In this video, I will talk about Micron Technology‘s (NASDAQ: MU) latest earnings report, comments from management about the outlook, and explain why the stock is down. *Stock prices used were from the trading day of June 25, 2024. The video was published on June 25, 2024. Should you invest $1,000 in Micron Technology right […]
(Bloomberg) — Micron Technology Inc., the largest US maker of computer memory chips, declined in late trading after its forecast disappointed investors seeking a bigger payoff from artificial intelligence mania. Most Read from Bloomberg Fiscal fourth-quarter sales will be $7.4 billion to $7.8 billion, the company said in a statement Wednesday. While the average analyst […]
Dow Jones futures fell slightly after hours, along with S&P 500 futures and Nasdaq futures. Micron Technology (MU) tumbled Wednesday night on earnings, with big implications for AI and the broader chip sector. ↑ X NOW PLAYING Nasdaq Edges Higher, Small Caps Lag In Mixed Session; FedEx, AMZN, Arm Holdings In Focus The stock market […]
(Reuters) -Chipmaker Micron Technology beat estimates for third-quarter revenue on Wednesday, driven by a surge in demand for its memory chips from the booming AI industry and improved pricing in other markets. However, shares of the Idaho-based firm fell 7.2% in extended trading after it forecast fourth-quarter revenue largely in line with expectations. Investors had […]
Memory-chip maker Micron Technology (MU) late Wednesday handily beat Wall Street’s targets for its fiscal third quarter. But it disappointed investors with its in-line guidance for the current quarter. Micron stock fell in extended trading. ↑ X NOW PLAYING How These Selling Strategies Can Prevent Major Damage To Your Portfolio The Boise, Idaho-based company earned […]
How To Earn $500 A Month From Micron Stock Ahead Of Q3 Earnings Report Micron Technology, Inc. (NASDAQ:MU) is set to release earnings results for its third quarter, after the closing bell on Wednesday. Analysts expect the Boise, Idaho-based company to report quarterly earnings at 48 cents per share, versus a year-ago loss of $1.43 […]
Micron Technology (MU) Q2 Earnings: What To Expect Memory chips maker Micron (NYSE:MU) will be reporting earnings tomorrow afternoon. Here’s what to expect. Micron Technology beat analysts’ revenue expectations by 8.8% last quarter, reporting revenues of $5.82 billion, up 57.7% year on year. It was a stunning quarter for the company, with a significant improvement […]
Micron Technology MU is scheduled to report third-quarter fiscal 2024 results after market close on Jun 26. The Zacks Consensus Estimate for third-quarter non-GAAP earnings is pegged at 50 cents per share, which implies a robust improvement from the year-ago quarter’s loss of $1.43. Meanwhile, the consensus mark for revenues is pegged at $6.7 billion, […]
Nvidia (NVDA) received a price target hike to $150 per share from Jefferies analysts, while Citigroup maintained its Buy rating on Micron Technology (MU) stock and named the semiconductor company as a “top pick.” Morning Brief Hosts Brad Smith and Madison Mills examine these two chip names ahead of Monday’s market open. For more expert […]
Memory-chip maker Micron Technology (NASDAQ: MU) is on a roll. The stock has delivered a total return of 130% over the last year, including a 64% surge in three months. It feels funny talking about how big a company named after a tiny measurement might get, but that’s the question on every Micron investor’s mind. […]
Micron Technology (MU) stock is set to report earnings on June 26th after the closing bell and the options market is pricing in an 13.1% move in either direction. X Today, we’re looking at selling a cash secured put to take advantage of the high implied volatility around the earnings announcement. A cash-secured put involves […]