Micron Technology (MU +2.24%) has become one of the quickest rising stocks in the market. Last year at this time, it was trading for under $100 per share. Now, it's well over $700. The question for investors today is, can that rise continue, and what is a reasonable price target for the end of 2027? Let's take a look at where Micron could be headed, as it could be a no-brainer buy now. Memory chip...
Micron Technology (MU +2.24%) has become one of the quickest rising stocks in the market. Last year at this time, it was trading for under $100 per share. Now, it's well over $700. The question for investors today is, can that rise continue, and what is a reasonable price target for the end of 2027? Let's take a look at where Micron could be headed, as it could be a no-brainer buy now. Memory chips are in short supply Micron is one of just a few makers of memory chips, which are utilized in nearly every computational device. This industry is notoriously cyclical, and there isn't much that sets one manufacturer's products apart from another. As a result, memory chips are basically a commodity, and the primary thing that moves their prices is the law of supply and demand. Right now, nearly all of the available supply -- including all the chips that will be made in the near future -- has been sold, and demand is at an all-time high. Micron told investors during its last conference call that it only has enough production capacity to meet half to two-thirds of medium-term demand. That's a major issue, and Micron's peers are experiencing similar conditions. Expand NASDAQ : MU Micron Technology Today's Change ( 2.24 %) $ 15.25 Current Price $ 696.79 Key Data Points Market Cap $788B Day's Range $ 652.22 - $ 725.91 52wk Range $ 90.93 - $ 818.67 Volume 52K Avg Vol 45M Gross Margin 58.54 % Dividend Yield 0.07 % Micron is racing to get more production capacity available, and expects that its Idaho fabrication facility will be up and running by this time next year. It also has plans for more production facilities around the globe. Its peers are also building new fabs to take advantage of high demand, and that will help reduce the supply crunch, unless demand growth outpaces it. That's a real possibility, at least for a while: Micron predicts that the total addressable market for high-bandwidth memory (HBM) will rise from $35 billion in 2025 to $100 billion by 2028. So, even if p...
US equity futures were edging higher pre-bell Wednesday as traders anticipated Nvidia's (NVDA) fisca Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium news articles.
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Iran Warns Will Take War 'Beyond The Region' If Trump Restarts Attacks Ali Vaez, director of the Iran Project at the International Crisis Group, has summed up where things stand: "Since the ceasefire came into effect, both Washington and Tehran appear to be operating under the illusion that time is on their side," he said . "Each seems to believe that the blockade and counter-blockade in the Strai...
Iran Warns Will Take War 'Beyond The Region' If Trump Restarts Attacks Ali Vaez, director of the Iran Project at the International Crisis Group, has summed up where things stand: "Since the ceasefire came into effect, both Washington and Tehran appear to be operating under the illusion that time is on their side," he said . "Each seems to believe that the blockade and counter-blockade in the Strait of Hormuz impose greater costs on the other , while offering a breathing space to regroup for a possible resumption of hostilities ," Vaez told Al Jazeera. On Wednesday Iran's Revolutionary Guards issued a fresh warning amid this ongoing standoff, warning that the Middle East war will extend beyond the region if the United States and Israel resume their attacks. via Shutterstock "If the aggression against Iran is repeated, the promised regional war will this time spread far beyond the region , and our devastating blows will crush you," the IRGC say in the statement published to their website Sepah News. The warring sides are no closer to getting back to the negotiating table, after President Trump has given just a few 'days' to comply on the nuclear issue, which so far Tehran has not budged on. But in the meantime Iran still sees American guarantees as "insufficient" regarding a renewed war, Al Arabiya reports Wednesday. The Supreme Leader, who is still in hiding and believed to be recovering from serious injuries that resulted from prior airstrikes, has issued a fresh written message to the public : Mojtaba Khamenei has commemorated the second anniversary of the death of former President Ebrahim Raisi in a helicopter crash, saying the country is putting up a “unique historical resistance against two global terrorist armies” in Israel and the US, the Fars News Agency reports. In another written statement, Khamenei said the war was making the burden on officials “heavier than before” , adding that he was grateful for the “unity of the nation”. In the Strait of Hormuz, ther...
