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The Latest Breaking News from Micron

Dow Jones Futures: S&P 500 Regains Key Level, But Stay Cautious; Tesla Doubles U.S. Discount To $7,500

The S&P 500 is above its 50-day, but the market rally is still shaky. Tesla doubled its year-end U.S. discount to $7,500.

Investors Business Daily

Micron Misses Quarterly Targets Amid Memory-Chip Sales Slump

Memory-chip maker Micron Technology missed estimates for its fiscal first quarter and guided lower amid a cyclical downturn.

Investors Business Daily

Strong Earnings Power Stock Market Rally; Micron's Lost Year; Time To Buy Nike?

Micron Technology has lost more than 45% year to date, battered by a steep decline in memory chip prices.

Investors Business Daily

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Dow Jones Rises: A Perfect Setup For Santa Claus Rally? Tesla's Musk Restricts Twitter Polling; Micron, FedEx, Nike On Tap

Dow Jones: A Perfect Set Up For Santa Claus Rally? Tesla's Musk Restricts Twitter Polling; Micron, FedEx, Nike On Tap.

Investors Business Daily

Western Digital, Micron, Nvidia Fall On Chip Glut Amid Recession Fears

Shares in flash memory chipmaker Western Digital tumbled on a Goldman Sachs downgrade, also dragging down Micron Technology.

Investors Business Daily

Stock Market Today: Stocks End Down As Inflation Worries Resurface; JPMorgan CEO Sees Recession

With inflation still sticky, and global headwinds accelerating, JPMorgan CEO Jamie Dimon now sees a greater chance of a U.S. recession.

The Street

TSMC Plans $40 Billion U.S. Investment As President Biden Visits Arizona Chip Factory

TSMC, the world's biggest contract chipmaker, is looking to boost expand its U.S. investment to around $40 billion.

The Street

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Stocks Steady, TSMC, PepsiCo, Microsoft And Fox - Five Things To Know

Stock futures steady as inflation focus resumes; Taiwan Semiconductor set to triple U.S. chipmaking investment; Microsoft moves to placate Sony amid Activision takeover; PepsiCo edges higher on reports of planned job cuts and Fox shares jump as Murdoch mutes News Corp combination.

The Street

NYC mayor takes supportive tone after governor signs bill restricting crypto mining

NEW YORK — New York City Mayor Eric Adams took a supportive if somewhat cryptic tone after New York Gov. Kathy Hochul signed legislation this week limiting some cryptocurrency mining in the state, casting the new law as an acceptable step toward smart tech policy.

Tribune News Service

Market Rally Holds Key Levels, But Breakouts Struggle; Walmart, Target, Nvidia In Focus: Weekly Review

The market rally held support this week, but many stocks flashing buy signals struggled. Walmart, Target and Nvidia were key earnings movers.

Investors Business Daily

Biden zeroes in on economic message as campaign winds down

President Joe Biden is zeroing in on a largely economic-focused message amid raging inflation and recession risks as he makes his closing argument for the November midterm elections

The Independent UK

Chip makers offer big investments as they jockey for federal aid

WASHINGTON — The world’s top semiconductor makers have announced in recent months long-term U.S. investments that could rise to more than $400 billion, citing support from a new federal aid program for which the rules have yet to be written.

Tribune News Service

Chipmakers offer big investments as they jockey for federal aid - Roll Call

The jockeying for federal money for semiconductor manufacturing has begun as global producers announce big investment plans.

Roll Call

Is Doom And Gloom In Store For Tech Stocks This Earnings Season?

The earnings calendar for tech stocks kicks into high gear in coming days as one analyst draws comparisons with two difficult years.

Investors Business Daily

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StockNews.com

3 Autonomous Vehicle Stocks to Buy on the Dip

Autonomous vehicles (AV) are the next major evolutionary step in transportation. However, there are many years before its full adoption. Here are 3 stocks that will benefit from this industry's growth and increasing adoption: Tesla (TSLA), Micron (MU) and ON Semiconductor (ON).

Reason

Biden's New Industrial Policy Will Fail, Just Like Industrial Policy Always Fails

While campaigning for the midterm election, the president is promoting a disastrous and expensive form of economic protectionism.

Benzinga

Nancy Pelosi Lost Money On 75% Of Recent Trades: Here's Where It Went Wrong

Speaker of the House Nancy Pelosi is one of the many members of Congress who has been targeted with talks of new legislation to ban members of office and their spouses from trading stocks and options. A new filing shows Pelosi and husband Paul Pelosi's recent trades.

Miami Herald

The Week Ahead: Seeing the bottom line of earnings deflation and economic apprehension

Amid the stock market's obsession over inflation and interest rates, investors may be asking themselves, “What about profits?” After all, the market is supposed to reflect corporate profit expectations, not just economic statistics.

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AFP

Micron unveils new $100 bn New York semiconductor plant

New York (AFP) - Micron announced Tuesday it will invest up to $100 billion to build semiconductors in New York state, capitalizing on US policies to boost domestic manufacturing of key goods.

The Independent UK

Micron to bring microchip plant to upstate New York

Micron, one of the world’s largest microchip manufacturers, is expected to open a semiconductor plant in New York, promising a $100 billion investment and a plant that could bring 50,000 jobs to the state

Tribune News Service

Idaho's Mike Crapo defends record in US Senate as rivals try to tie him to federal dysfunction

U.S. Sen. Mike Crapo, R-Idaho, defended his lengthy record and role as an accomplished foil to Democratic President Joe Biden during a public debate Monday, as two political foes painted him as an uncompromising, career politician whose continued time in office prevents the state and nation from addressing some of…

Investors Business Daily

Dow Jones Closes At Day's Low; Tesla's AI Day On Deck; Micron Upgraded; Health Care Stock Gaps Up

The S&P 500 pared some of the morning's 0.5% loss but lost ground again to close 1.5% lower.

Investors Business Daily

Stock Market Falls On Rising Inflation, Lower Consumer Sentiment; Nike Plunges After Inventory Report

The stock market continued its decline after a key inflation report rose. Nike plunged after reporting excess inventory.

Benzinga

Micron Technology Earnings Were 'Materially Worse' Than Expected: 6 Analysts Comment

Micron Technology Inc. (NASDAQ: MU) released fiscal fourth-quarter results after the closing bell on Thursday. The Boise, Idaho-based company reported downbeat revenues of $6.64 billion and adjusted earnings of $1.45 per share, ahead of the consensus estimate.

The Street

Micron Technology Must Clear This Key Level After Earnings Rally

Micron stock is rallying after a weaker-than-expected revenue figure. Here's how to trade it from here.

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