SpaceX Deal Ripples Through Telecom; Micron's Quant Scores; Cress's Path
This episode examines how an $8 billion SpaceX transaction triggered a sell-off among large telecom carriers and whether that reaction was justified. It also reviews Micron's Strong Buy quant rating, backed by top marks in valuation, growth, profitability, and momentum, and notes its recent earnings beats and positive analyst revisions. The host also hears Steve Cress describe his personal career history for the first time.
An $8 billion SpaceX deal was linked to a sell-off in major telecom stocks, prompting debate over whether the reaction was justified.
Micron holds a Quant Strong Buy, with top grades in valuation, growth, profitability, and momentum. It has beaten earnings every quarter since Q3 2023, and for the fiscal year analysts have made 13 upward revisions versus one downward. The episode also marks Steve Cress's first telling of his personal career history.
The telecom sell-off could affect investors holding carrier shares and may influence how operators approach satellite partnerships or network spending. If the market reaction proves excessive, retirement funds and retail portfolios exposed to those stocks might see short-term volatility. Micron's rating and earnings momentum may shape sentiment toward semiconductor suppliers, potentially affecting hiring, capital investment, and technology supply chains that touch consumers and businesses.