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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.
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Chinese battery maker CATL is set to price its shares at HK$263 ($33.70) each and increase the size of the company's Hong ...
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 ...
Asian shares are mostly higher as a cautious sense of relief spreads through regional markets after the U.S. and China agreed ...
Investors eye more trade deals, updates from President Trump’s trip to the Middle East and fresh consumer inflation data ...
The firm, which produces content for TikTok, recorded no revenue last year, but it announced this week that a mysterious ...
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 ...
US stocks surged to close near the highs of the session on Monday after a US-China deal to temporarily slash reciprocal ...
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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.
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