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Micron's Rally Looks Overdone Until You Price The Memory Shortage
Trefis8h agobullish
Micron's Rally Looks Overdone Until You Price The Memory Shortage

Micron Technology (MU) stock has returned 552% over the past twelve months. At near $1,070 a share, has the price run ahead of the business? On the last twelve months of adjusted earnings, meaning normalized net income with stock-based compensation added back, Micron trades at about 23.5 times. That number looks backward, and memory prices have moved too fast for it to show what Micron earns today.

Why IonQ (IONQ) Is Up 15.5% After NVIDIA Deal And Real-Time Error Correction Breakthrough
Simply Wall St.23h agobullish
Why IonQ (IONQ) Is Up 15.5% After NVIDIA Deal And Real-Time Error Correction Breakthrough

IonQ recently announced it will deploy its Superion 256 quantum computer on-premise at NVIDIA’s Accelerated Quantum Research Center, while also unveiling an end-to-end real-time quantum error correction decoder that runs on a single off-the-shelf CPU with minimal computational delay. Together, these advances highlight IonQ’s push to link scalable error-corrected quantum hardware directly with leading AI and GPU infrastructure, potentially simplifying future hybrid quantum-classical system...

Earnings Outlook Remains Upbeat: A Closer Look
Zacks1d agobullish
Earnings Outlook Remains Upbeat: A Closer Look

Earnings revisions remain positive, sustaining a trend that's been in place for a year now. Q3 earnings are currently expected to grow 23.9% year-over-year, reflecting the eighth consecutive quarter of double-digit growth for the S&P 500 index.