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- JeetenderJeetender
  ·06-26
  What time is micron results
  Micron’s Earnings Should Get a Boost From AI Servers and PCs
  Micron Technology is expected to report robust quarterly growth as the memory chip maker benefits from a combination of improving demand for PCs and smartphones, the ebbing of excess inventory at auto
  Micron’s Earnings Should Get a Boost From AI Servers and PCs
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- JeetenderJeetender
  ·06-26
  What time is micron mu results
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- JeetenderJeetender
  ·05-31
  What time pec report release?
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- JeetenderJeetender
  ·05-31
  What time is pce USA reporting
  US April PCE Report: Key Inflation Data May Show Slowest Core Growth of the Year
  Inflation is still too high for the Fed to cut ratesA customer shops at a Target store on May 20, 2024 in Miami. Target said it plans to cut prices on thousands of products amid growing resistance to higher consumer costs.Is some good news on U.S. inflation heading our way?
  US April PCE Report: Key Inflation Data May Show Slowest Core Growth of the Year
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- JeetenderJeetender
  ·05-31
  What time is pce report
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- JeetenderJeetender
  ·04-27
  Why acmr share price going down?
  Fed’s Preferred Core Inflation Gauge Rose at Brisk Pace in March
  The Federal Reserve’s preferred gauge of underlying US inflation rose at a brisk pace in March, reinforcing concerns of persistent price pressures.The so-called core personal consumption expenditures price index, which strips out the volatile food and energy components, increased 0.3% from the prior month, data out Friday showed. From a year ago, it advanced 2.8%.The overall PCE price measure also rose 0.3% from February and 2.7% from the prior year.Inflation-adjusted consumer spending climbed a
  Fed’s Preferred Core Inflation Gauge Rose at Brisk Pace in March
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The stock has surged 64% this year and 109% over the past 12 months. But there are reasons to believe there could be higher highs ahead. The stock traded for about $140 in Tuesday’s session.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/56dc14cb5750bdf7dc3598ca56cfee38\" title=\"\" tg-width=\"868\" tg-height=\"628\"/></p><p>Analysts have been ratcheting up estimates and price targets headed into the company’s fiscal third-quarter report. Anything less than a robust beat-and-raise result could leave Wall Street disappointed. But there is reason for optimism. DRAM pricing has been rising, driven in particular by strong demand for high bandwidth memory, or HBM, used in AI servers. Micron previously said it was sold out of HBM for this year and for much of 2025.</p><p>For the quarter ended in May, Micron’s guidance called for revenue of $6.6 billion, up 76%, with non-GAAP gross margin of 26.5%, adjusted profit of 45 cents a share, and GAAP profit of 17 cents a share. Street consensus estimates as tracked by FactSet call for $6.67 billion in revenue and 48 cents in adjusted profit.</p><p>For the quarter ending in August, Street consensus calls for $7.59 billion in revenue, up 89%, with profit on an adjusted basis of $1.02 a share.</p><p>For the fiscal year ending in August, consensus calls for revenue of $37.3 billion, up 50%, with a profit of $9.01 a share. Wall Street sees fiscal 2025 revenue of $43.1 billion, which would be up 16%, with profit of $12.04 a share.</p><p>In reporting February quarter results, CEO Sanjay Mehrotra said Micron should be “one of the biggest beneficiaries in the semiconductor industry of this multi-year growth opportunity driven by AI.” And investors and analysts believe what he’s saying.</p><p>In a note previewing the quarterly report, Wolfe Research analyst Chris Caso repeated his Outperform rating on Micron shares and boosted his target price to $200 from $150. He lifted his earnings estimates, citing “stronger industry conditions and optimism regarding HBM.” Caso sees a case where Micron eventually hits a profit of $20 a share, with demand for HBM driving up pricing for conventional DRAM. “The plausibility of that scenario is what keeps us bullish on MU’s stock despite its recent run,” Caso writes.</p><p>Raymond James analyst Srini Pajjuri likewise reiterated his Outperform on Micron shares, while boosting his target to $160 from $130. He expects Micron to report “a beat and raise on pricing strength,” offsetting the volume impact from the recent Taiwan earthquake that affected some of Micron’s production facilities. “We expect memory industry supply/demand balance to remain tight through the year, driving double-digit [sequential] price increases in both markets,” he writes.