FOMC Release And Micron Earnings Preview: Macro And Micro
Portfolio Pulse from
The FOMC is expected to announce a new fed funds rate between 4.25% and 4.50%. Micron Technology is set to report its fiscal Q1 '25 results and is developing a new HBM3E chip for AI computing. Micron's stock is poised to trade above its 200-day moving average.
December 18, 2024 | 6:45 pm
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Micron Technology is set to report its fiscal Q1 '25 results and is developing a new HBM3E chip for AI computing. The stock is poised to trade above its 200-day moving average.
Micron's upcoming earnings report and its development of a new AI chip are positive indicators. The stock trading above its 200-day moving average suggests potential upward momentum.
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