Micron (MU) Q2 earnings 2025
From CNBC
1. The U.S. economy added 943,000 jobs in July, beating expectations as the unemployment rate dropped to 5.4%. This marks a strong rebound in the labor market after several months of slower job growth.
2. Apple became the first company to reach a $3 trillion market valuation, driven by strong sales of its iPhone and other products. The tech giant’s stock has been steadily climbing, making it the most valuable company in the world.
3. Amazon reported a 27% increase in sales for the second quarter, reaching $113.1 billion. The e-commerce giant also saw a rise in profits, with net income more than doubling to $7.8 billion.
4. The Federal Reserve announced plans to start tapering its bond-buying program later this year, signaling confidence in the economy’s recovery. The central bank also left interest rates unchanged but hinted at potential rate hikes in the future.: 2025-03-20 16:27:11
Micron’s shares surged 6% in after-hours trading following second-quarter results surpassing expectations. Earnings per share were $1.56, with revenue at $8.05 billion, up 38% from last year. Data center revenue tripled, boosting optimism for the fiscal third quarter revenue of $8.8 billion and adjusted earnings of $1.57 per share. Micron’s stock was up 22% prior to the announcement.
Read more at CNBC
1. The U.S. economy added 943,000 jobs in July, beating expectations as the unemployment rate dropped to 5.4%. This marks a strong rebound in the labor market after several months of slower job growth.
2. Apple became the first company to reach a $3 trillion market valuation, driven by strong sales of its iPhone and other products. The tech giant’s stock has been steadily climbing, making it the most valuable company in the world.
3. Amazon reported a 27% increase in sales for the second quarter, reaching $113.1 billion. The e-commerce giant also saw a rise in profits, with net income more than doubling to $7.8 billion.
4. The Federal Reserve announced plans to start tapering its bond-buying program later this year, signaling confidence in the economy’s recovery. The central bank also left interest rates unchanged but hinted at potential rate hikes in the future.:: Micron (MU) Q2 earnings 2025