asbe Seeking Alpha analysts issued a range of views on Micron Technology ( MU ) this week as the semiconductor maker extended its recent gains, adding ~38% for the week on Friday, its best weekly rally since 2008. In a recent podcast interview, Seeking Alpha’s head of Quant, Steve Cress, said that Micron ( MU ) shares have further room to run. While his remarks resonated with many SA analysts, sev...
asbe Seeking Alpha analysts issued a range of views on Micron Technology ( MU ) this week as the semiconductor maker extended its recent gains, adding ~38% for the week on Friday, its best weekly rally since 2008. In a recent podcast interview, Seeking Alpha’s head of Quant, Steve Cress, said that Micron ( MU ) shares have further room to run. While his remarks resonated with many SA analysts, several others chose to disagree. The Bulls “I believe that MU is the most undervalued opportunity in AI today,” wrote SA analyst Sarfatti Investment Research in “Micron Technology: I Think There Is A Clear Path To Over $1,500.” “MU is currently priced as though demand dynamics are still cyclical, even as it is now clearly evident that demand from AI is more structural.” “Micron ( MU ) stock is still showing explosive growth in market value, proving my point that the memory market isn’t oversaturated,” noted Dmytro Lebid in “Micron's 50% Rally: Just A Prelude To The Structural Deficit.” “The Micron stock continues to trade at a massive 62% discount, so I'm sticking with my "Strong Buy" rating.” “MU stock’s rally is driven mainly by surging EBITDA expectations rather than multiple expansion, suggesting a fundamentally driven, earnings-led upcycle rather than a hype-driven move,” argued Hunting Alphas in “Micron: I Finally Get It - The Market Still Underestimates The AI Memory Supercycle.” “The technical setup on the MU chart is very clearly bullish. The stock has recently broken out of a nice, re-accumulating base as well.” “Micron Technology, Inc. ( MU ) shares have gone absolutely vertical over the last month as AI stocks have rebounded sharply on optimism that data center build-outs are chugging along as planned,” observed Kumquat Research in “Micron Stock: I Called The Supercycle - Here's What Comes Next.” “Demand remains strong, and I expect MU stock's upward momentum to continue.” The Bears “Micron Technology, Inc. remains a key AI beneficiary, but upside is now more limi...
The Braves announced Cox's death on Saturday. He managed the team to prominence during the 1990s and the team's only championship in 1995, before retiring after the 2010 season. (Image credit: John Bazemore)
The Braves announced Cox's death on Saturday. He managed the team to prominence during the 1990s and the team's only championship in 1995, before retiring after the 2010 season. (Image credit: John Bazemore)
After a biblical downpour, the skies cleared, and Manchester City executed the gameplan: secure a win and three points to keep their breath on Arsenal’s neck. The clincher arrived via Erling Haaland’s 26th Premier League goal – as with his side’s performance this was hardly pretty but no one in blue cared. Antoine Semenyo marauded down the right, his cross hit at least one Brentford body, the ball...
After a biblical downpour, the skies cleared, and Manchester City executed the gameplan: secure a win and three points to keep their breath on Arsenal’s neck. The clincher arrived via Erling Haaland’s 26th Premier League goal – as with his side’s performance this was hardly pretty but no one in blue cared. Antoine Semenyo marauded down the right, his cross hit at least one Brentford body, the ball came to Haaland who, with a second stab at it, bundled home from close-range, the No 9 facing away from goal. Continue reading...
Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is one of the stocks Jim Cramer shared his thoughts on as he discussed Big Tech’s AI spending. When a caller mentioned that they wished to add to their position, Cramer commented: They have more business than they can handle. What can I say? Even tonight, Arm Holdings said […]
Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is one of the stocks Jim Cramer shared his thoughts on as he discussed Big Tech’s AI spending. When a caller mentioned that they wished to add to their position, Cramer commented: They have more business than they can handle. What can I say? Even tonight, Arm Holdings said […]
Salesforce, Inc. (NYSE:CRM) is one of the stocks Jim Cramer shared his thoughts on as he discussed Big Tech’s AI spending. When a caller asked about the stock during the episode, Cramer said: Okay, CRM’s very tough. It’s one of my smallest positions. It’s tough because the market hates software, whether it be Palantir, whether […]
Salesforce, Inc. (NYSE:CRM) is one of the stocks Jim Cramer shared his thoughts on as he discussed Big Tech’s AI spending. When a caller asked about the stock during the episode, Cramer said: Okay, CRM’s very tough. It’s one of my smallest positions. It’s tough because the market hates software, whether it be Palantir, whether […]
Advanced Micro Devices, Inc. (NASDAQ:AMD) is one of the stocks Jim Cramer shared his thoughts on as he discussed Big Tech’s AI spending. Cramer noted how the analyst downgrade of the stock was wrong, as he stated: In November, she (CEO, Lisa Su) thought that her CPU market would grow at about an 18% clip. […]
Advanced Micro Devices, Inc. (NASDAQ:AMD) is one of the stocks Jim Cramer shared his thoughts on as he discussed Big Tech’s AI spending. Cramer noted how the analyst downgrade of the stock was wrong, as he stated: In November, she (CEO, Lisa Su) thought that her CPU market would grow at about an 18% clip. […]
Amazon.com, Inc. (NASDAQ:AMZN) is one of the stocks Jim Cramer shared his thoughts on as he discussed Big Tech’s AI spending. Cramer maintained a positive view of the company, as he commented: Go back to what we learned from Amazon on Monday on the show. The age of compute domination based on AI is already […]
