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.
An optical component boom reveals the changing nature of telecom and IT spending
An optical component boom reveals the changing nature of telecom and IT spending.
Telecom's capex tailspin is leaving few firms unscathed
A string of downbeat earnings reports suggests weak telecom capital spending will take a toll on many companies. That includes some optical component high-flyers.
Will Fabrinet (FN) Stock Be Helped by Q4 Revenue Beat?
Fabrinet (FN) reported higher-than-expected revenue for the 2016 fiscal fourth quarter following Monday's market close.
Fabrinet (fn) stock rises in after-hours trading on q4 revenue beat
Fabrinet (FN) reported better-than-expected fourth quarter and full-year 2016 revenue after Monday's market close
GM reportedly bids for Lyft; Acacia sparks an optical rally; Xbox One sales get a boost
Here's a look at major tech stories in the news.
Tesla Stock Higher As Investors Look Past July China Sales Slump
Tesla sold just over 28,000 China-made cars last month, an industry lobby group said Tuesday.
Novavax Stock Plummets After Slashing 2022 Vaccine Sales Forecast
"I believe we were late to the market and US vaccination was driven by what was available and shown to work," said Novavax CEO Stanley Erck.
Real Estate Titan Zillow Sees Tough Times Ahead in Housing
The residential real estate market has stumbled, after soaring in the first 18 months of the covid pandemic.
After Record Losses, a Fund's Leader Looks to Samurai History
SoftBank's Vision Fund lost nearly $22 billion in the latest quarter.