Market Movers: Micron, Barrick, Tiziana Life Sciences, American Resources, Intel, Monday.com, and Versarien

Micron Technology updated its Q4 guidance to $11.2 billion, up from $10.7 billion, driven by improved pricing in DRAM and strong execution. Royalty Management Holding reported record Q2 results with revenue rising 440% to $2.25 million. Intel shares gained 5% on reports CEO Lip-Bu Tan's visit to the White House. Monday.com's Q2 earnings beat expectations but its Q3 revenue guidance was slightly below analyst estimates.

Title: Micron Technology and Royalty Management Holding Report Strong Q2 Results

Micron Technology, Inc. (MU) shares rose in pre-market trading after the company revised its fourth-quarter fiscal 2025 outlook upward. The Boise, Idaho-based chipmaker now forecasts revenue of $11.2 billion, plus or minus $100 million, for the quarter ending August 28, 2025, marking an increase from its prior guidance of $10.7 billion, plus or minus $300 million [1]. The raised outlook reflects stronger-than-expected market conditions and customer demand, particularly in DRAM products.

The company also improved its non-GAAP gross margin forecast to 44.5%, plus or minus 0.5%, up from the earlier range of 42.0%, plus or minus 1.0%. Additionally, Micron now expects non-GAAP earnings per share (EPS) of $2.85, plus or minus $0.07, compared with its prior estimate of $2.50, plus or minus $0.15. Operating expenses guidance remains largely unchanged, with a slight adjustment to $1.22 billion, plus or minus $15 million.

In July, Micron announced new product innovations aimed at strengthening its competitive edge in the data center and specialized markets. The company unveiled three new data center solid-state drives (SSDs) built with its G9 NAND technology, including what Micron claims is the world’s first PCIe Gen6 NVMe SSD, the 9650 SSD, offering sequential read speeds of 28 GB/s—double the performance of competing products. Micron also introduced a 256-gigabit radiation-tolerant NAND flash memory device designed for space applications.

Analyst sentiment remains positive. Bernstein SocGen Group reiterated its outperform rating on Micron, citing stronger-than-expected results in the high-bandwidth memory (HBM) segment. HBM revenue grew nearly 50% quarter-over-quarter, surpassing $1.5 billion, according to the firm. CFRA also raised its price target for Micron to $155 from $117 while maintaining a Buy rating, highlighting HBM growth as a key driver of future earnings.

On the other hand, Royalty Management Holding reported record Q2 results with revenue rising 440% to $2.25 million. The company announced a 34% increase in year-over-year cash flows from operating activities to $51.4 million. This significant increase is attributed to strong performance from its gold and silver royalty streams [2].

Meanwhile, Intel shares gained 5% on reports of CEO Lip-Bu Tan's visit to the White House. Monday.com's Q2 earnings beat expectations but its Q3 revenue guidance was slightly below analyst estimates.

References

[1] https://www.tradingview.com/news/invezz:8f89e919d094b:0-micron-shares-rise-after-raising-q4-guidance-on-strong-dram-pricing/
[2] https://finance.yahoo.com/news/royalties-reports-q2-2025-results-203000693.html