EUR/USD 1.13569
-0.209%
Gold 3997.62
-2.738%
Oil 69.771
-4.283%
USD/JPY 161.813
0.154%
GBP/USD 1.31645
-0.292%
GBP/JPY 213.011
-0.139%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
June 25 - Micron Technology (MU.O) shares surged nearly 14% in after-hours trading, boosted by strong earnings. Other US chip stocks followed suit, with Marvell Technology (MRVL.O) up over 4%, Intel (INTC.O) up over 3%, ASML (ASML.O) up nearly 4%, Seagate Technology (STX.O) up 9%, and Qualcomm (QCOM.O) up 6%.Micron Technology (MU.O): Under the strategic customer agreements signed to date, the company expects to receive approximately $22 billion in cash deposits and related financial commitments.Micron Technology (MU.O): The company expects to gradually return all excess cash to its shareholders.Micron Technology (MU.O): Capital expenditures for each quarter of fiscal year 2027 are expected to be higher than those in the fourth quarter of fiscal year 2026.Micron Technology (MU.O) on Wednesday predicted fourth-quarter revenue that would exceed Wall Street expectations, indicating that strong demand for AI-related infrastructure will continue to drive robust demand for its memory chips. The companys stock rose nearly 10% in after-hours trading. Micron expects fourth-quarter revenue of $50 billion (plus or minus $1 billion), while analysts average estimate is $43.58 billion. This result and forecast suggest that the explosive growth of generative AI has made products like HBM key components in large data centers, driving up prices. The companys quarterly report also showed third-quarter revenue of $41.4 billion, far exceeding market expectations of $35.4 billion. Micron CEO Sanjay stated, "Micron Technologys record third-quarter financial results and stronger outlook for the fourth quarter reflect the strategic value of memory chips in the AI era. We believe our multi-year strategic customer agreements will significantly enhance the sustainability and predictability of Microns strong financial performance." Microns third-quarter report showed a profit of $28.24 billion, or $24.67 per share, compared to $1.89 billion, or $1.68 per share, in the same period last year. Excluding certain one-time items, Micron reported adjusted earnings per share of $25.11, while analysts had expected $20.86 per share.

Trading Strategies

Just starting out? Begin your trading education with our Foundational Trading Knowledge course. Learn about a variety of markets like foreign exchange, commodities and equities and how they operate. Discover the right trading style for you and get to grips with key trading processes and market psychology.

  • NFP and Forex: What is NFP and How Does It Work?

    Non-farm payrolls (NFP) are a critical economic indicator for the US economy. It is the amount of new employment created, excluding agricultural workers, government employees, private home employees, and nonprofit organization employees.

    Start

  • 5 Ways to Control Risk When Trading Forex

    Proper risk management is a must if you want to be a successful trader. Continue reading to learn about the risk control techniques that every forex trader should be familiar with.

    Start

  • How To Evaluate Leading Economic Indicators?

    Leading economic indicators forecast the next business cycle phase. Leading indicators help you stay ahead of the curve. This article demonstrates how economic indicators may be used to assess the status of the economy.

    Start

  • How to Trade Forex During the Asian Trading Hours?

    The Asian session is notorious for being the slowest and most difficult session for forex traders. This article will teach you how to trade forex during Asian trading hours.

    Start

  • How to Trade Using the Carry Trade Strategy?

    Carry trading is one of the most basic currency trading methods available. This post will provide you an overview of forex carry trading - what it is, how it works, and how to apply your own carry trade strategy.

    Start

  • How to Enhance Your Moving Average Crossover Strategy

    Moving averages are indicators used in technical analysis. In this essay, I'll show you how to improve on the basic moving average crossover strategy.

    Start

  • How to Use a MACD Crossover to Enter Trades

    The Moving Average Convergence/Divergence (MACD) indicator is a technical indicator that measures the market's momentum and direction by comparing the difference between two exponential moving averages. When the MACD line and the signal line intersect, the MACD crossover occurs, frequently signalling a change in the market's momentum/trend. The MACD is regarded as a very accurate indicator, particularly in trending markets.

    Start

  • The Ascending Triangle: What is it & How to Trade it?

    The ascending triangle, sometimes known as the 'rising triangle,' is a popular mid-trend continuation pattern. Traders predict that the market will continue in the direction of the wider trend and therefore build trading setups.

    Start
Read More