@Samlunch:$Micron Technology(MU)$ BREAKING: Micron stock, $MU, is officially trading above its July 2000 peak for the 2nd time in history. Micron is trading in all time high territory, 15% above its Dot-com bubble peak, after reporting strong earnings. The company reported that revenue rose to $5.8 billion from $3.7 billion due to AI demand. It also saw a massive swing in net income going from a $2.3 billion loss to a $793 million gain. $MU is officially worth over $100 billion by market cap. The AI boom is thriving. Chip stocks are up sharply across the board after Micron's earnings. We are set to see major market indices open in all time high territory. Market euphoria is alive and well as we have seen since October 2023.
@Happy returns:$Tesla Motors(TSLA)$Cheaper n better...talk about competitor. Where batteries cost is concerned...the economics of scale will prevail since it has Ebus , vans n taxis...in its make....they can get lithium at a better price when they re buying at a bigger bulk...of it include those batteries they are selling to tesla as well.
@Happy returns:$Tesla Motors(TSLA)$Cheaper n better...talk about competitor. Where batteries cost is concerned...the economics of scale will prevail since it has Ebus , vans n taxis...in its make....they can get lithium at a better price when they re buying at a bigger bulk...of it include those batteries they are selling to tesla as well.