September 26, 2024

By Nigam Arora & Dr. Natasha Arora

To gain an edge, this is what you need to know today.

Growing Optimism

Please click here for a chart of Micron stock (MU).

Note the following:

• The Morning Capsule is about the big picture, not an individual stock.  The chart of MU stock is being used to illustrate the point.
• In yesterday’s Morning Capsule, we wrote the following about Micron earnings in advance:

• Going into earnings, here are the key points:

  • Whisper numbers are below the consensus numbers.  This is an oddity among AI stocks.  Among AI stocks, whisper numbers have consistently been higher than consensus numbers.