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News 2026-10-10 18:12 UTC

Why Micron Stock is Struggling Despite Revenue Growth and a Low Valuation

Micron (NASDAQ: MU ) shares are struggling this month, even as the S&P 500 sits at a record high. The stock has stayed stuck in a range despite strong revenue growth and guidance in its latest earnings report. It was recently trading at $1,040, about 18% below its high for the year. Micron Technology is Seeing Strong G

News 2026-10-10 17:20 UTC

Dry Beer Taps, Glove Shortages and Record Tanker Rates Trace Back to Hormuz

The global squeeze on freight shipping is raising costs across supply chains, as U.S. trucking rates rise because capacity has left the market. In Bahrain, home to the U.S. Fifth Fleet, several hotel bars had run out of draft beer in early October, and bottled beer was in short supply. Bartenders and hotel staff in Man