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2023-06-30 07:48:19 ET This week's dividend activity included increased payouts from General Mills ( NYSE: GIS ), as well as declarations from companies like Eli Lilly ( LLY ) and Mastercard ( NYSE: MA ). Meanwhile, looking ahead to next week, industry players like J...
2023-06-30 07:20:00 ET The severe downturn gripping the memory-chip industry appears to be letting up just a bit. Micron (NASDAQ: MU) beat analyst estimates across the board with its results for the fiscal third quarter, which ended June 1, and its guidance called for a small sequen...
2023-06-29 14:36:06 ET Semiconductor stocks were mostly lower on Thursday as investors fretted about a recovery in the industry despite better-than-expected results from Micron Technology ( NASDAQ: MU ). Micron ( MU ) shares fell nearly 4.5% , bringing down stoc...
2023-06-29 12:38:00 ET Summary Micron Technology, Inc. shareholders are pre-emptively celebrating that perhaps the worst is over. China represents a major risk to the company and a potential boon for its competitors hurting its market share. The company argues that the worst i...
2023-06-29 09:37:07 ET Summary The Navitas stock is trading near its all-time high, benefitting from investors' optimism over its growth prospects, alongside the incremental boost from AI momentum across the broader semiconductor peer group. The stock now trades at about 21x estim...
Stock futures ticked higher on Wednesday as the market approaches the end of the second quarter and the first half of 2023 with solid gains. Futures for the Dow Jones Industrials hiked 89 points, or 0.3%, to 34,190. Futures for the S&P 500 added 11.75 points, or 0.3%, to 4,429.25. ...
2023-06-29 09:20:27 ET U.S. stock index futures on Thursday seesawed , with concerns about the future of the Federal Reserve's monetary policy still very much in the spotlight. Wall Street's major averages had ended mixed in the previous session after Fed chief Jerome Powell hinted that...
2023-06-29 07:56:23 ET Micron Technology ( NASDAQ: MU ) shares rose more than 3% in pre-market trading on Thursday after the memory chip maker reported a better-than-expected third-quarter, prompting some positive reaction from Wall Street. Piper Sandler analyst Harsh Ku...
2023-06-29 06:33:36 ET Summary Micron Technology's Q3 loss was not as bad as expected, causing its shares to rise by 3.6%. TuSimple is considering strategic alternatives for its U.S. business in order to maximize shareholder value. Visa is set to acquire cloud-based payment an...
2023-06-29 04:55:07 ET Stock index futures were slightly higher Thursday with the path of rates still a hot topic. S&P futures ( SPX ) +0.2% , Dow futures ( INDU ) +0.1% and Nasdaq 100 futures ( NDX:IND ) +0.2% were slightly in the green. Rates contin...
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SANTA CLARA, Calif., Aug. 05, 2024 (GLOBE NEWSWIRE) -- FMS: The Future of Memory and Storage — Micron Technology, Inc. (Nasdaq: MU), today announced it is the first to develop PCIe ® Gen6 data center SSD technology for ecosystem enablement as part of a portfolio of memory and ...
VANCOUVER – USA News Group – In this ongoing artificial intelligence (AI) rally, not all tech stocks are experiencing the same growth. According to Reuters , tech giants such as Microsoft are facing setbacks, while chipmakers continue to climb, marking a divide in the benefi...
2024-07-31 13:25:37 ET One of the biggest driving forces behind the market rally that kicked off early last year has been the accelerating adoption of generative artificial intelligence (AI) . However, after the big run-up, investors have taken a step back, looking for additional eviden...