</p><p>In his preview of the quarter, Citi analyst Christopher Danely confirmed his Buy rating on Micron stock while upping his target to $175 from $150. The stock remains his top pick. “We expect the company to post results and guidance above consensus given the DRAM upturn and Micron’s increasing AI memory exposure,” he writes. “Micron should continue to trade at a premium to its historical range given AI exposure.”</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Micron’s Earnings Should Get a Boost From AI Servers and PCs</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMicron’s Earnings Should Get a Boost From AI Servers and PCs\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1012688067\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-06-26 16:05</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><strong>Micron Technology is set to release its third-quarter earnings report for the 2024 fiscal year after the bell on Wednesday.</strong></p><p>Micron Technology is expected to report robust quarterly growth as the memory chip maker benefits from a combination of improving demand for PCs and smartphones, the ebbing of excess inventory at automotive and industrial customers, and a demand surge tied to artificial intelligence.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/c6d6a1b67c9aaaeee9464a18fb7b254b\" title=\"Micron shares have more than doubled over the past year.\" tg-width=\"951\" tg-height=\"635\"/><span>Micron shares have more than doubled over the past year.</span></p><p style=\"text-align: start;\">Micron is a beneficiary of both accelerating demand for memory-hungry AI servers and the emergence of AI-capable PCs and smartphones that require more memory than their current generation counterparts.</p><p>Micron shares gained 3.1% in premarket trading Wednesday. The stock has surged 64% this year and 109% over the past 12 months. But there are reasons to believe there could be higher highs ahead. The stock traded for about $140 in Tuesday’s session.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/56dc14cb5750bdf7dc3598ca56cfee38\" title=\"\" tg-width=\"868\" tg-height=\"628\"/></p><p>Analysts have been ratcheting up estimates and price targets headed into the company’s fiscal third-quarter report. Anything less than a robust beat-and-raise result could leave Wall Street disappointed. But there is reason for optimism. DRAM pricing has been rising, driven in particular by strong demand for high bandwidth memory, or HBM, used in AI servers. Micron previously said it was sold out of HBM for this year and for much of 2025.</p><p>For the quarter ended in May, Micron’s guidance called for revenue of $6.6 billion, up 76%, with non-GAAP gross margin of 26.5%, adjusted profit of 45 cents a share, and GAAP profit of 17 cents a share. Street consensus estimates as tracked by FactSet call for $6.67 billion in revenue and 48 cents in adjusted profit.</p><p>For the quarter ending in August, Street consensus calls for $7.59 billion in revenue, up 89%, with profit on an adjusted basis of $1.02 a share.</p><p>For the fiscal year ending in August, consensus calls for revenue of $37.3 billion, up 50%, with a profit of $9.01 a share. Wall Street sees fiscal 2025 revenue of $43.1 billion, which would be up 16%, with profit of $12.04 a share.</p><p>In reporting February quarter results, CEO Sanjay Mehrotra said Micron should be “one of the biggest beneficiaries in the semiconductor industry of this multi-year growth opportunity driven by AI.” And investors and analysts believe what he’s saying.</p><p>In a note previewing the quarterly report, Wolfe Research analyst Chris Caso repeated his Outperform rating on Micron shares and boosted his target price to $200 from $150. He lifted his earnings estimates, citing “stronger industry conditions and optimism regarding HBM.” Caso sees a case where Micron eventually hits a profit of $20 a share, with demand for HBM driving up pricing for conventional DRAM. “The plausibility of that scenario is what keeps us bullish on MU’s stock despite its recent run,” Caso writes.</p><p>Raymond James analyst Srini Pajjuri likewise reiterated his Outperform on Micron shares, while boosting his target to $160 from $130. He expects Micron to report “a beat and raise on pricing strength,” offsetting the volume impact from the recent Taiwan earthquake that affected some of Micron’s production facilities. “We expect memory industry supply/demand balance to remain tight through the year, driving double-digit [sequential] price increases in both markets,” he writes.