WS #10752
Micron's blowout earnings with 84.9% gross margins and $50B guidance are being interpreted as a margin shock for AAPL and MSFT, deepening the tech selloff with AAPL down 5-6% and MSFT facing analyst downgrades.
Tech Selloff Deepens on Micron Margin Shock
Micron's blowout earnings with 84.9% gross margins and $50B guidance are being interpreted as a margin shock for AAPL and MSFT, deepening the tech selloff with AAPL down 5-6% and MSFT facing analyst downgrades.