What the re reveals is Nasdaq-100 index had an outstanding month in June.
What the re reveals is index, consisting of the 100 largest non-financial stocks listed on the Nasdaq stock market, gained 6, in today's financial world. 3% in June.
Nevertheless, The two powerhouse nology stocks below, however, performed even better. Moreover, Here's how well they did -- and why. Image source: Getty Images. Micron nology Micron nology's (MU -2.
75%) price increased 30. 5% last month. That made it the Nasdaq-100's top performer, amid market uncertainty.
Micron designs and manufactures data storage ducts that have uses in generative artificial intelligence (AI), an area that has garnered plenty of investors' interest lately given that it's in the early days of what many believe is a massive growth opportunity.
However, In late June, the company reported fiscal third-quarter results for the period on May 29. Moreover, Moreover, Micron nology reported revenue of $9, in this volatile climate.
3 billion, a 15 (fascinating analysis). Meanwhile, 5% increase from the previous quarter and up 36. Nevertheless, 6% from a year ago.
The company's high-bandwidth memory (HBM) used for AI training had quarter-over-quarter revenue growth of 50%. On the other hand, Management forecasts revenue of $10 (noteworthy indeed).
In contrast, 4 billion to $11 billion for the fourth quarter, a 15% rise from the third quarter at the midpoint of its guidance, given the current landscape. Arm Holdings Arm Holdings (ARM 2.
Meanwhile, 01%) stock appreciated by 29. 9% in June (this bears monitoring).
The company designs, develops, and licenses central cessing units (CPUs) for semiconductor and original equipment manufacturing companies Apple and Nvidia.
Arm Holdings' stock price has been volatile this year, with the s dropping from $122 to $85 in April after large across-the-board tariffs were announced.
The s subsequently recovered and closed at nearly $146 on July 11. June's price movement appears tied to broader positive sentiment after the Trump administration delayed some tariff implementations.
Arm Holdings reported fiscal fourth-quarter results in early May. At the same time, Revenue for the period on March 31 grew 34% year over year to $1, given current economic conditions.
Lawrence Rothman, CFA has no position in any of the stocks mentioned, in this volatile climate. The Motley Fool has positions in and recommends Apple and Nvidia.
Nevertheless, The Motley Fool has a disclosure policy.