Computer & Technology

Here’s Why Micron Technology Stock Jumped Today

What happened

Shares of Micron Technology (NASDAQ:MU) were trading 6.2% higher by 11:50 a.m. EST, boosted by a fresh set of guidance targets for the first quarter of fiscal year 2021. The memory chip giant’s stock had risen as much as 7.1% in earlier trading.

So what

The midpoint of Micron’s revenue guidance was boosted from $5.2 billion to $5.73 billion. Gross margins are turning out to be wider than expected. Micron’s adjusted first-quarter earnings are now seen landing near $0.71 per share, up from $0.47 per share. Analyst estimates were roughly in line with Micron’s guidance midpoints.

The new guidance figures work out to a 48% year-over-year earnings boost and revenue growth of approximately 12%.

A large number of arrows pointing upward, rendered on top of a circuit board in shades of blue.

Image source: Getty Images.

Now what

Micron’s surprisingly strong results rested mostly on huge demand from data center customers. This way, Micron taps into the rising demand for cloud-based services amid the

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A missing catalyst of blockchain adoption

When most people imagine the problems solved and industries disrupted by blockchain technology, the typical use cases come to mind: global currency, store of value and even a way to track goods on an immutable ledger.

A good starting point in understanding what drives the adoption of new technology is to take a deeper look at human psychology and understand what motivates the average person to participate in the cryptocurrency space. As of now, the lion’s share of users who participate in the space do so in the pursuit of riches, not dissimilar to that in the days of the gold rush. Hierarchy of needs creator Abraham Maslow wrote in his book:

“It is as necessary for man to live in beauty rather than ugliness as it is necessary for him to have food for an aching belly or rest for a weary body.”

While this innate drive toward wealth

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Cloud and AI: The biggest trends in personal and SMB video surveillance

Presented by SpotCam


The global pandemic has put a spotlight on personal safety and security, so it’s unsurprising that the video surveillance market is surging as well. Globally, it hit $45.5 billion this year, while AI technology, which is being integrated into video surveillance products at every price point, will hit $100 billion by the year 2025.

Both consumers and small- and medium-size businesses are increasingly looking for solutions to manage the safety and security of homes, businesses and assets. More importantly, they’re in search of solutions that incorporate sophisticated new video analytics, AI and cloud-based storage technology. Manufacturers are racing to meet the demand, according to a report by IFSEC Global. This trend will grow as the impact of the global pandemic continues to make itself felt for both employees working alone at home and the companies with empty offices.

The growth of AI-powered surveillance

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Clean Up Your Portfolio: The CTEC Renewable Tech ETF

ETF investors may want to start cleaning up their portfolios ahead of the New Year, with a clean energy technology fund in the Global X CleanTech ETF (CTEC) being one bright idea.

CTEC seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Indxx Global CleanTech Index. The fund invests at least 80% of its total assets, plus borrowings for investments purposes, in the securities of the index and in ADRs, GDRs based on the securities in the index.

The index is designed to provide exposure to exchange-listed companies that are positioned to benefit from the increased adoption of technologies focused on improving the efficiency of renewable energy production and/or mitigating the adverse environmental effects of resource consumption. Overall, the fund gives investors exposure to:

  • High Growth Potential: CTEC enables investors to access high growth potential through companies at
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Buy Backlinks DA40 From $9.ninety nine

Invest time in unpaid marketing strategies to boost your small business. Alternatively referred to as the mb, mainboard, mboard, mobo, mobd, backplane board, base board, principal circuit board, planar board, system board, or a logic board on Apple computer systems. The motherboard is a printed circuit board and foundation of a pc that is the greatest board in a computer chassis It allocates energy and allows communication to and between the CPU , RAM , and all other computer hardware elements.

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One of many major factors underpinning this pattern has been … Read More