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Micron’s Memory Boom Is Heading For A Peak, Analyst Warns
Benzinga3d agoneutral
Micron’s Memory Boom Is Heading For A Peak, Analyst Warns

Micron Technology, Inc. (NASDAQ:MU) stock gained about 1% in Monday premarket trading as technology stocks moved higher ahead of the opening bell. Nasdaq futures rose 0.41%, while S&P 500 futures gained 0.17%.The move comes as investors weigh Micron’s longer-term growth prospects against expectations for slowing memory pricing momentum and rising competition from Chinese manufacturers.On Aug. 7, Citigroup analyst Atif Malik maintained a Buy rating on Micron but lowered his price forecast to $1,1

Montrose Environmental Group Q2 Earnings Call Highlights
MarketBeat4d agoneutral
Montrose Environmental Group Q2 Earnings Call Highlights

Montrose Environmental Group (NYSE:ONT), which rebranded as Onterris Inc. on April 21, reported lower second-quarter revenue amid historically low environmental emergency-response activity, while cost optimization helped lift adjusted EBITDA margins and supported a narrower reduction in its full-yea

Onto Innovation Q2 Earnings Call Highlights
MarketBeat4d agoneutral
Onto Innovation Q2 Earnings Call Highlights

Onto Innovation (NYSE:ONTO) reported second-quarter 2026 results above the high end of its guidance range, with revenue, margins and earnings supported by demand for semiconductor process-control systems used in advanced packaging and leading-edge chip manufacturing. Chief Executive Officer Michael

Warren Buffett sends a blunt message to stock market investors
TheStreet5d agoneutral
Warren Buffett sends a blunt message to stock market investors

Berkshire Hathaway is sitting on $397.4 billion in cash. That number is larger than the market value of ExxonMobil. It exceeds the GDP of South Africa. It is the largest liquid reserve in the company's history. Berkshire has been a net seller of stocks for more than three years and has not found a ...

S&P closes at record high as soft jobs report eases rate-hike concerns
Reuters Videos5d agobullishVIDEO
S&P closes at record high as soft jobs report eases rate-hike concerns

<body><p>STORY: U.S. stocks rallied on Friday, with the Dow gaining more than a quarter of a percent, the S&P 500 adding about six-tenths of a percent to notch a record high close, and the Nasdaq climbing 1.3%.</p><p>Data from the Labor Department showed the U.S. economy unexpectedly shed jobs last month, boosting investor optimism that the Federal Reserve would hold off on raising interest rates at its September meeting.</p><p>Eric Lynch is managing director and co-portfolio manager at Suncoast Equity Management.</p><p>"The jobs report today being mildly negative was one of those situations where bad news is good news because it probably takes a little emphasis off the hawkish tones from the Fed for next month's meeting. Less likely they raise rates. And so, if that's the case, those areas of the economy that are most, kind of, cyclical and expansionary, things like industrials, consumer cyclicals, technology, those three sectors, for example, are up nicely I think on this news.”</p><p>Stocks on the move Friday, included Elon Musk's SpaceX, which surged nearly 16% a day after the expiration of the first of several share lockup restrictions following its record-breaking June public offering.</p><p>Shares of collaboration software maker Atlassian shot up more than 35% for their largest-ever daily percentage gain.</p><p>:: Archive</p><p>while Microchip Tech's stock jumped almost 14% for its best daily performance in more than 15 months. Both moves came after the companies forecast quarterly revenue above Wall Street estimates.</p><p>And shares of Airbnb climbed more than 17% as the S&P 500's best performer after the vacation rental company beat second-quarter revenue estimates.</p><p>On the flip side, Trade Desk was the S&P 500's worst performer, with shares plunging nearly 22% after the ad-tech firm forecast third-quarter revenue below expectations.</p></body>

Stock market hits records as Fed removes key safety net
TheStreet5d agoneutral
Stock market hits records as Fed removes key safety net

Wall Street just got the milestone investors have been waiting for. The S&P 500hit new highs this week, and the Dow Jones Industrial Average closed above 54,000 for the first time. The Nasdaq also jumped as technology and artificial-intelligence stocks bounced back from their summer slump. If ...