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Micron (MU) Stock Trades Up, Here Is Why [Yahoo! Finance]
Last nvidia corporation earnings: 2/13 04:20 pm
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US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
The company's revenue of $13.64 billion and adjusted earnings per share of $4.78 both surpassed Wall Street's expectations. The strong results were accompanied by a significant expansion in profitability, with its operating margin increasing to 45%, up from 25% in the same quarter last year, suggesting strong pricing power. Looking ahead, Micron's guidance was particularly impressive, with its first-quarter revenue forecast of $18.7 billion coming in 29.3% above analysts' estimates. This upbeat outlook reinforced investor optimism about continued strong demand for its memory chips. Is now the time to buy Micron? Access our full analysis report here Micron's shares are extremely volatile and have had 37 moves greater than 5% over the last year. But moves this big are rare even for Micron and indicate this news significantly impacted the market's perception of the business. The previous big move we wrote about was 8 days ago when the stock gained 4.1% on the news that the Federal
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- NVIDIA (NASDAQ:NVDA) had its "strong-buy" rating reaffirmed by analysts at Tigress Financial.[MarketBeat]
- Nvidia: The Only Threat Is Alphabet [Seeking Alpha][Seeking Alpha]
- Micron stock soars on earnings beat amid 'unprecedented' AI-fueled demand for memory chips [Yahoo! Finance][Yahoo! Finance]
- China Prepares to Wreck US AI Industry [Yahoo! Finance][Yahoo! Finance]
- The Anti-Nvidia Trade Has 3 Irrational Flaws [Seeking Alpha][Seeking Alpha]
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