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2021-12-26

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Tech Roundup: Micron and 2022 predictions lead Christmas-shortened week's action

It may have been a short week for Wall Street due to stock markets being closed on Friday because of

Tech Roundup: Micron and 2022 predictions lead Christmas-shortened week's action

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By the time U.S. stock markets closed Thursday, Micron (MU) shares had climbed 13% for the week.</li>\n <li>Oracle(NYSE:ORCL)appeared to be going back to its old-school big-dealing ways when&nbsp;it said it would pay $28.3 billion in cash&nbsp;to buy healthcare technology company Cerner(NASDAQ:CERN)in what stands to be Oracle's (ORCL) largest-ever acquisition.</li>\n <li>Chinese tech stocks had their usual bit of drama, as Alibaba(NYSE:BABA)shares bounced up and down after&nbsp;Atlantic Equities downgraded the Internet giant, and JD.com(NASDAQ:JD)slumped at the end of the week after Tencent Holdings(OTCPK:TCEHY)said it would divest most of its&nbsp;holdings in the Chinese e-commerce and retail company.</li>\n <li>Analysts spent much of the week leading up to Christmas by getting in their takes on what to expect from various tech sectors next year.</li>\n <li>UBS analyst Timothy Arcuri said Nvidia(NASDAQ:NVDA), Micron (MU) and Marvell(NASDAQ:MRVL)were his top selections for&nbsp;investors looking at semiconductor stocks in 2022, while Citi analyst Jim Suva gave five examples of why Apple(NASDAQ:AAPL)shares should continue to rise next yearand lift the company's market value past $3 trillion.</li>\n <li>Meanwhile, MKM Partners managing director pointed out10 examples of \"Black Swan\" eventsthat, while not likely to happen, would have huge impacts on the Internet sector if they did.</li>\n <li>You know all those kids and everyone else that using and watching videos on TikTok? Well, they have all helped TikTok to surpass Google(NASDAQ:GOOG)as&nbsp;the world's most-popular website this year.</li>\n <li>Amazon(NASDAQ:AMZN)was able to claim a title, of sorts, as a new survey from the&nbsp;<i>Washington Post</i>&nbsp;said they felt the e-commerce titan&nbsp;was just a bit more trustworthy than Apple(AAPL).</li>\n <li>As the Omicron variant of the Covid-19 virus continued to spread, Apple (AAPL) closed eight of its North American retail stores&nbsp;due to rises cases among employees. Meanwhile, the state of the upcoming Consumer Electronics Show in Las Vegas began to get cloudy as Amazon (AMZN), Twitter(NYSE:TWTR)and Facebook's Meta Platforms(NASDAQ:FB)pulled out of the in-person part of the tech conference&nbsp;due to concerns about the Covid-19 pandemic.</li>\n</ul>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tech Roundup: Micron and 2022 predictions lead Christmas-shortened week's action</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTech Roundup: Micron and 2022 predictions lead Christmas-shortened week's action\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-26 09:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3783310-tech-roundup-micron-and-2022-predictions-lead-christmas-shortened-weeks-action><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It may have been a short week for Wall Street due to stock markets being closed on Friday because of the Christmas holiday, but that didn't keep a handful of tech companies from remaining active ...</p>\n\n<a href=\"https://seekingalpha.com/news/3783310-tech-roundup-micron-and-2022-predictions-lead-christmas-shortened-weeks-action\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JD":"京东","BABA":"阿里巴巴","MU":"美光科技"},"source_url":"https://seekingalpha.com/news/3783310-tech-roundup-micron-and-2022-predictions-lead-christmas-shortened-weeks-action","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1132092278","content_text":"It may have been a short week for Wall Street due to stock markets being closed on Friday because of the Christmas holiday, but that didn't keep a handful of tech companies from remaining active during what is normally a relatively quiet time of the year.\nMicron Technology(NASDAQ:MU)started things off when, on Monday, it reported strong quarterly results, and gave a business outlook that suggested it is taking steps to alleviate supply chain issues that have impacted the chip sector this year.\nAlong with its upbeat forecast, Micron (MU) got high marks from Rosenblatt Securities analyst Hans Mosesmann, who named Micron (MU)one of his top semiconductor picks for 2022. By the time U.S. stock markets closed Thursday, Micron (MU) shares had climbed 13% for the week.\nOracle(NYSE:ORCL)appeared to be going back to its old-school big-dealing ways when it said it would pay $28.3 billion in cash to buy healthcare technology company Cerner(NASDAQ:CERN)in what stands to be Oracle's (ORCL) largest-ever acquisition.\nChinese tech stocks had their usual bit of drama, as Alibaba(NYSE:BABA)shares bounced up and down after Atlantic Equities downgraded the Internet giant, and JD.com(NASDAQ:JD)slumped at the end of the week after Tencent Holdings(OTCPK:TCEHY)said it would divest most of its holdings in the Chinese e-commerce and retail company.\nAnalysts spent much of the week leading up to Christmas by getting in their takes on what to expect from various tech sectors next year.\nUBS analyst Timothy Arcuri said Nvidia(NASDAQ:NVDA), Micron (MU) and Marvell(NASDAQ:MRVL)were his top selections for investors looking at semiconductor stocks in 2022, while Citi analyst Jim Suva gave five examples of why Apple(NASDAQ:AAPL)shares should continue to rise next yearand lift the company's market value past $3 trillion.\nMeanwhile, MKM Partners managing director pointed out10 examples of \"Black Swan\" eventsthat, while not likely to happen, would have huge impacts on the Internet sector if they did.\nYou know all those kids and everyone else that using and watching videos on TikTok? Well, they have all helped TikTok to surpass Google(NASDAQ:GOOG)as the world's most-popular website this year.\nAmazon(NASDAQ:AMZN)was able to claim a title, of sorts, as a new survey from the Washington Post said they felt the e-commerce titan was just a bit more trustworthy than Apple(AAPL).\nAs the Omicron variant of the Covid-19 virus continued to spread, Apple (AAPL) closed eight of its North American retail stores due to rises cases among employees. Meanwhile, the state of the upcoming Consumer Electronics Show in Las Vegas began to get cloudy as Amazon (AMZN), Twitter(NYSE:TWTR)and Facebook's Meta Platforms(NASDAQ:FB)pulled out of the in-person part of the tech conference due to concerns about the Covid-19 pandemic.","news_type":1},"isVote":1,"tweetType":1,"viewCount":871,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":7,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"hasMoreComment":false,"orderType":2}