Klaus Vedfelt Super Micro Computer ( SMCI ) appointed Vik Malyala as chief business officer. The AI infrastructure solutions provider said Malyala will be responsible for building partnerships and driving business development with major technology partners. Malyala previously served as senior vice president of Technology & AI and president and managing director of EMEA at Supermicro. The company n...
Klaus Vedfelt Super Micro Computer ( SMCI ) appointed Vik Malyala as chief business officer. The AI infrastructure solutions provider said Malyala will be responsible for building partnerships and driving business development with major technology partners. Malyala previously served as senior vice president of Technology & AI and president and managing director of EMEA at Supermicro. The company noted that as a former design engineer at Serverworks, Malyala has led Supermicro’s advancements in AI, high-performance computing, or HPC, and sustainable data center technologies, including energy-efficient solutions such as liquid cooling. Shares of Super Micro dipped about 1% premarket on Tuesday. More on Super Micro Computer Super Micro: The Risky AI Rebound Super Micro Computer: Explosive Revenue Growth, Broken Business Model -- Why This Is A Strong Sell Super Micro: Exiting Survival Mode Earnings Scoreboard: 82% of firms post Y/Y earnings growth, 88% of S&P 500 reporting firms top EPS estimates 19 of 20 S&P 500 tech companies beat EPS estimates: Earnings scorecard
Online seller eBay is rejecting an unsolicited $56 billion takeover offer from GameStop, calling the proposal “neither credible or attractive.” Ryan Cohen’s GameStop disclosed earlier this month that it was pursuing a takeover of eBay, seeing it as a vehicle to compete with online retail giant Amazon. The national gaming retailer said at the time that its approximately 1,600 U.S. stores could beco...
Online seller eBay is rejecting an unsolicited $56 billion takeover offer from GameStop, calling the proposal “neither credible or attractive.” Ryan Cohen’s GameStop disclosed earlier this month that it was pursuing a takeover of eBay, seeing it as a vehicle to compete with online retail giant Amazon. The national gaming retailer said at the time that its approximately 1,600 U.S. stores could become drop-off and shipping locations.
The central debate on Wall Street is starting to sound something like this: Bears say, "It's starting to look like 1999 – sell tech stocks," while bulls counter, "It's starting to look like 1999 – buy tech." This disagreement over whether to embrace or recoil from the market's resemblance to the final frenzy of the late-'90s tech-dominated bull market grows in part from certain technical extremes ...
The central debate on Wall Street is starting to sound something like this: Bears say, "It's starting to look like 1999 – sell tech stocks," while bulls counter, "It's starting to look like 1999 – buy tech." This disagreement over whether to embrace or recoil from the market's resemblance to the final frenzy of the late-'90s tech-dominated bull market grows in part from certain technical extremes being reached combined with atmospheric similarities to a former moment of all-consuming attention on a tech innovation wave. The semiconductor sector as measured by the Philadelphia Semiconductor Index has only ever been this overbought relative to its 200-day moving average twice: In early 2000 and before that in 1995. In 2000, it coincided with a generational market peak. In 1995, semis fell into their own bear marlet even as the broad indexes continued higher. The only times before last week when the S & P 500 hit a record high with so many of its stocks reaching fresh 52-week lows new lows were at or near important market tops, including near the end of the '90s bull. Bespoke Investment Group added on Monday: "Since 1996, the only other period where we saw the S & P at record highs with fewer than 60% of stocks above their 50- and 200-DMAs was from late 1998 to early 2000." Of course, that's not in itself a sell signal. Late 1998 was a fabulous time to be loaded up on tech stocks; the Nasdaq more than tripled between the autumn 1998 low and the ultimate March 2000 peak. .SOX YTD mountain Philadelphia Semiconductor Index, YTD Investors and strategists are properly noting that in the current market, the most aggressive price appreciation is occurring in shares of companies with the fastest upside earnings-forecast momentum. Micron Technology , the current lead horse in the semi stampede, has seen its fiscal 2027 profit projection literally double in under three months. As for the overall market, the S & P 500 fell from a high of 23-times forward earnings in late October ...
