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Why Wall Street Expects Micron to Crush Earnings Today — And Its Stock to Surge Again
Micron Technology (NASDAQ:MU) is scheduled to release its fiscal first-quarter earnings today after the market closes, and Wall Street is expecting nothing short of spectacular. It follows on the heels of an already impressive year that saw shares surge 176% in 2025,
Stocks are drifting on Wall Street following mixed data on the U.S. economy, which did little to clear up uncertainty about where interest rates may be heading
RBC Capital upgraded Airbnb (ABNB) to Outperform from Sector Perform with a price target of $170, up from $145. The firm sees an "increasingly attractive brand monetization story," saying first party data is likely worth a premium in the evolving consumer artificial intelligence landscape.
Rising depreciation expenses from the data center binge is a major worry. Alphabet, Microsoft and Meta combined for about $10 billion in depreciation costs in the final quarter of 2023. The figure rose to nearly $22 billion in the quarter that just ended in September. And it’s expected to be about $30 billion by this time next year.
Wall Street’s major averages trade mixed on Tuesday, paring earlier losses after the delayed November job growth data came in higher than forecasted.
However, other analysts and some top investment banks on Wall Street remain bullish about next year, believing that there's still more growth ahead for the S&P 500. Here's a look at just how high they think the index -- currently around 6,850 -- might go in 2026.
Wall Street's main indexes fell on Wednesday, with the S&P 500 and the tech-heavy Nasdaq at three-week lows as nagging worries about the artificial intelligence trade weighed on technology stocks.
Ford shifts EV strategy, takes $19.5B write-down and drops current Lightning production. Nasdaq seeks SEC nod for round-the-clock stock trading - report. Holiday shopping season ramps up.