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Micron Stock Soars 7% on China Tariff News: Too Late to Buy MU Stock?
In fiscal 2025, the company expects its revenue mix with businesses headquartered in mainland China and Hong Kong to be approximately "mid-teens percent" of its worldwide revenue. Micron has a 14.9% net margin, so tariffs would’ve caused hundreds of millions in lost earnings.
Trump avoids repeating Herbert Hoover’s Smoot-Hawley tariff mistake, which led to companies slashing dividend payouts.
The “dream scenario” for tech investors helped send the S&P 500 to its highest level since early March.
U.S. stocks are leaping Monday after China and the United States announced a 90-day truce in their trade war. They agreed to ...
Investors eye more trade deals, updates from President Trump’s trip to the Middle East and fresh consumer inflation data ...
The Dow opened lower after the Consumer Price Index report showed annual inflation slowed to 2.3%, marking the lowest inflation rate since early 2021. Follow along for live updates on the Dow, S&P 500 ...
Wall Street was on track to open with losses as the initial euphoria over the 90-day truce in the U.S.-China trade war faded.
The Chinese e-commerce company reported a quarterly net income of $1.8 billion, as revenue rose 16% from a year ago to $41.5 ...
Shares of Target rallied on Monday after the U.S. and China agreed to a temporary pullback in their tariff brinkmanship. But ...
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