--- title: "β˜•οΈ [Task Coins Giveaway] Daily Market Talk β€” Micron Beats Big, Stock Shrugs" type: "Topics" locale: "en" url: "https://longbridge.com/en/topics/100000000920924.md" description: "Micron printed a record $54.2B quarter, guided to $61.5B, and the stock closed flat. A cooler PCE pushed October hike odds below a coin flip, but the 10-year still climbed above 5.2%. Let's dig in πŸ‘‡πŸ’¬ ..." datetime: "2026-10-01T02:28:07.000Z" locales: - [en](https://longbridge.com/en/topics/100000000920924.md) - [zh-CN](https://longbridge.com/zh-CN/topics/100000000920924.md) - [zh-HK](https://longbridge.com/zh-HK/topics/100000000920924.md) author: "[Captain's Watch](https://longbridge.com/en/profiles/24747427.md)" generator: "portal-rs" --- # β˜•οΈ [Task Coins Giveaway] Daily Market Talk β€” Micron Beats Big, Stock Shrugs Micron printed a record **$54.2B** quarter, guided to **$61.5B**, and the stock closed flat. A cooler PCE pushed October hike odds below a coin flip, but the 10-year still climbed above **5.2%**. Let's dig in πŸ‘‡ **πŸ’¬ Micron beat by $3B and didn't move: is the AI memory trade fully priced, or is this a pause before the next leg?** > πŸ“ Help us make Daily Market Talk better! Take our quick survey and earn 500 Task Coins once you complete it: [https://forms.gle/npmPXYXHmQ7oFLME8](https://forms.gle/npmPXYXHmQ7oFLME8) ## πŸ“Š Quick Recap β€” What Moved & Why ### πŸ‡ΊπŸ‡Έ US β€” Soft PCE, Flat Micron **πŸ”‘ Key Event:** Core PCE came in at **3.0%** vs **3.3%** expected, cutting October hike odds below a coin flip. The 10-year still rose for a seventh straight day. Dow **-0.86%**, S&P 500 **-0.25%**, Nasdaq **+0.24%**. > @Mel : The market does have a terrible habit of selling the news. **πŸ‘€ Other to Watch** - $Micron Tech(MU.US) β†’ **flat** at $1,065 after revenue beat by about $3B and next-quarter guidance topped estimates. - $Liquidia Tech(LQDA.US) β†’ **-57.2%** after a court ruled its Yutrepia inhaler infringes United Therapeutics patents; **United Therapeutics (UTHR)****+12.5%**. - $Jabil(JBL.US) β†’ **-10.0%** despite raising FY27 revenue guidance to $44.5B; next quarter's EPS guide came in light. - $Cerebras(CBRS.US) β†’ **-8.9%**, below its $185 IPO price, as 19.4M shares came out of lockup. - $Synopsys(SNPS.US) β†’ **+4.8%** on an OpenAI chip-design AI deal and a $1B+ licensing deal with AWS. ### πŸ‡ΈπŸ‡¬ Singapore β€” Suburbs Lift Home Prices **πŸ”‘ Key Event:** STI eased **-0.7%** Wednesday to 5,675.88 ahead of PCE. This morning's URA flash showed private home prices **+1.4%** in Q3, led by suburban OCR **+2.2%**, while transactions fell about 30%. > @JPJP : Asian REIT funds have faced persistent headwinds due to inflation and the Fed's rate hikes. **πŸ‘€ Other to Watch** - $DBS(D05.SG) β†’ Blackstone Singapore chairman Gautam Banerjee joins the board with immediate effect. - $DFIRG USD(D01.SG) β†’ takes full control of 1,100+ Starbucks stores in seven Asian markets plus about US$340M cash, giving up its 50% Maxim's stake. - $UMS(558.SG) β†’ **-3%** on a placement to raise up to RM450M for expansion. - $ESR-REIT(J91U.SG) β†’ selling its Pioneer Road warehouse for S$32M, in line with valuation. ### πŸ‡­πŸ‡° HK/China β€” Golden Week Pause **πŸ”‘ Key Event:** Hang Seng **+0.37%** Wednesday to 24,613.27. Hong Kong is closed today for National Day, and mainland markets stay shut through 7 October. ### 🌍 Other to Watch - πŸ‡°πŸ‡· Korea's September exports jumped **83.5%** to a monthly record as chip shipments hit new highs. - πŸ›’οΈ Brent rose about $1 to around **$98**, up 14% in September. Trump denied reports he would offer Iran sanctions relief. ## πŸ“… Upcoming Key Events | **When (SGT)** | **What** | | --------------------- | ------------------------------------------------------------------------------------------- | | **Thu 1 Oct (today)** | πŸ‡ΊπŸ‡Έ Jobless claims, 8:30pm\
