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Ahead of Apple's Big iPhone 8 Launch, There Is Little to Be Seriously Concerned About With Micron

With Micron Technology Inc.'s ( MU ) shares up 43% in 2017 and over 200% from their early-2016 lows going into earnings, the bar was certainly set pretty high for the memory giant. And considering the memory industry's historical volatility, it's tough to fault those who aren't enthusiastic about any outlook that falls short of the kind of blowout guidance Micron  delivered in March . That said, Micron's May quarter results and August quarter guidance provided little to be seriously concerned about. The company's numbers do suggest that the DRAM industry won't see the kind of massive price gains it witnessed during the first half of 2017 during the second half of the year. But they also suggest that DRAM and NAND flash memory supply growth remains controlled, and that  demand is healthy  ahead of a pending iPhone 8 and 7S ramp -- especially for some higher-margin products. This column originally appeared on Real Money, our premium site for active tr...

Straggling Target needs to make a bold move behind Wal-Mart and Amazon

Target has made little apparent advancements in the grocery aisles and in beefing up its digital operations of late. Instead of acquiring smaller players, as Wal-Mart is doing, Target is investing around $7 billion back into its own business. Worrying Wall Street, shares of Target's stock are down more than 27 percent this year. Lauren Thomas |  @laurenthomasx3 2 Hours Ago CNBC.com 32 SHARES Getty Images Target  and  Wal-Mart  face many of the same headwinds in retail today, including the so-called  Amazon  effect, less foot traffic in stores and heated competition along the grocery aisles. And while Wal-Mart has shown it's not afraid to spend and acquire smaller players, Target has instead focused its efforts internally, choosing to lay low and reinvest in itself. The latest moves in the industry — Amazon encroaching into the grocery sector and announcing plans to acquire...