Micron, Levi's Trade Down After Market on Earnings

06:35pm, Wednesday, 26'th Jun 2024
After finishing mostly in the green today, late trading has gotten harsh for MU and LEVI.
Micron (MU) came out with quarterly earnings of $0.62 per share, beating the Zacks Consensus Estimate of $0.50 per share. This compares to loss of $1.43 per share a year ago.
Micron Technology (MU) shares tumbled over 5% in extended trading Wednesday after the company reported third-quarter profit that missed analysts' estimates and offered soft revenue guidance.
Pierre Ferragu, New Street Research global team head of technology infrastructure software, says he expects Micron to have a much better year in 2025 than what most analysts are forecasting on "Bloomb

Micron (MU) Falls Despite Earnings Beat

04:53pm, Wednesday, 26'th Jun 2024
Micron's (MU) 3Q adjusted EPS came in at $0.62 versus an estimated $0.50 and revenue came in at $6.81B versus an estimated $6.70B. Caroline Woods and Kevin Green discuss these earnings as Micron falls
Pierre Ferragu, New Street Research global team head of technology infrastructure software, says he expects Micron to have a much better year in 2025 than what most analysts are forecasting on "Bloomb
Angelo Zino, CFRA Senior Analyst, joins 'Closing Bell Overtime' to talk Micron earnings and the stock's reaction.
Memory-chip maker Micron beat Wall Street's targets for its fiscal third quarter, but it disappointed investors with its in-line guidance.
Investors are certainly finding no shortage of stock darlings in which to invest right now. However, the list of such hyper-growth stocks has changed quite a bit in recent years.

Micron 3Q profits and revenues top estimates

04:36pm, Wednesday, 26'th Jun 2024
Micron Technology Inc (NASDAQ:MU) has reported better-than-expected financial results for the fiscal third quarter as it benefited from surging demand for its memory chips for AI applications. Revenu
Today's options flows continue to signal market compression as investors await key economic data and a highly anticipated earnings announcement from Micron. These events are expected to provide an ind
Micron shares fell almost 8% on Wednesday despite better-than-expected quarterly results from the chipmaker. Guidance was inline with estimates.

Micron Earnings Results | Closing Bell

04:28pm, Wednesday, 26'th Jun 2024
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Alix Steel, Scarlet Fu, Carol Massar and Tim Stenovec. ------
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.
AI demand drives 50% sequential data center revenue growth and record high data center revenue mix AI demand drives 50% sequential data center revenue growth and record high data center revenue mix
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