Featured Stock: CrowdStrike
💵 Revenue, including acquisitions, rose 33% to $921 million
🚀Company’s earnings for the April quarter climbed 63% to $0.93 on an adjusted basis
💰Revenue growth and customer expansion continue at a very high rate
💸Free cash flow is coming in better than expected
Disclaimer: Information provided for educational purposes; not financial advice, please do your due diligence.
💵 Revenue, including acquisitions, rose 33% to $921 million
🚀Company’s earnings for the April quarter climbed 63% to $0.93 on an adjusted basis
💰Revenue growth and customer expansion continue at a very high rate
💸Free cash flow is coming in better than expected
Disclaimer: Information provided for educational purposes; not financial advice, please do your due diligence.
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US Stock market is closed on 4th July 2024 on the occasion of Independence Day.
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US Stock market is closed on 4th July 2024 on the occasion of Independence Day.
Unlock the power of fractional shares to transform your portfolio. Dive into our blog for insights on buying, selling, and optimising your investments through fractional shares
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Featured Stock - Micron Technology
Micron Technology engages in the provision of innovative memory and storage solutions.
💵 Key Highlights
- Fiscal 2024 third-quarter revenue was $6.8B, a massive increase of 81% from the year-ago period
- Generated $100M in revenue from selling HBM chips last quarter
- Huge market for HBM chips can be attributed to the growing demand for AI chips by companies like Nvidia and Advanced Micro Devices
🚀 Future Outlook
- Micron says that its HBM capacity is sold out for 2024 and 2025
- HBM demand is forecast to grow rapidly in the long run 📊
📈 Analyst Expectations
- Analysts are expecting Micron's revenue to increase nearly 50% in fiscal 2025
- Bottom line is expected to grow by nearly a multiple of 9 in the next year as compared to fiscal 2024 ⬆️
Micron Technology engages in the provision of innovative memory and storage solutions.
💵 Key Highlights
- Fiscal 2024 third-quarter revenue was $6.8B, a massive increase of 81% from the year-ago period
- Generated $100M in revenue from selling HBM chips last quarter
- Huge market for HBM chips can be attributed to the growing demand for AI chips by companies like Nvidia and Advanced Micro Devices
🚀 Future Outlook
- Micron says that its HBM capacity is sold out for 2024 and 2025
- HBM demand is forecast to grow rapidly in the long run 📊
📈 Analyst Expectations
- Analysts are expecting Micron's revenue to increase nearly 50% in fiscal 2025
- Bottom line is expected to grow by nearly a multiple of 9 in the next year as compared to fiscal 2024 ⬆️
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👍2
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What is the largest stock exchange in the world by market capitalization?
Anonymous Quiz
23%
The National Stock Exchange (India)
4%
Tokyo Stock Exchange
4%
London Stock Exchange
69%
New York Stock Exchange (NYSE)
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What % of the world's stock market value is made up by the US stock market?
Anonymous Quiz
31%
30
21%
45
22%
55
26%
62
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👍2
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👍1
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