Micron Shares Rise More Than 4% After SK Hynix Earnings
Micron shares rose more than 4% on Wednesday after SK Hynix reported earnings, as memory-chip stocks rebounded from recent lows. Samsung's results are described as the next test for the trade.
Find public news by keyword, exact ticker, category and date.
Open a ticker page for its news coverage. The news search below stays a text search.
19 results loaded, newest first. End of these results. The latest changes are still being indexed. Try again shortly for updated results.
Micron shares rose more than 4% on Wednesday after SK Hynix reported earnings, as memory-chip stocks rebounded from recent lows. Samsung's results are described as the next test for the trade.
ASML now expects chip-tool shortages through 2028 Customers discuss orders stretching into 2029 and 2030 Debate shifts to capacity, pricing and AI demand staying power By Toby Sterling and Nathan Vifflin AMSTERDAM, Oct 15 (Reuters) — In April, computer chip equipment maker ASML's CEO Christophe Fouquet told shareholder
Jordi Visser said he does not expect Micron to reach an earnings peak soon, but prefers optics companies and crypto for new investment. He said he bought Micron shares over the past three months, though his position is smaller than the one he sold in May.
(For a Reuters live blog on US, UK and European stock markets, click LIVE/ or type LIVE/ in a news window.) Futures: Dow up 0.61%, S&P up 0.03%, Nasdaq down 0.51% Oct 13 (Reuters) — Futures tied to the S&P 500 were muted on Tuesday, with major US banks scheduled to report earnings while weakness in chip stocks weighed
(Updates with European prices, analyst's comments) Chipmakers drop across the globe on competition concerns US bank earnings to show impact of rising yields on lending, dealmaking and funding Treasuries rise as investors seek safety, oil markets in focus By Ankur Banerjee and Sruthi Shankar Oct 13 (Reuters) — World sto
Micron, SanDisk and SK Hynix shares have fallen from recent highs even as earnings estimates and some analyst price targets rose. The article highlights valuation risks if memory-chip profits weaken, alongside Micron management’s statement that 26 multiyear agreements should cover more than 35% of revenue through 2030.
examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories. U.S. stocks made weekly gains despite a volatile finish, as record-high Treasury yields, rising oil prices, and fresh doubts about the artificial intelligence boom weighed on investor sentiment. The
Dow Jones futures were little changed overnight while 10-year Treasury yields edged higher after touching a 24-year high intraday. The article also flagged Samsung, Micron, Taiwan Semiconductor and Sandisk ahead of chip-related results and sales updates.
Samsung Electronics is expected to report a nearly nine-fold jump in third-quarter operating profit driven by robust AI demand, though analysts have cut forecasts by nearly 8% since the end of August. Chip prices rise but pace of growth slows, with memory chip margins potentially flat.
KOSPI closed down 0.48% at 6,838.04 and fell 19.3% in the quarter; foreigners sold 2.1 trillion won of shares as won strengthened.
KOSPI falls, foreigners net sellers Korean won weakens against dollar South Korea benchmark bond yield rises For the midday report, please click... SEOUL, Sept 28 (Reuters) — Round-up of South Korean financial markets: * South Korean shares fell more than 2% on Monday in catch-up trading following a holiday break, post
Vanguard marked 50 years since launching the first public S&P 500 index fund, while the piece argues investors increasingly need to choose among different indexes, not just own the benchmark.
SK Hynix Inc. said it plans to buy back and cancel 40 trillion won ($29 billion) of treasury stock and to allocate more than 50% of cumulative free cash flow from 2025 to 2027 to shareholder returns.
SK Hynix’s U.S.-listed ADR SKHY rises in premarket after the company said it will buy back and cancel 40 trillion won, or $29 billion, of treasury shares.
The S&P 500 tops 7,800 for the first time after a flat July producer-price print and softer core PPI, while semiconductors and SanDisk’s 15% surge drive gains.
Seagate Technology Holdings Plc (NASDAQ: STX ) shares gained Wednesday after the company reported better-than-expected fourth-quarter results and issued first-quarter guidance above Wall Street estimates. Rosenblatt analyst Kevin Cassidy said Seagate delivered a “clean beat-and-raise” quarter, with stronger pricing, a
SK Hynix Inc. (NASDAQ: SKHY ) on Wednesday pushed back against concerns that aggressive investment in AI memory production could lead to a supply glut, saying it does not expect its expansion plans to create oversupply in the near future. “We do not believe our medium- to long-term investment plans will lead to oversup
Micron stock climbs 3.28% in pre-market trading after Bernstein SocGen raises price target to $1,300
Micron stock climbs 3.28% in pre-market trading after Bernstein SocGen Group raises its price target to $1,300