The S&P/ASX Small Ordinaries Index (ASX) was trading at 3,476.90, down 0.16% or 5.50 points yesterday, although the index remained 3.06% or 109.70 points...
A blockbuster earnings report from Micron Technology (NASDAQ: MU) breathed fresh life into the artificial intelligence trade on Thursday, sending semiconductor stocks surging globally and temporarily
Micron Technology Inc. (NASDAQ:MU) stock surged over 17% in premarket trading Thursday after the memory-chip maker reported fiscal third-quarter results that topped Wall Street expectations and issued
Micron soared in premarket trading a day after reporting its third-quarter earnings. The company's revenue quadrupled from $9 billion a year earlier to nearly $42 billion.
U.S. stock futures pointed higher after Micron Technology's expectation-thumping earnings reignited optimism in the AI boom.
Micron stock was surging as the company delivered reassurance the memory-chip boom can last for longer than expected.
Guy Johnson, Tom Mackenzie and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade." -------- More on Bloomberg Television and Markets Like this vide
Earnings from memory maker assuage AI doubts
Micron stock surged after its AI outlook and $22B in customer deals reignited the chip rally. Find out why investors are turning bullish again.
With U.S. stock futures trading mostly higher this morning on Thursday, some of the stocks that may grab investor focus today are as follows:
Micron's revenue growth accelerated again, topping 300%. It's now more profitable on a percentage basis than Nvidia.
Asian markets rediscovered their appetite for risk on Thursday, helped by a fresh reminder that the AI trade still has hard earnings behind it. Strong updates from Micron and Qualcomm steadied nerves
Total Revenue: $41.5 billion, up 74% sequentially and 346% year-over-year.DRAM Revenue: $31.3 billion, up 343% year-over-year, representing 76% of total revenu
Micron's fiscal Q3 revenue more than quadrupled year over year to $41.5 billion. The company's $50 billion Q4 guide is well above what Wall Street had been expecting.
Micron Technology, Inc. (MU) Q3 2026 Earnings Call Transcript
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