is renowned for bold, prescient judgments on the semiconductor cycle, with a proven track record: in June 2018, he accurately called the peak of the memory cycle, assigning MU a "Sell" rating that preceded a 51% stock decl

May 27 Per Bitget market data, gains in South Korea’s stock market widened sharply right after opening today. The KOSPI index soared 5% to a fresh intraday all-time high, with SK Hynix’s stock surging over 10%—pushing its market capitalization above $1 trillion. Notably, earlier today, Micron’s stock jumped nearly 20% at the close of U.S. trading, also surpassing the $1 trillion market cap threshold.

On May 27, a South Korean exchange triggered the KOSPI circuit breaker as KOSPI 200 futures rose by 5%, halting algorithmic trading for five minutes.