**πŸ‡ΊπŸ‡Έ ISM manufacturing, 10pm** πŸ‡­πŸ‡° HK closed for National Day | | **Fri 2 Oct** | πŸ‡ΊπŸ‡Έ Nike earnings, about 4am **πŸ‡ΊπŸ‡Έ September jobs report, 8:30pm** | πŸ‘‡ Drop your take (20+ words) & click "Repost" to earn 288 Task Coins ✨ 🚫 No duplicates Β· ⏰ Deadline: Oct 1, 2026, 11:59 PM SGT Not investment advice, just market talk πŸ™ ### Related Stocks - [USO.US](https://longbridge.com/en/quote/USO.US.md) - [SNPS.US](https://longbridge.com/en/quote/SNPS.US.md) - [SBUX.US](https://longbridge.com/en/quote/SBUX.US.md) - [NKE.US](https://longbridge.com/en/quote/NKE.US.md) - [AMZN.US](https://longbridge.com/en/quote/AMZN.US.md) - [JBL.US](https://longbridge.com/en/quote/JBL.US.md) - [CBRS.US](https://longbridge.com/en/quote/CBRS.US.md) - [558.SG](https://longbridge.com/en/quote/558.SG.md) - [LQDA.US](https://longbridge.com/en/quote/LQDA.US.md) - [D05.SG](https://longbridge.com/en/quote/D05.SG.md) ## Comments (61) - **NewUser_oPJWOU Β· 2026-10-01T15:17:01.000Z**: The overall markets have been relatively weak, both US S&P as well as our local STI index. This doesn't come as a surprise as historically October has been a weaker month in the year. My personal opinion: don't over-trade. Just focus on 1 or 2 companies that you like and dca to diversify the ris - **Fattycat Β· 2026-10-01T14:15:56.000Z**: Latest high impact data :ISM manufacturing purchasing index reinforces the Fed to "Pause or Cut" rates because Economy is not overheating 🀭. - **Vt3 Β· 2026-10-01T13:13:13.000Z**: πŸ“ŒπŸ‡ΊπŸ‡Έ my take is this : who name the price ? In real estates we always said : hey it is the buyers market nowβ€¦πŸ˜œ - **NewUser_hCn26 Β· 2026-10-01T11:33:57.000Z**: Micron’s flat reaction despite record earnings signals that near-term AI memory upside is largely priced in, shifting investor focus toward execution. Concurrently, rising 10-year yields amid cooling PCE inflation reflect persistent Treasury supply indigestion, capping broader equity multiple expans - **Fattycat Β· 2026-10-01T09:15:18.000Z Β· πŸ‘ 1**: Gold is bearish on lower time frame. Tomorrow will be a big day for GOLD 😍😍πŸ₯°πŸ₯°. - **0wMYbg** (2026-10-01T09:32:22.000Z): 😍😍😍 - **The Β· 2026-10-01T08:48:10.000Z**: Nasdaq, United Therapeutics, and Synopsys stocks’ prices increase compared to other US Stocks.And Hang Seng Hong Kong stock finally increases. Due to chip shipments hit new highs, Korea’s September exports jump. Brent Oil price rise. Good to see the increase though concerned on the overall price tha - **FaithAnchor Β· 2026-10-01T08:30:40.000Z Β· πŸ‘ 2**: $Micron Tech(MU.US)Micron delivered a $3B revenue beat, yet the stock remains flat. Despite next quarter’s guidance exceeding estimates, the market seems unconvinced. Perhaps expectations were already priced in, or investors are looking for stronger forward momentum. - **NewUser_CkrdqW Β· 2026-10-01T06:41:32.000Z Β· πŸ‘ 1**: A cooler PCE + Micron printing record quarter with impressive future guidance has the market reacting positively once more as tech stocks are currently up more than Micron itself in the overnight market. I do think we will see more upside to Micron's share price after the market opens tonight with m - **koolgal Β· 2026-10-01T06:31:40.000Z Β· πŸ‘ 2**: Why Micron Barely Move Post Earnings?When a company like $Micron Tech(MU.US)prints a massive USD 3 billion revenue beat and its stock barely moves, it triggers an immediate wave of market anxiety. It feels like the ultimate "sell the news" trap.However if you delve deeper, it is simply unde - **Jake_L_Kelly Β· 2026-10-01T06:24:34.000Z Β· πŸ‘ 1**: The fears of AI slowdown is much greater than the talks of AI cybersecurity., ignited some sell off and profit taking in AI tech companies. That also partly