BlackBerry also ranks highly before upcoming report
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U.S.-Iran talks continue in Switzerland, housing is out of its deep freeze, the next hot quantum stock is an AI data center play, and more news to start your day.
Micron earnings and PCE data headline a busy week for investors.
Hewlett Packard Enterprise, Micron, and Palantir blew away analysts' expectations last quarter.
Shares have tripled this year, and investors are looking for another strong update.
Investors Look to Chipmaker for Signals on AI DemandInvestors are closely watching the upcoming earnings report from Micron Technology (NASDAQ:MU), viewing it as an important indicator of whether the artificial intelligence-driven surge in semiconductor demand remains strong enough to support further gains in equity markets. Despite a sharp sell-off earlier in the week, major U.
Why Micron stock could be on course for a fall when it reports fiscal third quarter earnings after the market closes on Wednesday next week.
By Laura Matthews NEW YORK, June 19 (Reuters) - Investors are seeking signs that the U.S. stock market rally fueled by artificial intelligence has more life left in it, and the upcoming Micron
The memory specialist heads into Wednesday's report having already guided for record revenue. But after a run that has more than tripled the stock this year, the outlook on memory pricing and supply may matter more than the quarter itself.
Micron, one of the hottest stocks in 2026, is on deck to report quarterly results in the coming days. But how have sales and EPS expectations evolved?
Micron Gets Massive Wall Street Vote of Confidence Ahead of Earnings
Investing.com -- Micron Technology (NASDAQ:MU) has firmly established itself as one of the definitive AI infrastructure winners of 2026, triggering a massive wave of panic-buying among Wall Street analysts who are aggressively rewriting their models. Driven by an insatiable hunger for data center memory, multiple premier research firms have drastically hoisted their price targets, pushing expectations into an unprecedented $1,200 to $1,500 range. The frantic revisions come as Micron trades near
NVDA and MU are key drivers of Tech sector earnings growth as S&P 500 Q2 profits are forecast to rise 22.3% on 11.0% higher revenues.
Even when excluding the significant upward revisions to Energy sector estimates, aggregate Q2 earnings estimates for the remainder of the S&P 500 index would still be in positive territory since the start of April.
Deutsche Bank raised its Micron price target to $1,500 from $1,000.
Micron Gets a Huge Price Target Boost Ahead of Earnings
Analyst sees AI-driven memory demand supporting pricing strength through 2027.
One figure from the memory maker's upcoming report matters more than the rest -- and it will likely set the tone for the stock.
Goldman Sees Limited Upside for Micron Despite AI-Driven Boom
Micron stock has bounced around this week and Goldman Sachs analysts are wary of a high bar for its earnings this month.

The AI trade continues to stand on unsteady ground this week as semiconductor stocks waver. Oracle's (ORCL) fiscal fourth quarter earnings are due out after Wednesday's market close, which could ultimately be a tipping point for the AI sector. JonesTrading chief market strategist Michael O'Rourke speaks with Yahoo Finance Executive Editor Brian Sozzi about his outlook on the AI sector.
The VanEck Semiconductor ETF (NYSEARCA:SMH) closed Friday at $599, capping a stretch in which SMH has returned roughly 146% over the past year and tacked on nearly 20% in May alone. SMH is up about 66% year to date, and the rally has been driven less by NVIDIA than most holders assume. Because the fund ... SMH ETF Investors: Watch Hyperscaler Capex Guidance at July Earnings Calls
Wall Street forecasts triple-digit revenue growth and a sharp jump in earnings.
Jim Cramer used his June 8, 2026, Squawk on the Street appearance to deliver a direct warning to anyone riding the AI chip rally. His line, after a brutal Friday that saw the Philadelphia semiconductor index post its fourth-worst decline ever: “Unless you have accelerated earnings, your stock is pretty much done. Got to go ... Jim Cramer Warns: AI Stocks Face 50% Crash Without Earnings Growth
The Roundhill Memory ETF (CBOE:DRAM) closed Friday, June 5, 2026 at $55.79, down 15% on the day from a prior close of $65.70. Over the two-day window from June 3 through June 5, the fund dropped 20%, going from $69.71 to that Friday close. If you had $10,000 in DRAM at Wednesday’s open, you had ... Guidance Miss Becomes a Bloodbath: DRAM’s 15% Implosion is At The Center
Analysts remain bullish, but the stock's rally has raised expectations.
Broadcom’s AI forecasts, which some considered soft, triggered a sell-off in AI-linked stocks.
