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Tech stocks bolstered by strong earnings report from Boise-based Micron
U.S. stocks climbed after a cooler inflation report raised rate-cut hopes, while Micron’s strong earnings lifted AI shares and eased market jitters.
Earnings snapshots: Mixed results for Idaho companies
Clearwater Analytics reported a Q3 loss of $10.3 million, missing analyst expectations, though revenue exceeded forecasts at $205.1 million.
Idaho Power’s parent company earnings meet Wall Street expectations
On a per-share basis, the Boise, Idaho-based company said it had net income of $1.76.
Micron fiscal Q2 earnings top expectations
The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.43 per share.
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