Jeff Bezos speaks with CNBC's Squawk Box from Merrit Island, Florida on May 20th, 2026. CNBC Amazon founder Jeff Bezos says datacenters in are a "very realistic" outcome but could take longer than expected to materialize. This is breaking news. Please refresh for updates. Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.
Jeff Bezos speaks with CNBC's Squawk Box from Merrit Island, Florida on May 20th, 2026. CNBC Amazon founder Jeff Bezos says datacenters in are a "very realistic" outcome but could take longer than expected to materialize. This is breaking news. Please refresh for updates. Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.
tomch U.S. corporations are turning to the convertible bond market as companies tied to artificial intelligence seek to raise capital to build the infrastructure needed for the rapidly advancing technology, according to a media report on Wednesday. U.S. convertible bond issuance grew to ~$34B in the first four months of 2026, more than double the same period a year ago, Reuters reported, citing re...
tomch U.S. corporations are turning to the convertible bond market as companies tied to artificial intelligence seek to raise capital to build the infrastructure needed for the rapidly advancing technology, according to a media report on Wednesday. U.S. convertible bond issuance grew to ~$34B in the first four months of 2026, more than double the same period a year ago, Reuters reported, citing research from Bank of America and Barclays. If that pace keeps up, the market could exceed 2025's full-year record of $120B. This form of debt has the added appeal to investors when equity markets are hot because it can be converted into equity. About half of the year-to-date issuance is related in some way to AI, illustrating how the needs of corporate funding are coinciding with strong investor appetite for investments in the sector. The convertible bonds are helping to finance power infrastructure, cloud expansion, and data centers. At the same time, firms are refinancing pandemic-era debt, the article said. "A lot of it is to build out capital expenditure, particularly AI, and that's unusual and not something we've seen in previous cycles," Michael Youngworth, managing director and head of global convertibles at Bank of America Securities ( BAC ), told Reuters. AI stocks have been surging year to date, with iShares Future AI & Tech ETF ( ARTY ) climbing 32%, outpacing the S&P 500's 7.4% increase. Meanwhile, shares in banks, which bring the bonds to markets, have underperformed the broader market. The State Street SPDR S&P Bank ETF ( KBE ) gained only 2.1% YTD. More on State Street SPDR S&P Bank ETF, iShares Future AI & Tech ETF Big Bank Earnings: Resilience And Concern 4 CEOs, 4 Framings: The $108B Private Credit Story Begins Seven warning signs — and two positives — for the market: BTIG’s Krinsky Fed rate hikes could be coming, making bank stocks attractive - Regan Capital CIO
(RTTNews) - Stocks may move to the upside in early trading on Wednesday, regaining ground following the weakness seen in the previous session. The major index futures are currently pointing to a higher open for the markets, with the S&P 500 futures up by 0.5 percent. Early buying interest may be generated in reaction to pullback by treasury yields, which are giving back ground along with the price...
(RTTNews) - Stocks may move to the upside in early trading on Wednesday, regaining ground following the weakness seen in the previous session. The major index futures are currently pointing to a higher open for the markets, with the S&P 500 futures up by 0.5 percent. Early buying interest may be generated in reaction to pullback by treasury yields, which are giving back ground along with the price of crude oil. The yield on the benchmark ten-year note is pulling back off its highest levels in well over a year as U.S. crude oil futures plunge by more than 3 percent. Crude oil futures are extending the modest decrease seen in the previous session after President Donald Trump claimed the U.S. war with Iran will end "very quickly." "We're going to end that war very quickly," Trump told lawmakers gathered at the White House for the annual congressional picnic on Tuesday. "They want to make a deal so badly." "It's going to happen, and it's going to happen fast. And you're going to see oil prices plummet," the president added. Overall trading activity may be somewhat subdued, however, as traders look ahead to the release of earnings news from Nvidia (NVDA) after the close of trading. With Nvidia seen as a leader in the artificial intelligence space, the company's results and guidance could have a significant impact on the outlook for the markets. Traders may also be reluctant to make more significant moves ahead of this afternoon's release of the minutes of the Federal Reserve's latest monetary policy meeting. The minutes of the Fed's April meeting, when the central bank decided to leave interest rates unchanged in an unusually divided vote, may shed light on the outlook for rates. Following the mixed performance seen during Monday's session, the major U.S. stock indexes all moved to lower during trading on Tuesday. Stocks staged a recovery attempt in early afternoon trading but moved back to the downside going into the end of the day. The major averages all finished the d...
