Wall Street Breakfast Wall Street Roundup: Micron earnings, EV check-in
8 snips
Dec 19, 2025 Micron's earnings soar as AI-driven demand pushes margins to new highs. Ford reveals a shift in strategy with a significant EV write-down while aiming for extra revenue from energy storage. Rivian experiences a rally driven by AI advancements, and Tesla quietly climbs to a year-high amid renewed optimism. Recent economic data shows rising unemployment and moderating inflation, setting the stage for a light holiday market outlook.
AI Snips
Chapters
Transcript
Episode notes
Micron Benefiting From AI-Driven Shortages
- Micron's Q1 beat and guidance pushed shares to new highs as AI-driven demand has them sold out into fiscal 2026.
- The company expects historic gross margins because demand outstrips supply, letting Micron raise prices.
AI Winners And Losers Are Emerging
- The AI trade is bifurcating as investors choose clear winners and losers rather than rallying every AI-linked name.
- Micron was a recent winner while Broadcom showed the opposite by warning of margin pressure.
Ford Reframes EV Strategy Into Energy
- Ford announced a $19.5 billion EV write-down but is refocusing rather than abandoning EVs.
- Management is shifting product mix and launching a battery energy storage systems business targeting large clients.