Micron Technology’s strong quarterly earnings, driven by robust AI demand, have sent ripples through the chip market. The company’s forecast for improved profitability in 2025 has sparked a surge in share prices, with Micron stock leading the charge with a 13.2% jump. Other memory chip giants like Western Digital and Lam Research are also seeing significant gains.
Concentrix Corp (CNXC) reported its third-quarter financial results, showcasing strong revenue growth but falling short of earnings expectations. The company also launched iX Hello, a generative AI-powered solution, and provided its outlook for the fourth quarter and fiscal year 2024.
Micron Technology Inc. (MU) exceeded analysts’ expectations in its fourth quarter, driven by robust demand for data center DRAM products fueled by artificial intelligence (AI). The company forecasts continued growth with record revenue in the first quarter of fiscal 2025, signaling strong future performance.
Goldman Sachs analyst Brooke Roach maintains a Buy rating on Nike, Inc. (NKE) with a price target of $105, despite concerns surrounding the brand’s growth trajectory. Roach anticipates a healthy first-quarter performance but expects a decline in revenue and earnings for the upcoming quarter and fiscal year. The analyst highlights the importance of Nike’s innovation pipeline and scaling initiatives, particularly in China, where market performance is a key focus.
Jabil Inc. (JBL) is set to report its fourth-quarter earnings on Thursday, Sept. 26. Analysts forecast a decline in both earnings and revenue compared to the previous year. Despite the anticipated slowdown, several analysts maintain positive ratings on the stock, citing the company’s expanding capabilities in next-generation technologies.
Micron Technology (MU) is set to release its fourth-quarter earnings on Wednesday, September 25th. Investors may be interested in the company’s dividend yield, which currently sits at 0.49%. This article explores how investors can utilize this dividend yield to potentially earn a regular income, examining the investment required to reach specific monthly dividend goals.
Darden Restaurants Inc (DRI) reported a challenging first fiscal quarter, with lower-than-expected sales at its fine dining restaurants and Olive Garden. Despite the struggles, the company reaffirmed its full-year guidance and remains optimistic about future growth, citing initiatives like its new partnership with Uber Eats and upcoming promotions.
Cintas Corporation (CTAS) has reported strong first-quarter earnings, exceeding analyst expectations and raising its revenue guidance for the fiscal year 2025. The company also saw significant growth in gross profit, cash flow, and inventory levels.
Micron Technology (MU) is set to report its fourth-quarter earnings on Wednesday, with Wall Street anticipating strong results. While the stock has shown positive performance recently, technical indicators point to a mixed outlook. Analysts remain bullish on Micron, predicting significant upside potential.
Accenture is set to release its fourth-quarter earnings on Thursday, September 26th. Analysts anticipate strong results, with projected earnings and revenue growth. This article examines analyst ratings and price targets for Accenture, providing insights into the company’s performance and potential for future growth.
