Search the Newsreel

Sandisk Just Gave Micron Technology Investors Great News

Sandisk (NASDAQ: SNDK) and Micron Technology (NASDAQ: MU) are two memory stocks that have been exceptionally hot buys over the past year, with the former soaring by 3,400% and the latter rising by close to 700%. Investors have been loading up on these stocks …

Micron rises as White House presses Apple to avoid Chinese memory chips

Investing.com -- Micron Technology (NASDAQ:MU) shares gained 2.6% ahead of Monday's opening bell after the Trump administration publicly warned Apple against sourcing memory chips from Chinese suppliers to ease an AI-driven supply crunch. Micron is the direct beneficiary of Washington's stance: a U.S. Commerce …

SoFi trades higher as Piper Sandler initiates coverage with Buy equivalent

[SoFi Technologies Acquires Technisys SA For $1.1 Billion] Justin Sullivan/Getty Images News SoFi Technologies (SOFI [https://seekingalpha.com/symbol/SOFI]) was trading higher as Piper Sandler began coverage of the stock with a Buy-equivalent rating on growth. Shares were 1.69% higher at $18.60 during pre-market trading on Monday. …

Wrap Technologies prices $12M direct offering

Wrap Technologies (WRAP [https://seekingalpha.com/symbol/WRAP]) on Monday announced the pricing of a registered direct offering consisting of 8.57M shares at an offering price of $1.40 per share for gross proceeds of ~$12M. The company intends to use the proceeds from the offering for general corporate …

Revenue grew 67%; Capstone shareholders can ask what's next

Semtech Corporation to Host Data Center Teach-in Event on Oct. 15, 2026

Event to feature strategy overview, technology portfolio and long-term financial objectives from Semtech leadership CAMARILLO, Calif., August 17, 2026--(BUSINESS WIRE)--Semtech Corporation (Nasdaq: SMTC), a leading provider of high-performance semiconductors powering AI data center networking and intelligent, connected Internet of Things ("IoT") devices worldwide, will …

MKS Inc. Earns 2026 Zhen Ding Technology Group Distinguished Contribution Awards for Service Excellence and Technology Innovation

MKS Inc. ANDOVER, Mass., Aug. 17, 2026 (GLOBE NEWSWIRE) -- MKS Inc. (Nasdaq: MKSI), a global provider of technologies that transform our world, today announced it has received two distinguished contribution awards for 2026 from Zhen Ding Technology Group ("Zhen Ding"), a leading printed …

Uber partners with Zipline for drone delivery expansion

Uber Technologies Inc. is partnering with Zipline to expand its drone delivery services on Uber Eats, aiming for one million daily drone deliveries by the end of 2029. The service will launch in existing Zipline markets and expand to dozens of U.S. cities, integrating …

L3Harris Ousts Christopher Kubasik as Chairman, CEO After Investigation Into His Conduct

L3Harris Technologies has removed Christopher Kubasik as its chairman and CEO following an investigation into an alleged violation of the company's code of conduct. The defense contractor stated that Kubasik's alleged conduct did not impact the company's financial reporting, controls, customer relationships, or operational …

Hengxin Technology Signals Return to Profit With Positive Interim Warning

Zhibao Technology Inc. Announces Closing of $154.7 Million PIPE Financing

Zhibao Technology Inc. (NASDAQ: ZBAO) has successfully closed a $154.7 million PIPE financing. The transaction involved 442,000,000 PIPE Units at $0.35 per Unit, with a portion delivered at closing and the remainder pending shareholder approval. The investment, paid in 2,380 Bitcoins, is expected to …

2,380 Bitcoin Funded Zhibao Technology's Deal—What Comes Next?

Zhibao Technology Inc. (NASDAQ: ZBAO) has successfully closed a $154.7 million PIPE financing, issuing 442 million units at $0.35 each, with the full purchase price paid by investors contributing 2,380 Bitcoins based on a reference price of $65,000 per Bitcoin. This strategic move aims …

Harvard endowment discloses $2.2 billion SpaceX stake

Harvard Management Co. disclosed a $2.2 billion stake in SpaceX, making Space Exploration Technologies Corp. the largest single stock position in the endowment's quarterly securities filing. According to the 13F filing, submitted last Friday, Harvard's total U.S. equity holdings stood at $4.3 billion at …

Hi-Tech Pipes Q1FY27 revenue up 79%, targets ₹4,000 EBITDA/tonne by FY28

Micron Technology MU Draws Aggressive AI Price Targets

Micron Technology (MU) is experiencing significant upward momentum, trading up 3.12% due to robust AI-chip demand and optimistic memory pricing. Analyst firms like New Street Research and UBS have issued aggressive "Buy" ratings and high price targets, citing tight high-bandwidth memory (HBM) supply and …

Trinity Biotech (TRIB) makes AI data-center cooling push

If You Invested $1000 in Micron a Decade Ago, This is How Much It'd Be Worth Now

How much a stock's price changes over time is important for most investors, since price performance can both impact your investment portfolio and help you compare investment results across sectors and industries. FOMO, or the fear of missing out, also plays a role in …

HIVE Digital Technologies inks five-year, $350M GPU cloud agreement

HIVE Digital Technologies inks five-year, $350M GPU cloud agreement Proactive uses images sourced from Shutterstock HIVE Digital Technologies Ltd (TSX:HIVE, NASDAQ:HIVE, FRA:YO0, BVC:HIVECO) announced that it has signed a five-year GPU cloud services agreement with an investment-grade enterprise customer valued at approximately $350 million, …

Palantir Trades at 74x Sales. History Says This Is What Happens to Software Stocks That Cross That Multiple After a Blowout Quarter.

