MU News and Press, Micron Technology Inc. From 06/28/24

2024-06-28 12:32:15 ET Summary Micron Technology, Inc.'s delivery of robust F3Q24 results were overshadowed by a weaker than expected guidance, underscoring limitations to its ability in matching resilient industry growth levels. A deeper dive into its revenue drivers during F3Q24...

2024-06-28 06:54:50 ET Summary Early signs of recession: Weekly jobless claims rising, continuing jobless claims hitting cycle highs, new manufacturing orders falling below expectations. GenAI bubble burst: Stocks like Micron dropping, potential bubble burst in GenAI theme stocks,...

2024-06-28 06:32:00 ET Summary The global semiconductor industry is experiencing a transformation driven by government initiatives like the CHIPS Act in the United States. The CHIPS Act is a substantial government initiative aimed at revitalizing the semiconductor industry in the ...

2024-06-27 16:04:53 ET Traders and investors watched Wall Street's major market averages conclude in a more muted fashion on Thursday after markets received a slew of economic data in the early part of the day.... Read the full article on Seeking Alpha For further details see: ...

2024-06-27 15:40:00 ET Shares of Micron Technology (NASDAQ: MU) tumbled on Thursday, falling as much as 7.9%. As of 3:15 p.m. ET, it had recovered somewhat, though the stock was still down 5.9%. The catalyst that sent the memory and storage chipmaker lower was the company's quar...

2024-06-27 15:00:06 ET Jim Kelleher from Argus Research issued a price target of $170.00 for MU on 2024-06-27 13:21:00. The adjusted price target was set to $170.00. At the time of the announcement, MU was trading at $134.19. The overall price target consensus is at $133...

2024-06-27 13:26:00 ET Summary Walgreens stock plunged due to retail challenges and plans for major store closures. Micron shares fell despite earnings beat and positive outlook. Goldman says S&P 500 is the ‘perfectly constructed index’. Listen belo...

2024-06-27 12:46:43 ET Summary Micron announced fiscal Q3 earnings on June 26, but guidance was in-line with consensus, questioning the rationale for explosive share growth in the past three months. My analysis shows HBM market to grow from 4% to 15% of global advanced semiconduct...

2024-06-27 12:07:38 ET Summary Micron's stock surged to nearly $160 due to AI optimism and strong earnings, but has since retreated. Micron reported solid earnings, but the stock sold off due to guidance in line with expectations. Micron is in our $125-135 buy-in zone, offerin...

2024-06-27 12:00:16 ET More on Micron Micron Knocks It Out Of The Park In Q3 (Rating Upgrade) Micron Technology, Inc. (MU) Q3 2024 Earnings Call Transcript Micron: All Positives Are Priced In Before Earnings Biggest stock movers today: WBA, BB, MU, and more ...