Micron Stock Is Rallying. Earnings and the Outlook Were Strong.

Micron Stock Is Rallying.  Earnings and the Outlook Were Strong.

Text size Shares of memory-chip maker Micron were up nearly 3% on Tuesday, in advance of the earnings report. Dreamstime Memory chip maker Micron Technology posted better-than-expected results for its latest quarter on Tuesday. The firm also provided an optimistic outlook that exceeded Wall Street’s estimates, as pricing improved across the company’s product portfolio. Micron … Read more

Micron Stock Is Rallying. Earnings and the Outlook Were Strong.

Micron Stock Is Rallying.  Earnings and the Outlook Were Strong.

Text size Shares of memory-chip maker Micron were up nearly 3% on Tuesday, in advance of the earnings report. Dreamstime Memory chip maker Micron Technology posted better-than-expected results for its latest quarter on Tuesday. The firm also provided an optimistic outlook that exceeded Wall Street’s estimates, as pricing improved across the company’s product portfolio. Micron … Read more

Micron Stock Is Rallying. Earnings and the Outlook Were Strong.

Micron Stock Is Rallying.  Earnings and the Outlook Were Strong.

Text size Shares of memory-chip maker Micron were up nearly 3% on Tuesday, in advance of the earnings report. Dreamstime Memory chip maker Micron Technology posted better-than-expected results for its latest quarter on Tuesday. The firm also provided an optimistic outlook that exceeded Wall Street’s estimates, as pricing improved across the company’s product portfolio. Micron … Read more

GameStop Sales Are Better Than Expected. The Stock Is Still Down.

GameStop Sales Are Better Than Expected.  The Stock Is Still Down.

Text size Wall Street analysts expected GameStop to report fourth-quarter sales of $2.16 billion Michael M. Santiago/Getty Images GameStop on Thursday reported a surprise loss for its fiscal fourth quarter. Shares dropped in late trading, even though net sales came in better-than-expectations. GameStop (ticker: GME) reported an adjusted net loss of $141 million, or $1.86 … Read more

Rivian Stock Is Plunging. The EV Maker Came Up Short Everywhere.

Rivian Stock Is Plunging.  The EV Maker Came Up Short Everywhere.

Text size Rivian vehicles Courtesy of Rivian Electric truck start-up Rivian Automotive reported fourth-quarter results Thursday afternoon. Sales and the bottom line missed Street expectations. That’s not as big a deal as guidance, which looks light, too. Rivian (ticker: RIVN) stock was tumbling in after-hours trading. Rivian reported a loss of $4.83 a share on … Read more

Rivian Stock Is Plunging. The EV Maker Came Up Short Everywhere.

Rivian Stock Is Plunging.  The EV Maker Came Up Short Everywhere.

Text size Rivian vehicles Courtesy of Rivian Electric truck start-up Rivian Automotive reported fourth-quarter results Thursday afternoon. Sales and the bottom line missed Street expectations. That’s not as big a deal as guidance, which looks light, too. Rivian (ticker: RIVN) stock was tumbling in after-hours trading. Rivian reported a loss of $4.83 a share on … Read more

Asana Stock Tumbles. The Company Is Warning of Larger Losses.

Asana Stock Tumbles.  The Company Is Warning of Larger Losses.

Text size Asana reported better-than-expected fiscal fourth quarter results on Wednesday. Courtesy Asana Shares of Asana are trading sharply lower in late trading Wednesday despite better-than-expected results for the company’s fourth-quarter. That earnings news was overshadowed by Asana’s plans to step up its rate of investment in the business, and its forecast for a higher-than-expected … Read more