I'll turn to you Mike. What's on your mind as you watch how this market has traded. A nice bounce for tech which really needed it.>> Yeah, we sort of got to exhale a little bit. U so the big pressure has been on the AI trade. Micron gives you a reason to have some of that pressure relieved.And then I don't think there was really a bearish case surrounding CPI, but a downside surprise. You know, however many grains of salt you take it with is still net positive. The the bond markets had a sort of measured bu ...

After coming under considerable selling pressure over the course of the previous session, stocks showed a strong move back to the upside during trading on Thursday. The tech-heavy Nasdaq led the rebound by the major averages.The Nasdaq jumped 313.04 points or 1.4 percent to 23,006.36 and the S&P 500 advanced 53.33 points or 0.8 percent to 6,774.76, while the narrower Dow fluctuated before closing up 65.88 points or 0.1 percent at 47,951.85.The strength on Wall Street came following the release of a closely ...

Micron Technology (NASDAQ:MU) shares soared on Thursday after the company reported first-quarter financial results and guidance. Analysts see further upside and are raising their price targets.Micron Technology stock is charging ahead with explosive momentum. What’s behind MU gains?The Micron Analysts: JPMorgan analyst Harlan Sur reiterated an Overweight rating on Micron and raised the price target from $220 to $350.Goldman Sachs analyst James Schneider maintained a Neutral rating and raised the price targe ...

The recent wobble unsettled bulls. Despite strong sentiment, shares slid nearly 2.74% over the past five sessions, including a 3% dip just ahead of the fiscal Q1 2026 report. Technically, momentum had stretched too far. The 14-day RSI rolled over from November’s overbought zone to around 57.39, signaling exhaustion rather than outright trend reversal. Volume stayed active, suggesting distribution was orderly, not panicked.After a decade-long run delivering more than 1,600% in returns, MU hit a high of $264. ...

US stocks rebounded on Thursday as investors digested easing inflation pressures from the latest reading on consumer prices that could help set expectations for the path of interest rates. The tech-heavy Nasdaq Composite (^IXIC) led the way up with a gain of 1.4%, pushed north by a strong earnings report from Micron (MU), which saw its shares rise 10%. The tech gain came after AI trade worries had spurred another bruising session for tech on Wednesday. Shares in the benchmark S&P 500 (^GSPC) and the blue ...

Key Takeaways MU posted fiscal Q1 2026 revenues of $13.64B, up 56.8% year over year, with profits beating estimates.MU benefited from strong AI-driven demand for high-bandwidth memory, keeping HBM supply tight.MU guided Q2 revenues of $18.3B-$19.1B and reported record $3.9B free cash flow in Q1.As 2026 draws closer, investors are actively seeking stocks poised to benefit from the artificial intelligence (AI) boom. Micron Technology, Inc. (MU) stands out given its recent strong quarterly results. So, does th ...

For years, investors have been, to use an old-fashioned phrase, in the chips. And very into chip stocks. That’s been reflected by the outstanding long-term performance of ETFs that track the semiconductor sector, such as the $35 billion VanEck Semiconductor ETF (SMH). It was one of the first to track this key sub-sector of technology, debuting back in 2011. That was well before artificial intelligence was running the show. But that’s simply the most contemporary application of the semiconductor industry, ...

Micron Technology ((MU) shares surged more than 11% after the company reported blowout earnings yesterday evening, easily beating analyst estimates on both the top and bottom lines. The most notable takeaway was Micron’s guidance for next quarter, with revenue expectations raised to $18.7 billion from roughly $14.2 billion and earnings guidance nearly doubling from $4.78 per share to $8.42.Management struck a confident tone, noting that it is “more than sold out,” and reiterated expectations for the total a ...

Micron Technology (NASDAQ: MU) rallied some 15% today after reporting top- and bottom-line growth for its fiscal Q1 that Morgan Stanley dubbed the "best in the history of the US semis industry†outsid... ...

It's time to welcome in Matthew Tuttle, CEO, CIO, Tuttle Capital Management. Thank you for being with us. You have a couple of market two main pillars in this market that you're focusing on.What are those. >> Yeah, those are the Fed and the AI infrastructure spend. >> [clears throat] >> So, I think a lot of what's been driving the market this year is hope for a dovish Fed and massive unlimited AI spend.Uh what we've seen the past couple of weeks is both of those under attack somewhat. Uh you know, the Fed c ...