</p><p>In his preview of the quarter, Citi analyst Christopher Danely confirmed his Buy rating on Micron stock while upping his target to $175 from $150. The stock remains his top pick. “We expect the company to post results and guidance above consensus given the DRAM upturn and Micron’s increasing AI memory exposure,” he writes. “Micron should continue to trade at a premium to its historical range given AI exposure.”</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MU":"美光科技"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103661889","content_text":"Micron Technology is set to release its third-quarter earnings report for the 2024 fiscal year after the bell on Wednesday.Micron Technology is expected to report robust quarterly growth as the memory chip maker benefits from a combination of improving demand for PCs and smartphones, the ebbing of excess inventory at automotive and industrial customers, and a demand surge tied to artificial intelligence.Micron shares have more than doubled over the past year.Micron is a beneficiary of both accelerating demand for memory-hungry AI servers and the emergence of AI-capable PCs and smartphones that require more memory than their current generation counterparts.Micron shares gained 3.1% in premarket trading Wednesday. The stock has surged 64% this year and 109% over the past 12 months. But there are reasons to believe there could be higher highs ahead. The stock traded for about $140 in Tuesday’s session.Analysts have been ratcheting up estimates and price targets headed into the company’s fiscal third-quarter report. Anything less than a robust beat-and-raise result could leave Wall Street disappointed. But there is reason for optimism. DRAM pricing has been rising, driven in particular by strong demand for high bandwidth memory, or HBM, used in AI servers. Micron previously said it was sold out of HBM for this year and for much of 2025.For the quarter ended in May, Micron’s guidance called for revenue of $6.6 billion, up 76%, with non-GAAP gross margin of 26.5%, adjusted profit of 45 cents a share, and GAAP profit of 17 cents a share. Street consensus estimates as tracked by FactSet call for $6.67 billion in revenue and 48 cents in adjusted profit.For the quarter ending in August, Street consensus calls for $7.59 billion in revenue, up 89%, with profit on an adjusted basis of $1.02 a share.For the fiscal year ending in August, consensus calls for revenue of $37.3 billion, up 50%, with a profit of $9.01 a share. Wall Street sees fiscal 2025 revenue of $43.1 billion, which would be up 16%, with profit of $12.04 a share.In reporting February quarter results, CEO Sanjay Mehrotra said Micron should be “one of the biggest beneficiaries in the semiconductor industry of this multi-year growth opportunity driven by AI.” And investors and analysts believe what he’s saying.In a note previewing the quarterly report, Wolfe Research analyst Chris Caso repeated his Outperform rating on Micron shares and boosted his target price to $200 from $150. He lifted his earnings estimates, citing “stronger industry conditions and optimism regarding HBM.” Caso sees a case where Micron eventually hits a profit of $20 a share, with demand for HBM driving up pricing for conventional DRAM. “The plausibility of that scenario is what keeps us bullish on MU’s stock despite its recent run,” Caso writes.Raymond James analyst Srini Pajjuri likewise reiterated his Outperform on Micron shares, while boosting his target to $160 from $130. He expects Micron to report “a beat and raise on pricing strength,” offsetting the volume impact from the recent Taiwan earthquake that affected some of Micron’s production facilities. “We expect memory industry supply/demand balance to remain tight through the year, driving double-digit [sequential] price increases in both markets,” he writes.In his preview of the quarter, Citi analyst Christopher Danely confirmed his Buy rating on Micron stock while upping his target to $175 from $150. The stock remains his top pick. “We expect the company to post results and guidance above consensus given the DRAM upturn and Micron’s increasing AI memory exposure,” he writes. “Micron should continue to trade at a premium to its historical range given AI exposure.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":148,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4103098567757190","authorId":"4103098567757190","name":"Option Witch","avatar":"https://community-static.tradeup.com/news/7471350466f20d36ee3112d77c72cd89","crmLevel":1,"crmLevelSwitch":0,"idStr":"4103098567757190","authorIdStr":"4103098567757190"},"content":"Micron Technology is set to release its third-quarter earnings report for the 2024 fiscal year after the bell on Wednesday.","text":"Micron Technology is set to release its third-quarter earnings report for the 2024 fiscal year after the bell on Wednesday.","html":"Micron Technology is set to release its third-quarter earnings report for the 2024 fiscal year after the bell on Wednesday."