S&P 500 gainers on the year. And there could be much more upside in store, according to New Street Research analysts led by Pierre Ferragu, who named the stock one of his top picks for 2025 on Wednesday.
Wall Street is off to a volatile start in 2025, with investors stepping on the sell pedal after last week's jobs data, followed by a sharp about turn in sentiment following Wednesday's consumer inflation figures.
The S&P 500 added 0.6% on Monday, Jan. 6, led by a surge in semiconductor stocks as the first full week of the new year got underway.
Micron (NASDAQ: MU) stock is making gains in Tuesday's trading. The memory technologies company's share price was up 6.1% as of 11:15 a.m. ET, despite the S&P 500 (SNPINDEX: ^GSPC) being down 0.4% and the Nasdaq Composite (NASDAQINDEX: ^IXIC) down 1.
S&P 500 slides 0.6% as Palantir drops 4% and Moderna tumbles 23%. Rising Treasury yields and upcoming CPI data keep traders on edge.
After an underwhelming end to last year, Micron Technology Inc. shares have been hot to start 2025, rising 18% to lead S&P 500 gainers on the year. And there could be much more upside in store ...
Micron Technology Inc. shares have been hot to start 2025, rising 18% to lead S&P 500 gainers on the year. And there could be much more upside in store, according to New Street Research analysts ...