Semiconductors

U.S. stocks extended gains midway through trading, with the Dow Jones gaining more than 600 points on Monday. The Dow traded up 2.17% to 29,349.33 while the NASDAQ rose 1.72% to 10,757.76. The S&P 500 also rose, gaining, 2.03% to 3,658.58. Also check this: Nike, Lululemon, Dick's Sporting...

Raymond James cut the price target for NexImmune, Inc. (NASDAQ: NEXI) from $12 to $3. NexImmune shares rose 2.4% to $1.29 in pre-market trading. Wells Fargo lowered the price target on Charles River Laboratories International, Inc. (NYSE: CRL) from $325 to $300. Charles River Laboratories...

Gainers Magic Empire Global Limited (NASDAQ: MEGL) shares jumped 115.7% to close at $17.73 on volatility following the company's IPO earlier this month. Liberty TripAdvisor Holdings, Inc. (NASDAQ: LTRPB) surged 108.2% to close at $56.28 on Monday. MiNK Therapeutics, Inc. (NASDAQ: INKT) jumped...

U.S. stocks traded higher toward the end of trading, with the Dow Jones around 170 points on Monday. The Dow traded up 0.50% to 33,930.22 while the NASDAQ rose 0.48% to 13,110.29. The S&P also rose, gaining, 0.37% to 4,296.06. Also check this: Market Volatility Decreases As S&P 500 Notches...

Gainers Sunrise New Energy Co. Ltd. (NASDAQ: EPOW) shares jumped 118.2% to $4.4948. Sunrise New Energy said that the company changed its name from Global Internet of the People, Inc. to Sunrise New Energy effective as of August 10, 2022. Magic Empire Global Limited (NASDAQ: MEGL) shares climbed 80...

Gainers Helbiz, Inc. (NASDAQ: HLBZ) jumped 114.6% to close at $1.61 on Monday after climbing over 27% on Friday. TOP Financial Group Limited (NASDAQ: TOP) jumped 102.7% to settle at $20.57 after gaining around 8% on Friday. Karuna Therapeutics, Inc. (NASDAQ: KRTX) shares gained 71.8% to close at...

Rosenblatt analyst Kevin Cassidy highlighted some key takeaways from last week's semiconductor earnings. Last week's earnings reports made it clear that companies exposed to the higher-end of markets saw their earnings holding up better.  Most management teams pointed to an...

Needham cut the price target for Airbnb, Inc. (NASDAQ: ABNB) from $220 to $150. Airbnb shares fell 6.7% to $108.51 in pre-market trading. Deutsche Bank raised the price target on Starbucks Corporation (NASDAQ: SBUX) from $91 to $93. Starbucks shares rose 1.8% to $85.25 in pre-market trading....

Lattice Semiconductor Corp (NASDAQ: LSCC) reported second-quarter revenue grew 28% year-over-year to $162.37 million, beating the consensus of $158.02 million. Growth was driven by strategic segments of communications and computing and industrial and automotive. Adjusted EPS was $0.42,...

Lattice Semiconductor Corp (NASDAQ: LSCC) will report its quarterly earnings on August 1. Rosenblatt expects 2Q22 sales to align with its consensus estimates and non-GAAP EPS above its consensus estimates.  The analyst saw 2Q22 influenced by continued ramps of new platforms...

George Carlin’s classic bit about “stuff” and where to put “stuff” and the hilarity of finding places for “stuff” is what self-storage is all about. The dilemma of where to put your stuff is addressed by this market and one of the best ways to take...

Gainers Biohaven Pharmaceutical Holding Company Ltd. (NASDAQ: BHVN) shares surged 68.4% to close at $140.00 on Tuesday. Pfizer Inc (NYSE: PFE) will acquire Biohaven Pharmaceutical Holding for $148.50 per share, equivalent to $11.6 billion. Baosheng Media Group Holdings Limited (NASDAQ: BAOS)...

Gainers Vroom, Inc. (NASDAQ: VRM) shares rose 38% to $1.49 in pre-market trading after the company reported better-than-expected Q1 results. Evolve Transition Infrastructure LP (NYSE: SNMP) rose 22.6% to $0.50 in pre-market trading after declining around 7% on Monday. Color Star Technology Co.,...

Gainers Hemisphere Media Group, Inc (NASDAQ: HMTV) shares climbed 78.8% to close at $6.74 on Monday after the company announced it entered into a definitive agreement to be acquired for $7.00 per share in cash by a subsidiary of Gato Investments, a portfolio investment of Searchlight Capital...

KeyBanc analyst John Vinh said nine companies were under coverage (Advanced Micro Devices, Inc (NASDAQ: AMD), Cirrus Logic, Inc (NASDAQ: CRUS), Lattice Semiconductor Corporation (NASDAQ: LSCC), Monolithic Power Systems, Inc (NASDAQ: MPWR), NXP...