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Investing.com99d agoneutral
TSX trades higher as Micron earnings revive global technology sector

Investing.com -- Canadian equity markets are trading positively on Thursday after strong corporate earnings breathed new life into the global artificial intelligence trade. The rise follows a downbeat Wednesday session where the benchmark S&P/TSX Composite fell 191.29 points, or 0.55%, to close at 34,736.09, while the S&P/TSX 60 dropped 0.30% to finish at 2,049.68. The S&P/TSX 60 index is up 0.7%, while the S&P/TSX Composite has gained 0.9%, as of 12:22 pm ET. Micron Crushes Expectations on AI D

AI trade: Making sense of Micron's massive Q3 earnings boost
Yahoo Finance Video99d agoneutralVIDEO
AI trade: Making sense of Micron's massive Q3 earnings boost

Micron Technology stock (MU) is up by more than 18% in Thursday's pre-market after releasing fiscal third quarter results (adjusted earnings of $25.11 per share, $41.46 billion in revenue) that blew past Wall Street forecasts. Morning Brief Host Julie Hyman is joined by Yahoo Finance Tech Editor Dan Howley and Epistrophy Capital Research chief market strategist Cory Johnson in reacting to Micron's massive earnings release.

Price Prediction: Carnival Has 31% Upside as Q2 Earnings Beat Masks Opportunity
24/7 Wall St.99d agobullish
Price Prediction: Carnival Has 31% Upside as Q2 Earnings Beat Masks Opportunity

Carnival Corporation (NYSE:CCL) just delivered its twelfth consecutive quarter of record net yields, yet the stock sold off after Q2 results landed. That dislocation is the setup for our call. Our 24/7 Wall St. price target for Carnival is $37.74 over the next 12 months, implying 31.41% upside from a current price of $28.72. The ... Price Prediction: Carnival Has 31% Upside as Q2 Earnings Beat Masks Opportunity

Micron’s Jaw-Dropping Earnings Show It Is Leaving Nvidia Behind in the AI Boom
24/7 Wall St.99d agobearish
Micron’s Jaw-Dropping Earnings Show It Is Leaving Nvidia Behind in the AI Boom

Artificial intelligence has created a handful of corporate winners, but one company has towered above the rest. Nvidia (NASDAQ:NVDA) became the face of the AI revolution as demand for its chips exploded, pushing its market value to roughly $4.8 trillion. Even after a pullback of nearly 16% from its all-time high, most investors still view ... Micron’s Jaw-Dropping Earnings Show It Is Leaving Nvidia Behind in the AI Boom

Lockheed Martin's U.S. Missile Contracts to Boost Earnings Per Share
Barrons.com99d agobearish
Lockheed Martin's U.S. Missile Contracts to Boost Earnings Per Share

Lockheed Martin's latest contract award from the U.S. Government adds to sales growth in the defense group's missiles division, Jefferies' Sheila Kahyaoglu wrote. The company signed a seven-year contract worth up to $35 billion for Terminal High Altitude Area Defense interceptor missiles. The contract follows another government award for a significant ramp up in Patriot missile production, the analyst noted.

Accenture’s Q2 Earnings Call: Our Top 5 Analyst Questions
StockStory99d agoneutral
Accenture’s Q2 Earnings Call: Our Top 5 Analyst Questions

Accenture’s second-quarter performance was met with a sharp negative market reaction, as investors digested a combination of steady revenue growth and cautious commentary around external disruptions. Management highlighted that broad-based client demand and expanding AI initiatives fueled growth across all regions and service lines. However, CEO Julie Sweet noted that the Middle East conflict and resulting client hesitancy in discretionary spending weighed on consulting revenues, particularly in