What about mu, why it lost 7% after earning today.

Micron Technology (MU) experienced a decline of approximately 7% in its stock price after reporting earnings, despite showing better-than-expected results. This can be attributed to several factors:

1. Revenue Forecast: Micron's stock fell after the company reported a revenue forecast that was in line with estimates. Although the company reported better-than-expected results in terms of earnings per share and revenue, the market may have already priced in these positive outcomes, leading to a lack of positive reaction from investors.
2. Market Sentiment: The broader market sentiment and industry-specific factors also played a role in Micron's stock decline. For instance, the semiconductor industry is highly sensitive to changes in market sentiment and economic indicators. Any negative news or concerns within the industry can impact stock prices.
3. Inflation and Interest Rates: The Federal Reserve's stance on interest rates and inflation can significantly affect the semiconductor industry, as it impacts consumer spending and technology investments. The recent comments from Fed Chair Jerome Powell indicating that it might take longer to achieve confidence in inflation control may have dampened investor sentiment in tech stocks like Micron.
4. Geopolitical Tensions: Escalating tensions between Israel and Iran, as mentioned in the background, can create concerns about potential disruptions to business supply chains, particularly in the Middle East, which could impact Micron's operations and supply chain efficiency.
5. Stock Valuation: Micron's stock may have been overvalued, leading to a correction post-earnings. The stock had seen significant gains earlier in the year, which may have led to a reevaluation of its valuation by investors.
6. Investor Sentiment: The overall investor sentiment towards Micron and the semiconductor industry may have been negative, causing investors to sell off their positions despite the company's positive earnings report.

In conclusion, Micron Technology's stock decline after earnings can be attributed to a combination of factors, including market sentiment, industry dynamics, and investor behavior. While the company reported better-than-expected results, the market's reaction was influenced by broader economic and geopolitical concerns.