Just out (see attached), this definitely cannot be good news for META. Micron Technology has edged past META's market valuation for the 1st time on Thursday, after the memory chipmaker's solid forecast helped extend its AI-driven ascent.
Micron shares were last up 18.4 per cent at $1,236, giving it a market capitalization of $1.398 trillion, compared with Meta's $1.392 trillion.
As its news just out, will META continue to consolidate on a Friday by traders for fear that there might be more news out over the weekend ? What do you think...
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments