Micron Technology: weakness ahead, but is it already in the price?

Micron’s earnings report last week seemed to confirm the market's fears. The bullwhip effect is reverberating right along the supply chain, and excess inventory isn’t just sitting in big box retail warehouses.

• Adobe posts record revenues

  • Skilling Writers Team
  • 2022-03-23
  • • Stocks
    • Trading

  Adobe beat analyst estimates on pretty much every metric in their latest earnings report. They also posted record revenues for the first fiscal quarter of the year.

• Aussie to get a budget boost?

  • Skilling Writers Team
  • 2022-03-22
  • • Forex
    • Trading

  Amidst the chaos of recent weeks, the Australian dollar’s held up well and sits in a really interesting spot as we head towards Q2. Let’s take a look at the article...

• Stock of the week: Gamestop

  • Skilling Writers Team
  • 2022-03-21
  • • Stocks
    • Trading

  The Gamestop turnaround story took another twist in the last quarter. Even as net sales rose 6.2% to $1.88 billion, gross profits fell 15.7% for the quarter and the firm ended up posting a net loss of $147.5 million, compared with a profit of $80.5 million a year earlier.

• Bank of England downs the pound

  • Skilling Writers Team
  • 2022-03-18
  • • Finance
    • Trading

  A third consecutive rate hike by the Bank of England sent the pound tumbling against the dollar, before recovering most of the losses later in the day. Plenty of volatility but not much direction!

• AMC literally bought a goldmine

  • Skilling Writers Team
  • 2022-03-17
  • • Stocks
    • Trading

  AMC can’t stay out of the headlines. CEO Adam Aron was making waves again this week by announcing that AMC had bought a stake in a Gold & Silver mining firm!