Cree, Inc. News
Brooks Automation Stock Jumps on Plan to Sell Chip Solutions Unit for $3B
Brooks Automation is selling its chip solutions group and said it would no longer pursue splitting into two companies.
Cree, Cirrus Logic Lower After Bank of America Cuts to Underperform
Cree and Cirrus Logic fell after Bank of America cut its rating on the semiconductor makers to underperform from neutral.
Cree Stock Lower; Analysts Cut Targets After Revenue, Margin Lag
Cree's gross margin widened 3 percentage points and its revenue forecast trailed estimates. Analysts cut their targets and the stock is lower.
Premarket Movers Wednesday - Target, Lowe's, Moderna, Tilray
Stocks moving in premarket trading Wednesday include Target, Lowe's, Moderna, Tilray, Cree and Analog Devices.
5 Chipmakers Getting a Big Boost From Electric Vehicle Adoption
Firms such as Cree, ADI and NXP are poised to see strong growth in their EV-related sales over the next decade.
Cree to Sell LED Unit to Smart Global for Up to $300 Million
Cree says the sale of its LED unit will help create a 'pure-play global semiconductor powerhouse.'
Cree Forecasts Unexpected Adjusted Loss - Shares Fall
For the fiscal 2021 first quarter, begun June 29, Cree anticipates an adjusted loss of 20 cents to 24 cents per share.
Chip Stocks Gain on ADI-Maxim Deal, Positive Sales Announcements
In addition to announcing their merger, ADI and Maxim also each hiked their quarterly sales guidance. But many investors apparently have concerns about the price.
Is This Synthetic Biology Pioneer On The Right Track?
Amyris is showing progress in one key area, but it may not be enough.
'Pharma Bro' Martin Shkreli's Crypto Conversion Turns Sour
The disgraced investor and convicted felon launched a cryptocurrency last July after his release from prison.
Over 1.7 Million Fords And Lincolns Are At Risk Of Being Recalled
The National Highway Transit Safety Administration received over 50 complaints over brake hose ruptures.