MU, FDX Struggle Despite Earnings Beats: Triple Witching Adds to Volatility

Kevin Green explains that while Micron's (MU) revenue and adjusted EPS guidance exceeded expectations, the gross margin outlook is the main concern, with the company citing higher-than-expected expenses to develop new chips. Meanwhile, FedEx (FDX) is also under pressure, down 8% in pre-market, after the company reported a revenue beat but lowered its full-year EPS guidance due to continued pressure on freight traffic and volume. With triple witching today, Kevin expects a volatile session, but notes that historically, volatility tends to subside after this event.

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Видео MU, FDX Struggle Despite Earnings Beats: Triple Witching Adds to Volatility канала Schwab Network