Sirisha Bhogaraju

1 week ago | tipranks.com | Sirisha Bhogaraju

Micron Technology (MU) stock has rallied 45% year-to-date, as the provider of memory and storage chips is enjoying solid demand for its offerings that are required to support AI (artificial intelligence) workloads. The company is scheduled to announce its results for the third quarter of Fiscal 2025 after the market closes on June 25. Ahead of the Q3 earnings, Wall Street is bullish on Micron’s prospects and expects further upside in the stock, backed by AI-led tailwinds.

1 week ago | tipranks.com | Sirisha Bhogaraju

Apple (AAPL) stock has declined about 7% over the past month and is down more than 21% year-to-date. Investors remain concerned that the iPhone maker is lagging behind several tech giants in the AI (artificial intelligence) race and losing ground to rivals in key markets like China. Moreover, tariff uncertainty, lack of a game-changing innovation, and macro headwinds are also impacting investor sentiment on Apple stock.

1 week ago | tipranks.com | Sirisha Bhogaraju

Macro pressures, tariff woes, and geopolitical concerns are expected to adversely impact consumer spending on big-ticket discretionary items like electric vehicles (EVs). Moreover, growing competition in the EV space is also weighing on the performance of EV companies. That said, some EV makers are still navigating a challenging backdrop through solid execution and innovation.

1 week ago | blog.tipranks.com | Sirisha Bhogaraju

Micron Technology ($MU) stock has rallied 45% year-to-date, as the provider of memory and storage chips is enjoying solid demand for its offerings that are required to support AI (artificial intelligence) workloads. The company is scheduled to announce its results for the third quarter of Fiscal 2025 after the market closes on June 25. Ahead of the Q3 earnings, Wall Street is bullish on Micron’s prospects and expects further upside in the stock, backed by AI-led tailwinds.

1 week ago | tipranks.com | Sirisha Bhogaraju

Darden Restaurants (DRI) is scheduled to announce its results for the fourth quarter of Fiscal 2025 on Friday, June 20. DRI stock has risen more than 19% year-to-date. Several analysts expect the company to beat the consensus expectations, backed by improved performance at its Olive Garden chain. Analysts expect the casual dining restaurant chain to report a 12% rise in Q4 FY25 EPS (earnings per share) to $2.97.