Micron Q4 Revenue Rises, Beats Estimates on AI Demand
Micron Technology reported that its fourth-quarter revenue increased and surpassed analyst expectations, driven by rising demand for memory chips used in artificial intelligence applications.
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Micron beats Q4 estimates, guides Q1 revenue above views
Micron reported Q4 revenue of $54.229B versus $51.069B expected and said Q1 revenue should be $61.5B, above the $57.024B estimate.
Micron Options Price in a 6.3% Swing: Is It too Conservative?
Option traders are bracing for a big move in Micron Technology Inc. (NASDAQ: MU ) after Wednesday’s close. History suggests the bet may still be too small. According to Pro data, the option market implies a 6.3% move in either direction after Micron’s fiscal fourth-quarter earnings report. At the current market cap of
Saga (SAGA.L) H1 revenue up 12% to £367.5 mln; profit guidance raised to £65-70 mln
Saga said H1 revenue rose 12% year on year to £367.5 mln, with underlying profit before tax nearly doubling on Travel and Insurance growth. The company raised full-year underlying profit before tax guidance to £65-70 mln and expects net debt and leverage to remain broadly flat.
Top Three S&P 500 Stocks to Watch This Week: Micron, Accenture, Tesla
The S&P 500 Index held steady last week, hovering near its all-time high of 7,820. The index has jumped 22.3% from its low this year, brushing aside the ongoing US-Iran and Russia-Ukraine conflicts as well as rising US bond yields. This article highlights some of the top constituent stocks to watch this week, including
80% Odds Micron Beats Every Analyst On Wall Street, This Model Says
Micron Technology Inc. (NASDAQ: MU ) told investors in June to expect about $50 billion in fiscal fourth-quarter revenue. One independent research house thinks the company will beat not just that number next week, but every estimate on Wall Street. Tessara, a research platform that publishes graded forecasts, puts the
B of A cuts AeroVironment target to $185, keeps Buy
B of A Securities maintained its Buy rating on AeroVironment but lowered its price target to $185 from $225. The stock was down 3.53% at $141.88 in Friday trading.
SailPoint Q2 beats on profit, ARR growth
SailPoint reported second-quarter fiscal 2027 results with ARR up 25% year over year to $1.231 billion and operating profit of $62.8 million. Analysts said AI-related ARR rose above $70 million, while full-year guidance was left unchanged and third-quarter revenue guidance was mixed.
Ciena shares rise after fiscal Q3 results as analysts cut targets
Ciena shares rose in early trading after strong fiscal third-quarter results. Needham cut its price target to $520 and Rosenblatt to $525, citing valuation pressures despite revenue and non-GAAP earnings beats.
DocuSign raises fiscal 2027 ARR guidance after Q2 results
DocuSign reported Q2 revenue of $876 million, up 9% year over year, with a 32% operating margin and about $300 million in free cash flow. It also raised fiscal 2027 ARR guidance and said IAM now accounts for 15.1% of total ARR.
Broadcom Q3 beats but Q4 guidance weak as analysts lift targets
Broadcom reported fiscal 2026 Q3 revenue of $29.59B vs $29.36B estimates and adjusted EPS of $3.32 vs $3.24. It guided Q4 revenue to about $34.8B vs $35.03B estimates; Cantor, BMO and Rosenblatt raised price targets.
BoJ Ueda vows further rate hikes; RBNZ lifts OCR by 25 bps
BoJ policymaker Kazuo Ueda said rates would keep rising as inflation risks grow. RBNZ raised the OCR to 2.75% by 25 bps, while global bonds sold off on inflation fears.
Dell beats estimates, raises outlook after record AI demand
Dell reported adjusted EPS of $7.04 on revenue of $46.97 billion, both above estimates, and raised full-year fiscal 2027 guidance as AI server orders hit a record $60.9 billion.
Klarna rises as Affirm fourth-quarter beat lifts BNPL peers
Klarna shares traded higher in sympathy after Affirm reported fourth-quarter EPS of $4.62 and revenue of $1.17 billion, both above estimates, and forecast first-quarter revenue of $1.19 billion to $1.22 billion.
Marvell slides nearly 8% after earnings despite guidance raise
Marvell Technology fell nearly 8% premarket after its Q2 results and raised outlook, as investors focused on valuation concerns. The company posted revenue of $2.74 billion and adjusted EPS of 94 cents, and lifted next-quarter guidance.
NVIDIA rises in premarket after quarterly results
NVIDIA shares rose 7.41% to $225.19 in premarket trading after the company reported second-quarter revenue of $96.22 billion and adjusted EPS of $2.22, both above estimates, and issued third-quarter revenue guidance of $105.84 billion to $110.16 billion.
Nvidia beats on Q2 revenue, EPS and issues strong Q3 guidance
Nvidia reported Q2 revenue of $96.22 billion and adjusted EPS of $2.22, both above Street estimates. Gross margin was 75.0%, and the company guided Q3 revenue to $105.84 billion-$110.16 billion.
Peloton fourth-quarter revenue beats, EPS in line; guidance falls
Peloton reports fourth-quarter revenue above analyst estimates, with adjusted EPS of 13 cents in line, and guides full-year revenue to $2.3 billion to $2.4 billion versus $2.44 billion in the prior full fiscal year.
Nvidia reports fiscal second-quarter results next Wednesday after the close
NVIDIA Corp. (NASDAQ: NVDA) reports fiscal second-quarter results next Wednesday after the market close after a run of triple-play quarters and a recent flat stretch in the stock.
U.S. stocks end week higher as inflation eases Fed hike fears
U.S. stocks post modest weekly gains, with the S&P 500 and Nasdaq Composite advancing, the Russell 2000 hitting an all-time high, and softer inflation data reducing bets on another Fed rate hike.
ERock Inc. jumps after Q2 results and full-year guidance
ERock Inc. (NYSE: EROC) rises after posting a Q2 net loss of 6 cents per share versus a 29 cents loss estimate and Q2 revenue of $39.88 million versus $27.31 million expectations, while initiating 2026 revenue guidance of $435 million to $465 million.
Coherent Beats Q4 Earnings Estimates
Coherent Corp. reports Q4 EPS of $1.74, beating the consensus estimate of $1.61
Trimble Beats Q2 Estimates
Trimble reported Q2 revenue of $972 million, up 11% year over year, and adjusted earnings of 86 cents per share, beating estimates
5 Earnings Losers With More Downside Ahead
It’s been a generally successful earnings season for most of the market, as EPS figures remain strong and analysts continue to raise estimates. But not everyone is joining the party. Earnings reports from the following five companies appeared to be strong at first, but all five stocks dropped after reporting. In fact,
Germany Industrial Production Rises
German industrial production increases for third month
Trillion-Dollar Countdown: The Math Behind AMD's Next Big Milestone
Advanced Micro Devices Inc. (NASDAQ: AMD ) is trading into Tuesday’s Q2 earnings with a fresh set of numbers that make the trillion-dollar question impossible to ignore — and options traders are already betting the print itself could be the trigger. AMD stock is climbing into earnings. See the chart and price action he
Palantir, Alphabet Ride A Double-Sized Earnings Boom Wall Street Barely Saw Coming
Investors spent much of the second quarter bracing for an energy shock and fretting over an AI bubble. Corporate earnings have delivered the opposite story so far, with a profit surge running roughly twice as strong as Wall Street expected. PLTR stock is climbing. See the chart and price action here. Oppenheimer report
S&P 500 Earnings Crush Expectations
85% of S&P 500 companies beat Q2 earnings estimates
AMD Options Price A 9% Swing On Earnings: What Does History Say?
Advanced Micro Devices Inc. (NASDAQ: AMD ) has beaten Wall Street’s earnings estimate in 10 of its last 12 quarters. That sounds like the recipe for a stock that consistently rallies after earnings. History says otherwise. Since August 2023, AMD has finished the day after earnings lower in seven of its 12 reports, desp
Fed's Williams: Policy Well Positioned
Fed's Williams believes policy is well positioned for 2% inflation target