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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.
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 ...
US stocks surged to close near the highs of the session on Monday after a US-China deal to temporarily slash reciprocal ...
A 90-day pause on punishing tariffs could restart trade between the world’s largest economies. But it is not enough to ...
Boeing’ stock rallies toward a 14-month high as trade deal with China fuels hope of new orders and deliveries announcements.
Investors eye more trade deals, updates from President Trump’s trip to the Middle East and fresh consumer inflation data ...
Most tech stocks are surging today after a shocking announcement from China took the market by storm this morning. Even after ...
Shares of Target rallied on Monday after the U.S. and China agreed to a temporary pullback in their tariff brinkmanship. But ...
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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