Benzinga Bulls and Bears: Alphabet, Micron, Nike
Key takeaways
- Alphabet and Micron gain on AI news, Nike slides on weaker revenue.
- Alphabet shares rose after Gemini 4 Argon launch
- Micron Q4 revenue $54.23 billion (vs $50.75 billion estimate)
- Micron Q4 adjusted EPS $33.42 (vs $31.45 estimate)
What happened
Alphabet’s stock rose after Google unveiled Gemini 4 Argon, its most advanced AI model, while Micron beat Q4 earnings estimates and projected a stronger fiscal 2027; Nike’s shares fell on weaker-than‑expected first‑quarter revenue and a 4% YoY decline.
Why it matters
The AI announcements signal Alphabet’s continued leadership in enterprise AI, potentially boosting its valuation; Micron’s strong results and guidance reinforce demand for AI chips, supporting its stock; Nike’s revenue dip and restructuring plan may weigh on its growth outlook.
Short-term and longer-term
Short-term. Alphabet’s shares jumped after the Gemini 4 Argon reveal, suggesting short‑term upside as the model rolls out to developers; Micron’s Q4 beat and upbeat 2027 outlook could lift the stock in the next few days as traders…
Longer-term. Alphabet’s AI push positions it as a long‑term growth driver, potentially justifying a higher valuation; Micron’s strong cash flow and guidance support an upbeat multi‑quarter view for AI chip demand; Nike’s…