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":320986108338224,"gmtCreate":1719389360461,"gmtModify":1719389363910,"author":{"id":"4174029406964732","authorId":"4174029406964732","name":"Jeetender","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4174029406964732","authorIdStr":"4174029406964732"},"themes":[],"htmlText":"What time is micron mu results&nbsp;","listText":"What time is micron mu results&nbsp;","text":"What time is micron mu results","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/320986108338224","repostId":"1103661889","repostType":2,"isVote":1,"tweetType":1,"viewCount":45,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":311797612097752,"gmtCreate":1717148198573,"gmtModify":1717148827307,"author":{"id":"4174029406964732","authorId":"4174029406964732","name":"Jeetender","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4174029406964732","authorIdStr":"4174029406964732"},"themes":[],"htmlText":"What time pec report release?","listText":"What time pec report release?","text":"What time pec report release?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/311797612097752","repostId":"2439622337","repostType":2,"isVote":1,"tweetType":1,"viewCount":114,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":311797308829736,"gmtCreate":1717148155929,"gmtModify":1717148827811,"author":{"id":"4174029406964732","authorId":"4174029406964732","name":"Jeetender","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4174029406964732","authorIdStr":"4174029406964732"},"themes":[],"htmlText":"What time is pce USA reporting&nbsp;","listText":"What time is pce USA reporting&nbsp;","text":"What time is pce USA reporting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/311797308829736","repostId":"2439622337","repostType":2,"repost":{"id":"2439622337","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1717147800,"share":"https://ttm.financial/m/news/2439622337?lang=&edition=fundamental","pubTime":"2024-05-31 17:30","market":"us","language":"en","title":"US April PCE Report: Key Inflation Data May Show Slowest Core Growth of the Year","url":"https://stock-news.laohu8.com/highlight/detail?id=2439622337","media":"Dow Jones","summary":"Inflation is still too high for the Fed to cut ratesA customer shops at a Target store on May 20, 2024 in Miami. Target said it plans to cut prices on thousands of products amid growing resistance to higher consumer costs.Is some good news on U.S. inflation heading our way?","content":"<html><head></head><body><p>Inflation is still too high for the Fed to cut rates</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/599d7502b82b3d2334a7b08e54b064dd\" title=\"A customer shops at a Target store on May 20, 2024 in Miami. Target said it plans to cut prices on thousands of products amid growing resistance to higher consumer costs.\" tg-width=\"928\" tg-height=\"614\"/><span>A customer shops at a Target store on May 20, 2024 in Miami. Target said it plans to cut prices on thousands of products amid growing resistance to higher consumer costs.</span></p><p>Is some good news on U.S. inflation heading our way? Wall Street is banking on a slowdown in prices in a key inflation report for April on <strong>Friday (8:30 a.m. ET)</strong> that could help stem a recent downdraft in the stock market.</p><p style=\"text-align: start;\">The PCE index is forecast to show a 0.3% increase when the April figures are reported on Friday morning. Some analysts have even penciled in a smaller 0.2% increase.</p><p>The PCE is the Federal Reserve’s preferred price barometer because it’s the most comprehensive measure of inflation. The index posted a surprising surge in the first three months of the year and forced the Fed to postpone plans to cut interest rates.</p><p>More crucially, investors are paying close attention to the so-called core rate of inflation that strips out food and energy. The Fed views the core rate as a better predictor of what future inflation will look like.</p><p>The core rate is forecast to rise a milder 0.2%, which would be the smallest increase so far in 2024.</p><p>If the forecasts are spot on, the yearly rate of increase in the PCE index could slip to 2.6% from 2.7%. That’s not a very far from the Fed’s goal of 2% annual inflation.</p><p>The increase in the core rate over the past year could dip to 2.7% from 2.8% and touch the lowest level in more than three years.