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MeridianLink (MLNK) has jumped 24% after entering into a definitive agreement to be acquired by Centerbridge Partners in a $2B all-cash transaction. Stock futures are largely steady this morning, reflecting a cautious mood ahead of key economic releases and geopolitical developments. Tech giants Nvidia (NVDA) and AMD (AMD) are slipping after news that both will remit 15% of their AI chip sales revenue from China to the U.S. government. Micron (MU) has raised its quarterly outlook, buoyed by improving DRAM pricing and solid execution.
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