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Why Wall Street Expects Micron to Crush Earnings Today — And Its Stock to Surge Again
Micron Technology (NASDAQ:MU) is scheduled to release its fiscal first-quarter earnings today after the market closes, and Wall Street is expecting nothing short of spectacular. It follows on the heels of an already impressive year that saw shares surge 176% in 2025,
The U.S. stock market is drifting following mixed data on the economy’s strength. The S&P 500 was virtually unchanged Tuesday and remains a bit below its all-time high set last week.
The valuations of some artificial intelligence companies are approaching those of the dot-com boom. But investors worry that pulling money from today’s market risks future gains.
The Nasdaq recovered on Tuesday to close higher while the S&P 500 and the Dow closed lower, impacted by declines in healthcare and energy stocks. Investors evaluated delayed economic data to gauge the Federal Reserve's monetary policy outlook for next year.
The November jobs and consumer inflation reports will continue to set expectations for interest rate cuts in 2026.