Memory chips maker Micron (NYSE:MU) reported revenue ahead of Wall Street’s expectations in Q2 CY2025, with sales up 36.6% year on year to $9.30 billion. On top of that, next quarter’s revenue guidance ($10.7 billion at the midpoint) was surprisingly good and 7.2% above what analysts were expecting. Its non-GAAP profit of $1.91 per share was 18.9% above analysts’ consensus estimates.
Office furniture manufacturer MillerKnoll (NASDAQ:MLKN) beat Wall Street’s revenue expectations in Q2 CY2025, with sales up 8.2% year on year to $961.8 million. On top of that, next quarter’s revenue guidance ($919 million at the midpoint) was surprisingly good and 3.2% above what analysts were expecting. Its non-GAAP profit of $0.60 per share was 37.4% above analysts’ consensus estimates.
PwC's prediction that the global space economy might turn into a $2 trillion market by 2040 is now not a far-off dream, and it's a call to action for thematic investors.
Bumble stock up after JPMorgan note. Analyst surprised by workforce reduction, but raised revenue outlook despite declining downloads and stagnant users.
Cryptocurrency markets are trending higher, supported by increased corporate buying and growing hope of Federal Reserve rate cuts. Meanwhile, spot Bitcoin ETFs have seen inflows for 11 straight days, further boosting market confidence.
