Coherent (COHR), a key beneficiary of a trend toward OLED displays in smartphones, easily topped earnings and revenue estimates after the close Tuesday and said it sees “unprecedented demand” across segments.
Stock futures pointed lower early Wednesday morning following a new wave of mixed earnings and President Trump’s abrupt firing of FBI Director James Comey.
That, in a nutshell, sums up investors’ sentiments on Yelp (YELP) right now. The company’s stock fell as much as 30% in after hours trading Tuesday after the company posted disappointing sales results.
Snap (SNAP) will release its first-ever post-IPO quarterly report on Wednesday. Though the recent new issue is expected to log huge revenue growth, it’s facing heavy competition from Facebook (FB) and its Instagram platform.
Shares in Acacia Communications (ACIA) plunged late Tuesday after the company was the latest maker of fiber-optic components to miss on guidance amid weaker demand from China.
Shares in Applied Optoelectronics (AAOI) jumped to an all-time high Tuesday as the stocks of other fiber-optic component makers rallied on investor hopes that demand in China will snap back in late 2017.
Telehealth platform Teladoc (NYSE:TDOC), which delivers on-demand healthcare via mobile devices, the internet, video, and phone, saw its stock skyrocket as much as 25.2% on Tuesday following the company’s first-quarter earnings release on Monday …
Shares of Proto Labs (NYSE:PRLB) soared 13.5% in April, according to data from S&P Global Market Intelligence. The quick-turn manufacturing service provider’s stock is up 19% for the year through May 8. For context, the S&P 500 returned 1% in April and …
Apple has another accomplishment to brag about. Its stock closed at a record high $153.99 on Tuesday, giving Apple a stock market value of $802.88 billion. Apple becomes the first-ever U.S. company with a stock-market value over $800 billion. Stock…
Even though it is a historical aberration, doesn’t the very low stock market volatility of 2017 make more sense than the kind of wild swings we saw until recently?
Expectation-beating first-quarter company results have lifted stock markets across the globe, with European full-year earnings forecasts set to be their best since 2010.
A turn higher in the last few minutes of trading was enough to nudge U.S. indexes to more record highs Monday as fear seemed to drain out of the market.
“Our idea today is United Airlines,” Gerstner said at the Sohn Investment Conference on Monday, an event at which Wall Street’s finest give their biggest stock picks of the year.”What do you need to believe to invest in United? You have to believe that …
NVIDIA jumped more than 13 percent in after-hours trading after earnings crushed Wall Street estimates. The company reported $0.79 EPS on $1.94 billion in revenue, beating consensus of $0.66 EPS on $1.91 billion in revenue.
After all, China’s 2015 stock-market plunge weighed on the U.S. and world markets, temporarily wiping out trillions of dollars in market capitalization.
NEW YORK A fall in oil prices knocked Wall Street stocks down a peg after touching record highs on Tuesday with European equities and global bond yields rising on bolstered investor sentiment thanks to historically low U.S.
Investors are still feeling out this new stock. Share prices topped out above $70 in September, only to crash back down to $30 per share in early November.
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