explains why Micron share prices remain flat despite posting positive earnings. - **Fattycat** (2026-10-01T07:05:02.000Z): Yes you are right. The fear of AI demand cooling is far bigger than any talk about cybersecurity. Trump is asking AI companies to police themselves. No need cybersecurity πŸ˜‚.For Micron specifically, st - **dingdongbell Β· 2026-10-01T05:52:24.000Z Β· πŸ‘ 2**: Micron as expected released very good results and the market has been so pampered with outstanding β€˜sweep you off your feet’ ones that this one is met with a tepid response. - **Heroic Lifesaver Β· 2026-10-01T05:49:44.000Z Β· πŸ‘ 1**: Well well well. Inflation data cooled down and Micron did very well! As mentioned in my other posts, the market is expecting good results so the stock not doing much pretty much sums it up. - **Fattycat** (2026-10-01T06:32:45.000Z): Based on DCF/ quantitative models valuation Micron is overvalued (60-75% premium) , hence it is unlikely to go further unless some surprises to the market.Market is always efficient. Market has priced - **KXN Β· 2026-10-01T05:37:57.000Z Β· πŸ‘ 2**: Good to see earnings hit, and the PCE report released yesterday. But.. we are just about 4-5 weeks away from mid-terms πŸ‘€ - **Fattycat** (2026-10-01T06:28:03.000Z): This Friday NFP and Sep unemployment rate 🀣 ( high impact news) - **NewBie_Ttade Β· 2026-10-01T05:30:39.000Z Β· πŸ‘ 1**: Q1 guidance missed estimates; the current consolidation is temporary, no need to worry too much. - **Fattycat** (2026-10-01T08:56:02.000Z): The only worry is Fed and Trump 🀣. - **win win Β· 2026-10-01T05:10:05.000Z Β· πŸ‘ 2**: The Federal Reserve again plays with the interest rate of the market. Somehow ppl thought the Oct might not have to be worrying the rate hike - **Fattycat** (2026-10-01T06:26:11.000Z): Trump is always the winner πŸ˜‚ - **0wMYbg Β· 2026-10-01T04:44:09.000Z Β· πŸ‘ 1**: Not surprised about MU staying flat althou they beat estimates. Neeed to watch out for non farm payrolls on fri. I wonder if it will trigger another meltdown πŸ‘€ - **Fattycat** (2026-10-01T06:34:25.000Z): NFP may surprise market with low job creation due to robotics and AI. 🀭 - **ζ–°η”¨ζˆ·_vnHGP Β· 2026-10-01T04:43:47.000Z Β· πŸ‘ 1**: πŸ€”πŸ€” - **Fattycat** (2026-10-01T06:25:40.000Z): πŸ™„πŸ™„πŸ™„πŸ«£ - **LazyCat Β· 2026-10-01T04:40:43.000Z Β· πŸ‘ 2**: It is actually considered good that Micron prices stayed flat I steady of getting dumped post earning despite good results and forward guidance. It shows that the high expectations were met. - **NewUser_ThinkSwim Β· 2026-10-01T04:37:30.000Z Β· πŸ‘ 1**: The market was a pump in progress then dumped later near ending hours. I would be expecting big moves incoming in both directions but unsure of the trends since when market breath so low normally can expect quick upside rebound but this time it has not yet happened in a fast and furious manner so I - **relf Β· 2026-10-01T04:22:25.000Z Β· πŸ‘ 1**: First impression that is a good set of results and a very decent guidance. By any PE ratio standards, the share price is trading at very reasonable valuations. The million dollar qn as usual is how long this can last. - **Fattycat** (2026-10-01T08:54:50.000Z): Based on traditional Quantitative frameworks that rely on historical metrics or discounted cash flow (DCF) models, MU is considered 60% to 75% overvalued.But Wall Street Analyst Consensus remain buy - **LazyCat** (2026-10-01T11:16:23.000Z): Do DCF actually work? Different people can make different assumptions and get different end results ya? - **Fattycat** (2026-10-01T11:20:40.000Z): Have been there for decades and proven by many academic studies. It must have reasons for so many analysts to use this model.🀭. I am not expert just follower🀣 --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**