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.
Category: Business
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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.
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Report: White House AI oversight executive order DOA
After weeks of uncertainty, the White House’s plan to review frontier models before release appears dead.
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Quantum computing CEOs hope “validating” government backing proves their technology is no longer speculative
The government funding is a push to boost the foundational elements of quantum computing to get the industry ready for prime time. The CEOs of Infleqtion and D-Wave give us their thoughts.
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Meta released a Reddit dupe. Reddit investors don’t like it.
The Facebook app is a “dedicated space built for deeper discussions, real answers and the communities you care about.”
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Ross Stores surges as Q1 results beat expectations, full-year guidance raised
Ross Stores raised its annual profit forecast after crushing Q1 earnings estimates on the back of record same-store sales growth.
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Imax surges on report it’s approached entertainment companies for a sale
Imax shares climbed more than 15% in premarket trading on Friday.
