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Lumentum reported fiscal Q4 earnings and revenue that topped estimates while fiscal Q1 2027 guidance came in slightly above views. The post Lumentum Earnings, Revenue Top Estimates As New Products Ramp appeared first on Investor’s Business Daily.
Supermicro trounced Wall Street’s earnings target for its fiscal Q4 and guided well above views for the current quarter. SMCI stock jumped. The post Snake-Bit Supermicro Surprises With Big Earnings Beat appeared first on Investor’s Business Daily.
Nvidia stock rose on news that the company has rounded up more than $500 billion in third-party capital for AI projects. The post Nvidia Stock Rises As Chipmaker Rounds Up Funding For AI Buildout appeared first on Investor’s Business Daily.
Everpure stock jumped following news that the data storage company has landed its second “design win” with a cloud giant. The post Everpure Stock Rallies After Cloud Deal. Why It Is A ‘Mic Drop Moment.’ appeared first on Investor’s Business…
Cardinal Health stock rose slightly early Tuesday on better-than-expected fiscal fourth-quarter earnings, but sales missed. The post Cardinal Health Ticks Higher Despite Medical Wholesaler’s Mixed Quarter appeared first on Investor’s Business Daily.
Ambiq Micro beat analyst estimates for the second quarter and with its guidance for the third quarter. Ambiq stock rose on the news. The post Ambiq Micro Stock Rises On Chipmaker’s Beat-And-Raise Report appeared first on Investor’s Business Daily.
Hims stock fell late Monday after second-quarter losses came in bigger than expected, upsetting a sales beat. The post Hims & Hers Topples As Deeper-Than-Expected Losses Outweigh Quarterly Beat appeared first on Investor’s Business Daily.
Life360 posted mixed results for the second quarter. Revenue rose 38% year over year but its earnings per share fell 25%. Life360 stock fell. The post Life360 Stock Plunges On Mixed Second-Quarter Report appeared first on Investor’s Business Daily.
TSMC said its sales in July rose nearly 6% from June and 45% year over year thanks to strong demand for AI chips. The post TSMC Sales Jump 45% On Strong AI Chip Demand But Investors Shrug appeared first on…
Vertex stock surged Monday after its competitor, Sionna Therapeutics, missed the mark for its highly anticipated cystic fibrosis treatment. The post Why Vertex Pharma Popped, As A Key Rival Plummeted 90% appeared first on Investor’s Business Daily.