European investors chasing AI winners have turned to Switzerland, sending shares of two optical component makers sharply higher this week. AMS-Osram AG , whose micro LED technology is increasingly explored by cloud providers to streamline artificial intelligence computing workloads, is set for its best week in over a year. The chipmaker’s shares soared almost 30% on Thursday after its earnings and...
European investors chasing AI winners have turned to Switzerland, sending shares of two optical component makers sharply higher this week. AMS-Osram AG , whose micro LED technology is increasingly explored by cloud providers to streamline artificial intelligence computing workloads, is set for its best week in over a year. The chipmaker’s shares soared almost 30% on Thursday after its earnings and forecast beat expectations. Huber + Suhner AG , a provider of optical circuit switches that use light signals to create communication paths within data centers, is up 16% and hit a record high. The gains in Switzerland underscore how investors are searching for fresh targets with exposure to the AI boom as rallies in some small-cap names become stretched. Shares of semiconductor wafer maker Soitec , for example, may have limited further upside after jumping more than 600% in Paris this year, while the UK’s IQE Plc has rocketed by over 850%. The frenzy has been driven by optimism around the potential for fiber optics to transmit data faster and consume less energy than traditional copper-based connections, with companies in the optical supply chain poised to benefit. The rapidly growing use of chatbots like ChatGPT or agentic AI tools like Claude Cowork makes it more critical for data center operators to move data more efficiently. Read more: Rally in Europe’s Hot Photonics Stocks Starts to Look Stretched Huber + Suhner’s jump in recent days followed an increase by UBS Group AG analysts in their share price target , citing stronger momentum from data center-related revenues. “We see the upcoming business opportunity from optical circuit switches as highly margin accretive,” the analysts wrote. Photonics Protoype Increased demand for these products is attracting bulls to the sector. US-based Lumentum Holdings Inc. this week said it has seen a “significant step-up in requested output” for optical switches. As for Huber + Suhner, it set up a manufacturing site in Poland last y...
(RTTNews) - Artiva Biotherapeutics, Inc. (ARTV), a clinical-stage biotechnology company, on Friday announced the pricing of an underwritten offering of stock and pre-funded warrants.
(RTTNews) - Artiva Biotherapeutics, Inc. (ARTV), a clinical-stage biotechnology company, on Friday announced the pricing of an underwritten offering of stock and pre-funded warrants.
sankai United Microelectronics ( UMC ) said on Friday that sales for April rose 10.8% year-over-year to hit NT$22.66M. That brings January-to-April sales to a cumulative NT$83.7M, up 6.88% year-over-year. United Microelectronics shares fell 3.6% in premarket trading. More on United Microelectronics United Microelectronics Corporation 2026 Q1 - Results - Earnings Call Presentation United Microelect...
sankai United Microelectronics ( UMC ) said on Friday that sales for April rose 10.8% year-over-year to hit NT$22.66M. That brings January-to-April sales to a cumulative NT$83.7M, up 6.88% year-over-year. United Microelectronics shares fell 3.6% in premarket trading. More on United Microelectronics United Microelectronics Corporation 2026 Q1 - Results - Earnings Call Presentation United Microelectronics Corporation (UMC) Q1 2026 Earnings Call Transcript United Microelectronics Q1 Preview: Not Very Exciting (Downgrade) Foreign IT's strongest Quant picks are almost all semiconductors United Microelectronics beats Q1 street views
The U.S. says it intercepted Iranian attacks yesterday targeting three Navy ships. And, what to know about the hantavirus outbreak that started on a cruise ship. (Image credit: Amirhossein Khorgooei)
The U.S. says it intercepted Iranian attacks yesterday targeting three Navy ships. And, what to know about the hantavirus outbreak that started on a cruise ship. (Image credit: Amirhossein Khorgooei)
In this article AKAM Follow your favorite stocks CREATE FREE ACCOUNT The Akamai Technologies logo and lettering can be seen on the headquarters building at the company's German headquarters in Garching near Munich (Bavaria). Matthias Balk | Picture Alliance | Getty Images Akamai's stock jumped in early trading Friday after it announced a $1.8 billion deal with an AI company and posted first-quarte...
In this article AKAM Follow your favorite stocks CREATE FREE ACCOUNT The Akamai Technologies logo and lettering can be seen on the headquarters building at the company's German headquarters in Garching near Munich (Bavaria). Matthias Balk | Picture Alliance | Getty Images Akamai's stock jumped in early trading Friday after it announced a $1.8 billion deal with an AI company and posted first-quarter earnings that were in line with estimates. The stock was last up 25% in premarket trading, and shares are up 37% over the past 12 months. A "leading frontier model provider" has committed to $1.8 billion over seven years for cloud infrastructure services, Akamai's CEO Tom Leighton said Thursday. He did not name the provider. "Our security portfolio is also uniquely positioned to benefit from the rapid evolution of AI, with our enterprise customers needing our security products and expertise more than ever before," he added. The American cybersecurity and cloud computing firm reported Thursday that first-quarter revenue rose 6% to over $1 billion. The company's cloud infrastructure services revenue jumped 40% to $95 million, and security revenue was up 11% to $590 million. Meanwhile, its delivery and other cloud applications revenue fell 7% to $389 million in the quarter. Akamai said it expects revenue in the second quarter of between $1.08 billion and $.1.1 billion and adjusted net income per share between $1.45 and $1.65. Stock Chart Icon Stock chart icon Akamai shares year-to-date. Inference cloud The company has been scaling its cloud infrastructure business to meet rising demand for AI workloads and carve a name for itself alongside leading AI model developers like OpenAI and Anthropic, Akamai's Chief Technology Officer Robert Blumofe told CNBC last week. Blumofe explained that the company has three key pillars: content delivery, cybersecurity, and cloud infrastructure services. "The third pillar of our business, which is more recent, is what we call cloud infrastruct...
