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Bloomberg Businessweek
Micron Forecast Fails to Meet Lofty Expectations
Jun 27, 2024
Semiconductor reporter Ian King discusses Micron dropping after an underwhelming forecast. Technology reporter Spencer Soper talks about California Police seizing stolen goods for Amazon. Denny's CEO explains their Diversity, Equity, and Inclusion commitment. Market impact discussion with PNC Asset Management CIO Amanda Agati.
43:06
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Quick takeaways
- Micron Technology's forecast disappoints investors seeking AI payoff.
- California Police seize suspected stolen goods bound for Amazon.
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Key Strategies for Denny's Success
Offering all-day diner deals starting at $5.99, Denny's aims to provide value for customers in a challenging economic environment. The company focuses on high-quality and quality-oriented exposures in both equities and fixed income to navigate market uncertainties. Additionally, they are exploring longer-term infrastructure investment opportunities for sustainable growth.
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