Micron Technology reported a strong fiscal Q4 with an 11-fold increase in data center revenue, beating Wall Street expectations and offering positive guidance despite a slight premarket dip. This performance is driven by the AI boom's demand for memory chips, contributing to Micron's 500% rally over the past year. Meanwhile, Federal Reserve officials, including Minneapolis Fed President Neel Kashkari, indicated inflation remains elevated around 3%, suggesting cautious monetary policy ahead. Additionally, Alphabet launched its advanced AI model Gemini 4 Argon, and Eli Lilly announced promising obesity drug trial results, highlighting ongoing innovation in tech and healthcare sectors.
Micron Technology's stock price at USD 1,055.11 is nearing its 52-week high of $1.21K, despite a slight 0.94% dip on Pluang as of Oct 01, 2026 19:51 WIB. In contrast, Alphabet's shares trade at USD 349.40, well below its 52-week high of $402.62, but showing a positive 1.55% gain on the same day. This difference highlights Micron's strong rally over the past year compared to Alphabet's more moderate recent gains, with Pluang users holding Micron for an average of 47 days versus 84 days for Alphabet.
In September 2026, ten of the eleven S&P sectors fell due to rising oil prices and Treasury yields, which pressured most parts of the market. The Technology sector was the sole gainer, rising 5.08%, driven by strong demand for AI and semiconductor st...
Micron Technology reported a strong fiscal Q4 with $54.23 billion revenue, beating estimates for the eighth consecutive quarter, and shares have surged over 270% this year. Despite record results and high gross margins of 87%, CEO Sanjay Mehrotra sai...
Micron's stock is widely favored by Wall Street analysts, with a consensus price target of $1,520.76, reflecting strong optimism due to multi-year contracts and record revenue guidance. However, a financial model suggests a more cautious stance, sett...
Constellation Energy secured a 20-year power agreement with Amazon to support over $3 billion investment in expanding its Calvert Cliffs nuclear plant, ensuring long-term electricity supply for Amazon's regional operations. Tencent signed a $7 billio...
Micron reported strong Q4 FY2026 earnings with revenue and EPS beating estimates, and a 256% revenue surge for the full year. Several analysts updated their 12-month price targets, ranging from $1,100 to a new high of $2,100, reflecting optimism abou...
