WOLF News and Press, Wolfspeed Inc. From 06/02/22

Rick Madormo Promoted to Senior Vice President of Global Sales and Marketing; New VP of America Sales Also Named Wolfspeed, Inc. (NYSE: WOLF), the global leader in Silicon Carbide technology, today announced the promotion of Rick Madormo to Senior Vice President of Sales and Mar...

The SOXX ETF has been ensnared in a bearish momentum since its last bull trap in March 2022. However, the writing was already on the wall since November 2021. We discuss the critical levels that SOXX investors must watch before adding exposure. We have yet to observe a bear trap rever...

WOLF had some good news to share with its Q3 report, but it was overshadowed by other news that was not well received. WOLF is an expensive stock and it could become even more expensive with both the income and balance sheet likely to deteriorate. The charts suggest that WOLF is s...

WOLF recently opened a $1.2 billion state-backed factory to produce silicon carbide chips. The components produced from the factory will be used in consumer electronics, electric vehicles, and 5G infrastructure. I am bullish on these supercycles so it's only natural to be bullish ...

On Semiconductor (NASDAQ:ON) shares rose early on Thursday after investment firm Wells Fargo upgraded the stock, noting it has a significant opportunity in automotive. Analyst Gary Mobley raised the rating on On (ON) to overweight from equal weight and boosted the per-share price target to $6...

Bi-directional charging enables power flow between the power grid and the car, allowing for integration with power storage and non-grid renewable power resources Rhombus Energy Solutions, a leader in electric vehicle (EV) charging and power conversion technology, today announced...

The U.S. economy is headed for a recession that warrants switching to high growth stocks, says the CEO of Firsthand Funds. The U.S. GDP fell at an annualised pace of 1.4% in the first quarter of 2022. Kevin Landis likes Wolfspeed Inc A name Kevin Landis is convinced can with...

Shares of Wolfspeed (NYSE: WOLF) , formerly known as lighting specialist Cree, were plunging today, down 14.8% as of 3:11 p.m. ET, nearly three times the huge 5.5%-plus drop in the Nasdaq Composite . Wolfspeed fell harder than the indexes, as it posted quarterly earnings tha...

Wolfspeed (NYSE:WOLF) shares dropped ~8% pre-market following the firm's FQ3 earnings announcement. The wide bandgap semiconductor developer generated a better-than-expected adj. earnings of -$0.12 per diluted share, but revenue of $188M (+36.9% Y/Y) failed to meet Wall Street estim...

Wolfspeed, Inc. (WOLF) Q3 2022 Earnings Conference Call May 04, 2022, 17:00 ET Company Participants Tyler Gronbach - VP, IR Gregg Lowe - President, CEO & Director Neill Reynolds - EVP & CFO Conference Call Participants Gary Mobley - Wells Fargo Securities Jonathan Dorsheimer - Canacco...