Direxion Daily MU Bull 2X ETF (MUU) aims to deliver twice the daily returns of Micron Technology but carries risks from leverage, volatility, and daily resetting. Micron is set to report earnings on September 30, having previously guided to $50 billion revenue, an 86% gross margin, and $31 quarterly EPS. While new agreements provide price floors, existing product price ceilings may limit upside from shortages. The analyst values Micron at $1,080 per share, implying about 8% upside, which does not justify MUU's added leverage risk before earnings, leading to a Hold rating for the ETF.
Six AI-related stocks in cloud infrastructure, memory, connectivity, and quantum sectors are poised for significant gains beyond Wall Street expectations in 2027. Companies like CoreWeave, Nebius Group, Micron, IonQ, Rigetti Computing, and Astera Lab...
As Apple prepares to launch its most ambitious iPhone, analyst Paul Meeks warns that a supplier oligopoly in memory chips—dominated by Micron, SK Hynix, and Samsung—is driving up costs and squeezing Apple's profit margins. Despite strong recent finan...
July data from semiconductor industry groups show a 9.8% month-over-month decline in global semiconductor sales, driven mainly by a 16.3% drop in memory revenue. However, rising prices for DRAM and NAND memory alongside lower shipments suggest supply...
Micron Technology posted a record-breaking fiscal Q3 2026 with revenue soaring 345.72% year-over-year to $41.46 billion and shares rising over 257% this year to $1,020.48. The company's growth is driven by AI demand transforming the memory industry, ...
Michael Burry, famed for predicting the 2008 crash, has updated his portfolio with Lululemon Athletica as his largest holding, making up about 17% of his investments. Despite this confidence, Lululemon's stock dropped 12% after disappointing quarterl...
