56.60 +0.25 (0.44%)
Pre-Market: 8:13AM EDT
|Bid||56.50 x 800|
|Ask||56.50 x 2200|
|Day's Range||55.32 - 56.59|
|52 Week Range||26.85 - 64.66|
|PE Ratio (TTM)||5.65|
|Earnings Date||Sep 24, 2018 - Sep 28, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||80.93|
With more mobile broadband spectrum capacity than any other U.S. carrier, Sprint's (S) network is built to meet customers' growing demand for data.
Market anticipates technology sector to be least affected by the Trump administration's intended second round of tariffs worth $200 billion on Chinese imports.
Sean O’Hara, president of Pacer ETFs Distributors says chipmaking companies are the future of the technology sector over companies like Facebook and Google. Sean O’Hara, president of Pacer ETFs Distributors, says chipmaking companies are the future of the technology sector over giants like Facebook FB and Google GOOGL . O’Hara says Pacer ETFs is overweight on information technology, but not traditional tech, such as companies like Netflix NFLX or Apple AAPL .
NEW YORK, NY / ACCESSWIRE / July 11, 2018 / U.S. markets closed higher Tuesday as the kickoff of the latest corporate earnings season outweighed ongoing trade war concerns. The Dow Jones Industrial Average ...
Micron's lone skeptic among analysts providing coverage has thrown in the towel. Here's why Wall Street is now uniformly bullish on Micron.
LONDON, UK / ACCESSWIRE / July 11, 2018 / If you want access to our free earnings report on Micron Technology, Inc. (NASDAQ: MU) ("Micron"), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=MU. The Company reported its third quarter fiscal 2018 operating and financial results on June 19, 2018. Additionally, the Company provided its guidance for the upcoming quarter.
A potential $200 billion escalation in the U.S. trade war with China sent stock futures and China's markets sprawling early Wednesday. AAR and WD-40 dived on earnings news, as a handful of oil names stuck close to buy points.
Shares of Micron Technology (MU) are up $1.48, or 2.7%, to $55.80, following an upbeat note from JPMorgan’s Harlan Sur, who is more bullish than ever about the need for DRAM chips for server computers in data centers that process things such as artificial intelligence. Sur reiterates an Overweight rating on Micron stock, and an $84 price target. Drawing on work of his colleagues, Sur notes that JPMorgan estimates for the DRAM market revenue and shipments are now higher for this year and for next by 5% to 6% relative to what the firm thought last month.
The Zacks Analyst Blog Highlights: Micron Technology, ArcBest, Marathon Oil, Azure Power Global and Molina Healthcare
Shares of Micron (MU) climbed nearly 2% on Monday despite news last week that a Chinese court ordered the semiconductor giant to stop selling some of its memory chips in the world's second-largest economy. So let's see why Micron stock looks like such a great buy right now, allowing investors to feel so comfortable shrugging off the recent Chinese ruling.
A preliminary injunction handed down last week by a Chinese court against Micron Technology (MU) reveals a little of the vulnerability that China feels in the current tariff and trade battle, according to Credit Suisse’s John Pitzer. Pitzer, who has an Outperform rating on Micron, notes that the halt on certain Micron sales amounts to just $80 million, and Micron reiterated its outlook for the current quarter in disclosing its receipt of the notice of injunction. Pitzer calls the move by the Chinese “an almost ‘meaningless' slap on the wrist by the China courts." To him, it "suggests that current U.S./China trade disputes are constraining the China courts for fear of escalation – the most significant (albeit low probability) being an embargo on U.S. SCE tools necessary for China’s domestic semi plans,” referring to “semiconductor capital equipment,” or chip-making gear, sold by the likes of Applied Materials (AMAT) and Lam Research (LRCX).
Eight tech companies occupy list of 20 outliersThe Twitter logo is displayed on a banner outside the New York Stock Exchange. Just ahead of earnings season, tech companies like Twitter Inc., Advanced Micro Devices Inc., and Micron Technology Inc. figured prominently on a list of S&P 500 index stocks that are outperforming or underperforming analyst expectations. In a recent list prepared by FactSet, tech companies accounted for nearly half the stocks that had the largest disparities by percentage between their current trading price and average target prices.
Tech companies are seeing little impact so far from the U.S.-China trade war as the U.S. on Friday imposed the first round of tariffs on Chinese goods.
A Chinese court has barred Micron Technology (MU) from selling some of its products in China for the time being, according to a July 4 Wall Street Journal report. This decision comes as the trade war is intensifying between the United States and China. China and the United States are poised to impose new tariffs on tens of billions of dollars of each other’s products.
Micron Technology (MU) stock has been on a roller coaster ride since US-China trade tensions escalated. On Tuesday, July 3, the stock fell 5.5% after the announcement that a Chinese court has temporarily banned Micron’s chip sales in China in a patent infringement lawsuit. Micron estimates that the ban won’t hurt its quarterly revenue more than 1% of its annual sales, which brought a sigh of relief to Micron investors and was reflected in the stock price.
Ryan McQueeney and Ben Rains take on this week's biggest stories, including MoviePass' struggle to survive, the return of PC giant Dell to public markets, Tesla's historic-yet-disappointing milestone, and Micron's legal battle in China.
Boston Scientific is added to the CNBC IQ 100, an index weighted according to a company's intellectual property, which gives it a strategic advantage over competitors.
Business owners, particularly those who depend on trade with China, likely weren’t enjoying a completely carefree July 4th this year. The planned U.S. tariffs on $34 billion worth of Chinese imports took effect Friday, pushing the cost up 25% for impacted products. China’s customs agency responded immediately, with equivalent tariffs on American products.
Stocks rallied in the week after finding key support. President Trump launched a China trade war. Tesla hit a Model 3 production goal, but the stock tumbled. Biogen soared on Alzheimer's drug news.