China launched a national security review of Micron (MU) this month. Renita Young and Kevin Green discuss this, as well as some of the latest earnings reports. First Republic Bank (FRC) earnings were released today, April 24th. Adjusted EPS came in at $0.85 versus an estimated $0.72 and revenue came in at $1.20B versus an estimated $1.13B. FRC says that 'recent industry events, beginning in March 2023, have impacted the banks funding sources.' They talk about how FRC experienced unprecedented deposit outflows. Whirlpool (WHR) earnings were also released today, postmarket with adjusted EPS coming in at $2.66 versus an estimated $2.14 and revenue coming in at $4.65B versus an estimated $4.55B. Kevin also look s at the technical trends to watch within these earnings. Tune in to find out more about the stock market today.
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