Micron Technology(MU)
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Prediction: These 2 Growth Stocks Could Start Soaring After Nvidia's Quarterly Earnings on Aug. 28
The Motley Fool· 2024-08-22 08:15
The graphics specialist seems set to deliver a solid set of results next week, and that's likely to give these two stocks a shot in the arm.Nvidia (NVDA 0.98%) is set to release its fiscal 2025 second-quarter results (for the three months ended July 28) on Aug. 28. The market is eagerly looking forward to the chip giant's numbers, considering that it is playing a pioneering role in the proliferation of artificial intelligence (AI).While there have been concerns of late about Nvidia's ability to sustain its ...
Micron (MU) Ascends But Remains Behind Market: Some Facts to Note
ZACKS· 2024-08-19 22:50
Micron (MU) ended the recent trading session at $108.63, demonstrating a +0.59% swing from the preceding day's closing price. The stock lagged the S&P 500's daily gain of 0.97%. Meanwhile, the Dow experienced a rise of 0.58%, and the technology-dominated Nasdaq saw an increase of 1.39%.Heading into today, shares of the chipmaker had lost 5.49% over the past month, lagging the Computer and Technology sector's loss of 5.36% and the S&P 500's loss of 1.85% in that time.Market participants will be closely follo ...
Micron Stock Just Got Its Most Bullish Update Of The Year
MarketBeat· 2024-08-13 13:28
After a golden first half of the year, investors have been getting a crash course in what gravity feels like from the stock market these past few weeks. A combination of poor job numbers and an increase in interest rates from Japan combined to give equities some of their worst sessions and weeks in years. It didn’t help that some of the big tech names, like NVIDIA Corporation NASDAQ: NVDA, which had done much of the work in pulling up the market all year, had been softening since June. But as we wrote about ...
What's Happening With Micron Stock?
Forbes· 2024-08-13 09:00
SHANGHAI, CHINA - NOVEMBER 6, 2023 - A Micron logo is seen at the 6th CIIE 2023 in Shanghai, China, ... [+] November 6, 2023. (Photo credit should read CFOTO/Future Publishing via Getty Images)Future Publishing via Getty ImagesMicron Technology (NASDAQ: MU) stock has seen considerable volatility this year, rising by about 85% through mid-June, although it has fallen by close to 40% since then, taking its year-to-date returns to about 8%. There are a couple of factors impacting Micron stock.Micron has been b ...
Micron (MU) Plunges 29% in a Month: Should You Buy the Dip?
ZACKS· 2024-08-12 14:10
Micron Technology, Inc. (MU) has seen its stock take a steep dive, plunging nearly 29% in the past month. This sharp decline exceeds the broader market's performance, with the S&P 500 down 5.9% and the Zacks Computer and Technology sector dropping 11%.The primary culprit behind Micron's recent slump is the broader market sell-off driven by macroeconomic concerns. Investors are increasingly anxious about the Federal Reserve's interest rate policies and the potential for a U.S. recession. The recent disappoin ...
Why Micron Technology Stock Rallied on Thursday
The Motley Fool· 2024-08-08 18:11
The chipmaker announced some good news for shareholders.Shares of Micron Technology (MU 6.88%) popped on Thursday, jumping as much as 6.5%. As of 1:52 p.m. ET, the stock was still up 6.5%.The catalyst that sent the memory and storage chipmaker higher was an announcement that bodes well for shareholders.Buybacks resumeIn a regulatory filing with the Securities and Exchange Commission (SEC), Micron's management updated the status of its stock repurchase program. The company initiated its buyback program in Ma ...
Why Is Micron Stock Falling, and Is It a Buying Opportunity for Long-Term Investors?
The Motley Fool· 2024-08-08 14:19
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...
Micron (MU) Stock Dips While Market Gains: Key Facts
ZACKS· 2024-08-06 22:51
The latest trading session saw Micron (MU) ending at $89, denoting a -1.57% adjustment from its last day's close. This change lagged the S&P 500's 1.04% gain on the day. Elsewhere, the Dow saw an upswing of 0.76%, while the tech-heavy Nasdaq appreciated by 1.03%.Shares of the chipmaker witnessed a loss of 30.81% over the previous month, trailing the performance of the Computer and Technology sector with its loss of 13.91% and the S&P 500's loss of 6.74%.The investment community will be paying close attentio ...
Looking for an AI Play? Micron Stock Is Cheap and Growing Very Quickly.
Investor Place· 2024-08-06 20:17
In light of Micron Technology’s (NASDAQ:MU) high leverage to the ongoing AI boom, very rapid growth and low valuation, I recommend that investors buy the shares of the memory-chip maker. Also importantly, many on Wall Street appear to be quite bullish on MU stock despite its anemic valuation.High Leverage to the AI BoomOn the firm’s last earnings call, CEO Sanjay Mehrota reported that “rapidly growingAI (artificial intelligence) demand” had caused the company’s revenue from data centers to jump 50% last qua ...
Micron Technology Announces Upcoming Investor Events
Newsfilter· 2024-08-01 20:01
BOISE, Idaho, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (NASDAQ:MU) announced today that company executives will participate in fireside chats at the following investor events: KeyBanc Capital Markets Technology Leadership Forum in Vail, Colorado on Monday, August 5, at 9:00 a.m. Mountain time.Deutsche Bank's 2024 Technology Conference in Dana Point, California on Wednesday, August 28, at 9:45 a.m. Mountain time. Live webcasts and subsequent replays of presentations can be accessed from Micr ...