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‘Take Profits Now,' Says Analyst about Micron Stock (MU)
‘Take Profits Now,' Says Analyst about Micron Stock (MU)

Business Insider

time17 hours ago

  • Business
  • Business Insider

‘Take Profits Now,' Says Analyst about Micron Stock (MU)

Semiconductor company Micron Technology (MU) has just been added to Hedgeye's active short list, with the firm now advising investors to lock in gains after a strong run. Indeed, Hedgeye analyst Felix Wang explained that the firm is flipping its view from long to short because Micron was one of the top-performing large-cap semiconductor stocks following the recent 'Liberation Day' rally. As a result of the stock's surge, Hedgeye believes now is a good time to take profits. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. A major reason for the downgrade is the rising competition from Samsung (SSNLF), particularly when it comes to high-bandwidth memory (HBM) chips. Wang believes that Samsung is catching up fast with its new HBM4 technology and could soon challenge Micron in supplying these chips to Nvidia (NVDA). If Samsung re-establishes itself as a serious HBM contender, Micron could lose market share in a very profitable area of its business. Adding to the concern, Wang noted that Samsung's latest 1c DRAM chips are seeing better production results, with yields now over 50%, according to several sources. Because of this, Hedgeye has lowered its estimate for Micron's HBM revenue in 2026 from $10.5 billion to $10 billion, which is 7% below what most analysts expect. Wang also said that Micron's overall revenue forecast of $48 billion for 2026 may currently be too optimistic. Interestingly, this view is the opposite of Mizuho analyst Vijay Rakesh 's recommendation, who said that the stock's recent pullback is a buying opportunity. As a result, the five-star analyst reiterated his Buy rating with a $150 price target. Is MU a Good Stock to Buy? Overall, analysts have a Strong Buy consensus rating on MU stock based on 22 Buys, three Holds, and zero Sells assigned in the past three months, as indicated by the graphic below. Furthermore, the average MU price target of $155.17 per share implies 36.1% upside potential.

MU's chemistry dept gets first prize in sci, to receive 15L grant
MU's chemistry dept gets first prize in sci, to receive 15L grant

Time of India

time4 days ago

  • Science
  • Time of India

MU's chemistry dept gets first prize in sci, to receive 15L grant

Mumbai: Mumbai University's chemistry department was awarded the first prize in the science category under UDRF and will be given a grant of Rs 15 lakh, followed by the National Centre for Nanoscience and Nanotechnology with a grant of Rs 7 lakh. Prizes under 7 categories were announced on MU's 169th foundation day on Friday. UDRF awards were launched by MU and adopted by state govt. In management, sub-campuses, model colleges and institutions, the first prize was awarded to Alkesh Dinesh Modi Institute of Finance and Management Education with a grant of Rs 10 lakh and the second to Garware Business and Development Institute with Rs 5 lakh. In interdisciplinary studies, geography department got first prize with Rs 10 lakh and department of music second with Rs 5 lakh. tnn

ED attaches assets worth Rs 1.32 crore of Malur Congress MLA KY Nanjegowda
ED attaches assets worth Rs 1.32 crore of Malur Congress MLA KY Nanjegowda

New Indian Express

time5 days ago

  • Politics
  • New Indian Express

ED attaches assets worth Rs 1.32 crore of Malur Congress MLA KY Nanjegowda

BENGALURU: The ED, Bengaluru Zonal Office, issued a provisional attachment order on July 16, attaching assets worth approximately Rs 1.32 crore of Malur Congress MLA KY Nanjegowda and others, in a money laundering case related to Kolar-Chikkaballapur District Cooperative Milk Producers' Union Ltd (KOMUL) recruitment scam in 2023. In a release on Thursday, the ED said it had filed a money laundering case against Nanjegowda and others based on material collected during investigation in relation to a land grant scam in Malur taluk under Nanjegowda's chairmanship, under the Prevention of Money Laundering Act (PMLA), 2002. The agency also made a reference to Lokayukta police and filed a complaint before the Special Court for trial of MP/MLA cases in its efforts to register the scam. Investigation revealed that the 2023 KOMUL recruitment process, which consisted of a written exam and interview, was 'manipulated in lieu of money and/or recommendation of political persons', the ED stated. The recruitment committee led by then chairman Nanjegowda and then MD KN Gopala Murthy 'conspired with other directors in KOMUL and hatched a plan, which resulted in favouring certain less meritorious candidates and deprived deserving candidates'. Evidence seized during ED's search included parallel OMR sheets (original and tampered), WhatsApp messages from politicians recommending certain candidates and forwarded by Nanjegowda and other directors to the staff of KOMUL. 'Procedural lapses were observed in the entire recruitment process at the level of KOMUL and Mangalore University (MU) indicating efforts to hide irregularities in the process. Admission by the directors and staff of KOMUL, registrar, MU, Nagendra Prasad and certain candidates, who were accommodated in the examination, has unearthed a mega scam in recruitment to the milk union,' the ED added. 'As per evidence gathered, a sum of Rs 1,56,50,000 was generated as proceeds of crime by manipulating the recruitment process at the written exam and interview stages. Nanjegowda is the principal architect of the scam, leveraging his role as chairman, KOMUL. He played a leading role in fixing the number of 'reserved' seats, and orchestrated how bribes would be collected... he illegally enriched himself to the tune of Rs 80 lakh, out of the total proceeds of Rs 1.56 crore,' the ED added.

