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Oct 1, 2026
Micron Reports Strong Revenue Growth, Google Launches New AI Model, and Fed Officials Discuss Inflation
Oct 1, 2026
AI Summary
Micron Technology reported an 11-fold increase in data center revenue for its fiscal fourth quarter, exceeding expectations. Meanwhile, Google has begun rolling out its latest AI model, Gemini 4 Argon, and Federal Reserve officials continue to express concerns about inflation despite recent data showing softer price increases.
- S&P 500 futures are up as the index looks to recover from three consecutive losing sessions.
- Micron Technology reported an 11-fold increase in data center revenue for its fiscal fourth quarter, along with better-than-expected guidance for the current quarter. Despite this, shares dipped slightly in premarket trading after a significant rally over the past year.
- Minneapolis Federal Reserve President Neel Kashkari stated that inflation remains
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