The memory leader reports earnings today.Artificial intelligence stocks have had a tough summer, following a tremendous run in AI-related tech stocks that began in late 2022. One key stock at the very center of the AI boom has actually lost 43% of its value from its June highs. However, some analysts see this summer's pullback as far too early for a semiconductor bear market. Rather, they think the recent drawdown is a mere mid-cycle correction, and overdone.In fact, one analyst said Monday he expects this ...

Key TakeawaysMicron shares moved higher in early trading Tuesday, gaining ground for the fourth straight session, ahead of the chipmaker’s eagerly anticipated fiscal fourth-quarter earnings report, due after Wednesday’s closing bell.The stock has formed two distinct troughs between August and September, potentially marking a double bottom in the chipmaker’s shares.Investors should monitor important lower price levels on Micron's chart around $87 and $79, while watching key higher price levels near $109 and ...

Micron Technology, Inc. (MU) is scheduled to report fourth-quarter fiscal 2024 results after market close on Sept. 25.Micron is likely to have recorded yet another strong financial performance this time around, driven by an improving demand-supply environment for memory chips and rising investments in artificial intelligence (AI). Micron, with its advanced product portfolio, is likely to have capitalized on the demand for high-performance memory and storage solutions.Click here to know how MU’s overall fisc ...

Micron Technology, Inc. MU will release earnings results for its fourth quarter, after the closing bell on Wednesday, Sept. 25.Analysts expect the Boise, Idaho-based company to report quarterly earnings at $1.13 per share, versus a year-ago loss of $1.07 per share. Micron is projected to post quarterly revenue of $7.64 billion, up from $4.01 billion a year earlier, according to data from Benzinga Pro.On Sept. 17, Micron announced the availability of the Crucial P310 2280 Gen4 NVMe solid-state drive (SSD) wh ...

These two semiconductor stocks have shown some weakness in recent weeks.In this video, I will talk about two semiconductor stocks that are worth buying despite short-term headwinds. Check out the short video to learn more, consider subscribing, and click the special offer link below.*Stock prices used were from the trading day of Sept. 23, 2024. The video was published on Sept. 24, 2024. ...

I am a highly experienced Chief Financial Officer (CFO) with a strong background in the oilfield and real estate industries. With over a decade of experience in finance, I have led numerous complex due diligence efforts and M&A transactions, both domestically and internationally.In recent years, I have developed a keen interest in equity research and analysis of public companies. This interest has led me to render equity research services for a Dubai-based family office with over $20 million in assets under ...

This account is managed by Noah's Arc Capital Management. Our goal is provide Wall Street level insights to main street investors. Our research focus is mainly on 20th century stocks (old economy) undergoing a 21st century transformation, but occasionally we'll write on companies that help transform 20th century firms as well. We look for innovations in a business model that will cause a stock to change dramatically. Associated with SA contributors Thomas Potter and Elijah Buell.Analyst’s Disclosure: I/we h ...

Micron Technology, Inc. (MU) is slated to report fourth-quarter fiscal 2024 results after market close on Sept. 25.The company projects fiscal fourth-quarter revenues of $7.6 billion (+/- $200 million). The Zacks Consensus Estimate for the top line is pegged at $7.64 billion, which implies strong year-over-year growth of 90.5%.Meanwhile, Micron estimates adjusted earnings of $1.08 (+/-8 cents). The consensus mark for the bottom line has been revised upward by 2 cents to $1.10 per share over the past 60 days ...

After the Fed rate cut and the sharp rally in the stock markets, many investors are thinking the same thing: are there any opportunities left to buy stocks without paying premium multiples? There certainly are, but we have to look for recentWith combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping the industry today. He has been a regular c ...

Michael Kramer leads the investing group Reading the Markets, where he helps a devoted following of members to better understand what is driving trading and where the market is likely heading, both the short and long-term. Features of the investing group include: daily written commentary and videos analyzing the driving factors behind price action; general macro trend education to help members make well-informed decisions based on market conditions, interest rates, currency movements and how they all intera ...