Micron Technology (MU) Tumbles 5%. Here's Why
Micron Technology (MU) Tumbles 5%. Here's Why

Yahoo

time6 days ago

  • Business
  • Yahoo

Micron Technology (MU) Tumbles 5%. Here's Why

Micron Technology, Inc. (NASDAQ:MU) is one of the . Micron Technology declined by 4.75 percent on Monday to close at $118.61 apiece as investors unloaded positions amid the lack of fresh catalysts to boost investing appetite. On July 22, shareholders of Micron Technology, Inc. (NASDAQ:MU) as of July 7 record will expect to receive $0.115 per share of quarterly dividends, after the company posted a robust earnings performance during the last reported period. In the third quarter of fiscal year 2025, Micron Technology, Inc. (NASDAQ:MU) expanded its net income by 468 percent to $1.885 billion from $332 million in the same period last year. Revenues increased by 36.5 percent to $9.3 billion from $6.8 billion year-on-year. A close-up view of a computer motherboard with integrated semiconductor chips. 'We are on track to deliver record revenue with solid profitability and free cash flow in fiscal 2025, while we make disciplined investments to build on our technology leadership and manufacturing excellence to satisfy growing AI-driven memory demand,' said Chairman, President, and CEO Sanjay Mehrotra. While we acknowledge the potential of MU as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio

Want To Speak Like Marathi Manoos? This Course Helps All, From Auto-Taxi Drivers To Bank Officers
Want To Speak Like Marathi Manoos? This Course Helps All, From Auto-Taxi Drivers To Bank Officers

News18

time6 days ago

  • General
  • News18

Want To Speak Like Marathi Manoos? This Course Helps All, From Auto-Taxi Drivers To Bank Officers

Last Updated: No Marathi row here: Mumbai's two educational institutes -- University of Mumbai (MU) and Somaiya Vidyavihar University – have been teaching 'Communicative Marathi' for years Even as the row over Marathi stokes Maharashtra politics, two prominent educational institutes — the University of Mumbai (MU) and Somaiya Vidyavihar University – have been silently running courses to teach 'Communicative Marathi' for years. A look at all the things you need to know about the courses. MU's Certificate In Communicative Marathi Course It is designed to introduce beginners to the Marathi language and equip them with basic communication skills for everyday use. This programme focuses on developing the speaking, listening, reading, and writing abilities required to interact confidently in various common situations, both in personal and professional settings. How does MU teach Communicative Marathi? The MU offers various levels. The course uses authentic texts, audio, and audio-visual materials to enhance learning and provide practical examples of language use. According to the MU, The course utilises an approach that integrates all aspects of language learning (speaking, listening, reading, writing) to facilitate effective communication. The curriculum emphasises applying language skills in real-life situations and contexts. It incorporates cultural insights and awareness to provide a holistic understanding of the language and its cultural context. The course is taught by certified and experienced instructors who guide learners through the learning process. MU Communicative Marathi course has different levels Level 1: This is at the Certificate level and teaches the introduction to the Marathi language, basic vocabulary, and sentence structure. Level 2: It is at the Diploma level and focuses on everyday life interactions, small and large writing, and conversation. Level 3: This is at the Advanced Diploma level and teaches more complex communication and language use. Level 4: Advanced Diploma II in Communicative Marathi. It builds upon the foundation established in previous levels. It focuses on enhancing communication skills in practical contexts, including personal information, family matters, shopping, cultural settings, and employment-related scenarios. The course also incorporates cultural awareness and sensitivity to Marathi traditions and customs. Level 5: Advanced Diploma III in Communicative Marathi. This level is a continuation of the communicative approach, further refining language skills and expanding communicative competence. It aims to make Marathi a viable second, third, or foreign language by integrating methodologies, tools, and techniques used in teaching various languages, including foreign languages. MU Communicative Marathi course for special target groups It also offers courses for target groups such as Marathi for nurses, Marathi for rickshaw and taxi drivers, bank employees and official Marathi. MU's study material The department offers Links for the App, books for six levels of Marathi and for 4 target groups along with audiovisuals for learning Marathi. These are 18 books and 1 App. MU's mode of instruction These courses are taught online by the Department of German, Mumbai University. MU fees The fees range from Rs 6,000-Rs10,000 MU Admissions Admissions are currently open for Level 1 For details, go to the university's official website link Who can take the course? Individuals with no prior knowledge of Marathi who wish to learn the language from the ground up Those working in Maharashtra or with Marathi-speaking communities, and wishing to improve their communication skills It is ideal for individuals who have little or no prior knowledge of Marathi and wish to learn the language to engage with native speakers, understand the culture, or enhance their personal and professional growth SOMAIYA VIDYAVIHAR UNIVERSITY'S COMMUNICATIVE MARATHI COURSE The main aim of this course is to introduce the learners to the basic knowledge of the language, its script, phonetics, grammar as well as cultural elements. The course shall involve diverse exercises pertaining to all the four language skills, i.e. reading, listening, speaking and writing. Along with the practice of language structures, their application in authentic situations shall also be dealt with. Curriculum Level 1: 60 hours/ 4 months Introduction to Marathi Language and Script Basic vocabulary and sentence formation Functional Marathi for everyday use Listening and Speaking practice Level 2: 60 hours / 4 months Timings Weekend lectures top videos View all Admissions For further details, check the link . About the Author Manjiri Joshi At the news desk for 17 years, the story of her life has revolved around finding pun, facts while reporting, on radio, heading a daily newspaper desk, teaching mass media students to now editing special copies ...Read More tags : marathi Marathi Language Day mumbai university news18 specials view comments Location : Mumbai, India, India First Published: July 16, 2025, 16:42 IST News cities Want To Speak Like Marathi Manoos? This Course Helps All, From Auto-Taxi Drivers To Bank Officers Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.

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