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Day: December 19, 2024

Micron’s Q1 Earnings: Stock Crashes (17%) Amid Weaker Outlooks

Micron Technology, Inc. is a top semiconductor company in Boise, Idaho. They make memory and storage products like DRAM, NAND flash, and HBM chips, used in computers, phones, servers, and AI systems. Recently, their revenue grew a lot due to high demand, especially from data centers and AI. Micron got a big federal grant to […]

Robust GDP Surge: U.S. Economy Climbs to (3.1%) Growth

Gross Domestic Product (GDP) quantifies total value of all goods and services produced within a nation’s borders. Therefore, it serves as a measure of economic activity. GDP can be computed using three approaches: production, income, and expenditure. Importantly, real GDP adjusts for inflation, providing a true growth picture. Governments, businesses, and economists utilize GDP to […]

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