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2024-06-29 14:45:00 ET We are just two weeks away from the second quarter earnings season, and the lull phase of the first quarter reporting is slowly coming to an end. In the last week of June, eight S&P companies disclosed their earnings. Here is a quick glance at the financial result...
2024-06-29 14:31:00 ET The S&P500 ( SP500 ) closed in the red on Friday, after an eventful week that saw companies including Micron Technology ( NASDAQ: MU ) and Nike ( NYSE: NKE ) posting quarterly results. The market also focused on inflation data and the first U.S...
2024-06-29 11:03:08 ET The stock indexes were mixed this week, as investors and traders assessed a string of economic data, with U.S. GDP growth revised up slightly to 1.4% in the U.S. Department of Commerce's final Q1 estimate.... Read the full article on Seeking Alpha For furt...
2024-06-29 08:30:00 ET Summary Micron stock has outperformed my expectations, driven by Nvidia's incredibly robust AI upcycle. Micron is keen to gain market share in HBM memory chips. Samsung is also expected to increase production significantly, subsequently increasing potent...
2024-06-28 13:36:42 ET More on S&P 500 Index: This Doesn't End Well The PCE Report Suggests Three Rate Cuts Starting In September PCE May 2024: Soft Spending, Low Inflation Supports Soft Landing Narrative Fed should ‘tee up’ rate cut after c...
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...
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2024-07-20 05:15:00 ET Buying and holding solid companies for a long time is a tested investment philosophy that has helped investors enjoy significant returns. This strategy not only allows investors to capitalize on secular growth trends but also enables them to benefit from the power of ...
2024-07-20 04:10:00 ET Many semiconductor stocks rallied over the past year as the explosive growth of the artificial intelligence (AI) market drove many companies to upgrade their data center chips. But with the market hovering near its record highs, investors might be reluctant to add som...
2024-07-19 07:30:00 ET Shares of semiconductor giants ASML Holdings (NASDAQ: ASML) , Micron Technology (NASDAQ: MU) , and Advanced Micro Devices (NASDAQ: AMD) fell this week, down 14.8%, 12.1%, and 14.2%, respectively, as of the end of the trading day Thursday, accor...