Dow pops 150 points, led by tech stocks after US eases Huawei restrictions [MSN Money]
Micron Technology, Inc. (MU)
Last micron technology, inc. earnings: 3/25 04:01 pm
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Source: MSN Money
Dow pops 150 points, led by tech stocks after US eases Huawei restrictions Stocks oped higher on Tuday on news that the U.S. temporarily eased rtrictions on Chine telecom giant Huawei. Load Error The Dow Jon Industrial Average rose 9 points as Intel outperformed. The S&P 00 gained 0.7%, with the tech sector jumping more than %. The Nasdaq Composite advanced 0.9%. The Commerce Departmt said Monday night it would allow Huawei to purchase American-made goods in order to maintain existing networks and provide software updat to existing Huawei handsets until Aug. 9. The move sought to minimize disruption for the telecom company’s customers around the world. “That’s another ray of hope that we can avoid the worst-case scario,” said Art Hogan, chief market strategist at National Securiti. “The market tds to be seizing on the positive underton in trade.” “It felt like they needed to show some flexibility in the administration,” Hogan said. “A week ago Sunday, it seemed like we were heading in
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News
- Biden, Seeking to Build on Fruitful Week, Will Announce Billions in Chip Grants [The New York Times]The New York Times
- Biden to announce preliminary deal with Micron for up to $6.14 bln in chip grants [Reuters]Reuters
- Micron, Biden-Harris Administration, U.S. Senate Majority Leader Schumer Announce $6.1B in CHIPS and Science Act Funding for Historic Planned Investment in Domestic Leading-Edge Memory Manufacturing in Idaho and New YorkGlobeNewswire
- Biden to announce preliminary deal with Micron for up to $6.14 billion in chip grants [Yahoo! Finance]Yahoo! Finance
- As Biden celebrates computer chip factories, voters wait for the promised production to start [Yahoo! Finance]Yahoo! Finance
MU
Earnings
- 3/20/24 - Beat
MU
Sec Filings
- 4/23/24 - Form 4
- 4/22/24 - Form 4
- 4/19/24 - Form 8-K
- MU's page on the SEC website