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Micron earnings are out after the bell following a big move higher. What analysts expect

Micron earnings are out after the bell following a big move higher. What analysts expect

With Micron Technology set to report earnings after the bell Wednesday, analysts will looks for signs on whether the company can keep up with the outsized demand for its advanced memory chips. Micron manufactures high-performance DRAM and high-bandwidth memory chips, two pieces of hardware critical to powering AI data centers, making the company a beneficiary…

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Cramer weighs in on Starbucks’ ‘hack downgrade,’ — and Amazon’s dip

Cramer weighs in on Starbucks’ ‘hack downgrade,’ — and Amazon’s dip

Every weekday, the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments. 1. Stocks tumbled on Wednesday following hotter-than-expected wholesale inflation data and rising oil prices caused by the Middle East conflict. Brent crude , the international benchmark, crept back up after…

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Investors ditch European boom bets as Iran war stagflation fears soar

Investors ditch European boom bets as Iran war stagflation fears soar

The Iran war is hammering market sentiment in Europe, and investors are increasingly gloomy about the prospects for the continent’s growth, according to Bank of America ‘s latest survey of European fund managers. They’re slashing exposure to eurozone-area stocks amid fears of flatlining growth and a stagflation shock resulting from the ongoing conflict , per…

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