Wall Street is heading into the close on Wednesday with two things on its mind: the Fed's favorite inflation gauge and Micron Technology. According to Bloomberg, US stocks paused ahead of both, with the inflation data key for interest rates and Micron's report key for the AI trade. Micron reports fiscal fourth-quarter results after the closing bell, and a big move in either direction could ripple into Asian chip stocks when markets open in the morning. The Numbers, Verified Across Sources What Micron guided (SEC filing): For the quarter ending in August, Micron told investors to expect revenue of $50 billion, give or take $1 billion, non-GAAP earnings of $31 per share, give or take $1, and a gross margin of about 86%. What analysts expect (Alphastreet, 33 analysts): Consensus sits at $31.56 per share on $51.20 billion in revenue, slightly above the top half of Micron's own guidance range. Estimates are wide, running from $28.04 to $37.44 per share for earnings and from...
Curious why mutual funds pull ahead over the long run? [The power of compound interest] explains exactly why time matters more than the amount you invest. This is one of those questions that never really goes away. Every festival season in India, gold sales spike. Every time the market corrects, fixed deposits suddenly look appealing again. And every time someone hears a friend's mutual fund "doubled in three years," they want in immediately. All three have passionate defenders, and all three are right for someone - just not necessarily right for the same goal. Instead of picking a winner, let's actually look at what each one is good at, because that's the question that matters. Gold: The Emotional Safe Haven Gold has a role in Indian households that goes beyond investing - it's cultural, it's gifted at weddings, it's a form of savings older generations trust more than paper assets. As an investment, though, its strengths and weaknesses are pretty spe...