Donna Feledichuk/iStock via Getty Images Last week, Micron Technology, Inc. ( MU ) reported its second quarter 2026 earnings , which turned out to be one of the largest blowouts I've seen in recent memory. The firm has done well as limited supply in key data center memory chips has driven unusually high gross margins and strong bottom-line profitability. All told, it's a similar story to what we s...
Donna Feledichuk/iStock via Getty Images Last week, Micron Technology, Inc. ( MU ) reported its second quarter 2026 earnings , which turned out to be one of the largest blowouts I've seen in recent memory. The firm has done well as limited supply in key data center memory chips has driven unusually high gross margins and strong bottom-line profitability. All told, it's a similar story to what we saw with Nvidia ( NVDA ) throughout 2023 and 2024, as price insensitivity on the part of hyperscalers has led to outsized earnings potential in the short and medium term. At the same time, the market's response to the earnings was muted, and shares actually traded down the next day by roughly 3%. Shares have continued to trade flat/down in the ensuing days. I wanted to take some time before writing this article because I wanted to make up my mind about Micron and whether or not I believe shares are fairly valued at this price. Of course - the market seems to think so. What goes up must eventually come down, and valuing what could be a cyclical earnings boom is a tall order for even the most skilled analyst. That said, after going over the numbers again and again, I believe that shares of Micron remain structurally underpriced, positioned to deliver 25%+ annualized returns through the end of the decade. As a result, I view shares of Micron as a Strong Buy. Today, I'll break down recent updates with the company, dive deep on the valuation, and explain why I believe there is still a significant opportunity with the stock. Sound good? Let's dive in. Financials Before we dive into the recent numbers, if you haven't heard of Micron Technology before, the firm is one of only three companies in the world - alongside Samsung ( SSNLF ) and SK hynix - that manufactures DRAM memory chips at scale. DRAM chips function as short-term working memory for computers, servers, and smartphones across the world, making it a key component within the broader technology landscape. Micron also makes ...
Donna Feledichuk/iStock via Getty Images Last week, Micron Technology, Inc. ( MU ) reported its second quarter 2026 earnings , which turned out to be one of the largest blowouts I've seen in recent memory. The firm has done well as limited supply in key data center memory chips has driven unusually high gross margins and strong bottom-line profitability. All told, it's a similar story to what we s...
Donna Feledichuk/iStock via Getty Images Last week, Micron Technology, Inc. ( MU ) reported its second quarter 2026 earnings , which turned out to be one of the largest blowouts I've seen in recent memory. The firm has done well as limited supply in key data center memory chips has driven unusually high gross margins and strong bottom-line profitability. All told, it's a similar story to what we saw with Nvidia ( NVDA ) throughout 2023 and 2024, as price insensitivity on the part of hyperscalers has led to outsized earnings potential in the short and medium term. At the same time, the market's response to the earnings was muted, and shares actually traded down the next day by roughly 3%. Shares have continued to trade flat/down in the ensuing days. I wanted to take some time before writing this article because I wanted to make up my mind about Micron and whether or not I believe shares are fairly valued at this price. Of course - the market seems to think so. What goes up must eventually come down, and valuing what could be a cyclical earnings boom is a tall order for even the most skilled analyst. That said, after going over the numbers again and again, I believe that shares of Micron remain structurally underpriced, positioned to deliver 25%+ annualized returns through the end of the decade. As a result, I view shares of Micron as a Strong Buy. Today, I'll break down recent updates with the company, dive deep on the valuation, and explain why I believe there is still a significant opportunity with the stock. Sound good? Let's dive in. Financials Before we dive into the recent numbers, if you haven't heard of Micron Technology before, the firm is one of only three companies in the world - alongside Samsung ( SSNLF ) and SK hynix - that manufactures DRAM memory chips at scale. DRAM chips function as short-term working memory for computers, servers, and smartphones across the world, making it a key component within the broader technology landscape. Micron also makes ...
DoubleLine Capital CEO Jeffrey Gundlach said markets are stuck in a holding pattern with few assets delivering meaningful returns, as he warned that stresses emerging in private credit could deepen if investors rush for liquidity. "It's kind of a going nowhere market right now, sort of trendless. Almost nothing is up. Nothing is really down dramatically. Nothing has really made much money over the...
