Positive tones as we wait on official openings 17 July
- DAX +0.3%
- FTSE +0.4%
- CAC40 +0.2%
German bund futures down 6 at 161.08
German bund futures down 6 at 161.08
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Micron's 196% revenue surge vs. Arm's premium P/E. Cyclical risks loom for MU, while ARM bets on new AI chips for long-term growth.
investingLive Asia-Pacific FX news wrap: March towards a ground war continues
ARM's new AI chip targets $15B revenue by 2031, boosting shares despite lower margins.
DPZ's 31% FCF surge & 15% dividend hike make it a buy at 21x earnings, despite competition.
Lynas Rare Earths partners LS Eco Energy for Vietnam facility, boosting downstream capacity. AUD$30M each invest.
AI startup Manus sold to Meta for $2B after rapid growth. China probes deal, citing 'selling young crops' risk.
KSS beats EPS but misses sales; trades <9x earnings. Turnaround needs sales growth to lift stock.
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