The recent delay in the tariffs on China has sent a wave of optimism throughout the tech sector—especially the semiconductor industry.
Everyone's heard that data is the new oil. But Paradata shows that data is like crude oil—if you don't refine it into something you can use, it’s useless.
The US markets are up today as Wall Street braces for a busy earnings week. The S&P 500 ETF is up 0.3%, and semiconductor stocks lead the market's gains.
Micron Technology (MU) is a cyclical stock governed by memory prices, which are driven by demand and supply forces. If we look at Micron stock’s valuation, it looks like a cheap stock with strong growth potential. However, the cyclical nature of the stock makes valuing it difficult.