Micron, Nike, BlackBerry, Braze: What to Watch When the Stock Market Opens Today

  • 📰 WSJ
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 63%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Micron Technology beat analyst forecasts in quarterly results; BlackBerry earnings are due after the close. What we're watching at the opening bell.

Micron Technology rose 7.7% in premarket trading. The chip maker posted quarterly revenue of $7.7 billion, topping Wall Street estimates, and forecast $7.5 billion in revenue for the current quarter, ahead of analyst predictions.

Nvidia rose 2.5%. The chip designer has lost 15% this month after its effort to buy Arm Holdings faced a setback in the U.S. Even after that drop, the stock’s up more than a third for the final quarter of 2021.Nike rose 3.5% premarket after a mixed set of results. Revenue of $11.4 billion in the quarter ended Nov. 30 was up 1% from the same period last year. Growth was stunted by a slowdown in production and transportation of its goods around the world.

Carnival rose 1.8% in another choppy premarket session for the cruise stock, a bellwether for investor sentiment regarding the Omicron variant of coronavirus.Say this much for Oracle : When they get a line of credit, they waste no time in using it,

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Yeah! Optimistic DRAM market is forecast to be!

I’m Mike Weirsky, the lottery winner of $273m in NJ. I’m helping those who are in need with this money. Givers never lack.❤️

O-Micron

omikron już wylądował ☺️⬆️❌

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

5 things to know before the stock market opens MondayU.S. stock futures dropped Monday, heading into a holiday-shortened week filled with concern about the fast-spreading omicron Covid variant.
Source: CNBC - 🏆 12. / 72 Read more »

Nike earnings boosted by strength in North America, good pricingNike reported increased quarterly profits on higher sales in North America amid strong pricing on Monday, even as supply chain woes in Asia dented results in China and other markets.
Source: YahooNews - 🏆 380. / 59 Read more »

Media Stocks Swoon In Omicron-Induced Market SelloffStocks were flattened Monday by a wave of angst over the fast-spreading Omicron variant, exacerbated by pending interest rate hikes and economic tightening the Fed signaled last week, and after Sen…
Source: DEADLINE - 🏆 109. / 63 Read more »