Micron’s Stellar Earnings Drive Tech Optimism Amidst Broader Market Retreat

Micron Technology - Micron Technology reported Q4 2025 adjusted revenue of $11.32 billion, exceeding estimates of $11.15 billion, with adjusted EPS of $3.03, surpassing the consensus of $2.84 [2][8] - The company anticipates strong momentum into Q1 2026, forecasting adjusted EPS between $3.60 and $3.90 and adjusted revenue of approximately $12.2 billion [3][8] - Micron's growth is supported by significant investments in High Bandwidth Memory (HBM) technology, with plans for $4.5 billion in Q1 capital spending focused on HBM assembly and testing [3][8] U.S. Equity Markets - U.S. equity markets retreated from record highs, with the S&P 500 closing down 38.26 points, or 0.57%, and the Nasdaq 100 falling 0.7% [4][8] - The decline was influenced by Federal Reserve Chair Powell's comments, which provided no clear signals regarding further interest rate cuts [4][5][8] Lithium Americas - Lithium Americas is in discussions with the Trump administration for a $2.26 billion loan for its Thacker Pass lithium project, offering no-cost warrants equivalent to 5%-10% of the company's common shares [6][8] Tether - Tether plans to raise up to $20 billion through a private placement, indicating ambitious growth strategies for the stablecoin issuer [9][8] Boeing and Palantir - Boeing has partnered with Palantir to integrate artificial intelligence into its defense programs and manufacturing facilities, aiming to enhance operational efficiency and technological advancement [10][8]