</p><p style=\"text-align: start;\">By contrast, the better known consumer price index showed a 3.4% increase in the 12 months ended in April.</p><p style=\"text-align: start;\">Don’t expect any huge surprises in the PCE report. The index seldom veers much from Wall Street forecasts because so much of the report is derived from previously reported data.</p><p>Still, even a more benign PCE inflation report for April is not expected to raise the odds of the Fed cutting interest rates soon.</p><p>Fed officials have been disappointed by the spike in inflation in early 2024 and are likely to wait until mid or late summer before reducing rates. And only if inflation continues to slow.</p><p style=\"text-align: start;\">The increase in inflation in the first three months of the year, if viewed as an annual rate, is actually running above 3%. The Fed wants to see the annualized three-month rate drop below 3% before its worries about inflation begin to ease.</p><p style=\"text-align: start;\">“Regardless of how one opts to look at the data, we think the bigger issue is that there are still considerable inflation pressures in the pipeline,” said chief economist Richard Moody of Regions Financial.</p><p style=\"text-align: start;\">Also in the inflation report, Wall Street will be watching consumer spending closely. It’s forecast to show a mild 0.3% increase.</p><p style=\"text-align: start;\">Consumer spending slowed to a 2% annual pace in the first quarter from 3%-plus growth in each of the final two quarters of 2023, suggesting the economy has lost some momentum.</p><p style=\"text-align: start;\">A slower economy, however, could further ease the upward pressure on inflation and pave the way for Fed rate cuts.</p><p style=\"text-align: start;\">Lower borrowing costs would offer big financial relief to home and car buyers and businesses seeking to invest.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US April PCE Report: Key Inflation Data May Show Slowest Core Growth of the Year</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS April PCE Report: Key Inflation Data May Show Slowest Core Growth of the Year\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-05-31 17:30</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Inflation is still too high for the Fed to cut rates</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/599d7502b82b3d2334a7b08e54b064dd\" title=\"A customer shops at a Target store on May 20, 2024 in Miami. Target said it plans to cut prices on thousands of products amid growing resistance to higher consumer costs.\" tg-width=\"928\" tg-height=\"614\"/><span>A customer shops at a Target store on May 20, 2024 in Miami. Target said it plans to cut prices on thousands of products amid growing resistance to higher consumer costs.</span></p><p>Is some good news on U.S. inflation heading our way? Wall Street is banking on a slowdown in prices in a key inflation report for April on <strong>Friday (8:30 a.m. ET)</strong> that could help stem a recent downdraft in the stock market.</p><p style=\"text-align: start;\">The PCE index is forecast to show a 0.3% increase when the April figures are reported on Friday morning. Some analysts have even penciled in a smaller 0.2% increase.</p><p>The PCE is the Federal Reserve’s preferred price barometer because it’s the most comprehensive measure of inflation. The index posted a surprising surge in the first three months of the year and forced the Fed to postpone plans to cut interest rates.</p><p>More crucially, investors are paying close attention to the so-called core rate of inflation that strips out food and energy. The Fed views the core rate as a better predictor of what future inflation will look like.</p><p>The core rate is forecast to rise a milder 0.2%, which would be the smallest increase so far in 2024.</p><p>If the forecasts are spot on, the yearly rate of increase in the PCE index could slip to 2.6% from 2.7%. That’s not a very far from the Fed’s goal of 2% annual inflation.</p><p>The increase in the core rate over the past year could dip to 2.7% from 2.8% and touch the lowest level in more than three years.</p><p style=\"text-align: start;\">By contrast, the better known consumer price index showed a 3.4% increase in the 12 months ended in April.</p><p style=\"text-align: start;\">Don’t expect any huge surprises in the PCE report. The index seldom veers much from Wall Street forecasts because so much of the report is derived from previously reported data.</p><p>Still, even a more benign PCE inflation report for April is not expected to raise the odds of the Fed cutting interest rates soon.