The most “top-tier” scene tonight—the protagonist isn’t even a coin. A quarterly report for a memory-chip stock pins global capital to the screen. Crypto, meanwhile, is quiet as if it’s just sitting in as a student. That contrast says a lot.
Micron (MU) released its Q4 earnings for fiscal 2026 after the U.S. market close on September 30. This stock is up about 600% over the past year. Its market cap once surged to $1.39 trillion, pushing into the top 10 of U.S. stocks—leaving Tesla behind. The market’s revenue expectation is roughly $50.8 billion, which is close to a 350% year-over-year increase. Last quarter’s numbers were the revenue at $41.456 billion and adjusted EPS of $25.11. The only “surprise” was that there was no surprise.
My take is straightforward: if it doesn’t beat expectations tonight, that would be the incident. The supply-demand gap is still widening. Before JPMorgan’s earnings report, it reiterated a buy and a $1,540 price target. D.A. Davidson even called for $2,000. But don’t be shocked if it beats either—its guidance of EPS at $30.73 was already priced in long ago. What really determines whether it can climb another rung is whether long-term locked supply contracts keep deliveries secured for a few more quarters.
The key question: will this fire reach the crypto market? I don’t think so. Just look at the order book. XRP is stuck around $1.50 without moving. UNI is at $8.85, with only about $61 million traded over the past 24 hours. Even old-school blue-chips are sitting there, one by one, showing remarkable patience. This year’s AI capital has been poured into U.S. equities—there’s no sign it came via the crypto route. Money is just swapping locations, not truly entering the arena.
A single earnings report can make the entire world stare at one number—this kind of massively hyped “center-stage” moment is something we in this circle only see with Old Ma’s dog. Tomorrow morning, pre-market, we’ll watch Micron’s post-close “face.” Whether the AI narrative changes direction—then we’ll compare answers together.
🐶 Let’s watch Old Ma’s dog together ✨🚀
Micron (MU) released its Q4 earnings for fiscal 2026 after the U.S. market close on September 30. This stock is up about 600% over the past year. Its market cap once surged to $1.39 trillion, pushing into the top 10 of U.S. stocks—leaving Tesla behind. The market’s revenue expectation is roughly $50.8 billion, which is close to a 350% year-over-year increase. Last quarter’s numbers were the revenue at $41.456 billion and adjusted EPS of $25.11. The only “surprise” was that there was no surprise.
My take is straightforward: if it doesn’t beat expectations tonight, that would be the incident. The supply-demand gap is still widening. Before JPMorgan’s earnings report, it reiterated a buy and a $1,540 price target. D.A. Davidson even called for $2,000. But don’t be shocked if it beats either—its guidance of EPS at $30.73 was already priced in long ago. What really determines whether it can climb another rung is whether long-term locked supply contracts keep deliveries secured for a few more quarters.
The key question: will this fire reach the crypto market? I don’t think so. Just look at the order book. XRP is stuck around $1.50 without moving. UNI is at $8.85, with only about $61 million traded over the past 24 hours. Even old-school blue-chips are sitting there, one by one, showing remarkable patience. This year’s AI capital has been poured into U.S. equities—there’s no sign it came via the crypto route. Money is just swapping locations, not truly entering the arena.
A single earnings report can make the entire world stare at one number—this kind of massively hyped “center-stage” moment is something we in this circle only see with Old Ma’s dog. Tomorrow morning, pre-market, we’ll watch Micron’s post-close “face.” Whether the AI narrative changes direction—then we’ll compare answers together.
🐶 Let’s watch Old Ma’s dog together ✨🚀
