The outlook for memory chip demand keeps deteriorating. On Thursday, the largest chip-equipment maker in the world Applied Materials (ticker: AMAT ) reported slightly better-than-expected overall resu...
Tag: Micron Technology Inc
Wynn Resorts, Microsoft, Honeywell, Salesforce and more
The Wynn Resorts logo stands illuminated as people sit by the fountain at the Wynn Macau casino resort in Macau, China, on Tuesday, July 24, 2018. Pual Yeung | Bloomberg | Getty Images Check out the c...
Shaw Communications, Li Auto, Southwest and others
Check out the companies making headlines before the bell: Shaw Communications (SJR) – Canada’s Competition Tribunal dismissed an attempt by the country’s competition watchdog to block the ...
Tesla, AMC, Southwest and others
Check out the companies making headlines before the bell: Tesla (TSLA) – Tesla gained 1.6% in the premarket in a volatile session, following a seven-day losing streak and declines in ten of the past e...
Micron’s recovery from ‘worst memory downturn in 13 years’ will take time, analyst says
Micron Technology Inc.’s results and outlook show the memory-chip market is probably at its worst downturn in 13 years and analysts expect the bounce back may take a while. Late Wednesday, Micron MU, ...
Teladoc Health is not a good situation
PagSeguro Digital Ltd: “We have to remember it’s from Brazil, so therefore it’s politically unstable. I hate to just be so broad-sweeping as that. … These are political issues....
Jim Cramer says the ‘worst of 3 worlds’ helped lead stocks lower on Thursday
CNBC’s Jim Cramer outlined three reasons that markets lost a short-lived rally on Thursday. If the economy were running colder, if the stock market was lower, and if interest rates were higher b...
AMC Entertainment, Tesla, Micron, Under Armour and more
Pedestrians pass in front of an AMC theater in New York. Scott Mlyn | CNBC Check out the companies making headlines in midday trading. AMC Entertainment — Shares plummeted 7.4% after the company propo...
CarMax, Micron, Under Armour and others
Check out the companies making headlines before the bell: CarMax (KMX) – The auto retailer’s stock slumped 12.7% in the premarket after its quarterly profit and revenue fell well short of estima...
Micron sales could dive more than 50%, and more belt-tightening is expected before outlook improves
Micron Technology Inc.’s revenue declines could worsen to more than 50% before inventory-saturated customers work though that product and boost sales in the second half of 2023, but before then the me...
Under Armour, Micron Technology and more
Shoppers pass an Under Armour store in White Plains, New York. Scott Mlyn | CNBC Check out the companies making headlines after the bell: Micron Technology — The semiconductor stock slumped about 2% ...
FedEx and Nike earnings will hold vital hints on holiday-shopping strength
After investors raced for the exits following their last earnings reports, package-deliverer FedEx Corp. and athletic-gear maker Nike Inc. will try it again. And they’ll offer important reads on deman...
I like Advanced Micro Devices over Micron
Nu Holdings Ltd: “I’ve got U.S. financials, which until last Friday were just coming in with a head of steam. And I still like them and I would be a buyer of them, not that.” SGHC Li...
Mixed economic picture, energy, EL deal
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments: ‘Mixed pictureR...
Climate investor who made right Exxon bet on how to beat the market
A view of the Exxon Mobil refinery in Baytown, Texas. Jessica Rinaldi | Reuters Jennifer Grancio was among the leaders at Engine No. 1, the upstart investing firm focused on climate and energy transit...
Micron Plans to Build Largest U.S. Chip Plant Ever
Micron Technology plans to invest billions of dollars to build a huge new chip manufacturing plant. The company says the so-called megafab will be the largest semiconductor factory ever built in the U...
Micron faces ‘unprecedented’ supply issues, and analysts are split on if the bottom has been hit
Micron Technology Inc. is dealing with an “unprecedented” oversupply problem, but whether it gets worse or better in the near-term is up for debate. However, analysts had different ideas about when th...
Still oversold, picking at chip stocks, Club names in the news
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. Market still oversold When ...
Nike, Micron, Amylyx and others
Check out the companies making headlines before the bell: Nike (NKE) – Nike slumped 10% in the premarket after it reported a 44% increase in inventories for its latest quarter, and said it would offer...
Opinion: Micron earnings suggest the chip downturn could be worse than Wall Street expects
Micron Technology Inc. executives warned about a semiconductor downturn in late June, but now say that a “sharp and sudden” drop in demand exceeded even those expectations, suggesting the current chip...
Micron forecast expected to shed light on how two years of unprecedented supply problems may resolve
Micron Technology Inc. investors are hoping the memory-chip maker’s forecast will provide more color into the unprecedented supply-and-demand dynamics created by two years of COVID-19-related disrupti...
Keep your powder dry when it comes to Crown Castle
Moderna Inc: “I actually want to buy the stock. I know it can go lower, but I think it’s a really well-run company.” Texas Instruments Inc: “I think that it’ll make the q...
12 semiconductor stocks bucking the downcycle trend
Semiconductor stocks have been great outperformers over long periods, but their movement this year underscores how cyclical the industry can be. Here is a look behind the numbers that are driving down...
Chip stocks could plunge another 25% as ‘we are entering the worst semiconductor downturn in a decade,’ analyst says
After a rough few months for semiconductor stocks, one Wall Street analyst expects the pain to continue and predicted Tuesday that “we are entering the worst semiconductor downturn in a decade.” In a ...
Peloton, Salesforce, Dollar Tree and more
Check out the companies making the biggest moves midday: Peloton — Shares of Peloton plunged over 18% after the company reported quarterly results Thursday showing a wider-than-anticipated loss and de...
AMC, Signify Health, Netflix and more
Netflix is expanding its push into mobile gaming. Sopa Images | Lightrocket | Getty Images Check out the companies making the biggest moves midday Monday: AMC — Shares of the theater chain dropped nea...
Chip stocks tanked as pandemic demand for electronics slumped, but there are still some winners
After two years of unprecedented chip sales and demand related to the COVID-19 pandemic, a long-feared reversal has struck the semiconductor industry, but some markets are still performing strongly — ...
Intel stock’s dividend sticks out among chip makers. But a cut may be coming.
Semiconductor stocks have been on a tear so far this year, following a difficult 2022. But now that we’re in the thick of fourth-quarter earnings season, investors will be questioning whether or not I...