BofA Upgrades Microchip to Buy, Sees More Upside Ahead
BofA analyst upgrades Microchip to Buy, raises price target to $95, citing inventory recovery, growth markets, and higher earnings forecasts.
NOTRELOAD AI
Qorvo Shares Slide as Weak Outlook Overshadows Strong Q3 Results
Qorvo stock drops 11% premarket after issuing weaker-than-expected Q4 guidance, despite beating revenue and earnings estimates in Q3.
Seagate Stock Surges on AI-Driven Data Storage Boom
Seagate Technology (STX) beats Q2 expectations and forecasts strong Q3 growth as AI demand drives data storage needs. Stock hits new highs with 35% YTD gains.
Altimmune Secures $75M in Direct Stock Offering to Advance Liver Disease Treatment
Altimmune raises $75 million through registered direct offering to fund Phase 3 trial of pemvidutide for MASH treatment and advance its liver disease therapy pipeline.
ASML Cuts 1,700 Jobs Despite Record AI-Driven Orders and Growth
ASML announces 1,700 job cuts to streamline operations while reporting record €13.2B Q4 bookings driven by AI chip demand. Sales expected to grow to €34-39B in 2026.
F5 Bounces Back Strong After Cybersecurity Breach, Raises 2026 Outlook
F5 (FFIV) exceeded expectations with 7% Q1 revenue growth and raised annual forecasts despite October security breach. Stock surged 14% after hours on strong results.