S&P 500 Index futures are down 0.4% as of 7:47 a.m. in New York amid a retreat in high-flying technology stocks. Nasdaq 100 futures are down 0.8% Dow Jones Industrial Average futures are little changed The MSCI World Index is down 0.1% Here are some of the biggest US movers before Tuesday’s bell: Magnificent Seven : Tesla (TSLA) -1.5%, Alphabet (GOOGL) -0.9%, Amazon (AMZN) -0.8%, Nvidia (NVDA) -0....
S&P 500 Index futures are down 0.4% as of 7:47 a.m. in New York amid a retreat in high-flying technology stocks. Nasdaq 100 futures are down 0.8% Dow Jones Industrial Average futures are little changed The MSCI World Index is down 0.1% Here are some of the biggest US movers before Tuesday’s bell: Magnificent Seven : Tesla (TSLA) -1.5%, Alphabet (GOOGL) -0.9%, Amazon (AMZN) -0.8%, Nvidia (NVDA) -0.8%, Microsoft (MSFT) -0.6%, Meta Platforms (META) -0.5%, Apple (AAPL) -0.4% AST SpaceMobile (ASTS) falls 11% after the satellite internet company reported revenue for the first quarter that missed the average analyst estimate. The firm also had a wider loss than forecast. GameStop (GME) slips 3% after eBay Inc. rejected a $56 billion takeover offer from the company. GitLab (GTLB) is down 11% after the software company announced plans to cut jobs and make operational changes. Raymond James says efforts to retool the business while cutting staff may be challenging, while RBC says guidance for in-line 1Q results suggests no upside versus prior beats. Harmonic (HLIT) rises 15% after the communications equipment company reported first-quarter results that beat expectations and gave an outlook that is seen as strong, underlining positive momentum. Harrow (HROW) slumps 10% after the eyecare pharmaceutical firm posted an adjusted Ebitda loss for the quarter, disappointing analysts who’d forecasted a profit. The company also reported revenue for the first quarter that fell short of the average analyst estimate. Hims & Hers Health (HIMS) slides 15% after the telehealth firm projected 2Q Ebitda that missed consensus estimate, a result of higher costs as it transitions to branded products. IHeartMedia (IHRT) slips 4% after the media entertainment and radio broadcasting firm provided a disappointing forecast adjusted Ebitda for the second quarter. Microvast Holdings Inc. (MVST) sinks 40% after the battery firm reported first-quarter revenue that fell short of the average analyst estimat...
10am: Nasdaq opens lowest as semiconductor and techn stocks sold Wall Street has joined in the Tuesday selling mood, led by the Nasdaq, down 0.85%. The Dow Jones has opened 289 points in the red and the S&P 500 lost 42 points, both down 0.6%. Biggest fallers on the Dow...
10am: Nasdaq opens lowest as semiconductor and techn stocks sold Wall Street has joined in the Tuesday selling mood, led by the Nasdaq, down 0.85%. The Dow Jones has opened 289 points in the red and the S&P 500 lost 42 points, both down 0.6%. Biggest fallers on the Dow...
Neo Performance Materials press release ( NOPMF ): Q1 Non-GAAP EPS of $0.34. Revenue of $154.96M (+27.4% Y/Y). More on Neo Performance Materials Inc. Neo Performance Materials Inc. 2025 Q4 - Results - Earnings Call Presentation Neo Performance Materials Inc. (NEO:CA) Q4 2025 Earnings Call Transcript Historical earnings data for Neo Performance Materials Inc. Dividend scorecard for Neo Performance ...
Neo Performance Materials press release ( NOPMF ): Q1 Non-GAAP EPS of $0.34. Revenue of $154.96M (+27.4% Y/Y). More on Neo Performance Materials Inc. Neo Performance Materials Inc. 2025 Q4 - Results - Earnings Call Presentation Neo Performance Materials Inc. (NEO:CA) Q4 2025 Earnings Call Transcript Historical earnings data for Neo Performance Materials Inc. Dividend scorecard for Neo Performance Materials Inc. Financial information for Neo Performance Materials Inc.