</p><p>Fed officials have been disappointed by the spike in inflation in early 2024 and are likely to wait until mid or late summer before reducing rates. And only if inflation continues to slow.</p><p style=\"text-align: start;\">The increase in inflation in the first three months of the year, if viewed as an annual rate, is actually running above 3%. The Fed wants to see the annualized three-month rate drop below 3% before its worries about inflation begin to ease.</p><p style=\"text-align: start;\">“Regardless of how one opts to look at the data, we think the bigger issue is that there are still considerable inflation pressures in the pipeline,” said chief economist Richard Moody of Regions Financial.</p><p style=\"text-align: start;\">Also in the inflation report, Wall Street will be watching consumer spending closely. It’s forecast to show a mild 0.3% increase.</p><p style=\"text-align: start;\">Consumer spending slowed to a 2% annual pace in the first quarter from 3%-plus growth in each of the final two quarters of 2023, suggesting the economy has lost some momentum.</p><p style=\"text-align: start;\">A slower economy, however, could further ease the upward pressure on inflation and pave the way for Fed rate cuts.</p><p style=\"text-align: start;\">Lower borrowing costs would offer big financial relief to home and car buyers and businesses seeking to invest.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2439622337","content_text":"Inflation is still too high for the Fed to cut ratesA customer shops at a Target store on May 20, 2024 in Miami. Target said it plans to cut prices on thousands of products amid growing resistance to higher consumer costs.Is some good news on U.S. inflation heading our way? Wall Street is banking on a slowdown in prices in a key inflation report for April on Friday (8:30 a.m. ET) that could help stem a recent downdraft in the stock market.The PCE index is forecast to show a 0.3% increase when the April figures are reported on Friday morning. Some analysts have even penciled in a smaller 0.2% increase.The PCE is the Federal Reserve’s preferred price barometer because it’s the most comprehensive measure of inflation. The index posted a surprising surge in the first three months of the year and forced the Fed to postpone plans to cut interest rates.More crucially, investors are paying close attention to the so-called core rate of inflation that strips out food and energy. The Fed views the core rate as a better predictor of what future inflation will look like.The core rate is forecast to rise a milder 0.2%, which would be the smallest increase so far in 2024.If the forecasts are spot on, the yearly rate of increase in the PCE index could slip to 2.6% from 2.7%. That’s not a very far from the Fed’s goal of 2% annual inflation.The increase in the core rate over the past year could dip to 2.7% from 2.8% and touch the lowest level in more than three years.By contrast, the better known consumer price index showed a 3.4% increase in the 12 months ended in April.Don’t expect any huge surprises in the PCE report. The index seldom veers much from Wall Street forecasts because so much of the report is derived from previously reported data.Still, even a more benign PCE inflation report for April is not expected to raise the odds of the Fed cutting interest rates soon.Fed officials have been disappointed by the spike in inflation in early 2024 and are likely to wait until mid or late summer before reducing rates. And only if inflation continues to slow.The increase in inflation in the first three months of the year, if viewed as an annual rate, is actually running above 3%. The Fed wants to see the annualized three-month rate drop below 3% before its worries about inflation begin to ease.“Regardless of how one opts to look at the data, we think the bigger issue is that there are still considerable inflation pressures in the pipeline,” said chief economist Richard Moody of Regions Financial.Also in the inflation report, Wall Street will be watching consumer spending closely. It’s forecast to show a mild 0.3% increase.Consumer spending slowed to a 2% annual pace in the first quarter from 3%-plus growth in each of the final two quarters of 2023, suggesting the economy has lost some momentum.A slower economy, however, could further ease the upward pressure on inflation and pave the way for Fed rate cuts.Lower borrowing costs would offer big financial relief to home and car buyers and businesses seeking to invest.","news_type":1},"isVote":1,"tweetType":1,"viewCount":204,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":311797198573632,"gmtCreate":1717148096343,"gmtModify":1717148827609,"author":{"id":"4174029406964732","authorId":"4174029406964732","name":"Jeetender","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4174029406964732","authorIdStr":"4174029406964732"},"themes":[],"htmlText":"What