US stocks advanced on Wednesday, rebounding from a bruising start to the week for tech stocks, as oil prices plunged to their levels not seen since the beginning of the US-Iran war.
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Asking for a Trend Host Josh Lipton previews several of the biggest stories to come tomorrow, Wednesday, June 24, including US new home sales data and earnings results from Micron Technology (MU) and Trip.com (TCOM).
Micron stock is dropping after SK Hynix and Samsung stocks tumbled Tuesday on the KOSPI index as the tech selloff gathers pace.
Micron’s Anthropic agreement keeps the AI-memory story in view, with earnings set to show whether HBM demand, pricing, and margins can support expectations after the pullback.
Cerebras Systems's first-quarter revenue nearly doubled, its first financial update since going public showed on Tuesday, as it benefited from robust enterprise demand for its specialized AI chips. Cerebras is poised to benefit from rising demand for high-speed processing to train AI models and particularly for AI inference, or the process of running the models in real time. The chip designer is focused on inference, the process by which AI systems respond to user queries, and has tied much of its growth to OpenAI, including a $20 billion multi-year deal under which the ChatGPT creator will deploy 750 megawatts of Cerebras chips.
Moby summary of Korn Ferry's Q4 2026 earnings call
US airlines are expected to issue above-consensus earnings guidance for the third quarter, while sec
Carnival reported second quarter revenue of $6.6 billion, slightly below Wall Street’s estimates of $6.7 billion.
Moby summary of Carnival Corporation & plc's Q2 2026 earnings call
Micron's latest partnership should ensure that the demand for its memory chips remains strong in the long run.
Its share price has plunged about 21% since second-quarter earnings were released on June 3.
Carnival Corp (NYSE:CCL) shares fell almost 6% on Tuesday after the cruise operator issued a third quarter profit outlook below Wall Street expectations, overshadowing stronger-than-expected second-quarter results and record revenue. The company reported adjusted earnings of $0.41 per share...
The firm maintained its "Outperform" rating on CBRS stock.

Yahoo Finance's Julie Hyman takes a closer look at some of Tuesday's trending tickers and stories, including JPMorgan (JPM) upgrading IBM (IBM), Carnival's (CCL) second quarter revenue missing estimates, and AMC (AMC) stock plunging.
Micron Technology's stock has risen by almost 9x over the past twelve months, taking its market capitalization above $1.2 trillion - among the largest single-year gains in the company's four-decade trading history. The rally is driven by surging demand and a shortage of high-bandwidth memory that is used alongside AI accelerators in data centers. Hyperscalers, including Microsoft (MSFT), Alphabet (GOOG), and Meta (META), are projected to spend roughly $700 billion on AI infrastructure this year,
Over the past six months, Inspired’s stock price fell to $7.76. Shareholders have lost 15.6% of their capital, which is disappointing considering the S&P 500 has climbed by 8.5%. This might have investors contemplating their next move.
June 23 (Reuters) - Barclays and Stifel raised their year-end targets for the S&P 500 index to 7,800 on Tuesday, citing strength in corporate earnings.
Carnival (CCL) delivered earnings and revenue surprises of +18.84% and +0.33%, respectively, for the quarter ended May 2026. Do the numbers hold clues to what lies ahead for the stock?
Uber Technologies (NYSE:UBER) at $70.91 sits in a holding pattern. The stock absorbed a sharp leg lower on the same day it unveiled a Zurich robotaxi launch with WeRide and a global Level 4 partnership with Stellantis and Wayve, capturing why this name is interesting and uninvestable simultaneously. Uber runs the world’s largest ride-hailing and ... Uber Down 29% From Its High. Earnings Up 40%. Wall Street Sees 47% Upside
Lululemon’s stock price has taken a beating over the past six months, shedding 50.4% of its value and falling to a new 52-week low of $105.41 per share. This was partly driven by its softer quarterly results and may have investors wondering how to approach the situation.
Investing.com -- Carnival Corporation (NYSE: CCL) reported second quarter results that exceeded analyst expectations, but shares plunged over 9% premarket as investors focused on the impact of geopolitical headwinds on the company's outlook.
Wendy’s stock price has taken a beating over the past six months, shedding 24.1% of its value and falling to a new 52-week low of $6.24 per share. This may have investors wondering how to approach the situation.
Following a careful analysis of the Zacks Oil and Gas - Exploration and Production - United States industry, we advise tracking shares of APA, WTI and REI.
Dollar General's fiscal 2026 earnings growth hinges on margin gains, as shrink reduction, supply-chain productivity and DG Media Network support its outlook.
Harley-Davidson’s 19.5% return over the past six months has outpaced the S&P 500 by 11%, and its stock price has climbed to $24.78 per share. This was partly thanks to its solid quarterly results, and the run-up might have investors contemplating their next move.
AI Memory Boom Fuels Bold Micron Call as Needham Raises the Bar

Micron reported its Q3 earnings after the bell on Wednesday.

Micron will announce its Q3 earnings after the bell on Wednesday.
Accenture flags a wider Q4 range as Middle East disruption and delayed services deals test its AI-led reinvention push.
Cerebras Systems, an AI chip maker, anticipates first-quarter sales of $181 million, an 82% increase year-over-year.