MU

Walmart gets bumped by Micron.

AI memory demand helped Micron reach a $1 trillion market value for the first time.

Barclays hiked its price target for Micron to $1,175 from $675, implying an upside potential of about 28% from the current levels.

At $880, Micron Technology (NASDAQ:MU) looks priced for perfection, with the risk/reward skewed to the downside. The memory giant has roughly 9x’d off its March 2025 low near $90, crossed the $1 trillion mark this week, and now sits at a price where the math demands continued perfection from one of the most cyclical businesses ... Wall Street Thinks This AI Powerhouse Is Headed to $1.6 Trillion, But Historical Cycles Suggest It’s a Stock to Avoid Like the Plague

Micron is experiencing a powerful gamma squeeze, both stock price and implied volatility surging to elevated levels. Learn more about MU stock here.

Zscaler CEO Jay Chaudhry told Jon Fortt the stock's ~30% post-earnings plunge is a buying opportunity, defending a Q3 that beat: revenue and ARR each up 25%, a record 23% operating margin, ARR near $3.5B. He called the softer guidance 'prudent' after two sales leaders departed, and said Zscaler is pulling memory and datacenter purchases forward in an AI-driven supply crunch to secure billions of coming AI agents – pressuring free cash flow.

The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins.

Pre-Market Stock Futures: Futures are trading higher as we hit the mid-week point, as the technology-led rally continues to spiral higher. While the major indices finished the day mixed, the technology-heavy Nasdaq led the way once again, closing at a new record high of 26,656, up 1.19%, while the S&P 500 also set a new ... Here Are Wednesday’s Top Wall Street Analyst Research Calls: Agilent, Dollar General, FedEx, GE Aerospace, Hershey, Intuit, SanDisk, Workday, Zscaler, and More