A number of stocks fell in the afternoon session after Federal Reserve Chair Jerome Powell delivered cautious remarks on the economy, spooking investors and pulling indexes back from record highs.
Shares of materials and photonics company Coherent (NYSE:COHR) jumped 2.5% in the morning session after a broad rally in technology stocks lifted the semiconductor sector, with Needham raising its price target on the stock.
Shares of materials and photonics company Coherent (NYSE:COHR) jumped 2.9% in the morning session after the company unveiled two powerful new instruments designed to make testing advanced optical networks faster and more precise.
Santa Clara, CA – NVIDIA Corporation (NASDAQ: NVDA) has once again demonstrated its unparalleled dominance in the artificial intelligence (AI) and accelerated computing sectors, reporting a staggering Q3 FY2025 revenue of $35.1 billion. This monumental achievement represents a 94% year-over-year increase and a 17% sequential rise, significantly exceeding both company
NVIDIA (NASDAQ: NVDA) is aggressively positioning itself at the epicenter of a looming multi-trillion-dollar global AI factory buildout, extending its influence far beyond its renowned GPU hardware. Through a series of audacious strategic partnerships, colossal infrastructure investments, and an unrelenting product roadmap stretching through 2028, the Santa Clara-based tech giant
Shares of materials and photonics company Coherent (NYSE:COHR) jumped 3.8% in the afternoon session after the company launched its new WELD2D MP laser welding scanner, designed to redefine cost-performance standards for high-growth sectors.
A number of stocks jumped in the afternoon session after renewed investor enthusiasm for the artificial intelligence boom was sparked by a strong forecast from a major cloud provider.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Coherent (NYSE:COHR) and the best and worst performers in the electronic components & manufacturing industry.
Market swings can be tough to stomach, and volatile stocks often experience exaggerated moves in both directions.
While many thrive during risk-on environments, many also struggle to maintain investor confidence when the ride gets bumpy.
The stocks in this article have caught Wall Street’s attention in a big way, with price targets implying returns above 20%.
But investors should take these forecasts with a grain of salt because analysts typically say nice things about companies so their firms can win business in other product lines like M&A advisory.
Many investors pay attention to mid-cap stocks because they have established business models and expansive market opportunities.
However, their paths to becoming $100 billion corporations are ripe with competition, ranging from giants with vast resources to agile upstarts eager to disrupt the status quo.
Shares of materials and photonics company Coherent (NYSE:COHR) fell 23.2% in the morning session after the company issued disappointing revenue guidance for its upcoming third quarter, which overshadowed its otherwise strong second-quarter financial results. For its second quarter of calendar year 2025, Coherent reported revenue of $1.53 billion and an adjusted earnings per share (EPS) of $1.00, beating Wall Street's expectations on both fronts. However, the positive results were undermined by the company's forecast for the third quarter. Coherent guided for third-quarter revenue of approximately $1.53 billion, which came in slightly below analysts' consensus estimate of $1.54 billion. This weaker-than-expected outlook signaled potential headwinds, leading investors to focus on future growth concerns rather than the solid quarterly performance, prompting a sell-off in the shares.
Wall Street struggled to extend record highs on Thursday, as investors opted to lock in profits and adopt a more cautious stance after U.S. producer inflation posted its largest increase in three years.
