Micron, outperforming semiconductor peers by 3.5 times this year, will release its Q3 results on June 24. The company expects gross margins to exceed 80%, supported by strong demand for DRAM and HBM products and multi-year strategic customer agreements that provide revenue visibility. Despite higher capital intensity due to increased HBM investments, Micron's valuation remains attractive at 16 times forward earnings with a PEG ratio below 0.2, alongside renewed dividend growth. Technical analysis suggests some short-term volatility, but the long-term outlook for investment remains strong.
The technology sector has moved from a pullback to an official correction, as the SPDR tech-sector ETF dropped significantly. This shift indicates a more sustained downturn than the previous five-month correction that ended less than two months ago. ...
Gold and silver prices fell significantly following the May inflation report and escalating US-Iran tensions. Spot gold dropped 4.26% to around $4,078 an ounce, and silver fell 2.66% to about $63.60. Inflation data showed a 0.5% rise in consumer pric...
In 2026, the iShares Semiconductor ETF (SOXX) has outperformed the VanEck Semiconductor ETF (SMH) by capturing a broader range of semiconductor stocks, especially equipment makers, resulting in an 86.78% gain versus SMH's 64.11%. SOXX's index favors ...
Last week, the Utilities Select Sector SPDR ETF (XLU), Consumer Staples Select Sector SPDR ETF (XLP), and Real Estate Select Sector SPDR ETF (XLRE) all recorded gains while the tech sector and Nasdaq-100 declined sharply. XLRE led with a 3.4% gain, d...
The S&P 500 index has increased by nearly 7% so far this year, with chip stocks like Micron, Intel, AMD, and SK Hynix more than doubling since January. This rapid rise in tech stocks highlights strong market enthusiasm but also raises concerns about ...