Key Points Vanguard High Dividend Yield ETF offers a lower expense ratio and larger assets under management than Fidelity High Dividend ETF. Fidelity High Dividend ETF leans significantly into technology and has generated higher five-year total growth. Vanguard High Dividend Yield ETF maintains a more conservative beta profile and contains a much broader portfolio of 589 holdings. 10 stocks we lik...
Key Points Vanguard High Dividend Yield ETF offers a lower expense ratio and larger assets under management than Fidelity High Dividend ETF. Fidelity High Dividend ETF leans significantly into technology and has generated higher five-year total growth. Vanguard High Dividend Yield ETF maintains a more conservative beta profile and contains a much broader portfolio of 589 holdings. 10 stocks we like better than Vanguard High Dividend Yield ETF › Both the Fidelity High Dividend ETF (NYSEMKT:FDVV) and the Vanguard High Dividend Yield ETF (NYSEMKT:VYM) target income but take different paths. While VYM tracks a broad index of high-yielding stocks, FDVV uses a proprietary model to find companies with strong dividend potential and specific sector constraints. This results in distinct performance and risk profiles for income-focused portfolios. Snapshot (cost & size) Metric FDVV VYM Issuer Fidelity Vanguard Expense ratio 0.15% 0.04% 1-yr return (as of 5/18/26) 20.65% 23.6% Dividend yield 2.8% 2.3% Beta 0.81 0.73 AUM $9.2 billion $94.6 billion Vanguard is the more affordable option with a 0.04% expense ratio, while Fidelity charges 0.15%. However, Fidelity currently provides a higher payout with a trailing-12-month dividend yield of 2.8% versus 2.3% for the Vanguard fund. Performance & risk comparison Metric FDVV VYM Max drawdown (5 yr) (20.17%) (15.87%) Growth of $1,000 over 5 years (total return) $1,863 $1,704 What's inside The Vanguard High Dividend Yield ETF provides exposure to around 600 holdings, primarily in financial services at 20%, technology at 15%, and industrials at 14%. Its largest positions include Broadcom at 8%, JPMorgan Chase at 3.33%, and ExxonMobil at 2.71%. Launched in 2006, it has a trailing-12-month dividend of $3.51 per share. In contrast, the Fidelity High Dividend ETF is more concentrated with about 110 holdings and leans heavily into technology at 29%, financial services at 19%, and consumer cyclical at 14%. Top holdings include Nvidia at 7%, Appl...
In New Delhi’s chaotic traffic, where the backs of autorickshaws sometimes double as mobile billboards, some commuters are now being greeted by an unlikely face: US President Donald Trump Splashed beneath his portrait is the slogan: “Happy Birthday America!” About 100 autorickshaws carrying large images of Trump and the Statue of Liberty have appeared across the Indian capital in recent weeks. Adv...
In New Delhi’s chaotic traffic, where the backs of autorickshaws sometimes double as mobile billboards, some commuters are now being greeted by an unlikely face: US President Donald Trump Splashed beneath his portrait is the slogan: “Happy Birthday America!” About 100 autorickshaws carrying large images of Trump and the Statue of Liberty have appeared across the Indian capital in recent weeks. Advertisement In a city where the backs of thousands of three-wheelers are routinely covered with ads for little-known fertility clinics, English-speaking courses and herbal remedies, the American branding stands out. The unusual advertising campaign was unveiled last month by Sergio Gor , the US ambassador to India. It is part of a broader push by the US to mark the 250th anniversary of American independence, with celebrations, cultural events and public outreach campaigns planned in several countries. Advertisement Announcing the initiative on social media last month, the US embassy posted: “Freedom is on the move … literally!”
TAIPEI (Taiwan News) – The government should publicly reject accusations by US President Donald Trump that Taiwan stole semiconductor technology from the US, United Microelectronics Corporation founder Robert Tsao (曹興誠) said Wednesday. Over the years, Trump alleged several times that Taiwan had stolen the now-flourishing sector, while adding the US wanted it back. In February 2025, President Lai C...
