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Micron announced its results last night, and today they appeared in my checker, the AI-powered checker in my Cashflow IQ software.

and then I see Micron stock. "Micron" shows me what is called the equilibrium point. This is a strategy we call the equilibrium point because it is balanced. It is exactly at the execution price.

You get the greatest return at the execution price compared to whether you are outside or inside it.

We begin the new quarter, of course, with a strong "Micron" report . I have achieved amazing results. But the stock fell by 3%. I don't know what the expectations are regarding today's reaction.

All memory companies are experiencing a decline, which is interesting because it contradicts the wave of relief we have seen in Asia, where some South Korean companies have actually seen an upswing. look, Micron's results were $54 billion in revenue and $ 33.42 in earnings per share.

Data center revenues have increased elevenfold . In addition, the results exceeded the guidance expectations.

Let's focus on the Micron stock chart. Given that we received the earnings results yesterday, they were amazing. However, we are down 2.5 percent now. It is clear that we have seen this triple-digit increase since the beginning of the year.

We reached the peak in November, or should I say in June. We were trading largely sideways before these results were released.

Oh man, it is the morning after Micron earnings. Of course, it's got to be the top of the bottom. And the question now is what are people going to do with it?

Oh, Micron going green is so important. Oh, that's great. Micron going green is is uh very good. You did not want a giant red candlestick on this. It's still a little early, but first four minutes, that's good. I like to see that.

we have the results of Micron. It's down a little bit.

Stocks in focus for today are Micron Technology was 0.037% 037% higher in pre-market on Thursday after it posted fourth quarter revenue of $54.23 billion, beating analyst estimates of 50.75 billion and adjusted earnings of $3342 per share, beating estimates of $3145 per share.

In addition, we saw Micron reporting good earnings across the board, beating revenue and earnings expectations and guiding higher. But that stock is not rallying mainly because everyone expected a beat and it wasn't a big enough beat to push the stock even higher in the near term.

Let's talk about some good news at Micron. They are working at full capacity there. One of the comments I see about this report is from Ross Gerber, who I know was with us on air, saying that Micron is a real monster.

Amazing numbers and constantly improving. He says it is no longer a company with a volatile business cycle .

we have micron behind us.

If you look what happened with Micron yesterday, I think Micron's going to be interesting today. Micron's very tight. Okay, so at least it's tight.

And uh if you took an option play, chances are um you the dealers are going to win. You didn't have to. Now they're going to suckle the premium. People like, "Right dog, did you take options into MU?"

I'm like, "No, these option plays for earnings are just not working." Um but I will definitely be looking at it now.

Micron, the most popular memory stock. I would say, one of the most popular semiconductor stocks on the market right now, just released their earnings report. The stock price has remained fairly stable despite delivering exceptional earnings, great revenue, and incredible guidance.

If you own any semiconductor stocks, such as AMD, Nvidia, Micron or any of those stocks, I have big news for you today and we will discuss where semiconductor stocks are headed from now on.

There is also Micron. Now, Micron, one of the largest stocks in the entire stock market, has released its earnings report in the last hour or two. And what we've seen from them is incredible and, frankly, almost unprecedented so far, okay ?

Steve, you excited for Micron? >> Super excited for Micron. And I feel like we're in a situation where Nvidia had to validate the hyperscalers. Broadcom had to validate Nvidia. Now Micron has to validate everything.

And I think we hear more of everything from Micron today. Micron, given the nature of the the the sort of poster child it is for pick and shovels, I agree with you, Tanner. They've got to show these LTAs.

They've got to show that there's a ceiling or a floor to to what their margins look like over the next couple years. got to show there's a real long-term trajectory because it I I I still can't figure out why Micron is discounted this heavily against other semiconductor names that have worse margins, worse growth, and are just as cyclical.

As we also know, MU just reported after hours and so far it's somewhat of a nothing burger. They have a conference call coming. We're going to cover that chart here in a little bit.

As we know, as I touched on, we've got Micron that reported after hours. That is a big stock in the stock market and one that has been extremely bullish this year. So, a lot of investors were wanting to at least potentially trim, make sure that they stay on the right side of the trade in case Micron does report and investors pull the rug.

So far, from what I've seen was before I started the show, that hasn't happened, but that still could be a situation.

Micron, if Micron's earnings report comes out after the market closes. I am here. I ca n't see it right now, but we'll discuss it tomorrow. That will be the most interesting thing when the income report comes out.

Um, if you want to or hold or keep an eye on it , whatever. So, I really like it.

the big move in the Nasdaq will be driven by Micron's earnings tonight after the close. In fact, the market has just closed. We will be watching Micron closely right here to see what it does .

I've opened the Micron chart and we'll open the sidebar to see if there's any crazy movement. Oh, it's dropped. This is not good. Not good.

Okay, let's get straight to it. We have achieved a significant improvement in earnings per share . Earnings per share reached $33.42 in the fourth quarter, better than the expected $31.83.

Looking at the revenue for this quarter , we also saw a significant outperformance of approximately $54.23, while expectations were around $51.5. Gross profit margins also came in better than expected at 87%. While expectations were at 86%.

Micron is preparing to announce its quarterly results after the close of trading today. Here are the current projections: Wall Street is expecting adjusted earnings of $3,155 per share, which is up from the previous quarter and significantly higher than the same period last year.

A year ago , that figure was only $303 per share.

Before we get into Micron's earnings tonight, let's take a look at the current state of the memory market . How would you describe the current supply and demand environment, and what is driving the strong performance we are seeing in these companies?

Well, the best I can say is that the stock is gone. The order books are almost full. There is high demand. I think that giant cloud computing companies are ordering huge quantities of these products, putting memory alongside chips, and doing so in every data center in America, as well as globally.

We're back with " Morning Trade Live" to take a look at Micron 's annual chart , which will announce its quarterly results after the market closes today.

The company's shares have risen by more than 500% year-on-year. What an amazing performance. We have retreated from the high summer levels, as we can see here, but we are clearly approaching them again with renewed interest in some semiconductor stocks.