Why Micron Stock Just Dropped

    Key Points Micron (NASDAQ: MU) stock slipped 2% through 12:35 p.m. ET Monday as even more worries about the durability of demand for DRAM and NAND computer memory surfaced. Perennial Micron bull Jordan Klein at Mizuho is doing his best to contain the damage with a note in support of Micron today… but it seems…

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      Alphabet stock pops on Dow debut, but AI questions loom

      Alphabet shares rose 4% Monday as the company officially joined the Dow Jones Industrial Average, replacing Verizon and adding a symbolic blue-chip designation. The move comes despite continued pressure on the stock. Even with Monday’s gain, Alphabet is still tracking for its worst month since February of last year, with six of the past seven…

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      Andy Burnham says he’ll deliver a circuit breaker to transform the U.K. economy if he becomes leader

      MANCHESTER, England — Andy Burnham, likely the next U.K. prime minister, pledged Monday to give away a chunk of his power by handing greater autonomy to local leaders in a “circuit-breaker” for the sclerotic British state. Limited time: Save 25% on NBC News subscription Get exclusive reporting, live Q&As and ad-free reading. The former mayor…

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        Wimbledon’s celebrity season begins with the Beckhams, Hollywood stars and a whimsical pair of heels

        After the frenzy of awards season, the summer months can feel a little light on major celebrity sightings, which is exactly why Wimbledon’s arrival is always welcome. Britain’s grand slam tournament has long served as a star-spotting opportunity, drawing royalty, Hollywood heavyweights and fashion favorites to southwest London each summer. Zendaya, Lily Collins, Julia Roberts,…

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        U.S. and world news for June 29

        U.S. and world news for June 29

        Comcast regional headquarters in St. Paul, Minnesota. Photo courtesy of Michael Siluk/Education Images/Universal Images Group/Getty Images via CNN Newsource Comcast says it will spin off NBCUniversal (CNN) — Comcast’s media businesses, including NBC, Peacock and Universal, are moving one step closer to a sale. On Monday morning Comcast said it is spinning off NBCUniversal as…

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