MICRON & DLOCAL EARNINGS CALL & REPORT BREAKDOWN | MARKET CLOSE

MICRON & DLOCAL EARNINGS CALL & REPORT BREAKDOWN | MARKET CLOSE

Summary

~1.0 min read
The market is broadly red today due to higher-than-expected inflation and no rate cuts, though some tech stocks like AMD, Intel, Micron, and Nebius are green, with Bitcoin holding above $70,000. Jerome Powell indicated AI and data center buildouts are contributing to inflation, with no immediate rate hikes or cuts expected. Micron is anticipated to report strong growth in its upcoming quarterly figures. DLocal's Q4 results are hard to predict due to market and currency impacts, but TPV growth is expected to continue; its stock price historically sees significant volatility post-earnings. Rocket Lab is down 11% today, partly due to a new $1 billion ATM program and the overall weak market. Nebius (CoreWeave) shows strong validation with an upsized Meta deal, a new $2 billion investment from Nvidia, and a partnership with CrowdStrike. The associated dilution from these investments is considered part of their ongoing growth strategy.