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Wall Street stocks are expected to make a steadier start on Wednesday after a sharp technology-led sell-off in the previous two sessions, with investors now focused on Micron's earnings for clues about the health of the artificial intelligence boom. Nasdaq and S&P 500 futures were...
As tech and software stocks take a hit on Tuesday, memory chipmaker Micron Technology (MU) has dropped by as much as 12% in the session. Shares are still maintaining gains of over 270% in 2026 ahead of the company's latest earnings this Wednesday, June 24. Yahoo Finance Senior Business Reporter Ines Ferré and Mariner Wealth Advisors chief investment strategist Jeff Krumpelman take a closer look at what Wall Street is expecting from Micron's fiscal third quarter earnings results.
The spotlight is on chipmaker Micron Technology as it prepares to report earnings, with investors bracing for further volatility following sharp market swings fueled by large flows tied to SpaceX and a two-day boom-bust in semiconductor stocks. Last June, Micron was a well-known if somewhat obscure company with a market value of $136 billion and a long history, but not necessarily one whose quarterly earnings reports caught investors' fancy. Fast forward a year, and Micron is one of the stars of the technology rally that has sent chipmakers around the world soaring, igniting a fresh trading frenzy even after a dozen or more months of AI excitement.
The company nearly doubled revenue in its first quarter as a public company, but forecast a sharp drop in gross margins for the rest of the year
Shares of (NASDAQ:CBRS) fell roughly 14% in premarket trading on Wednesday after the AI chipmaker delivered mixed first-quarter 2026 results, with strong revenue growth overshadowed by an earnings miss and weaker margin guidance. The company, which describes itself as the builder of “the world’s fastest AI infrastructure,” reported revenue of $193.
NIKE is set to announce its fourth-quarter earnings this month, and Wall Street expects the company’s EPS to decrease by double digits.
Investing.com - Micron Technology reports results after the close today, just one day after a brutal 13.2% plunge. Ahead of the open, MU is indicated roughly 4.6% higher in pre-market trading, a partial recovery that does little to settle the core question investors face tonight: is the analyst community's revenue bar of up to $35.4B simply too high?
Micron’s results, due after market hours, would shape the view on the red-hot memory rally.
(Bloomberg) -- Micron Technology Inc.’s earnings report on Wednesday afternoon is shaping up to be one of the most important in months as investors find themselves suddenly on edge over the sustainability of the AI rally.Most Read from BloombergStocks Slide as Wall Street Gets AI Wake-Up Call: Markets WrapOracle Cut 21,000 Jobs in 12 Months, Says AI Replaced Some Roles‘FOMO Really Got Me’: Taiwanese Go Deep Into Debt to Amp 100% Stock RallySpaceX Falls for Third Day, Erases $600 Billion in Marke
Micron’s fourth-quarter outlook will be closely watched. The red-hot memory stock needs a big number.
US stocks advanced on Wednesday, rebounding from a bruising start to the week for tech stocks, as oil prices plunged to their levels not seen since the beginning of the US-Iran war.
Asking for a Trend Host Josh Lipton previews several of the biggest stories to come tomorrow, Wednesday, June 24, including US new home sales data and earnings results from Micron Technology (MU) and Trip.com (TCOM).
Micron stock is dropping after SK Hynix and Samsung stocks tumbled Tuesday on the KOSPI index as the tech selloff gathers pace.
Micron’s Anthropic agreement keeps the AI-memory story in view, with earnings set to show whether HBM demand, pricing, and margins can support expectations after the pullback.
Cerebras Systems's first-quarter revenue nearly doubled, its first financial update since going public showed on Tuesday, as it benefited from robust enterprise demand for its specialized AI chips. Cerebras is poised to benefit from rising demand for high-speed processing to train AI models and particularly for AI inference, or the process of running the models in real time. The chip designer is focused on inference, the process by which AI systems respond to user queries, and has tied much of its growth to OpenAI, including a $20 billion multi-year deal under which the ChatGPT creator will deploy 750 megawatts of Cerebras chips.
Moby summary of Korn Ferry's Q4 2026 earnings call
US airlines are expected to issue above-consensus earnings guidance for the third quarter, while sec
Carnival reported second quarter revenue of $6.6 billion, slightly below Wall Street’s estimates of $6.7 billion.
Moby summary of Carnival Corporation & plc's Q2 2026 earnings call
Micron's latest partnership should ensure that the demand for its memory chips remains strong in the long run.
Its share price has plunged about 21% since second-quarter earnings were released on June 3.
Carnival Corp (NYSE:CCL) shares fell almost 6% on Tuesday after the cruise operator issued a third quarter profit outlook below Wall Street expectations, overshadowing stronger-than-expected second-quarter results and record revenue. The company reported adjusted earnings of $0.41 per share...
The firm maintained its "Outperform" rating on CBRS stock.
Yahoo Finance's Julie Hyman takes a closer look at some of Tuesday's trending tickers and stories, including JPMorgan (JPM) upgrading IBM (IBM), Carnival's (CCL) second quarter revenue missing estimates, and AMC (AMC) stock plunging.
Micron Technology's stock has risen by almost 9x over the past twelve months, taking its market capitalization above $1.2 trillion - among the largest single-year gains in the company's four-decade trading history. The rally is driven by surging demand and a shortage of high-bandwidth memory that is used alongside AI accelerators in data centers. Hyperscalers, including Microsoft (MSFT), Alphabet (GOOG), and Meta (META), are projected to spend roughly $700 billion on AI infrastructure this year,
Over the past six months, Inspired’s stock price fell to $7.76. Shareholders have lost 15.6% of their capital, which is disappointing considering the S&P 500 has climbed by 8.5%. This might have investors contemplating their next move.
June 23 (Reuters) - Barclays and Stifel raised their year-end targets for the S&P 500 index to 7,800 on Tuesday, citing strength in corporate earnings.
Carnival (CCL) delivered earnings and revenue surprises of +18.84% and +0.33%, respectively, for the quarter ended May 2026. Do the numbers hold clues to what lies ahead for the stock?
Uber Technologies (NYSE:UBER) at $70.91 sits in a holding pattern. The stock absorbed a sharp leg lower on the same day it unveiled a Zurich robotaxi launch with WeRide and a global Level 4 partnership with Stellantis and Wayve, capturing why this name is interesting and uninvestable simultaneously. Uber runs the world’s largest ride-hailing and ... Uber Down 29% From Its High. Earnings Up 40%. Wall Street Sees 47% Upside
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