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Global Markets & Equities Just now (01:50 PM IST)

Micron’s Blowout Quarter Fails to Lift Shares as Investors Fixate on Memory Cycle Risks

Micron Technology delivered a strong earnings beat and upbeat guidance, powered by a sharp surge in data-center demand, yet the stock barely moved as investors looked past the headline numbers. The muted reaction reflects a market wrestling with whether exceptional margins, heavy AI-linked spending and the memory industry’s boom-bust history can coexist without setting up a future downturn.

By RDU Global Wire5 min read

World Politics & Diplomacy9h ago

Berkshire Nearly Doubles Lennar Stake as Buffett-Backed Bet on Housing Slump Deepens

Berkshire Hathaway has nearly doubled its stake in Lennar, signaling a larger wager on a long-term recovery in the U.S. housing market even as the homebuilder faces weakening demand, softer revenue and higher mortgage rates. The move lifted Berkshire's holding to about 10.9% of Lennar's shares, triggering rapid SEC disclosure requirements after the stake crossed the 10% insider threshold.

5 min readRead →

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Washington, D.C.(1)Micron Technology(1)Micron CEO(1)CNBC(1)