time is pce report","listText":"What time is pce report","text":"What time is pce report","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/311797198573632","repostId":"2439622337","repostType":2,"isVote":1,"tweetType":1,"viewCount":174,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":299574142308568,"gmtCreate":1714157733276,"gmtModify":1714158075779,"author":{"id":"4174029406964732","authorId":"4174029406964732","name":"Jeetender","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4174029406964732","authorIdStr":"4174029406964732"},"themes":[],"htmlText":"Why acmr share price going down?","listText":"Why acmr share price going down?","text":"Why acmr share price going down?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/299574142308568","repostId":"1114834744","repostType":2,"repost":{"id":"1114834744","kind":"news","pubTimestamp":1714134600,"share":"https://ttm.financial/m/news/1114834744?lang=&edition=fundamental","pubTime":"2024-04-26 20:30","market":"us","language":"en","title":"Fed’s Preferred Core Inflation Gauge Rose at Brisk Pace in March","url":"https://stock-news.laohu8.com/highlight/detail?id=1114834744","media":"Bloomberg","summary":"The Federal Reserve’s preferred gauge of underlying US inflation rose at a brisk pace in March, reinforcing concerns of persistent price pressures.The so-called core personal consumption expenditures price index, which strips out the volatile food and energy components, increased 0.3% from the prior month, data out Friday showed. From a year ago, it advanced 2.8%.The overall PCE price measure also rose 0.3% from February and 2.7% from the prior year.Inflation-adjusted consumer spending climbed a","content":"<html><head></head><body><ul style=\"\"><li><p>Core PCE price index, overall measure both came in as expected</p></li><li><p>Wages rose 0.7% for a second month, supporting spending</p></li></ul><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/5a0ba821205a0e03859dc637a6d7e770\" alt=\"The Federal Reserve building in Washington, DC.\" title=\"The Federal Reserve building in Washington, DC.\" tg-width=\"3000\" tg-height=\"1863\"/><span>The Federal Reserve building in Washington, DC.</span></p><p style=\"text-align: start;\">The Federal Reserve’s preferred gauge of underlying US inflation rose at a brisk pace in March, reinforcing concerns of persistent price pressures that are likely to delay any interest-rate cuts.</p><p style=\"text-align: start;\">The so-called core personal consumption expenditures price index, which strips out the volatile food and energy components, increased 0.3% from the prior month, data out Friday showed. From a year ago, it advanced 2.8%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/0b1c53553e1ddd18809991292abbcffe\" tg-width=\"931\" tg-height=\"572\"/></p><p style=\"text-align: start;\">The overall PCE price measure also rose 0.3% from February and 2.7% from the prior year.</p><p style=\"text-align: start;\">Inflation-adjusted consumer spending climbed a larger-than-forecast 0.5%, the biggest gain this year.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/5055147abbb99da465e54948a1a7fc73\" title=\"\" tg-width=\"948\" tg-height=\"426\"/></p><p>Faster inflation in the first quarter, combined with steady household spending, will likely persuade Fed policymakers to refrain from lowering interest rates — if at all — until later this year. Officials meeting next week are expected to hold borrowing costs at a two-decade high.</p><p>“There’s both a story here about the economy holding up very well with high interest rates, as well as inflation pressures being persistent,” Bruce Kasman, chief economist at JPMorgan Chase &amp; Co., said on Bloomberg Television. “And while I don’t think it’s right to talk about this from the point of view of Fed tightening, I think the case for Fed easing here is pretty small any time soon.”</p><p style=\"text-align: start;\">Traders mostly reacted positively as investors took relief from in-line monthly inflation data after quarterly figures on Thursday suggested upside risk to March.</p><p>Central bankers pay close attention to services inflation excluding housing and energy, which tends to be more sticky. That metric climbed 0.4% from February, an acceleration from the prior month, according to the BEA.</p><p style=\"text-align: start;\">A robust labor market is the main reason why households have yet to hit the brakes on spending in the face of high interest rates and elevated prices.