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Micron’s Jaw-Dropping Earnings Show It Is Leaving Nvidia Behind in the AI Boom
24/7 Wall St.51d agobearish
Micron’s Jaw-Dropping Earnings Show It Is Leaving Nvidia Behind in the AI Boom

Artificial intelligence has created a handful of corporate winners, but one company has towered above the rest. Nvidia (NASDAQ:NVDA) became the face of the AI revolution as demand for its chips exploded, pushing its market value to roughly $4.8 trillion. Even after a pullback of nearly 16% from its all-time high, most investors still view ... Micron’s Jaw-Dropping Earnings Show It Is Leaving Nvidia Behind in the AI Boom

Lockheed Martin's U.S. Missile Contracts to Boost Earnings Per Share
Barrons.com51d agobearish
Lockheed Martin's U.S. Missile Contracts to Boost Earnings Per Share

Lockheed Martin's latest contract award from the U.S. Government adds to sales growth in the defense group's missiles division, Jefferies' Sheila Kahyaoglu wrote. The company signed a seven-year contract worth up to $35 billion for Terminal High Altitude Area Defense interceptor missiles. The contract follows another government award for a significant ramp up in Patriot missile production, the analyst noted.

Stock Futures Surge as Micron Earnings Revive AI Trade
Barrons.com51d agobullish
Stock Futures Surge as Micron Earnings Revive AI Trade

Stocks looked set to rally after memory-chip maker Micron’s strong earnings and guidance breathed some life into the artificial-intelligence trade, which has stumbled in recent sessions. Nasdaq 100 futures jumped 2% on Thursday. S&P 500 futures gained 0.7%.

Asian Stocks Rise After Micron Earnings Ease AI Fears
The Wall Street Journal52d agoneutral
Asian Stocks Rise After Micron Earnings Ease AI Fears

STOCKS Asian equity markets were mostly higher after memory-chip maker Micron’s blockbuster results eased artificial-intelligence fears and oil slumped toward prewar levels as Middle East tensions continued to ratchet down.

Micron’s Blockbuster Earnings Quiet the AI Doubters
The Wall Street Journal52d agoneutral
Micron’s Blockbuster Earnings Quiet the AI Doubters

A dayslong tech selloff raised new questions about whether America’s artificial-intelligence boom could continue at its breakneck pace. The blockbuster earnings arrived after a slump in tech shares that rippled from South Korean chip makers to American fiber-optic cable providers. As investors increasingly search for bottlenecks in the globe-spanning supply chain for AI, gauging whether profits will meet the hype, Micron suggested a worldwide scramble for memory shows no sign of slowing down.