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Stock impact report

Stock Market Today, Dec. 18: Micron Technology Surges on Record Results and News It Is 'Sold Out' [Yahoo! Finance]

Morgan Stanley (MS) 
Last morgan stanley earnings: 4/16 07:15 am Check Earnings Report
US:NYSE Investor Relations: morganstanley.com/about-us-ir
Company Research Source: Yahoo! Finance
shares, about 139% above its three-month average of 26.7 million shares. Micron Technology IPO'd in 1984 and has grown 17,528% since its initial public offering. Today's move followed record fiscal Q1 2026 results and a blowout revenue outlook. Micron beat estimates on both earnings per share and revenue. Investors will be watching how high-bandwidth memory growth might shape Micron's margins and future cash generation. The S&P 500 (SNPINDEX:^GSPC) rose 0.79% to 6,774, while the Nasdaq Composite (NASDAQINDEX:^IXIC) gained 1.38% to finish at 23,006. Within semiconductor memory manufacturing, major chipmakers rallied alongside Micron as investors reassessed the sector's earnings power in an AI-driven cycle. Micron's earnings surprised markets today, prompting a double-digit price surge and boosting other AI stocks. It reported quarterly revenue of $13.64 billion, up from $8.71 billion for the same period last year. Business chief Sumit Sadana told investors the company is "sold Show less Read more
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