Shake Shack is trading at a discount investors can't ignore following an earnings-driven sell-off, according to Stifel. The investment firm upgraded the fast casual chain to buy from hold. It lowered its price target to $85 from $105, but that still implies 23% upside from Thursday's close. Shares tumbled 28% on Thursday after the company said it broke even for the first quarter on a per-share bas...
Shake Shack is trading at a discount investors can't ignore following an earnings-driven sell-off, according to Stifel. The investment firm upgraded the fast casual chain to buy from hold. It lowered its price target to $85 from $105, but that still implies 23% upside from Thursday's close. Shares tumbled 28% on Thursday after the company said it broke even for the first quarter on a per-share basis. Analysts polled by FactSet expect a profit of 12 cents per share. Same-store sales, a key metric for restaurant chains, was also just shy of expectations in the quarter. "The market has overreacted to disappointing 1Q earnings and soft April sales," analyst Chris O'Cull said in a note. "While restaurant margins have improved, we see an opportunity for meaningful EBIT margin expansion beyond our 2026 projection of ~4%, driven by significant G & A leverage (which management has promised), supporting more robust [free cash flow] generation." The results drove the stock to its lowest levels since early 2024. O'Cull added that, at roughly 12.5 times forward EBITDA, the stock is the cheapest it's been since the Covid-19 pandemic. SHAK 1D mountain Shake Shack's shares fell 28% on Thursday following its first-quarter earnings report. However, Shake Shack is poised to gain ground on its core value offering, or its $1-$3-$5 promotion, while its new menus and continued marketing investments should also drive more traffic to its stores, O'Cull noted. Stifel's call falls in line with consensus on the Street. Of the 30 analysts covering Shake Shack, 18 have a buy or strong buy on the stock, LSEG data shows. Shares have fallen nearly 15% in the year to date, underperforming the overall market.
EU regulators are giving Alphabet's Google a little bit more time to sooth their concerns after a previous proposal from the company fell short, the European Commission said on Friday. "Google is engaging with the Commission to defend itself and in other in order to offer a solution that really addresses the concerns that were raised in the case and in the preliminary findings," Commission s...
EU regulators are giving Alphabet's Google a little bit more time to sooth their concerns after a previous proposal from the company fell short, the European Commission said on Friday. "Google is engaging with the Commission to defend itself and in other in order to offer a solution that really addresses the concerns that were raised in the case and in the preliminary findings," Commission spokesperson Thomas Regnier told a daily news conference. The Commission, which acts as the EU competition enforcer, has charged Google with breaching the Digital Markets Act, which aims to rein in the power of Big Tech, and is in the midst of finalising its decision that could include a fine against Google.
Jensen Huang co-founded Nvidia (NASDAQ: NVDA) in 1993 and still owns roughly 3.5% of shares outstanding. He has given no indication that he plans to step down. Yet at a $5.1 trillion market cap, asking what happens to Nvidia without him is a fair governance question. Why Huang Is an Atypical Semiconductor CEO Huang narrated ... What Happens to Nvidia If Jensen Huang Steps Down?
Jensen Huang co-founded Nvidia (NASDAQ: NVDA) in 1993 and still owns roughly 3.5% of shares outstanding. He has given no indication that he plans to step down. Yet at a $5.1 trillion market cap, asking what happens to Nvidia without him is a fair governance question. Why Huang Is an Atypical Semiconductor CEO Huang narrated ... What Happens to Nvidia If Jensen Huang Steps Down?
stockcam/iStock Unreleased via Getty Images Airbnb's ( ABNB ) latest earnings report delivered a mixed picture, and its position in Seeking Alpha's travel sector Quant Rankings reflects exactly that ambiguity. The short-term rental giant sits sixth on the list with a Hold Quant rating of 3.24, sandwiched between the Buy-rated names above it and a group of traditional hotel operators below, a ranki...
