Memory-chip maker Micron Technology (MU) late Wednesday crushed Wall Street’s targets for its fiscal second quarter and delivered a surprise profit. It also guided well above views for the current quarter, citing... Read more »
U.S.-listed PDD stock jumped in early Wednesday trading after Temu parent company PDD Holdings (PDD) reported fourth-quarter earnings that easily topped expectations. X For the three months ending Dec. 31, PDD Holdings... Read more »
Chipotle Mexican Grill (CMG) announced late Tuesday that its board has approved a 50-for-1 stock split. Chipotle stock rose solidly overnight. X Shareholders will vote on the Chipotle stock split at the... Read more »
Wall Street is worried that the rates trade could once again drag down stocks. The 10-year Treasury yield (^TNX) has risen roughly 25 basis points in the last 10 days alone. It’s... Read more »
There’s little question that Nvidia (NASDAQ: NVDA) has become the standard bearer for the possibilities resulting from recent developments in artificial intelligence (AI). The company’s cutting-edge processors are the gold standard for... Read more »