DoubleLine Capital CEO Jeffrey Gundlach said markets are stuck in a holding pattern with few assets delivering meaningful returns, as he warned that stresses emerging in private credit could deepen if investors rush for liquidity. "It's kind of a going nowhere market right now, sort of trendless. Almost nothing is up. Nothing is really down dramatically. Nothing has really made much money over the past nine months," Gundlach said on CNBC's " Closing Bell ." Gundlach believes the environment bears some resemblance to the period leading up to the 2008 financial crisis, when asset prices appeared elevated and early signs of strain were dismissed as isolated. "A little bit like 2006, where everything is overvalued, cracks are starting to form. But everyone's like, it's all contained, it's no problem, it's just software. But it's not just software ," he said. "We all know that the private credit industry was deluged with redemption requests ; it far exceeded the 5%." His comments come as investors increasingly scrutinize pockets of the private credit market , particularly funds exposed to riskier borrowers such as software companies. Redemption pressures have already surfaced in some vehicles, raising questions about liquidity management in an asset class that grew rapidly during years of low interest rates. "Anybody that has been around the block, at least as many times as I have, or even half as many times as I have, should know that the next window of liquidity from these investors, particularly the retail investors, they're gonna ask for a lot more than they did in March," he said.
Crusoe CEO Chase Lochmiller discusses the company’s data center project in Abilene and the growing energy demands of AI infrastructure with Bloomberg’s Julie Fine at CERAWeek in Houston. (Source: Bloomberg)
Crusoe CEO Chase Lochmiller discusses the company’s data center project in Abilene and the growing energy demands of AI infrastructure with Bloomberg’s Julie Fine at CERAWeek in Houston. (Source: Bloomberg)
Earlier in March, IREN Limited participated in the 38th Annual Roth Conference in Dana Point, California, with Vice President of Investor Relations Mike Power presenting to investors and analysts. At the same time, improving sentiment toward Bitcoin and accelerating AI infrastructure investment, highlighted by Nebius’s multi-billion-dollar GPU expansion with Meta, has sharpened focus on IREN’s exp...
Earlier in March, IREN Limited participated in the 38th Annual Roth Conference in Dana Point, California, with Vice President of Investor Relations Mike Power presenting to investors and analysts. At the same time, improving sentiment toward Bitcoin and accelerating AI infrastructure investment, highlighted by Nebius’s multi-billion-dollar GPU expansion with Meta, has sharpened focus on IREN’s exposure to both crypto mining and AI data center demand. With crypto sentiment improving and AI infrastructure spending in focus, we’ll now examine how this backdrop may influence IREN’s investment narrative. AI is about to change healthcare. These 36 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10b in market cap - there's still time to get in early. IREN Investment Narrative Recap To own IREN, you have to believe that its dual exposure to Bitcoin mining and AI data centers will justify heavy capital spending and volatile earnings. The recent Roth Conference appearance and short term Bitcoin rebound help sentiment but do not materially change the near term picture, where the key catalyst is ramping AI GPU capacity and the biggest risk remains funding and executing very large capex without stretching the balance sheet. The clearest tie to this backdrop is IREN’s March 4 announcement of purchase agreements for over 50,000 additional NVIDIA B300 GPUs, taking its fleet to 150,000. This directly connects to the market’s renewed focus on AI infrastructure following Nebius’s Meta deal and highlights the near term catalyst of scaling AI cloud ARR, while also underlining the funding and execution risks around the planned US$3,500 million capex in H2 2026. Yet behind the AI growth story, investors should be aware of how rising leverage and heavy GPU spend could collide with... Read the full narrative on IREN (it's free!) IREN's narrative projects $1.5 billion revenue and $1.0 billion earnings by 2028. This requires 45.6%...
Image source: The Motley Fool. Monday, March 23, 2026 at 4:30 p.m. ET CALL PARTICIPANTS Chief Executive Officer — Erik Holmlin Principal Accounting Officer — Mark Adamczak Need a quote from a Motley Fool analyst? Email [email protected] TAKEAWAYS Revenue -- $8.0 million for the quarter, reflecting a 3% decline; annual revenue was $28.5 million, down 7%, with core revenue down 2% after adjusting fo...
