nLIGHT ( LASR ) priced its recent public offering of common stock at $44.00 per share. The company is offering ~3.98M shares, expecting gross proceeds of about $175M before underwriting discounts and expenses. The underwriters have a 30-day option to buy up to 596,590 more shares at the same price. The offering should close on February 5, 2026. The company plans to use net proceeds for working cap...
nLIGHT ( LASR ) priced its recent public offering of common stock at $44.00 per share. The company is offering ~3.98M shares, expecting gross proceeds of about $175M before underwriting discounts and expenses. The underwriters have a 30-day option to buy up to 596,590 more shares at the same price. The offering should close on February 5, 2026. The company plans to use net proceeds for working capital, capital expenditures, and general corporate purposes. The stock price dropped 9% on Wednesday during pre-market hours of trading. More on nLight nLIGHT: Riding The Market Dynamics For Sustainable Growth nLIGHT: I Am Not Enlightened Here nLIGHT, Inc. 2025 Q3 - Results - Earnings Call Presentation nLIGHT launches proposed underwritten public offering of common stock nLIGHT expands high-energy laser production; shares up
Feb 4 (Reuters) - Nvidia CEO Jensen Huang dismissed fears that artificial intelligence will replace software and related tools, calling the idea "illogical", after a significant selloff in global software stocks on Tuesday. The selloff, partly sparked by AI developer Anthropic's updated chatbot release last week that heightened fears of AI-driven disruption in the data and professional services...
Feb 4 (Reuters) - Nvidia CEO Jensen Huang dismissed fears that artificial intelligence will replace software and related tools, calling the idea "illogical", after a significant selloff in global software stocks on Tuesday. The selloff, partly sparked by AI developer Anthropic's updated chatbot release last week that heightened fears of AI-driven disruption in the data and professional services industry, broadened on Wednesday, hitting software stocks in India, Japan and China. Speaking at an artificial intelligence conference in San Francisco hosted by Cisco Systems Huang said worries that AI will make software companies less relevant are misguided and AI will continue to rely on existing software rather than rebuild basic tools from scratch. "There's this notion that the tool in the software industry is in decline, and will be replaced by AI ... It is the most illogical thing in the world, and time will prove itself," Huang said. "If you were a human or robot, artificial, general robotics, would you use tools or reinvent tools? The answer, obviously, is to use tools ... That's why the latest breakthroughs in AI are about tool use, because the tools are designed to be explicit." Shares of Indian IT exporters slumped 6.3% on Wednesday, tracking losses in global software stocks. Tech services firm Infosys was among the biggest losers, plunging 7.3%. China's CSI Software Services Index also fell 3%, while in Hong Kong, shares of software company Kingdee International Software Group tumbled more than 13%. In Japan, staffing agency Recruit Holdings and Nomura Research tumbled 9% and 8%, respectively. (Reporting by Nilutpal Timsina and Shivani Tanna in Bengaluru, Rae Wee, Tom Westbrook and Gregor Stuart Hunter in Singapore; Editing by Miyoung Kim and Christian Schmollinger)
Key Points Chewy is a strong growth stock with a recession-resistant business. Dutch Bros has a long runway of growth in front of it. 10 stocks we like better than Chewy › The tech space isn't the only sector to find attractive stocks to buy this month. Consumer stocks also have some attractive growth options. Let's look at two stocks to buy this month. Where to invest $1,000 right now? Our analys...
Key Points Chewy is a strong growth stock with a recession-resistant business. Dutch Bros has a long runway of growth in front of it. 10 stocks we like better than Chewy › The tech space isn't the only sector to find attractive stocks to buy this month. Consumer stocks also have some attractive growth options. Let's look at two stocks to buy this month. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » Chewy E-commerce pet retailer Chewy (NYSE: CHWY) is a nice combination of a growth stock with a recession-resistant business. Meanwhile, the stock is attractively valued, trading at a forward price-to-earnings (P/E) multiple of just 18.5 times fiscal 2026 estimates. Chewy has one of the most stable businesses in all of retail. It primarily sells pet food and other essential pet supplies. Meanwhile, more than 80% of its sales come from auto-ship customers who get pet food and other items automatically delivered to their homes. The company has been seeing robust sales growth, with revenue rising by more than 8.5% through the first nine months of its fiscal year. Another big part of the Chewy story is gross margin expansion. It is seeing solid momentum in high-margin sponsored ads and a new paid membership program. It's also been pushing into higher-margin private label brands and pet pharmacy services. Private label brands can have up to 700-basis-point higher gross margins than national brands, while its pet health and pharmacy business can have gross margins that are as much as 10 percentage points higher than its retail business. This should help propel profit growth in the coming years and make it a top stock to buy this month. Dutch Bros Having recently traveled out west, it is easy to see why Dutch Bros (NYSE: BROS) is one of the hottest concepts in the restaurant space. While it has long lines at its drive-thru concepts, service is swift and its drinks are tasty. Meanwhile, the c...
Almost half a trillion dollars has been wiped off cryptocurrencies in less than a week as a selloff led by Bitcoin accelerated. The declines follow a volatile week across global markets that also saw sharp swings in gold and silver. Bloomberg’s Ven Ram reports.
Almost half a trillion dollars has been wiped off cryptocurrencies in less than a week as a selloff led by Bitcoin accelerated. The declines follow a volatile week across global markets that also saw sharp swings in gold and silver. Bloomberg’s Ven Ram reports.
A new AI automation tool from Anthropic PBC sparked a $285 billion rout in stocks across the software, financial services and asset management sectors on Tuesday. The selloff started before the US market opened on Tuesday as traders pointed to a release on the Anthropic website as the reason behind steep declines in the shares of credit and marketing services company Experian Plc, business and leg...
A new AI automation tool from Anthropic PBC sparked a $285 billion rout in stocks across the software, financial services and asset management sectors on Tuesday. The selloff started before the US market opened on Tuesday as traders pointed to a release on the Anthropic website as the reason behind steep declines in the shares of credit and marketing services company Experian Plc, business and legal software maker RELX PLC and the London Stock Exchange Group Plc. Bloomberg Intelligence’s Matthew
The FTSE 100 ultimately fell about 0.3% yesterday, because a rally in mining stocks strengthened and offset a large portion of the declines suffered in the data and software industry. The UKâs benchmark is short on tech, for sure, but what it does have is a group of software, data and analytics companies that have been caught up in a wave of worry about being losers from the AI boom. Anthropic, ...
The FTSE 100 ultimately fell about 0.3% yesterday, because a rally in mining stocks strengthened and offset a large portion of the declines suffered in the data and software industry. The UKâs benchmark is short on tech, for sure, but what it does have is a group of software, data and analytics companies that have been caught up in a wave of worry about being losers from the AI boom. Anthropic, the AI company, launched a new automation tool for the legal industry which set off jitters about the competition that companies in the sector will face. That caused shares in the likes of RELX and London Stock Exchange Group to fall, and those declines accelerated as the day progressed. The selling then spread into US software companies and dragged the Nasdaq 100 to a 1.6% loss for the day, and have also hit the same sectors in Asian trading. And unwelcome message for the FTSE 100 then that not only does it lack stocks that have the kind of direct benefit from the AI boom that the US market is rich in, but the tech-adjacent companies it does have are classed a possible losers from the disruption too.