What Wall Street is Missing About Micron's Ultra-Low Earnings Multiple
FROM THE WIRE · FINANCE.YAHOO.COM
We just published the list of the 10 Best Tech Stocks for the Next 5 Years and Micron Technology (MU) ranked 8th on this list. Big Tech just had a week investors will remember. At its low on Friday, Alphabet had lost $477 billion in market value for the week, its worst week ever…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishThe text describes heavy October losses in big tech stocks, a backdrop that may weigh on the semiconductor sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Alphabet lost $477 billion in market value during the week, its worst week ever.
- 02Most of the damage came Thursday after its third-quarter results.
- 03For October, the overall big tech loss was estimated at about $766 billion.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Micron Technology, Inc.806.93 USD-3.33%today -5.63%Neutral Alphabet Inc.291.79 USD-1.35%today +4.20%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets