The Micron logo is seen displayed at the 8th China International Import Expo. Sheldon Cooper | Lightrocket | Getty Images Micron Technology‘s stock jumped 10% after...
Category: Earnings
Nike’s turnaround is delayed but not derailed. We think it’s worth the wait
Nike stock sank Thursday evening, even after the sportswear maker delivered better-than-expected quarterly results. While management said it is in the middle innings of its turnaround,...
Costco’s quarterly beat isn’t enough to knock out the bears — here’s what could
Costco reported better-than-expected quarterly results on Thursday, driven by higher net sales, membership fee income, and gross margins. However, it wasn’t enough to break the bearish...
Broadcom stock reverses lower on a misinterpretation of what the CEO said on the earnings call
Broadcom on Thursday evening reported another strong quarter and better-than-expected guidance for the current quarter. Nonetheless, the Club stock gave up its initial pop and traded...