Micron now sees FY2024 capital expenditures at $8 billion versus $7 billion previously
globalreutersMay 21, 20241 Mins read In premarket news, Micron as an asset fiscal year 2024 capital expenditures will be $8 billion versus previous forecast of $7 billion.
Recall how Meta Platform announced that their capital expenditures were to be higher than expected and the market reacted negatively. The market is currently reacting negatively to the micron news with the stock now markdown $2.30 or -1.72%
This article was written by Greg Michalowski at www.forexlive.com.
Recent Posts
Categories
Related Articles
USDJPY bounces off 100 bar MA on the 4-hour chart. Can the buyers keep the momentum?
The USD/JPY pair moved lower during the morning U.S. session but found...
More from Goolsbee: Feels like we are heading to 2% inflation
Feel like we're headed to 2% inflation.Neutral is a long way below...
USDCHF moves above converged 100 and 200 hour MAs and rockets higher
Earlier today, I posted:USDCHF: The USDCHF held resistance at the 100-hour moving...
Matt Gaetz withdraws name for Attorney General nomination
This article was written by Greg Michalowski at www.forexlive.com.
Leave a comment