Traders are happy about potential peace. But they’re even more happy that Micron exists.
Category: Business
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TeraWulf jumps on 1-gigawatt Kentucky data center site acquisition
The deal enhances its transitioning into an HPC and AI data center infrastructure provider.
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Bitcoin stuck in the $70,000 range after $1.26 billion left bitcoin ETFs last week
Several analysts warn that bitcoin ETF outflows are a key driver to monitor.
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Wolfspeed and Navitas soar on positive spillovers from Huawei tech breakthrough, guidance boost from peer
Huawei, one of China’s national tech champions, said it’s developed a “LogicFolding” technology that will allow it to start producing 1.4-nanometer chips by 2031.
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Enhanced Games producer plunges after merely one “record-breaking” performance, with several clean athletes winning
The stock is down nearly 40% in early trading.
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Micron soars as UBS more than triples price target to $1,625, predicting a near $2 trillion memory juggernaut
UBS argues that a) Micron’s future profitability is still underappreciated, and b) investors should be willing to pay more for these earnings, because a large chunk of demand is already locked down.
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S&P 500 posts weekly gain for its 8th consecutive week
The benchmark index is on its longest weekly winning streak since 2023.
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Hardware stocks jump thanks to server demand and record Lenovo revenue
Server stocks are rallying as Dell (DELL), Super Micro Computer (SMCI), and Hewlett Packard Enterprise (HPQ) ride the momentum of Hong Kong-based Lenovo. The PC-maker’s stock rose 19% on Friday, hitting…
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Figure’s robots just sorted packages for 200 hours straight
What started as a 10-hour human-vs-robot challenge turned into a continuous marathon shift spanning nine days of continuous work.
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Figure’s robots just sorted packages for 200 hours straight
What started as a 10-hour human-vs-robot challenge turned into a continuous marathon shift spanning nine days of continuous work.
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Report: Uber considers full Delivery Hero takeover to take on DoorDash outside the US
Earlier this week, Uber disclosed a 19.5% stake in Frankfurt-listed Delivery Hero.
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Take-Two’s “GTA 6” forecast feels absurdly conservative
Take-Two issued a 2027 net bookings forecast about $1 billion below Wall Street’s estimates. The stock is falling on Friday.
