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Fabrinet News

Tech Reopening Plays Such as Expedia and Lyft Soar on Pfizer's Vaccine News

Tech companies seen as well-exposed to things such as travel and dining spend are rallying, as are many enterprise hardware and chip equipment stocks.

Fabrinet Slumps After Earnings Forecast Disappoints

The optical and electronic manufacturing service provider issues a fiscal first-quarter forecast below Wall Street estimates.

Tech Stocks That Look Fairly Cheap Following the Rout

Though many tech names still carry high multiples, there are now quite a few with reasonable valuations.

Verizon and Facebook spending plans give strong clues to tech earnings

This earnings season is already showing that capital spending from cloud giants remains far stronger than spending from traditional carriers. That affects quite a few hardware and chip firms.

Optical component stocks are worth a look following Finisar's tumble

Though Finisar and a couple of other component vendors have offered disappointing outlooks, strong demand from cloud giants should continue propping up the industry.

Breaking News

What’s Open and What’s Closed this Fourth of July

A list to remember when heading out on the Fourth of July, what is open and what's closed.

Tesla Q2 Deliveries Slump To 254,695 As Shanghai Shutdown, Supply Chain Snarls Take Toll

Tesla said it had a record rate of production in June, but supply chain disruption and the closure of its Shanghai gigafactory triggered a slump in Q2 deliveries.

Summers, Others Cite Growing Chance of Recession

GDP shrank an annualized 1.6% in the first quarter, and some experts anticipate another drop in the second quarter.

Coinbase Faces A New Scandal

The platform denies selling proprietary customer data and announces it is expanding into several European countries.