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US economy, Micron, Amazon's $2T market cap: 3 Things

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Stock Futures,Pre-Market Trading,Wall Street Expectations

Stock futures (^DJI, ^IXIC, ^GSPC) are digesting key economic data reporting the US economy to have grown by 1.4% in 2024's first-quarter Micron Technology (...

beat fiscal third-quarter earnings resultsLet's get right to it with the three things that you need to know this Thursday morning as you prep for the trading day.Investors are digesting a fresh batch of econ.We're also looking at the labor market where 233,000 people filed for first time employment benefits last week.

The chip maker beating Wall Street's third quarter expectations driven by demand for its A I memory chips with the price drop comes and made my current quarter outlook roughly coming in line with analyst estimates disappointing investors, the results dragging stocks like NVIDIA and a lower this morning.The E commerce giant reaching a $2 trillion valuation for the first time ever on Wednesday.

 

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