To The Moon

Micron Technology, a leading semiconductor company, recently announced its financial results for the second quarter of fiscal year 2023 ending on March 2nd. The report revealed that the company's revenue for the quarter was $3.693 billion, a 9.6% decrease from the previous quarter's $4.085 billion and a significant 52.6% decline from the same period last year when the revenue was $7.786 billion. The net loss for the quarter was $2.312 billion, a sharp contrast from the previous quarter's net loss of $195 million and last year's net profit of $2.263 billion. Micron's diluted loss per share was $2.12, compared to the previous quarter's loss per share of $0.18 and last year's earnings per share of $2.00. Operating expenses for the quarter were $1.097 billion, a 0.5% decrease from the previous

Microsoft (NASDAQ:MSFT$Microsoft(MSFT)$ ) is often considered a bellwether for the tech sector and that is evident in its resilient stock price amidst the tech crash. Despite its latest quarter showing decelerating growth and guiding for more of thesame, investors have remained loyal - why? It appears that investors are willing to overlook modest growth expectations in the near term on account of the diversified product portfolio, robust cash flows, and generous return of cash to shareholders. MSFT stock may not look obviously cheap, but I expect the ongoing share repurchases and growing dividends to lead to multiple expansion over the long term as the company works through a tough macro environment.MSFT Stock PriceMSFT stock has fallen slightly f

Jeff Mills, Bryn Mawr Trust CIO, joins 'Power Lunch' to break down three major calls released today on a Three-Stock Lunch featuring Disney, Amazon and Bank of America.$Walt Disney(DIS)$ $Amazon.com(AMZN)$ $Bank of America(BAC)$