Last week, $MU+0.4% Micron Technology reported results:
Revenue was $4.01 billion, a 40% year-over-year decline from $6.64 billion (Q4 2022). Net loss was $1.43 billion, compared to a profit of $1.49 billion in Q4 2022.
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Last week, $MU+0.4% Micron Technology reported results:
Revenue was $4.01 billion, a 40% year-over-year decline from $6.64 billion (Q4 2022). Net loss was $1.43 billion, compared to a profit of $1.49 billion in Q4 2022.
I don't follow the Bratislava Stock Exchange at all. However, it can definitely be interesting and the elections can have an impact on it.
The slump is already visible, but still. It would still take me down to consider it.
I don't follow Polish stocks almost at all, but I know about PKN ORLEN and I see quite a nice opportunity there.
What ETFs do you have in your portfolio? I'm going DCA $SPY+0.9% and $^NDX+1.2%, but I'd like to add some European or even Asian ones might be interesting.
A lot of the talk around me lately has been $DIS+1.6% vs $NFLX+1.8%, which one has more investment potential. But today I was surprised to see that Amazon Prime Video is number one in the US with 21% of the market, while Netflix has 20%. $AMZN+2.5% is just going.
$COST+0.8% announced the results:
Net sales for the 17-week Q4 were $77.43 billion, up 9.4% year-over-year from $70.76 billion in the 16-week Q4 last year. For the 53-week fiscal year, net sales were $237.71 billion, up 6.7% year-over-year from $222.73 billion in the 52-week fiscal year 2022.
Net income for the 17-week Q4 was $2.160 billion, or $4.86 per diluted share, compared...
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We have a little bit of a drop here in the premarket. Prices are still around the peaks. Around $520, one could consider entering a position for a shorter period of time, but for an investment, the price would have to go much lower.
So it's not just $MSFT-0.1% that has resorted to a big investment in AI this year in the form of an investment in OpenAI. $AMZN+2.5% has announced that it will invest up to $4 billion in artificial intelligence startup Anthropic.
As part of the deal, Anthropic will use Amazon's custom chips in its AI software. Amazon then agreed to use its startup partner's technology in its...
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What are your energy industry representatives? I'm currently rooting for $ENPH-0.8%.
How do you see it now with Reit like $O-0.6%, will they go down as long as the Fed raises more and then theoretically when rates are cut they could go up? That means next year , when the plan so far is 2024 for the first rate cut.
I've been overbought REITs regularly lately, but I believe the stock will go even lower and then I would buy more :)
FedEx $FDX-0.5% reported results for the second quarter of fiscal year 2023.
Results:
The company reported higher earnings per share of $4.23 (GAAP) and adjusted earnings per share of $4.55 (non-GAAP) compared to $3.33 and $3.44, respectively, in the same period last year. Revenues were $21.7 billion, down $1.5 billion year-over-year.
Operating profit rose to USD 1.49 billion from...
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$ABNB+3.6% joined the S&P 500 index in early September, which shot it up more than 10%. In recent days, however, it has been gradually writing off those gains. Do you think this was a good move for the S&P500? Definitely for $ABNB+3.6%, although it's hard to say whether it will keep the % it has gained.
As others have written here, if the company will qualify, why not. Of course, I would say it was a good move and we will see how the company's stock does going forward.
$ADBE+0.7% Adobe released results for the third quarter of fiscal year 2023. The company achieved record quarterly net recurring digital media revenue growth of $464 million. Total revenue was $4.89 billion, up 10% year-over-year, or 13% in constant currencies. Net earnings per share even increased more than 20% year-over-year. Now they're also starting to dabble in AI.
I have the same approach as Matthias. It's definitely an interesting stock, but I probably don't need it in my portfolio.