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Jabil shares surged after the company reported strong Q3 results and raised its full-year outlook, driven by robust demand in its Intelligent Infrastructure segment tied to AI.
Micron stock jumped nearly 5% after a strategic AI deal with Anthropic landed two days before its earnings report.
Memory chipmaker Micron Technology (MU) announced a new AI infrastructure partnership with private developer Anthropic (ANTH.PVT). Yahoo Finance Tech Editor Dan Howley weighs in on this headline while outlining Wall Street forecasts on Micron's latest earnings. Micron is set to report fiscal third quarter earnings results this Wednesday, June 24.
The market has gotten a bit irrational with Broadcom's stock.
Memory giant Micron (MU) will report its third quarter earnings after the bell on Wednesday, providing another update on the broader AI build-out.
Investing.com -- Micron Technology (NASDAQ: MU) caught a massive tailwind on Monday, with shares jumping 5.5% after the memory-chip giant unveiled a deep strategic partnership with AI heavyweight Anthropic. The surge comes as a perfect appetizer for investors just days before Micron’s highly anticipated Wednesday earnings report.
Micron Technology (NASDAQ:MU) stock is up about 6% in Monday morning trading to around $1,199, leading a broad memory and storage rally into the company’s Wednesday earnings report. Western Digital (NASDAQ:WDC) stock is also up by about 6% to around $788, while SanDisk (NASDAQ:SNDK) stock is up 5% to around $2,294. The group is resisting ... Micron and Western Digital Rise 6%, SanDisk Gains 5% as Memory Stocks Rally Into Micron’s Earnings
Hewlett Packard Enterprise, Micron, and Palantir blew away analysts' expectations last quarter.
Investors Look to Chipmaker for Signals on AI DemandInvestors are closely watching the upcoming earnings report from Micron Technology (NASDAQ:MU), viewing it as an important indicator of whether the artificial intelligence-driven surge in semiconductor demand remains strong enough to support further gains in equity markets. Despite a sharp sell-off earlier in the week, major U.
By Laura Matthews NEW YORK, June 19 (Reuters) - Investors are seeking signs that the U.S. stock market rally fueled by artificial intelligence has more life left in it, and the upcoming Micron
Investing.com -- Goldman Sachs initiated coverage of two major U.S. independent power producers, arguing that tightening electricity supply and surging demand from data centers in the PJM power market will support higher power prices and earnings growth through the end of the decade.
Accenture (ACN) delivered earnings and revenue surprises of +2.66% and -0.37%, respectively, for the quarter ended May 2026. Do the numbers hold clues to what lies ahead for the stock?
Investing.com -- Accenture on Thursday reported fiscal third-quarter earnings and issued full-year guidance that topped Wall Street estimates, but shares fell more than 10% in premarket trading after the company also announced a roughly $4.175 billion acquisition spree in the cybersecurity space.
Victoria's Secret & Co. (NYSE:VSCO) could continue delivering strong earnings growth as sustained sales momentum supports margin expansion, according to Bank of America, which maintained its ‘Buy’ rating on the retailer. Bank of America analysts wrote that recent sales trends have eased...
Jabil Inc (NYSE:JBL) shares moved higher after the electronics manufacturing services company reported fiscal third quarter financial results that exceeded Wall Street estimates and raised its full-year guidance. For the quarter, the electronics and manufacturing services company posted net...
Jabil offered a better-than-expected outlook with its Q3 beat amid surging demand for AI infrastructure. JBL stock bolted to a record high.
Jabil remains one of the better-positioned names in the picks-and-shovels layer of the AI trade.
Jabil Inc. (NYSE:JBL) delivered third-quarter fiscal 2026 results ahead of Wall Street expectations, driven by continued strength in artificial intelligence infrastructure and improving performance across several end markets.
Ollie's continues to post earnings beats and sales growth, but the stock has lagged other discount retailers despite a bullish analyst outlook.
Investing.com -- Jabil Inc. (NYSE: JBL) reported third-quarter fiscal 2026 results that exceeded analyst expectations, though shares fell 2.5% following the announcement.
Procter & Gamble (NYSE:PG) is the household name every retirement portfolio reaches for when markets get choppy, and its $350.4 billion market cap makes it the default consumer defensive trade on every desk. The internals tell a different story. The Crowded Trade Is Quietly Cracking P&G beat its most recent quarter, but the internals are ... Forget P&G: This Defensive Cash-Flow Powerhouse Just Beat Earnings and Is a Best Buy Today
Dave & Buster’s CEO pointed to weak consumer spending, while retail traders criticized leadership following results.
Analyst sees AI-driven memory demand supporting pricing strength through 2027.
Adobe (NASDAQ:ADBE) just delivered a record quarter, raised its full-year outlook, and watched its stock fall anyway. That gap between fundamentals and price action frames our thesis. The stock trades at $218.80 after a 15.33% one-week drop and a 37.48% year-to-date decline. Our 24/7 Wall St. price target for Adobe is $320.46, implying 46.46% upside ... Adobe Stock Set for 46% Gain After Earnings Beat
With the massive SpaceX debut hogging the headlines, some retail investors may have allowed more prosaic names to slip from their minds. Pharma stock Eli Lilly is trading in a buy zone as institutional investors load up. Eli Lilly is committed to innovation and reinvests 20%-25% of its sales back into developing new treatments.
Adobe (NASDAQ:ADBE) delivered stronger-than-expected second-quarter results on Thursday, surpassing Wall Street forecasts for both revenue and earnings while increasing its full-year guidance. However, the stock moved lower in premarket trading after investors focused on unchanged annual recurring revenue projections and another senior leadership transition.
The company's sales and earnings improved, but its guidance is a concern.
Energy Fuels expects to produce 1.6 million pounds of finished uranium from January through June 2026 at its 100%-owned White Mesa Mill in Utah.
Oracle beat Wall Street expectations on revenue and profit, but investors balked at a new $40 billion financing plan for its AI buildout
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