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Micron’s AI-Fueled Outlook Blows Past Wall Street: $61.5B Sales, $38.15 EPS

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‼️ 🧠 BREAKING: Micron, the largest US memory-chip maker, forecast fiscal first-quarter revenue (through November) of about $61.5 billion, well above the $56.8 billion analysts expected, as AI build-out demand hit record levels. The company also guided adjusted earnings to about $38.15 a share, against the $36.02 consensus estimate.

Core PCE’s 30bp Drop Is a Statistical Rewrite, Not Disinflation

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‼️ 🛍️ Core PCE Just Fell 30bp—But Investors Should Not Mistake a Statistical Rewrite for Disinflation

Read More: https://bit.ly/InflationWarning


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BMW Turns to AI to Cut a Fifth of Management Roles by Mid-2027

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‼️ 🚘 BMW plans to use artificial intelligence to cut a fifth of its management roles by mid-2027. The cuts are part of an agreed buyout plan meant to reduce costs and lift profitability. BMW said Wednesday that they will come from shrinking some divisions and the management roles tied to them. The reductions will then feed through to lower levels as the carmaker aims to become more agile “through the efficient use of artificial intelligence.”