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Micron Technology (MU) Stock Drops 16%
On Wednesday, Micron Technology released its quarterly earnings report after the main trading session closed. The results aligned closely with analysts’ expectations: earnings per share came in at $1.79, slightly above the forecast of $1.76, while revenue met projections at $8.71 billion. Despite meeting estimates, the chipmaker issued a disappointing forecast for the next quarter,…
Starmer to say he’s ‘changed’ Labour as party rules out raising income tax or NI
Keir Starmer will declare on Monday that Labour has changed “permanently” under his stewardship, after the party ruled out raising income tax or national insurance if it wins the election. In his first keynote speech of the general election campaign, the Labour leader will seek to reassure nervous voters that transforming his party has been…
EUR/USD Plummets as Investors Shun Risk
By RoboForex Analytical Department The EUR/USD pair tumbled to 1.1569 on Friday, propelling the US dollar to a two-month high. The rally comes as investors retreat from both the euro and the yen, which have lost their appeal. The yen has depreciated roughly 4.0% against the dollar since Sanae Takaichi won the race to become…
EV Growth Faces Uncertainty Amid Policy Shifts and Election Dynamics: Bernstein By Investing.com – Forex Trader Hub
The Biden administration’s ambitious environmental agenda has significantly boosted electric vehicle (EV) adoption in the U.S., with EV penetration rising from 2.5% in 2020 to 10% in 2024 year-to-date, as per Bernstein. However, as per the equity research and trading firm, recent months have seen a slowdown in EV growth, raising concerns about meeting the…