Amazon.com, Inc. (NASDAQ:AMZN) is one of the stocks Jim Cramer shared his thoughts on as he discussed Big Tech’s AI spending. Cramer maintained a positive view of the company, as he commented: Go back to what we learned from Amazon on Monday on the show. The age of compute domination based on AI is already […]
Palantir Technologies Inc. (NASDAQ:PLTR) was one of the stocks featured in Jim Cramer’s Mad Money recap, as he discussed how the AI build-out could power the economy. Cramer highlighted the market’s reaction following the company’s earnings, as he commented: Palantir gives you one of the best quarters I’ve ever seen. Great margins, terrific revenue growth, […]
Palantir Technologies Inc. (NASDAQ:PLTR) was one of the stocks featured in Jim Cramer’s Mad Money recap, as he discussed how the AI build-out could power the economy. Cramer highlighted the market’s reaction following the company’s earnings, as he commented: Palantir gives you one of the best quarters I’ve ever seen. Great margins, terrific revenue growth, […]
Corning Incorporated (NYSE:GLW) was one of the stocks featured in Jim Cramer’s Mad Money recap, as he discussed how the AI build-out could power the economy. Cramer highlighted the company’s latest partnership with NVIDIA, as he commented: Oh boy, this is a big week for Corning, the iconic American glass maker, ringing the closing bell […]
Corning Incorporated (NYSE:GLW) was one of the stocks featured in Jim Cramer’s Mad Money recap, as he discussed how the AI build-out could power the economy. Cramer highlighted the company’s latest partnership with NVIDIA, as he commented: Oh boy, this is a big week for Corning, the iconic American glass maker, ringing the closing bell […]
Sandisk Corporation (NASDAQ:SNDK) is one of the stocks Jim Cramer shared his thoughts on as he discussed Big Tech’s AI spending. Cramer mentioned the stock during the episode and said: Right now, I think some people are getting the message at last that the computing AI revolution represents perhaps the greatest single trend of our […]
Sandisk Corporation (NASDAQ:SNDK) is one of the stocks Jim Cramer shared his thoughts on as he discussed Big Tech’s AI spending. Cramer mentioned the stock during the episode and said: Right now, I think some people are getting the message at last that the computing AI revolution represents perhaps the greatest single trend of our […]
Legendary Candy Company Killed After 141 Years By Soaring Costs Soaring expenses for raw materials and labor have delivered a blow to yet another longtime business, claiming Lammes Candies, a family-owned confectioner that has operated in the South for more than a century , FOX 7 Austin reports. The Austin, Texas,-based company recently announced that it will begin an "orderly wind-down of operati...
Legendary Candy Company Killed After 141 Years By Soaring Costs Soaring expenses for raw materials and labor have delivered a blow to yet another longtime business, claiming Lammes Candies, a family-owned confectioner that has operated in the South for more than a century , FOX 7 Austin reports. The Austin, Texas,-based company recently announced that it will begin an "orderly wind-down of operations" after 141 years of family ownership , according to a statement posted to its Facebook page. "This was not an easy decision," the candy company wrote. "Lammes Candies has been more than a business – it has been a family legacy spanning generations." " We’ve been so honored to be part of your celebrations and your sweetest moments ," the company wrote in a separate post. "Now we’re asking one last thing: savor every bite." Lana Schmidt, the company’s vice president, cited intensifying economic pressures for the closure in an interview with FOX 7 Austin . " The economy, you know, with the raw materials going up, labor is going – it’s just everything is escalating ," a disheartened Schmidt said. "There’s not a huge margin in confections." Founded in 1885 after the Lamme family reacquired the business, the company built its reputation on pecan pralines and other handcrafted sweets. "Throughout the years, my father bought it in its entirety, I think, in 1972. And so, he was in the fourth generation," Schmidt said . "My brother and sister and I are the fifth generation. And back in that time, we had just like one, two retail stores. And then they grew it throughout Austin." " I think we've built a legacy for the community. I mean we had the first neon sign. I mean there are a lot of firsts with lamps in Austin. I know people are gonna miss this sweet treat, this tradition of theirs. And so we will miss the community ," she added. Speaking to FOX 7 Austin, some longtime customers are heartbroken by the news. "I first came here when I first moved to Austin. This was one of the ...
Manchester United have failed to win any of the four Premier League games Casemiro has failed to start this season, leaving Michael Carrick to ponder how to replace him when he leaves this summer.
Manchester United have failed to win any of the four Premier League games Casemiro has failed to start this season, leaving Michael Carrick to ponder how to replace him when he leaves this summer.
International stocks have generally outperformed U.S. stocks this year, continuing the outperformance trend from last year. And some leading strategists expect continued strength in international markets driven by attractive valuations, a weakening dollar, defense and infrastructure spending, and other growth trends. The glow up for international stocks makes them an attractive option for portfoli...
International stocks have generally outperformed U.S. stocks this year, continuing the outperformance trend from last year. And some leading strategists expect continued strength in international markets driven by attractive valuations, a weakening dollar, defense and infrastructure spending, and other growth trends. The glow up for international stocks makes them an attractive option for portfolio diversification. A great way to diversify internationally is through an exchange-traded fund (ETF) that invests in only stocks from foreign markets. Continue reading