1 Stock to Buy, 1 Stock to Sell This Week: Micron, Nike

1 Stock to Buy, 1 Stock to Sell This Week: Micron, Nike

• Fed rate cut, FOMC dot-plot, Powell comments will be in focus this week. • Micron offers significant upside potential backed by robust earnings growth and strong demand for its AI-related products. • Nike faces mounting challenges, with declining revenues, a cautious outlook, and soft consumer demand suggesting further downside for its stock price. •…

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Why Micron Stock Is Soaring Today

Why Micron Stock Is Soaring Today

Shares of computer technology outfit Micron Technology (NASDAQ: MU) are up more than 15% midday Thursday following Wednesday evening’s release of its fiscal fourth-quarter results. The stock’s biggest single-day gain in over a decade, however, mostly stems from its bullish guidance for the quarter currently underway. Micron firing on all cylinders Micron Technology turned $7.75…

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