Nike cheers, Zelenskyy visits U.S., Tesla layoffs - what's moving markets
- Wall Street closes higher as investors digest earnings, megacap outlook
- Tesla touts acceleration of new models, but Q1 results fall short of estimates
- JPMorgan is worried about further S&P 500 sell-off potential
- Oil rises as dollar slips, focus shifts to economic data
- China acquired top-end Nvidia AI chips despite recent US ban- Reuters
- Fisker (FSR) Appoints Michael Healy as Chief Restructuring Officer
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- China acquired top-end Nvidia AI chips despite recent US ban- Reuters
- Wolfe Research Downgrades Warner Brothers Discovery (WBD) to Underperform, 'out of concern that an incipient advertising downturn put guidance at risk'
- Wall Street closes higher as investors digest earnings, megacap outlook
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
- Midday movers: Tesla, Li Auto and CNH Industrial fall; Salesforce rises
- Midday movers: Netflix, Super Micro fall; Paramount Global gains
Micron Technology misses expectations, reducing headcount by 10% through 2023
December 21, 2022 4:18 PM EST(Updated - December 21, 2022 4:25 PM EST)
Micron Technology (NASDAQ: MU) shares edged lower after-hours Wednesday after the company posted its fiscal first-quarter earnings, which missed analyst consensus expectations.
The semiconductor manufacturing firm posted an adjusted loss per share of $0.04, wider than expectations of a $0.01 loss per share, while revenue came in at $4.09 billion, missing the consensus estimate of $4.15... More