Micron Stock News

INTC hired a CFO away from MU. RIVN dipped on the departure of its COO. ACCD rose on earnings. CVS raised its forecast. NTST dropped on news of a stock offering.

Futures Rebound As Fed-Induced Rout Finally Eases After yesterday''s miraculous tech recovery which saw gigacaps drop as much as 4% before recovering all losses and closing green, Nasdaq futures led gains among U.S. stock-index futures, hinting at further relief for technology stocks as Treasury yields retreated in early trading but have since steadied around 1.75%, unchanged from Monday. Nasdaq futures rose as much as 0.7%, while S&P 500 and Dow Jones contracts were also higher by about 0.4% ahead of Powells Senate confirmation hearing for second term as Fed chair which begins at 10am and where the Fed chair is expected to put on a dovish mask and walk back some of the recent hawkish commentary. Dip-buyers rescued the Nasdaq from a fifth session of declines on Monday after Marko Kolanovic urged JPM clients to buy the dip, writing that yields aren''t too high and the Fed''s won''t derail the economys rebound. We view the recent equity volatility as an adjustment to the Feds incrementally more hawkish stance, rather than a sign that the Fed is about to bring the recovery and the equity rally abruptly to an end, Mark Haefele, chief investment officer at UBS Global Wealth Management, said in a note. We now expect three Fed rate hikes this year, starting as soon as March. We are looking for opportunities to raise our weighting in stocks in 2022, according to Luca Paolini, chief strategist at Pictet Asset Management, whose firm has a neutral stance on equities. The global recovery remains resilient, thanks to a strong labor market, pent-up demand for services and healthy corporate balance sheets. In his second term confirmation hearing before the Senate Banking Committee at 10am ET today, Fed Chair Jerome Powell will say the central bank will keep inflation from becoming entrenched, but the post-pandemic economy may look different from previous expansions.

Intel''s (INTC) decision to hire Micron Technology''s (MU) Dave Zinsner to be its new Chief Financial Officer is a

(RTTNews) - Micron Technology Inc. (MU) said that David Zinsner, executive vice president and chief financial officer, has resigned from the company. Zinsner started at Micron in February 2018 and is departing to join Intel Corporation as its CFO. Micron Technology said it has commenced a formal search for a new CFO. It has appointed Executive

Micron Technology said Monday that its chief financial officer, David Zinsner, is stepping down from his job at the memory chipmaker to take on the same position at Intel.

Micron Technology (MU) announces the resignation of CFO David Zinsner.Zinsner is leaving the firm to join Intel (INTC) as its CFO.MU has commenced a formal search for a new

Chipmaker Intel Corp on Monday named David Zinsner as chief financial officer and executive vice president. Zinsner, who was also the finance head of Micron Technology Inc will take charge on Jan. 17. (Reporting by Chavi Mehta in Bengaluru; Editing by Arun Koyyur)

Monday afternoon''s top analyst upgrades and downgrades included Accenture, Dell Technologies, Expedia, Hilton Worldwide, Marathon Oil, Medtronic, Micron Technology, Nike, Unity Software and Zscaler.

Calling semiconductors the "new oil" of the global economy, Bank of America analyst Vivek Arya on Monday listed Nvidia and Micron Technology among his top chip stocks for 2022.

Late last month, the House Speaker disclosed that the Pelosis scooped up millions in bullish call options for stocks including Google, Salesforce, Micron Technology and Roblox.

Micron (MU) is getting some appreciation from Bank of America, as the investment firm is reiterating its buy rating following the third day of the Consumer Electronics Show.Following

Mizuho Securities says Micron Technology is set up in a good position this year due to a combination of semiconductor market factors.

The memory specialist could benefit from a recent development.

Micron Technology, Inc. (MU) stock jumped in 2021, gaining +23.9%. And the maker of computer memory and storage products could rise even more due to its growing mobile device business. But another likely reason is Big Money lifting the stock.