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NeoPhotonics Corporation News

Huawei-Related Stocks Gain on License Extension From Trump Administration

Gainers lead losers among stocks with significant business with Huawei after the Commerce Department grants China tech giant a license extension to buy U.S. parts.

Dow Ends Sharply Lower as U.S.-China Trade War Intensifies; Tech Hit Hard

Stocks fell Thursday as investors reacted to escalating rhetoric in the trade war between the United States and China.

Huawei Supplier NeoPhotonics Cuts Second-Quarter Guidance

Lower revenue expectations amid the U.S. ban on business with its main customer, Huawei Technologies, spurs the optical components maker to lower its second-quarter earnings guidance.

Huawei-Related Stocks Fall: NeoPhotonics Up 7.4%; CommScope Holding Off 8.8%

Gainers trail losers among stocks with significant business with Huawei.

NeoPhotonics Plunges on Huawei-Related Analyst Downgrade

Shares of NeoPhotonics plunge after receiving a downgrade from MKM Partners over increased uncertainty related to the company's largest customer, Huawei.

Breaking News

Costco Beats Q3 Sales Forecast, Membership Revenues Near $1 Billion

Costco took in $984 million in new membership fee in its fiscal third quarter, helping the bulk retailer top Street forecasts for topline revenues.

Gap Stock Plummets On Wider Q1 Loss, Grim Profit Outlook As Shoppers Shun Casual Apparel

"Supply chain challenges and persistent delays significantly limited the brand's responsive abilities" to changing consumer trends, CEO Sonia Syngal told investors Thursday.

Big Lots Stock Crumbles After Surprise Q1 Loss As Inflation, Gas Price Surge Bites Spending

"We believe the slowdown was caused by the spending pressure our consumers felt from higher gas prices and broader inflation," said CEO Bruce Thorn.

Broadcom Agrees to Buy VMware in $61 Billion Cash-and-Stock Cloud Software Deal

"Combining our assets and talented team with Broadcom's existing enterprise software portfolio creates a remarkable enterprise software player," said VMware CEO Raghu Raghuram.