Category: Overshadows
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Micron stock plummets as weak outlook overshadows AI opportunity
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Micron (MU) stock fell more than 17% early Thursday with weaker-than-expected guidance for the current quarter despite growing demand for AI chips. The memory chip maker, which counts Nvidia (NVDA) as a major customer, said Wednesday that it expects revenue between $7.7 billion and $8.1 billion for the quarter. Wall…
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Trump shooting overshadows markets, China GDP in spotlight By Reuters
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By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. A dramatic escalation in political tensions and violence in the United States following Saturday’s assassination attempt on former President Donald Trump looms over global markets on Monday, with Asian assets the first to show what impact…