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A look at the day ahead in U.S. and global markets from Dhara Ranasinghe. The relief across world markets as signs of a softening in the U.S. jobs markets strengthens the case for Federal Reserve rate cuts to start later this year remains palpable. Not...
Analyst upgrades Micron Technology Inc (MU) from Neutral to Outperform, raises price target to $150. Remains bullish on US semiconductor sector.
Model N, Inc. , a leader in cloud revenue management solutions, today announced financial results for the second quarter of fiscal year 2024 ended March 31, 2024. Second Quarter 2024 Financial...
Microchip Technology (NASDAQ:MCHP – Get Free Report) issued an update on its first quarter 2025 earnings guidance on Monday morning. The company provided EPS guidance of 0.480-0.560 for the period, compared to the consensus EPS estimate of 0.580. The company issued revenue guidance of $1.2 billion-$1.3 billion, compared to the consensus revenue estimate of $1.3 […]
The stock market is poised to mark a third consecutive session of gains, with major indices all trading in the green during midday trading in New York on Monday, as traders continue to react positively to quarterly earnings and the Federal Reserve’s unexpectedly dovish stance