stockcam/iStock Unreleased via Getty Images Airbnb's ( ABNB ) latest earnings report delivered a mixed picture, and its position in Seeking Alpha's travel sector Quant Rankings reflects exactly that ambiguity. The short-term rental giant sits sixth on the list with a Hold Quant rating of 3.24, sandwiched between the Buy-rated names above it and a group of traditional hotel operators below, a ranking that captures ABNB's current state: a strong business with an unresolved valuation debate. Q1 gross booking value surged 19% year-over-year to $29.2B, comfortably beating the $27.8B consensus estimate, and nights and experiences booked posted solid growth alongside a meaningful increase in average daily rates. But revenue fell 15.3% to $2.27B, missing consensus by $350M, a gap that reflects calendar shifts and currency effects rather than demand deterioration, but a miss nonetheless. Adjusted EBITDA rose 3% to $519M, and trailing twelve-month free cash flow stood at a robust $4.5B, underscoring that the underlying cash generation story remains intact. Airbnb sits below the five Buy-rated names on the travel sector leaderboard: Hilton Grand Vacations (HGV, 4.27), Expedia (EXPE, 4.22), H World Group (HTHT, 4.13), Marriott Vacations (VAC, 4.07), and Travel + Leisure (TNL, 3.62), and just ahead of Marriott International, Viking Holdings, Hyatt, and InterContinental, all of which carry Hold or near-Hold scores below 3.20. Here is the list: Hilton Grand Vacations Inc. ( HGV ), Quant Rating: 4.27 Expedia Group, Inc. ( EXPE ), Quant Rating: 4.22 H World Group Limited ( HTHT ), Quant Rating: 4.13 Marriott Vacations Worldwide Corporation ( VAC ), Quant Rating: 4.07 Travel + Leisure Co. ( TNL ), Quant Rating: 3.62 Airbnb, Inc. ( ABNB ), Quant Rating: 3.24 Marriott International, Inc. ( MAR ), Quant Rating: 3.19 Viking Holdings Ltd ( VIK ), Quant Rating: 3.12 Hyatt Hotels Corporation ( H ), Quant Rating: 3.02 InterContinental Hotels Group PLC ( IHG ), Quant Rating: 2.99 More on Airb...
HSBC Holdings Plc has carried out a “thorough review” of a $400 million fraud-related provision in its latest earnings and is updating its risk appetite, according to Chairman Brendan Nelson . “Obviously we cannot comment on names, but clearly fraud of that scale is a serious matter, and we were not very happy in the fact that we had to take the provision against it,” Nelson told shareholders at t...
HSBC Holdings Plc has carried out a “thorough review” of a $400 million fraud-related provision in its latest earnings and is updating its risk appetite, according to Chairman Brendan Nelson . “Obviously we cannot comment on names, but clearly fraud of that scale is a serious matter, and we were not very happy in the fact that we had to take the provision against it,” Nelson told shareholders at the bank’s annual general meeting on Friday in London. The surprise charge, part of $1.3 billion in expected credit losses booked for the first quarter, was tied to the failure of specialized UK mortgage lender Market Financial Solutions Ltd. , also known as MFS, a person with knowledge of the matter said earlier this week. HSBC, in its earnings report, described the provision as a “fraud-related, secondary, securitization exposure with a financial sponsor in the UK.” Apollo Global Management Inc. ’s unit Atlas SP Partners is the financial sponsor, people told Bloomberg News separately. Read More: HSBC Results Disappoint With Shock $400 Million MFS Charge Two MFS units had about £1 billion ($1.36 billion) of debt from Atlas-controlled vehicles, according to filings from administrators. Atlas, the structured-credit arm of Apollo, had about £400 million of exposure to MFS, representing about 1% of its balance sheet. Nelson told shareholders that HSBC believes it takes a “very cautious approach” to its exposures and he didn’t see this issue as “systemic.” He emphasized it’s still a provision and there’s still some way to go before determining the actual loss amount. On an earnings call on May 5, Chief Financial Officer Pam Kaur termed it as “idiosyncratic” and a “one-off” issue. “You must rest assured that this is taken extremely seriously within the group and right up to the board level, and that we have conducted a thorough review,” Nelson said. “There will be things that we will potentially look to address.” The lender hasn’t identified any comparable fraud concerns from the...
Electric bike and scooter rental startup Lime , backed by Uber Technologies ( UBER ), filed for an initial public offering on Friday, highlighting strong revenue growth and a rising number of users. The company, which is incorporated as Neutron Holdings, did not reveal the terms of the offering in the filing. Lime intends to list its common stock on Nasdaq under the ticker symbol “LIME.” Goldman S...
Electric bike and scooter rental startup Lime , backed by Uber Technologies ( UBER ), filed for an initial public offering on Friday, highlighting strong revenue growth and a rising number of users. The company, which is incorporated as Neutron Holdings, did not reveal the terms of the offering in the filing. Lime intends to list its common stock on Nasdaq under the ticker symbol “LIME.” Goldman Sachs & Co. LLC and J.P. Morgan are acting as lead book-running managers for the offering. Jefferies is acting as a book-running manager. Evercore ISI, Citizens Capital Markets, KeyBanc Capital Markets, Needham & Company and William Blair are acting as additional bookrunners. More on Uber Uber's Earnings: The Case For 50% Upside Uber Dispels The Robotaxi Fears With High Conviction Uber Q1: Stronger Than It Looks, Cheaper Than It Should Be Uber and Ulta Beauty extend their delivery partnership Uber targets up to 15 AV cities by year-end while expecting ‘hundreds of millions’ in insurance savings