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Oracle stock fell 30% this quarter, its steepest drop since Q3 2001, when it slid ~34%, amid skepticism about its ability to open more data centers for OpenAI (Jordan Novet/CNBC)

Jordan Novet / CNBC : Oracle stock fell 30% this quarter, its steepest drop since Q3 2001, when it slid ~34%, amid skepticism about its a...

26 June 2024

Micron reports Q3 revenue up 82% YoY to $6.81B, vs. $6.67B est., and forecasts Q4 revenue in line with estimates (Kif Leswing/CNBC)

Kif Leswing / CNBC:
Micron reports Q3 revenue up 82% YoY to $6.81B, vs. $6.67B est., and forecasts Q4 revenue in line with estimates  —  Micron shares fell almost 8% in extended trading on Wednesday as investors looked past better-than-expected results and focused instead on a revenue forecast that was inline with estimates.

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