TAIPEI (Taiwan News) – The government should publicly reject accusations by US President Donald Trump that Taiwan stole semiconductor technology from the US, United Microelectronics Corporation founder Robert Tsao (曹興誠) said Wednesday. Over the years, Trump alleged several times that Taiwan had stolen the now-flourishing sector, while adding the US wanted it back. In February 2025, President Lai Ching-te (賴清德) said Taiwan would respond prudently through increased communication. Tsao, who founded and chaired one of the country’s top semiconductor contract makers, said Wednesday Trump’s accusations were just not true, per CNA . He called on the government to issue a public rebuttal of the US president’s comments. Tsao explained in a Facebook post that the Industrial Technology Research Institute signed a contract on Taiwan’s behalf with US electronics manufacturer RCA on March 5, 1976. The agreement, valid for 10 years, covered the payment of NT$7.9 billion (US$250 million) for the transfer of technology and NT$3.16 billion for licensing fees, Tsao said. The consequences of Trump’s allegations were extremely grave, according to the semiconductor pioneer. Apart from the undiplomatic pronouncements, Trump was also pushing Taiwanese businesses to invest in the US and tear down Taiwan’s “silicon shield,” he said. Tsao called on the government to stop being silent and to provide a clear explanation of the origin of Taiwan’s semiconductor successes, CNA reported. The government should mention the massive investment of resources and the tough research efforts behind the development of the sector, the former UMC chair said.
My top 10 things to watch Wednesday, May 20 1. Stock futures are higher this morning ahead of Nvidia earnings after the close. The S & P 500 is riding a three-day losing skid. President Donald Trump said yesterday that the U.S. would end the Iran war "very quickly," kicking off a similar pattern in the market. Trump gives these hints of the war being over soon, oil goes down a little, interest rat...
My top 10 things to watch Wednesday, May 20 1. Stock futures are higher this morning ahead of Nvidia earnings after the close. The S & P 500 is riding a three-day losing skid. President Donald Trump said yesterday that the U.S. would end the Iran war "very quickly," kicking off a similar pattern in the market. Trump gives these hints of the war being over soon, oil goes down a little, interest rates go down a little, and futures go up a little. 2. We finally hear from Club name Nvidia tonight. Thankfully, shares have cooled a bit after last Thursday's record close at almost $236. Beat and raise is the minimum to have any chance at a post-earnings rally. But don't be fooled by the first move once the numbers hit. Can be misleading. The conference call, where we get more color on the guide and demand, is revelatory. 3. The Street is looking to fade Nvidia. There is still amazing skepticism that the stock can keep the run up given Amazon and Google's desire to break away from Nvidia with their own in-house chips. Nvidia has to redefine what it is aspiring to do and demonstrate that it has a much larger total addressable market. 4. Lots of powerful AI announcements yesterday from Alphabet 's Google, including more AI being infused into traditional search. Melius Research's Ben Reitzes said Google's new agentic tools for developers could be "a trojan horse into the enterprise that bears watching." Expectations were elevated going into the developer conference, so I'm not fretting the 2% decline. This remains a crucial position for the Club. 5. Target delivered a quarterly beat as new CEO Michael Fiddelke works to right the ship. Same-store sales were positive for the first time in five quarters, up 5.6% and crushing the 2.4% FactSet consensus. Target now expects net sales growth of 4% this year versus 2% previously. Very good changes in fashion. Good growth in health and wellness. 6. Lowe's with a strong quarter in a tough housing market. Reaffirmed full-year guidance. D...
AMASS Brands Group ( Nasdaq: AMSS ) on Wednesday said its common stock began trading on the Nasdaq Capital Market under the ticker symbol “AMSS” following the completion of a direct listing. The direct listing did not involve the issuance of new shares, the company said. AMASS said it operates a portfolio of nine beverage brands across non-alcoholic, functional wellness, and alcoholic categories, ...