</p><h3 id=\"id_1886711730\" style=\"text-align: start;\">Consumer Spending</h3><p style=\"text-align: start;\">Inflation-adjusted outlays for merchandise increased 1.1% last month, reflecting a second-straight month of solid spending on durable goods. Services spending, meanwhile, edged up 0.2%.</p><p style=\"text-align: start;\">Demand for workers is still healthy, supporting wage growth. Overall incomes increased 0.5%, as wages and salaries rose 0.7% for a second month. That was the strongest back-to-back gain since the start of last year.</p><p style=\"text-align: start;\">The saving rate dropped to 3.2%, the lowest since October 2022.</p><p style=\"text-align: start;\">Looking ahead, central bankers are still hopeful they can bring inflation down to their 2% target without breaking the economy.</p><p>A separate report out Thursday showed that slower economic growth in the first quarter masked resilient household demand and business spending.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Fed’s Preferred Core Inflation Gauge Rose at Brisk Pace in March</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFed’s Preferred Core Inflation Gauge Rose at Brisk Pace in March\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-26 20:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2024-04-26/fed-s-preferred-core-inflation-gauge-rose-at-brisk-pace-in-march><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Core PCE price index, overall measure both came in as expectedWages rose 0.7% for a second month, supporting spendingThe Federal Reserve building in Washington, DC.The Federal Reserve’s preferred ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2024-04-26/fed-s-preferred-core-inflation-gauge-rose-at-brisk-pace-in-march\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.bloomberg.com/news/articles/2024-04-26/fed-s-preferred-core-inflation-gauge-rose-at-brisk-pace-in-march","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1114834744","content_text":"Core PCE price index, overall measure both came in as expectedWages rose 0.7% for a second month, supporting spendingThe Federal Reserve building in Washington, DC.The Federal Reserve’s preferred gauge of underlying US inflation rose at a brisk pace in March, reinforcing concerns of persistent price pressures that are likely to delay any interest-rate cuts.The so-called core personal consumption expenditures price index, which strips out the volatile food and energy components, increased 0.3% from the prior month, data out Friday showed. From a year ago, it advanced 2.8%.The overall PCE price measure also rose 0.3% from February and 2.7% from the prior year.Inflation-adjusted consumer spending climbed a larger-than-forecast 0.5%, the biggest gain this year.Faster inflation in the first quarter, combined with steady household spending, will likely persuade Fed policymakers to refrain from lowering interest rates — if at all — until later this year. Officials meeting next week are expected to hold borrowing costs at a two-decade high.“There’s both a story here about the economy holding up very well with high interest rates, as well as inflation pressures being persistent,” Bruce Kasman, chief economist at JPMorgan Chase & Co., said on Bloomberg Television. “And while I don’t think it’s right to talk about this from the point of view of Fed tightening, I think the case for Fed easing here is pretty small any time soon.”Traders mostly reacted positively as investors took relief from in-line monthly inflation data after quarterly figures on Thursday suggested upside risk to March.Central bankers pay close attention to services inflation excluding housing and energy, which tends to be more sticky. That metric climbed 0.4% from February, an acceleration from the prior month, according to the BEA.A robust labor market is the main reason why households have yet to hit the brakes on spending in the face of high interest rates and elevated prices.Consumer SpendingInflation-adjusted outlays for merchandise increased 1.1% last month, reflecting a second-straight month of solid spending on durable goods. Services spending, meanwhile, edged up 0.2%.Demand for workers is still healthy, supporting wage growth. Overall incomes increased 0.5%, as wages and salaries rose 0.7% for a second month. That was the strongest back-to-back gain since the start of last year.The saving rate dropped to 3.2%, the lowest since October 2022.Looking ahead, central bankers are still hopeful they can bring inflation down to their 2% target without breaking the economy.A separate report out Thursday showed that slower economic growth in the first quarter masked resilient household demand and business spending.","news_type":1},"isVote":1,"tweetType":1,"viewCount":133,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}