Palantir Technologies (NASDAQ: PLTR) has emerged as one of the biggest darlings of the artificial intelligence (AI) revolution. Demand for the company's Artificial Intelligence Platform (AIP), which features Palantir's Foundry, Gotham, and Apollo software suites, is off the charts from both the public sector …

FTI Looks 102.3% Overvalued on GF Value™

TechnipFMC PLC (NYSE: FTI) recently secured a significant contract, boosting its Q3 2026 orders. Despite this, GuruFocus's GF Value™ indicates the stock is 102.3% overvalued, trading at $78.61 against an intrinsic value of $38.86. The company holds a moderate GF Score™ of 62/100, with …

Uber Eats slump hits Serve Robotics (NASDAQ: SERV) as it expands robots

Serve Robotics (NASDAQ: SERV) reported a decline in Q2 2026 revenue and anticipates reduced demand in the second half of 2026 due to lower-than-expected delivery volume through its Uber Eats partnership. Despite this, the company announced a significant expansion, including a new partnership with …

AECOM (ACM) Q3 2026 Earnings Call Transcript

AECOM (ACM) reported its Q3 2026 earnings, updating fiscal 2026 guidance due to a $337 million pretax charge from productivity delays on a legacy construction management project. Despite this, the company achieved a record total backlog of $27.8 billion and a 1.6x book-to-burn ratio, …

Seagate stock jumps as AI demand powers a strong Q4 earnings beat

Old West Investment Management LLC Buys Shares of 4,260 Teledyne Technologies Incorporated $TDY

Old West Investment Management LLC recently acquired 4,260 shares of Teledyne Technologies (NYSE:TDY) for approximately $2.84 million, marking a new position in the company. Teledyne Technologies reported strong quarterly earnings, beating estimates with $6.28 EPS and a 9.8% year-over-year revenue increase to $1.66 billion, …

Why Tesla Stock Moves Are Increasingly Tied to SpaceX

Coming into Monday trading, Tesla stock had gained for two consecutive weeks, just like SpaceX stock. Continue Reading

L3Harris Parts Ways With Chairman, CEO Kubasik Over Conduct

L3Harris Technologies announced that its Chairman and CEO, Christopher Kubasik, has stepped down from his roles. The company cited violations of company policy as the reason for his departure. An internal investigation led to the decision, and details regarding the specific conduct were not …

L3Harris CEO steps down amid conduct review, shares drop

Investing.com -- L3Harris Technologies shares fell roughly 2.7% in premarket trading Monday after the defense contractor announced the immediate departure of CEO Christopher Kubasik following a conduct review. The company's board appointed Sam Mehta as president and chief executive officer, effective immediately. Lewis Hay …

Memory Stocks' Valuation Divide Widens Ahead of Micron's Earnings

ABXX: Q2 2026 delivered record contract growth and expanded market reach, despite a higher net loss

Align Technology: DCF Signals Overvaluation Despite Long-Term Growth Potential

Align Technology (ALGN) generated $1.06 billion in Q2 2026 revenue, with clear aligners seeing 8.2% growth, but systems and services declined. The company trades at a 16x forward P/E, significantly lower than a peer like Straumann due to weaker growth and less diversification. A …

Serve Robotics plots new strategy after breakup with Uber Eats

Serve Robotics is pivoting its strategy after its breakup with Uber Eats, announcing a new partnership with Grubhub, expanding into new markets, and diversifying beyond food delivery into healthcare robotics and advertising. The company aims to boost delivery volumes through new partners and an …

Sedemac Mechatronics posts 61% revenue growth in FY26; AGM set for September

Form 8K L3Harris Technologies Inc For: 17 August By Investing.com

This article reports on the filing of a Form 8K by L3Harris Technologies Inc. The brief news item indicates that the filing is related to August 17th. The article provides the stock symbol LHX and notes a 1.16% increase for the company.

Micron Stock Rises After Key Move by Trump Administration

Micron Technology was gaining early on Monday. Renewed momentum for the memory-chip trade might be boosted by the Trump administration’s rejection of Chinese hardware. Micron shares were up 3.5% at $1,005.65 in premarket trading. Continue Reading

Micron Technology (NASDAQ:MU) Screens as a Peter Lynch Growth-at-a-Reasonable-Price Stock

Micron Technology MU Draws Bold $1,625 AI Supercycle Targets

Micron Technology (MU) is experiencing a bullish trend driven by strong AI memory demand, leading to significant target upgrades from analysts. New Street Research set a $1,250 target, while UBS raised its target to an aggressive $1,625, citing tight high-bandwidth memory supply and strong …