Last Friday, The Procter & Gamble Company (NYSE: PG) reported its fiscal third quarter financials, reflecting its ongoing struggle to bring back shoppers after scaring them off during two years of price hikes.
Micron will likely receive $6.1 billion in grants from the U.S. Commerce Department. This funding is for Micron's domestic factory, which aims to shift semiconductor production back to the U.S..
Procter & Gamble reported third-quarter FY24 sales growth of 1% year-on-year to $20.195 billion, missing the analyst consensus estimate of $20.408 billion. Adjusted EPS of $1.52 beat the consensus estimate of $1.41.