AnaBGD/iStock via Getty Images I have been covering Micron Technology, Inc. ( MU ) since November last year. I remember concerns around high valuations and entering at highs at around $250, yet I felt a high conviction to Buy that was well supported. Similarly, at around $350, I felt the stock was becoming more volatile and the upside asymmetry was becoming riskier and hence recommended waiting fo...
AnaBGD/iStock via Getty Images I have been covering Micron Technology, Inc. ( MU ) since November last year. I remember concerns around high valuations and entering at highs at around $250, yet I felt a high conviction to Buy that was well supported. Similarly, at around $350, I felt the stock was becoming more volatile and the upside asymmetry was becoming riskier and hence recommended waiting for pullbacks for fresh positioning. Micron, of course, belied expectations and rallied to over $470 before recent corrections brought it below prices where I had issued my downgrade. So, what does that mean for fresh entries at current levels, especially given my Hold rating was not too far off from levels we are seeing now? And more importantly, given the way Micron moves, $20-$30 moves are made within days, so the 5-10% net correction from the time of my last thesis may be stale even by the time this article gets published. That means I have to answer the bigger question for the next big move - not a 5-10% target thesis that the gap between my last downgrade and current prices indicates. In this thesis, I try to answer whether Micron is likely to reach $400 earlier than $250 (enough room for the thesis to evolve beyond daily fluctuations). And this is what I find. The demand story is a known support, and that continues to not be a factor in the near term, although long-term demand is a factor - it could actually prove that the cyclicality embedded in expectations today is more conservative and troughs in the AI era are higher than what has been seen earlier. A more important variable for Micron at the moment is the supply gap, and as of Q2 FY2026, even that remains supportive enough, as seen in pricing power and margin expansion. The only drag for Micron at the moment is a capex cyclicality risk and a guidance that conveys moderating incremental gains from here on (suggesting peak conditions are forming). However, I feel that the timing for top formation and the amount of ...
AnaBGD/iStock via Getty Images I have been covering Micron Technology, Inc. ( MU ) since November last year. I remember concerns around high valuations and entering at highs at around $250, yet I felt a high conviction to Buy that was well supported. Similarly, at around $350, I felt the stock was becoming more volatile and the upside asymmetry was becoming riskier and hence recommended waiting fo...
AnaBGD/iStock via Getty Images I have been covering Micron Technology, Inc. ( MU ) since November last year. I remember concerns around high valuations and entering at highs at around $250, yet I felt a high conviction to Buy that was well supported. Similarly, at around $350, I felt the stock was becoming more volatile and the upside asymmetry was becoming riskier and hence recommended waiting for pullbacks for fresh positioning. Micron, of course, belied expectations and rallied to over $470 before recent corrections brought it below prices where I had issued my downgrade. So, what does that mean for fresh entries at current levels, especially given my Hold rating was not too far off from levels we are seeing now? And more importantly, given the way Micron moves, $20-$30 moves are made within days, so the 5-10% net correction from the time of my last thesis may be stale even by the time this article gets published. That means I have to answer the bigger question for the next big move - not a 5-10% target thesis that the gap between my last downgrade and current prices indicates. In this thesis, I try to answer whether Micron is likely to reach $400 earlier than $250 (enough room for the thesis to evolve beyond daily fluctuations). And this is what I find. The demand story is a known support, and that continues to not be a factor in the near term, although long-term demand is a factor - it could actually prove that the cyclicality embedded in expectations today is more conservative and troughs in the AI era are higher than what has been seen earlier. A more important variable for Micron at the moment is the supply gap, and as of Q2 FY2026, even that remains supportive enough, as seen in pricing power and margin expansion. The only drag for Micron at the moment is a capex cyclicality risk and a guidance that conveys moderating incremental gains from here on (suggesting peak conditions are forming). However, I feel that the timing for top formation and the amount of ...
Ekaterina79 The trending "KitKat heist," which sounds like a movie plot, has turned into a promotional goldmine for Nestlé ( NSRGY ). Over 400,000 KitKat bars, weighing about 12 tons, were stolen last week from a truck that was en route from a factory in central Italy to Poland. KitKat said there are no concerns for consumer safety and supply is not affected. But the vehicle and its contents remai...
Ekaterina79 The trending "KitKat heist," which sounds like a movie plot, has turned into a promotional goldmine for Nestlé ( NSRGY ). Over 400,000 KitKat bars, weighing about 12 tons, were stolen last week from a truck that was en route from a factory in central Italy to Poland. KitKat said there are no concerns for consumer safety and supply is not affected. But the vehicle and its contents remain unaccounted for, and investigations are ongoing. "We've always encouraged people to have a break with KitKat – but it seems thieves have taken the message too literally and made a break with more than 12 tons of our chocolate," the brand's spokesperson said. "Whilst we appreciate the criminals' exceptional taste, the fact remains that cargo theft is an escalating issue for businesses of all sizes," they added. The heist — and the company's tongue-in-cheek response — kicked off a wave of memes on social media, with several companies joining in. "Sorry guys we were product testing for our 12th herb and spice," KFC ( YUM ) posted on its official X handle, while Domino's Pizza UK ( DPZ ) jokingly shared that it'll "now be selling a new KitKat pizza." Diner chain Denny's said ,"whatever happened to those kitkats happened between 1:30 AM and 4:00 AM and we were very busy, no further questions." "Due to a completely random packaging error, we have 12 tons of KitKats in our DashMarts that we can't sell," DoorDash ( DASH ) posted on X. "The good news: all you have to do is to go to your DoorDash app and add like 500-600 KitKats to your cart and this should resolve itself quickly." "On an unrelated note, we just got this email from the boss," Microsoft ( MSFT ) Edge posted on X, showing an email that said, "Hey! Quick question: why do we have 14 boxes of KitKats in the office? Nestlé ( NSRGY ) "embraced the opportunity and turned it into a positive," Andrew Bloch, who runs PR consultancy Andrew Bloch & Associates, told The Wall Street Journal . "It's a master class in public relati...
Growth is fueled by remote work needs, cloud adoption, supplier risk management tools, and data analytics integration Sourcing Software Market Sourcing Software Market Dublin, April 01, 2026 (GLOBE NEWSWIRE) -- The "Sourcing Software Market Report 2026" has been added to ResearchAndMarkets.com's offering. The report covers market characteristics, size, growth, segmentation, regional and country br...
Growth is fueled by remote work needs, cloud adoption, supplier risk management tools, and data analytics integration Sourcing Software Market Sourcing Software Market Dublin, April 01, 2026 (GLOBE NEWSWIRE) -- The "Sourcing Software Market Report 2026" has been added to ResearchAndMarkets.com's offering. The report covers market characteristics, size, growth, segmentation, regional and country breakdowns, total addressable market, market attractiveness score, competitive landscape, and trends a