@miketalksfinance: Stock market moves this week! #stocks #finance #stocktok Here’s everything happening in the stock market this week. Monday and Tuesday are looking slow, but things heat up starting Wednesday with Micron Technology and Lennar reporting earnings. Micron has consistently beaten earnings this year, yet the stock is down significantly from its summer highs due to a lack of profitability. If they can demonstrate a return to profitability, it could lead to a big jump in their stock price. Lennar, a leading U.S. homebuilder, has also been beating earnings but has had a relatively average year. They’re profiting $5 billion a quarter, but investors remain cautious due to a decline compared to last year. This report will be important for gauging homebuyer demand in the new-build sector. On Thursday, Nike will release their earnings. Despite consistent earnings beats, the company has been on a steady downslide. Expectations have been low, and this report will determine if they can break out of their current downtrend. Keep an eye on these earnings for key market insights this week.

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2024-12-16 15:07:05

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