The market (^DJI, ^IXIC, ^GSPC) is heading into its final trading hour on Tuesday, but the headlines keep coming. Market Domination Hosts Seana Smith and Josh Lipton detail the biggest industry stories and stock movements ahead of the closing bell. Market Domination welcomes Barron's associate editor Al Root to discuss Boeing's (BA) latest legal obstacle as it faces potential charges from Department of Justice (DOJ) officials. Sanders Morris Harris chairman George Ball later joins the show to elaborate why he believes the US economy isn't a textbook case of being in a Goldilocks environment, but is actually reflective of a "Winnie the Pooh" environment. The top trending tickers on the Yahoo Finance platform this hour include Eli Lilly (LLY) and Novo Nordisk (NVO); Archer Aviation (ACHR); Paramount Global (PARA); and Nikola (NKLA). This post was written by Luke Carberry Mogan.
Analysts expect Micron earnings to rebound strongly in fiscal 2024, ending in August, from a collapse in 2023. Micron stock earns a Composite Rating of 96 and RS Rating of 96, both out of a best-possible 99.
Gains among tech giants Super Micro Computer (SMCI), NVIDIA (NVDA) and Micron Technology (MU) helped the S&P 500 to post double-digit gains in the first half.