Micron Technology (MU) predicts that memory-chip shortages will persist until at least 2028 as demand from AI data centers remains insatiable amid production constraints. Micron stock rose Thursday after its blowout quarterly results and outlook The Boise, Idaho-bas
KKR Asset Management (NYSE:KKR) shares added more than 3% on Thursday after the alternative asset manager provided an update highlighting stronger monetization activity and changes to its financial reporting. The firm announced that monetization activity exceeded $900 mill
Micron Technology's (MU) Q3 2026 earnings report landed on June 24, giving the AI trade a badly needed jolt. Goldman Sachs had cautioned that the positioning was bullish, expectations were high, and the stock's huge run left little room for disappointment Then Micro
The company’s financing model faces pressure as its STRC preferred stock plunges amid Bitcoin’s decline below $60,000. Strategy’s STRC preferred stock fell to an all-time low Thursday as Bitcoin dropped below $60,000, raising doubts about the company’s ability to sustain i
EWY beats FXI by 190 percentage points over the past year The South Korea Fund has outpaced the China Fund by nearly 190 percentage points over the past year. The South Korea Fund charges 14 basis points less in annual fees than the China Fund. The China Fu
Analysts set a $307 price target for MRVL after data center revenue surged to 76% of total sales amid AI demand. Marvell Technology (NASDAQ:MRVL) has surged 226% year-to-date to $276.70, driven by a 27.6% YoY revenue increase to $2.417 billion in Q1 FY2027. Non-GAAP EPS re
A Wall Street analyst cites research suggesting large IPOs could drain liquidity and trigger a severe market correction. A Wall Street analyst has warned that high-profile initial public offerings, including SpaceX and OpenAI, could trigger a 40% market decline. The predic
GOOGL drops amid investor worries over 2027 earnings estimates and rising capital expenditures, offsetting its 9% 2026 gain. Alphabet shares extended their June decline on Thursday, pressured by concerns over 2027 earnings projections and a surge in capital spending. The s
Micron’s 64% EPS guidance increase drives semiconductor ETF optimism, outweighing Qualcomm’s forecast cut. The iShares Semiconductor ETF (SOXX) gained momentum after 73.8% of its holdings by weight raised earnings or revenue guidance. Micron Technology (MU), the fund’s lar
TD Cowen raised Macy's price target, sparking a 4 percent jump, while Berkshire Hathaway disclosed a $55 million stake in the retailer. Macy's Inc. shares climbed nearly 4 percent after TD Cowen increased its price target to $25 from $20 and maintained a buy rating. The st
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