Tech Today: A Micron Blowout? Defending Facebook, Dumping Oracle
Facebook gets some sympathetic views from bulls on the Street, even as its morass deepens with reports the FTC will investigate the company, Oracle stock is down 9% on its soggy outlook and at least two firms cut their ratings to hold, Goldman Sachs defends Universal Display against worries its technology could become less valuable following reports Apple is developing its own display materials, Credit Suisse's Stephen Ju predicts Micron may offer a forecast for revenue way above consensus when it reports results Thursday afternoon, fiber-optic component maker II-VI gets yet another vote of confidence -- one from B. Riley FBR's Dave Kang, and Qorvo may be losing business in forthcoming iPhone models to Broadcom.
20 Mar 2018 ... Facebook gets some sympathetic views from bulls on the Street, even as its morass deepens with ... Defending Facebook, Dumping Oracle ...