Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Business & Finance › Micron Earnings Take on New Gravity With Market on Edge Over AI
Business & Finance

Micron Earnings Take on New Gravity With Market on Edge Over AI

Micron Earnings Take on New Gravity With Market on Edge Over AI
Bloomberg Markets Wednesday 24 June 2026, 08:07 UTC By Carmen Reinicke, Rainier Harris 1 min read
Key Points

Micron Earnings Take on New Gravity With Market on Edge Over AI Micron Technology Inc.’s earnings report on Wednesday afternoon is shaping up to be one of the most important in months as investors find themselves suddenly on edge over the sustainability of the AI rally. The memory-chip maker’s shares have soared 269% this year amid insatiable demand from data-center developers. The gain has made Micron the biggest point contributor by far to the 7.6% advance in the S&P 500, whose leader...

Micron Earnings Take on New Gravity With Market on Edge Over AI Micron Technology Inc.’s earnings report on Wednesday afternoon is shaping up to be one of the most important in months as investors find themselves suddenly on edge over the sustainability of the AI rally. The memory-chip maker’s shares have soared 269% this year amid insatiable demand from data-center developers. The gain has made Micron the biggest point contributor by far to the 7.6% advance in the S&P 500, whose leader board is dominated by other memory and storage companies including Sandisk Corp., Western Digital Corp. and Seagate Technology Holdings Plc.
AI Micron Technology Inc.’s (ORG) AI (ORG) Micron (ORG) Sandisk Corp. (ORG) Western Digital Corp. (ORG) Seagate Technology Holdings Plc (ORG)
Originally published by Bloomberg Markets Read original →

Related Stories

How Indonesia’s coal policies left its own citizens in the dark

How Indonesia’s coal policies left its own citizens in the dark Hours-long blackouts since last week have disrupted the lives and businesses of millions of subscribers of state-owned utility firm PLN in Java The answer, analysts say, lies less in a coal shortage than in the rules and incentives governing who gets to buy it, at what price and when. Hours-long blackouts since last week have disrupted the lives and businesses of millions of subscribers of Indonesia’s state-owned utility firm...

South China Morning Post 15m ago

Cerebras sinks 14% as full-year margin forecast disappoints

Cerebras sinks 14% as full-year margin forecast disappoints June 24 : Cerebras shares tumbled about 14 per cent before the bell on Wednesday after the chip designer warned that annual profit margins would undershoot first-quarter figures in its debut earnings following a blockbuster initial public offering. If the losses hold through the open, the stock is expected to trade at its lowest level since listing more than a month ago and is on track to wipe out over $6 billion in market value....

Channel News Asia 18m ago

Why off-duty cops in second jobs ‘kill and die more’ in recession-hit Argentina

Growing number of cases involve police working as rideshare drivers while carrying government-issued gunsWhen the gap between his salary and his family’s basic expenses began widening dramatically, Diego – like many other Argentinians – started working as a rideshare driver on top of his day job. He usually does a few hours at the end of his 12-hour shift; and more on his days off. It would be just another story from recession-ridden Argentina, but for the fact that Diego is a federal police...

The Guardian World 22m ago

Why off-duty cops in second jobs ‘kill and die more’ in recession-hit Argentina

Growing number of cases involve police working as rideshare drivers while carrying government-issued gunsWhen the gap between his salary and his family’s basic expenses began widening dramatically, Diego – like many other Argentinians – started working as a rideshare driver on top of his day job. He usually does a few hours at the end of his 12-hour shift; and more on his days off. It would be just another story from recession-ridden Argentina, but for the fact that Diego is a federal police...

The Guardian UK 22m ago