POET Technologies ( POET ) on Tuesday said it appointed semiconductor industry veteran Sandeep Kumar as chief operating officer as the company ramps manufacturing capabilities for AI network optical engines and light sources. Kumar joins from Silicon Labs, where he spent more than 18 years and most recently served as senior vice president of worldwide operations, overseeing manufacturing, supply c...
POET Technologies ( POET ) on Tuesday said it appointed semiconductor industry veteran Sandeep Kumar as chief operating officer as the company ramps manufacturing capabilities for AI network optical engines and light sources. Kumar joins from Silicon Labs, where he spent more than 18 years and most recently served as senior vice president of worldwide operations, overseeing manufacturing, supply chain, engineering, and quality functions. CEO Suresh Venkatesan said Kumar will help scale operations in Malaysia for high-volume production. Kumar was granted 410,397 restricted share units under POET’s 2025 Omnibus Incentive Plan, vesting equally over three years. Stock up +6% in premarket trading. More on POET Technologies POET Technologies: The Human Element Slammed The Stock, But I'm Still At 'Buy' POET Technologies: A Valuation Built On Fragile Foundations POET Technologies: Why I'm Still Bullish Despite The Marvell Drama And Legal Risks Strong Buy at under $10: The highest Quant-rated bargain stocks right now Bulls vs. Bears: Reviewing POET’s fall from grace
(RTTNews) - Rigel Pharmaceuticals, Inc. (RIGL) on Tuesday said it has entered into a global license agreement with Arvinas, Inc. (ARVN) and Pfizer Inc. (PFE) to develop, manufacture and commercialize beast cancer treatment Veppanu.
(RTTNews) - Rigel Pharmaceuticals, Inc. (RIGL) on Tuesday said it has entered into a global license agreement with Arvinas, Inc. (ARVN) and Pfizer Inc. (PFE) to develop, manufacture and commercialize beast cancer treatment Veppanu.
Monty Rakusen/DigitalVision via Getty Images The employment situation for U.S. teens held fairly steady in April 2026. The seasonally adjusted number of employed Americans Age 16-19 was 5,379,000. This total falls within the range of 5,357,000 and 5,425,000 recorded for each month in 2026. The same pattern holds when looking at the data for younger teens (Age 16-17) and older teens (Age 18-19). Ol...
Monty Rakusen/DigitalVision via Getty Images The employment situation for U.S. teens held fairly steady in April 2026. The seasonally adjusted number of employed Americans Age 16-19 was 5,379,000. This total falls within the range of 5,357,000 and 5,425,000 recorded for each month in 2026. The same pattern holds when looking at the data for younger teens (Age 16-17) and older teens (Age 18-19). Older teens have seen their numbers range between 3,418,000 and 3,496,000 since January 2026, with the higher figure applying for April 2026. That puts a little under 42% of the Age 18-19 population into the employed category. Younger teens have seen their numbers within the working portion of the U.S. civilian labor force range between 1,926,000 and 2,000,000, with the U.S. Bureau of Labor Statistics reporting a seasonally adjusted total of 1,929,000 for April 2026, with a little under 21% of this age demographic's population counted as having jobs. For the combined Age 16-19 population, 30.6% were counted as employed after the BLS' seasonal adjustments. The following pair of charts presents these figures and shows the trends for teen employment since January 2021. That's a good sign since the U.S. is going into the summer hiring season, when large numbers of teens enter into the U.S. labor force each year as their school year ends. This video gives an idea of what kind of work many teens will be able to find during Summer 2026. Similar initiatives for local governments to create jobs for teens to support publicly funded summer programs work is being made in large U.S. cities. These programs are in addition to the regular seasonal employment spikes that take place in the private sector. Looking at longer-term trends, fewer teens can be expected to find work in 2026 than in the first two years following 2020's coronavirus pandemic. In those years, teens benefited for several reasons, including: They were much less likely to have health problems than older Americans related to...