Diamonds and Dogs

3/20/25

Local chip company, Micron (MU) up 5% on earnings as pricing seems to be firming up and demand is strong from the AI industry encouraging some investors that the recent chip correction has run its course. Micron's guidance was strong expecting record revenue and significantly improved profitability in fiscal 2025.

Accenture (ACN) lower on earnings. The consulting stock fell 7% as many of their contracts come from the government and many federal agencies have been told to review contracts with the highest-paid consulting firms, including Accenture, possibly renegotiating contracts.

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