Diamonds and Dogs


Micron (MU) is an easy diamond for the day. DRAM chip maker is up 5% as the company announces the decision to build a new mega chip factory in Clay, New York. Microns plans to invest $100 billion over the next 20-plus years with the first phase investment of $20 billion planned by the end of the decade. The factory will create 9000 Micron jobs with nearly 50,000 total jobs for New York.

Hasbro (HAS) lower on holiday outlook. The toymaker is down 2% on good news, bad news. Longer term, management expects higher revenue and margins by 2027, but in the short term Hasbro have seen challenging comps in third quarter and cautious about 2022 sales forecast.

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