Image source: The Motley Fool. Monday, March 23, 2026 at 4:30 p.m. ET CALL PARTICIPANTS Chief Executive Officer — Erik Holmlin Principal Accounting Officer — Mark Adamczak Need a quote from a Motley Fool analyst? Email [email protected] TAKEAWAYS Revenue -- $8.0 million for the quarter, reflecting a 3% decline; annual revenue was $28.5 million, down 7%, with core revenue down 2% after adjusting for clinical services in 2024. -- $8.0 million for the quarter, reflecting a 3% decline; annual revenue was $28.5 million, down 7%, with core revenue down 2% after adjusting for clinical services in 2024. Consumables Volume -- 7,554 nanochannel array flow cells sold in the quarter, down 6%, and 30,171 flow cells for the year, virtually flat year over year; fourth-quarter supply was constrained by manufacturing partner delays. -- 7,554 nanochannel array flow cells sold in the quarter, down 6%, and 30,171 flow cells for the year, virtually flat year over year; fourth-quarter supply was constrained by manufacturing partner delays. OGM System Installations -- Nine systems installed in the quarter and 32 for the year, surpassing original annual guidance of 15 to 20 installations. -- Nine systems installed in the quarter and 32 for the year, surpassing original annual guidance of 15 to 20 installations. Non-GAAP Gross Margin -- 43% for the quarter and 47% for the year, representing an improvement of 1,200 basis points annually despite lower revenue. -- 43% for the quarter and 47% for the year, representing an improvement of 1,200 basis points annually despite lower revenue. Non-GAAP Operating Expense -- $9.7 million for the quarter, down 9%; $36.6 million for the year, down 47%, with $100 million in annualized expense reductions and over 300 fewer employees since Q2 2023. -- $9.7 million for the quarter, down 9%; $36.6 million for the year, down 47%, with $100 million in annualized expense reductions and over 300 fewer employees since Q2 2023. Cash Position -- $29.6 million in cash...
California Grapples With Staffing Agency Fraud Amid Oversight Gaps Authored by Mary Prenon via The Epoch Times (emphasis ours), Staffing agencies provide job and career opportunities to more than 10 million Americans, including more than 1.7 million in California. While the state has the nation’s largest temporary employment market, experts said staffing agency fraud is rampant due to a lack of ov...
California Grapples With Staffing Agency Fraud Amid Oversight Gaps Authored by Mary Prenon via The Epoch Times (emphasis ours), Staffing agencies provide job and career opportunities to more than 10 million Americans, including more than 1.7 million in California. While the state has the nation’s largest temporary employment market, experts said staffing agency fraud is rampant due to a lack of oversight. Many employees are unable to access workers’ compensation due to these fraudulent practices, and taxpayers ultimately bear these medical costs , the experts noted. According to the California Department of Insurance, authorities identified 2,932 suspected workers’ compensation fraud cases in the 2023–24 fiscal year in the state, resulting in 128 arrests and potential fraud losses of about $157 million. Legitimate Firms Undercut Siyamak Khorrami, host of The Epoch Times’ “California Insider,” recently spoke with employment and legal experts in the state to explore the issue. “ The staffing companies have the employees, and they assign those employees to their client employers ,” said Jennifer Lentz Snyder, a former Los Angeles County district attorney. “They are the employer, so they’re responsible for things like workers’ compensation insurance and payroll taxes and all of that.” Snyder noted that when these staffing firms offer their client companies deals that are “too good to be true,” they often quote a rate that would not permit them to pay into the payroll tax funds that legitimate businesses pay into for workers’ comp premiums. In the end, she said, these illegitimate staffing agencies are competing unfairly with legitimate staffing firms. “ They’re absolutely taking advantage of the workers, and they’re lining their pockets at the expense of the legitimate businesses, ” Snyder added. “In an environment where we want to create a robust and maintain a robust economy in California, the last thing you need to do is to permit this cheating to continue.” As a res...
Global oil prices edged higher in after-hours trading Monday to recoup portion of the nearly 11% lost during the regular session, as traders geared up for what’s likely to be another day driven by developments in the Iran conflict.
Global oil prices edged higher in after-hours trading Monday to recoup portion of the nearly 11% lost during the regular session, as traders geared up for what’s likely to be another day driven by developments in the Iran conflict.