MU241220P107000
- 6.00
- -2.85-32.20%
Micron Technology Newsroom
Why Micron's Stock Could Be Poised for a Post-earnings Gain - With One Catch
Earnings Reports Outlook | The chip recovery phase has begun. Can Micron (MU.US) add more fuel to the fire again?
Wall Street expects Micron's revenue for this quarter to reach 8.72 billion dollars, an 84% year-on-year increase.
Leading the U.S. stock market into a long bull run, chip stocks are expected to continue to "surge" next year.
BofA's "top chip stocks" for 2025 have been announced, including NVIDIA, Broadcom, and Marvell Technology.
Wall Street's darling changes hands? The chip giants diverge: Broadcom rises over 11% to reach a new high, while NVIDIA falls into the correction zone.
Despite the lack of support from NVIDIA, on Monday, the Nasdaq Composite Index still reached a historic high. On the same day, other semiconductor stocks also performed well. Micron Technology rose over 5% ahead of its upcoming quarterly Earnings Reports, peaking at over 8% during the session. Marvell Technology increased by 3.3%.
Top 20 by transaction amount | Apple, Google, and Amazon have all reached historical highs! Broadcom continues its upward trend, rising over 11%.
On Monday, Micron, ranked 13th in US stock trading volume, rose by 5.62%, with a trading value of 4.631 billion USD; SoundHound AI, ranked 16th among AI software stocks, increased by 16.44%, with a trading volume of 3.184 billion USD; Super Micro Computer, ranked 20th, fell by 8.26%, with a trading value of 2.768 billion USD.
U.S. stock market closing | The three major indexes had mixed results, with the Nasdaq increasing over 1% to reach a new high, while the Dow Jones fell for the eighth consecutive day; Broadcom surged over 11%, and Tesla rose over 6%, both reaching histori
The Dow Jones Industrial Average has recorded its longest losing streak since 2018; NVIDIA fell over 1%, marking its third consecutive decline; MicroStrategy, which was added to the Nasdaq 100 index, surged over 7% intraday before reversing to a loss, and Super Micro Computer, which was removed from the index, closed down over 8%. Chinese concept stocks fell over 2%.
Micron Technology Options Spot-On: On December 16th, 518.42K Contracts Were Traded, With 1.86 Million Open Interest
On December 16th ET, $Micron Technology(MU.US)$ had active options trading, with a total trading volume of 518.42K options for the day, of which put options accounted for 21.1% of the total
Sector Update: Tech Stocks Gain Late Afternoon
Why Micron Technology Rallied Today
Micron Shares Are Trading Higher Ahead of Wednesday's Earnings Report.
Equities Mostly Rise Intraday as Markets Await This Week's Fed Decision
Top Midday Gainers
Broadcom, Tesla Propel Nasdaq 100 Gains, Bitcoin Hits $107,000, Fueling Crypto Stocks Rally: What's Driving Markets Monday?
SIG Maintains Micron Technology(MU.US) With Buy Rating, Maintains Target Price $165
Technology, Consumer Discretionary Push Nasdaq Composite to Fresh Record High
10 Information Technology Stocks Whale Activity In Today's Session
Tesla, Micron, Broadcom, MARA Holdings And Other Big Stocks Moving Higher On Monday
Top Stock Movers Now: Broadcom, Micron Technology, Supermicro, Ford, and More
Nasdaq, S&P 500 Rise; Bitcoin Rallies -- WSJ
"Biden Prepares To Target Chinese Legacy Chips With Trade Investigation; The Investigation Could Result In Tariffs On Older Types Of Chips From China, Though The Decision Would Ultimately Fall To Trump" - NY Times