Saturday, June 4, 2022

Micron Downgraded to ‘Underweight’ Rating as PC, Mobile Demand Slows With Inflation

Micron's stock received a rare ‘underweight’ rating from a brokerage as the memory-chip maker faces heavy exposure to mobiles and PCs amid rising inflation leading to limited purchase among customers. Micron shares were down about 6 percent in early trading on Friday.

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Tata Motors to start assembling Range Rover Evoque in its new India plant

Tata Motors will begin assembling the Range Rover Evoque at a new factory in southern India on February 9th, aiming to capture surging domes...