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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

Is Tesla Stock a Buy or Sell After Q2 Deliveries Report? Check the Chart.

Tesla's second-quarter deliveries climbed year over year but fell from the first quarter. Here's how to trade the stock now.

Exxon Stock Slumps As Oil Slide Offsets Bets For Record Q2 Profits

"High energy prices are largely a result of underinvestment by many in the energy industry over the last several years and especially during the pandemic," Exxon said.

Ford Makes a Major Change

The legacy automaker has just made a decision that will affect consumers buying its electric vehicles via a lease.

Stock Market Today - 7/5: Stocks Slide On Recession Fears; Dollar Hits Two-Decade Peak

A brief overnight inversion of the U.S. yield curve, as well as mounting signs of a near-term recession, have stocks on the back foot heading into the holiday-shortened week.