Stock Research

Micron Technology (MU) slipped notably after market close on March 18, even though the memory chips specialist posted a blowout quarter featuring a nearly 200% year-on-year increase in revenue to $23.86 billion. And while this weakness is being attributed primarily to the firm’s warning that capex will step up “meaningfully” this year, part of it… Continue reading Micron stock: why attack on Qatar’s energy facility is bearish for it

Asian markets tumbled at the open on Thursday following the escalation of geopolitical tensions in the Middle East. Brent crude pushed above $110 a barrel after strikes on critical energy infrastructure deepened fears of a broader supply squeeze. The development came as Tehran hit a major energy facility in Qatar in a direct response to… Continue reading Asian markets tumble as Middle East strikes spark oil shock

Micron Technology delivered a blockbuster set of second-quarter results on Wednesday, underscoring the strength of demand for memory chips driven by artificial intelligence and data center expansion. The company reported adjusted earnings per share of $12.20, far exceeding Wall Street expectations of about $9.19. Revenue surged to roughly $23.9 billion, well above consensus estimates near… Continue reading Micron stock falls despite AI demand driving blowout earnings, outlook

Wall Street ended sharply lower on Wednesday as investors reacted to the Federal Reserve’s decision to hold interest rates steady, rising inflation pressures, and escalating geopolitical risks linked to the Middle East conflict. Major US indexes extended losses following the Fed’s announcement and fresh economic data. The Dow Jones Industrial Average fell about 768 points,… Continue reading Dow falls 700 pts as Fed holds rates, hot PPI fuels inflation fears

Micron Technology is set to report its fiscal second-quarter earnings after the bell on March 18, with investors bracing for a high-stakes release as the chipmaker rides a powerful wave of demand driven by artificial intelligence. Analysts expect Micron to report earnings of around $9.19 per share on revenue nearing $19.7 billion, according to FactSet… Continue reading What to expect from Micron’s Q2 earnings today?

Federal National Mortgage Association (FNMA) is slipping this morning as a “significant decline” in mortgage applications raised fresh concerns about housing market momentum. While Fannie Mae remains a cornerstone of US housing market, a fusion of delayed privatization, rising interest rates, and institutional rebalancing has created a perfect storm for investors. FNMA stock price has… Continue reading Four big reasons that are hurting Fannie Mae stock today

Institutional investors have loaded up on Datavault AI Inc (NASDAQ: DVLT) heading into its Q4 earnings scheduled for release tomorrow, March 19, before the opening bell. Consensus is for the artificial intelligence (AI) powered data monetisation and analytics specialist to report $24.7 million in revenue on 9 cents a share of loss for its fourth… Continue reading Smart money is betting big on Datavault stock ahead of earnings

A growing chorus on Wall Street is beginning to view Nvidia, long seen as the poster child of the artificial intelligence boom, through an unexpected lens: that of a value stock. The shift in perception comes even as the chipmaker continues to dominate the AI hardware market. But with its market capitalisation already towering and… Continue reading Is Nvidia a value stock now? Here’s why some experts think yes

Trade Desk stock fell sharply on Wednesday, extending losses from the previous session, after reports that French advertising giant Publicis Groupe advised clients against using the company’s platform following an audit dispute. The stock dropped 5% on the day, adding to a 7.4% decline on Tuesday, as investor sentiment weakened amid concerns over client retention… Continue reading Trade Desk stock plunge as Publicis audit sparks downgrades