Friday, June 3, 2022

Micron gets rare 'underweight' rating as PC demand slows

Micron Technology's stock received a rare "underweight" rating from a brokerage due to the memory-chip maker's heavy exposure to mobiles and PCs at a time when rising inflation forces consumers to rein in spending.

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Brembo, Ningbo SAFE form India joint venture for motorcycle ABS systems

Italian brake maker Brembo and Ningbo SAFE Brakes Systems are joining forces in India. They will establish a joint venture to produce motorc...