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Micron Plunges On Weakness, Musk Wields Political Power | Bloomberg Technology
Bloomberg's Caroline Hyde discusses Micron's big stock move lower as the company reports a weak chips outlook. Plus, Elon Musk wields political power, influencing a potential US government shutdown, and Apple scraps its hardware subscription plans. (Source: Bloomberg)
MACRON PLUMMETS AFTER REPORTING EARNINGS AND AI COULD NOT MAKE UP FOR THE SMART PHONE AND PC CHEAP WEAKNESS BUT ELON MUSK WILL -- WIELDING POLITICAL POWER AS A U.S. JAKE: THEY ARE FOR SERVERS, A TRADITIONAL COMPUTER WAS A BIT BETTER THAN HAD PREVIOUSLY BEEN ANTICIPATED BUT ON THE OTHER HAND THERE IS ALSO DATA CENTER SSD'S WHICH SEEM TO BE MONITORING WHERE THEY HAD EXPERIENCED SOME TREMENDOUS GROWTH BEFOREHAND AND HAD BEEN BENEFITING A LOT FROM SHARED INSTANCES AS WELL. LET'S STICK ON TESLA, ALL THINGS ELON MUSK AS WELL AND HOW ALL OF THIS IS SET TO CHANGE INTO THE 20 25 PRESIDENT-ELECT TRUMP ADMINISTRATION AND MAYBE WE SEE SOME OF THOSE EV INCENTIVES WOUND DOWN AND POSSIBLY FAST TRACKING AUTONOMOUS DRIVING.
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