A single-digit price-to-earnings ratio on a memory maker is not a bargain. It is a warning label. Micron Technology (Nasdaq: MU) closed at $1,016.59 on 4 September 2026, up 6.10% on the day, and on the company’s own guidance for the quarter that just ended it trades at roughly 8.3 times annualised earnings. That number
The August jobs report released today by the Bureau of Labor Statistics showed the US economy adding jobs at its fastest pace in five months, a result that reversed the July report almost point for point. Nonfarm payrolls rose by 162,000, roughly triple the 56,000 economists had forecast, while the unemployment rate held steady at
The August US consumer price index arrives on Friday, 11 September, at 8:30 a.m. Eastern Time, according to the Bureau of Labor Statistics release calendar. Five days later, the Federal Reserve announces its September interest-rate decision. Governor Christopher Waller has explained how the inflation evidence could influence his vote: continued improvement favours holding, but renewed
The cheapest-looking number on SanDisk’s page is the one that should worry you most. At the close on 2 September 2026 SNDK traded at $1,553.40, which is roughly 8.6 times the earnings its own guidance implies for the year ahead — a discount to the broad market, on a share that has risen more than
Apple’s new chief executive is paid on a tighter leash than the man he replaces. The Form 8-K/A Apple filed on 1 September 2026 — timestamped 16:30:35 New York time, half an hour after the closing bell — set John Ternus‘s salary at $3 million and his fiscal 2027 target equity award at $55 million,
SanDisk did not rise 2,969% because the world suddenly bought more flash memory. It rose because the world paid roughly three times as much for very nearly the same amount of it. That distinction is the whole article, and it is not a matter of interpretation: SanDisk’s own annual report says total products sold grew
The consensus way to own TSMC is as a volume story: more AI accelerators, more wafers, more revenue. Its own second-quarter numbers say something different. Wafer shipments rose 16.6% year on year in the three months to 30 June 2026, to 4,336,000 twelve-inch equivalents, while dollar revenue rose 33.7% to US$40.20 billion, according to the
Japan’s benchmark 10-year government bond yield crossed 3% for the first time since 1996, while the UK 10-year gilt reached 5.2501% and the 30-year gilt 5.8909%. In the US, the 10-year Treasury moved toward 4.8% and the 30-year remained close to 5.3%. The global long end has therefore broken higher just one week before a
Brent crude climbed to $95.68 a barrel on 2 September as renewed US-Iran strikes raised the risk of another deterioration in traffic through the Strait of Hormuz, according to Reuters. A separate Wall Street Journal market snapshot put Brent at $95.62, leaving the two live readings six cents apart. The important move is no longer
Why Are Major Banks Building A Joint Stablecoin? A group of 21 major financial institutions plans to establish a new company to develop and issue stablecoins, bringing some of the world’s largest banks and investment firms into a shared digital money project.The consortium includes Bank of America, Goldman Sachs, Citi, Deutsche Bank, UBS, Santander, MUFG