ACMR Price $41.90 Change +6.5% Volume 287,800 ACM Research, Inc. surged 6.5% to $41.90 on Wednesday, riding a broad rally across semiconductor equipment and materials stocks that lifted the entire sector. Sector-wide strength. The rally in ACM Research came as part of a coordinated move higher across its peer group, with six sector peers posting […]
ACM Research, Inc. (ACMR) Jumps 6.5% to $41.90 Read More »
PBF Price $47.47 Change -5.6% Volume 2.1M PBF Energy shares tumbled 5.6% on Tuesday, closing at $47.47 as investors reacted to a massive wave of insider selling totaling $373.4M over the past 30 days. The refining stock fell on volume of 2.1M shares as major shareholders and executives unloaded significant positions, raising red flags about
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By Marc Kavinsky, Lead Editor at IoT Business News. Berg Insight forecasts the active installed base of video telematics systems in North America and Europe to reach about 22 million units by 2030, underscoring how quickly camera-led safety and operations tools are becoming mainstream in commercial fleets. Fleet telematics has long been about location, engine
UNF|EPS $1.13|Rev $622.5M|Net Income $20.5M UniFirst Corporation reported Q2 2026 diluted earnings of $1.13 per share on revenue of $622.5M, marking a challenging quarter for the workplace uniforms and protective wear provider. Bottom-line profit came in at $20.5M as the company navigated margin pressures in its core markets across the United States, Europe, and Canada.
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RH Price $108.81 Change -22.2% Volume 3.0M RH shares plunged 22.2% on Wednesday to $108.81 after two Wall Street firms slashed their price targets on the luxury home furnishings retailer, with analysts cutting targets by an average of 13.6%. Morgan Stanley and Telsey Advisory Group both trimmed their outlook. Morgan Stanley maintained its Overweight rating
Rh (RH) Plunges 22.2% to $108.81 Read More »
“No One Knows What Will Happen Now”: Justice Jackson Warns Against Unbridled Free Speech Authored by Jonathan Turley, Justice Ketanji Brown Jackson is again warning of a growing threat to the nation. In her lone dissent in Chiles v. Salazar, Jackson observed that “to be completely frank, no one knows what will happen now.” The ominous
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SMTC Price $81.58 Change +6.1% Volume 346,804 Semtech Corporation surged 6.1% on Wednesday to $81.58 as a broad rally swept through semiconductor sector peers, with four comparable companies posting solid gains alongside the analog and mixed-signal chip maker. Sector strength drove the move. Semtech’s advance mirrored momentum across its peer group, with LSCC climbing 4.3%,
Semtech Corporation (SMTC) Jumps 6.1% to $81.58 Read More »
VECO Price $35.87 Change +5.9% Volume 192,294 Veeco Instruments Inc. surged 5.9% to $35.87 on Wednesday as a broad rally swept across semiconductor equipment stocks, with the company riding a wave of sector optimism that lifted seven peers alongside it. Sector-wide strength. The move came as part of a synchronized climb across semiconductor equipment and
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CIEN Price $417.82 Change +7.6% Volume 789,526 Ciena Corporation surged 7.6% on Wednesday, riding a powerful rally across communication equipment sector peers that saw several stocks post even stronger gains. Shares climbed to $417.82 on volume of 789,526 shares as the company’s $59.1 billion market cap swelled alongside a broad sector rotation into networking and
Ciena Corporation (CIEN) Jumps 7.6% to $417.82 Read More »
LITE Price $766.00 Change +9.0% Volume 2.4M Lumentum Holdings Inc. surged 9.0% to $766.00 on Wednesday as a powerful rally swept through communication equipment stocks, lifting the entire sector on heavy trading volume. The rally was broad-based and synchronized. Five sector peers posted substantial gains alongside Lumentum, with AAOI leading the charge with a 12.5%
Lumentum Holdings Inc. (LITE) Jumps 9.0% to $766.00 Read More »
