Micron's profitability might take another year despite AI chip frenzy — and the stock is suffering
Analysts are praising Micron Technology Inc.'s progress on its year-long turnaround in a tough memory-chip market, but even with a boost from artificial-intelligence sales, it could take another ye...
Micron Shares Fall Following Weaker-Than-Expected Guidance
Micron Technology (MU) shares tumbled more than 3% in early trading Thursday after the company issued weaker-than-expected guidance for the current quarter, despite beating revenue and profit expec...
Chipmaker Micron Predicts Steep Loss in Current Quarter
Micron Technology Inc. fell as much as 5.5% in premarket trading after predicting a steeper loss than anticipated in the current quarter, indicating that an industry slump is still weighing on the ...
Micron investors 'thinking too optimistically' about rebound: Analyst
Micron Technology (MU) shares slide lower this morning after investors express disappointment on the extent of its fourth-quarter earnings beat. Fox Advisors Founder and CEO Steven Fox spoke with Y...
Wall Street Lunch: Cohen Is CEO At GameStop
GameStop appoints Ryan Cohen as president and CEO. U.S. GDP growth rises 2.1% in Q2; Weekly jobless claims rose to 204K.
3 Reasons Micron is a Buy on Market Weakness
Shares of Micron NASDAQ: MU are down about 5% following the Q4 release and guidance, but this is not the time to trim positions. The stock is down on a lackluster report that points to industry nor...
Micron Stock Drops. It's Time to Buy, UBS Says.
Micron might have disappointed investors with its margin outlook but investors should still want to be positioned for a memory-chip upturn, UBS says.
Micron's AI-focused chip won't help financial results anytime soon
Investors counting on a boost from AI to help Micron Technology Inc. offset any near-term losses in the next quarter or two saw their hopes dashed in a good news/bad news call with Wall Street anal...
Micron Technology, Inc. (MU) Q4 2023 Earnings Call Transcript
Micron Technology, Inc. (NASDAQ:MU ) Q4 2023 Earnings Conference Call September 27, 2023 4:30 PM ET Company Participants Samir Patodia - IR Sanjay Mehrotra - President and CEO Mark Murphy - CFO Con...
Micron (MU) Reports Q4 Earnings: What Key Metrics Have to Say
The headline numbers for Micron (MU) give insight into how the company performed in the quarter ended August 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimat...
Micron earnings top estimates, beats on top and bottom lines, issues mixed guidance
Micron Technology's (MU) fourth quarter results were better than analysts were expecting. The memory and storage company reported a smaller adjusted loss than expected, ($1.07) per share compared t...
Micron (MU) Reports Q4 Loss, Tops Revenue Estimates
Micron (MU) came out with a quarterly loss of $1.07 per share versus the Zacks Consensus Estimate of a loss of $1.18. This compares to earnings of $1.45 per share a year ago.
Micron (MU) Mixed After the Bell, Shares -3%
Markets fought to stay in the green today, though in the end we saw the S&P 500 come in flat (+0.02%) and the Nasdaq +0.22% on the day while the Dow was -0.20%. Only the small-cap Russell 2000 had ...
Micron disappoints on earnings outlook: ‘I want to be a buyer here'
Micron Technology Inc (NASDAQ: MU) lost about 5.0% in extended trading even though its reported better-than-expected results for its fiscal fourth quarter. Why is Micron stock down in after-hours?
Micron stock sputters on soft fiscal Q1 guidance despite demand for AI chips
Micron Technology, Inc. (NASDAQ:MU) shares tumbled 4.5% in extended trading Wednesday after posting a fiscal fourth-quarter revenue that came in short of expectations. The chipmaker posted an adju...
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