Stock Movers Micron Falls; Five Below Rallies; Newmont Drops
Mar 19, 2026
Coverage of a chipmaker's stock dip after higher-than-expected capital spending raised investor concerns. A discount retailer rallies after a stronger-than-expected sales forecast and noted momentum. Mining and gold-related stocks slide as energy and chemicals gain amid surging oil prices and geopolitical tensions. Conversation also touches on the dollar, interest rate expectations, and their impact on markets.
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Micron Forecast Spurs Margin And Capacity Concerns
- Micron posted strong revenue but guided much higher capital spending, raising investor concern about memory chip capacity and future margins.
- Hosts flagged this as part of a broader debate on whether demand will outpace supply and erode memory makers' outsized margins.
Five Below Rallies On Sales Beat And Downshifting Consumers
- Five Below rallied after forecasting Q1 net sales above analysts' estimates and showing strong comp sales momentum.
- Analysts attribute the rebound to execution and consumers downshifting to lower-cost retailers, driving the stock to its highest since August 2021.
Gold Selloff Pushes Newmont Lower Amid Macro Uncertainty
- Newmont and miners fell sharply as gold dropped about 10% in the past week and a half, dragging Newmont down roughly 7% on its worst day since January 2.
- Hosts discussed mixed drivers: weaker dollar only partly explains the decline while war-driven oil moves and rate-cut prospects complicate gold's appeal.