AMASS Brands Group ( Nasdaq: AMSS ) on Wednesday said its common stock began trading on the Nasdaq Capital Market under the ticker symbol “AMSS” following the completion of a direct listing. The direct listing did not involve the issuance of new shares, the company said. AMASS said it operates a portfolio of nine beverage brands across non-alcoholic, functional wellness, and alcoholic categories, including Good Twin Non-Alcoholic Wine and Summer Water Rosé. The company said it has generated more than $80 million in cumulative revenue since inception, sold over 5.7 million bottles, and expanded distribution to more than 40,000 points of sale. Source: Press Release More on AMASS Brands, Inc. AMASS Brands Aims For Direct Listing Despite Weak Financial Results Financial information for AMASS Brands, Inc.
Sonoro Gold ( SGO:CA ) announced on Wednesday a non-brokered private placement offering consisting of 40M units at C$0.25 per unit, for gross proceeds of C$10M. Each unit will consist of one common share and one common share purchase warrant. Each warrant will entitle the holder thereof to purchase one additional common share of the company for a period of three years from the closing of the priva...
Sonoro Gold ( SGO:CA ) announced on Wednesday a non-brokered private placement offering consisting of 40M units at C$0.25 per unit, for gross proceeds of C$10M. Each unit will consist of one common share and one common share purchase warrant. Each warrant will entitle the holder thereof to purchase one additional common share of the company for a period of three years from the closing of the private placement at an exercise price of C$0.34 per common share. The net proceeds from the offering will be used to advance the ongoing development of the company’s Cerro Caliche gold project in Sonora, Mexico, as well as general working capital. The company may pay finder’s fees in respect of units placed with the assistance of registered securities dealers. Sonoro Gold highlighted that insiders of the company will participate in the offering for approximately 4M units for gross proceeds of C$1M. More on Sonoro Gold Corp. Financial information for Sonoro Gold Corp.
Progressive ( PGR ) said its April net premiums written increased 6% year-over-year to $7.28B. Net premiums earned rose 7% for the month to $7.11B. Net income per share available to common shareholders stood at $1.86, up 11% from $1.68 in April 2025. The property and casualty insurer reported gains of $402M, compared to a loss of $3M a year ago. The combined ratio stood at 90.2% for the month, up ...
Progressive ( PGR ) said its April net premiums written increased 6% year-over-year to $7.28B. Net premiums earned rose 7% for the month to $7.11B. Net income per share available to common shareholders stood at $1.86, up 11% from $1.68 in April 2025. The property and casualty insurer reported gains of $402M, compared to a loss of $3M a year ago. The combined ratio stood at 90.2% for the month, up from 84.9% in April 2025. Total policies in force increased 8% during the month to 39.77M from 36.65M. More on Progressive The Progressive Corporation (PGR) Q1 2026 Earnings Call Transcript Progressive Stock Crash Explained: Strong Business, Falling Shares? Progressive: Sentiment Is Too Negative Given Underlying Results Progressive's Q1 earnings miss estimates as policies in force fall short of consensus Progressive Q1 2026 Earnings Preview
Elliott Investment Management hired former Blackstone Inc. executive Teresa Sweeney to run the roughly $80 billion hedge fund firm’s global research and data science group. Sweeney joined this month and is expected to build out artificial intelligence for the unit, which houses about 40 research members and three data scientists who handle due diligence and research for prospective deals, accordin...
Elliott Investment Management hired former Blackstone Inc. executive Teresa Sweeney to run the roughly $80 billion hedge fund firm’s global research and data science group. Sweeney joined this month and is expected to build out artificial intelligence for the unit, which houses about 40 research members and three data scientists who handle due diligence and research for prospective deals, according to people familiar with the matter. Paul Singer ’s firm, known for its activist campaigns, aims to create a single repository that houses its data and research that can be accessed companywide and utilizes AI. It also plans to use AI to amplify the firm’s proprietary insights. A representative for West Palm Beach, Florida-based Elliott declined to comment. Elliott’s research and data science group works with expert networks, manages data procurement and third-party data sets and conducts background checks. Sweeney worked at Blackstone for about four years, overseeing strategy for its data science team and holding the title of chief operating officer for that group, according to her LinkedIn profile . She previously worked with private equity clients for consulting firm GLG . Like other hedge funds, Elliott is utilizing AI internally and betting on the technology, including making a multibillion-dollar investment in Synopsys Inc. with the goal of pushing for changes at the chip-design software maker.