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II-VI reinforced its role as a Silicon Carbide (SiC) wafers leader by inking a deal to supply IC leader Infineon Technologies. The SiC inverter market for EVs for 2021 and 2030 could exhibit a (compound annual growth rate) of 56% vs 25% for EV growth. II-VI is scheduled to announc...
WOLF announced losses and burned cash for another quarter in a row. I believe the intense competition in the Silicon Carbide Power semiconductors market will rise exponentially in the next quarters. Fierce competition that becomes fiercer combined with sky-high valuation and weak ...
Wolfspeed 's (NYSE: WOLF) stock price surged 32% on Aug. 18 after the semiconductor company posted its fourth-quarter earnings report. Its revenue rose 57% year over year to $228.5 million, which beat analysts' estimates by $20.9 million. Its adjusted net loss narrowed from $26.9 mi...
Shares of Wolfspeed (NYSE: WOLF) popped as much as 25.2% this week, according to data from S&P Global Market Intelligence . The semiconductor manufacturer and maker of silicon carbide chips posted strong revenue and earnings for its fourth quarter, beating analyst expectatio...
A lackluster session ended with mild gains on Thursday, as investors looked for direction after a modest decline the previous session halted a recent upswing for the major U.S. equity averages. While the overall action remained restrained, Thursday also saw its share of significant move...
Gainers: LightPath Technologies ( LPTH ) +36% . Wolfspeed ( WOLF ) +31% . Pixelworks ( PXLW ) +18% . Canadian Solar ( CSIQ ) +16% . The Singing Machine Company ( MICS ) +14% . Losers: WeTrade Group ( WETG ) -27% . CI&T ( ...
Shares of semiconductor developer Wolfspeed (NYSE: WOLF) were up 30% as of 1:46 p.m. ET on Thursday after the company reported strong earnings results for the fiscal fourth quarter ended June 26. Wolfspeed said revenue reached $228 million from $145 million in the year-ago q...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips A number of semiconductor stocks are soaring today after U.S.-based chipmaker Wolfspeed (NYSE: WOLF ) managed to smash earnings expectations. Wolfspeed and On Semiconductor (NASDAQ: ON ) are both well in the gre...
Semiconductor stocks rose on Thursday after Wolfspeed ( NYSE: WOLF ) surged nearly 30% after it reported fourth-quarter results and issued guidance that both topped expectations, prompting praise from the analyst community. Citi analyst Amanda Scarnati noted that the com...
Gainers: Cedar Realty Trust ( CDR ) +207% . Neptune Wellness Solutions ( NEPT ) +122% . Edible Garden AG Incorporated ( EDBL ) +57% . Indonesia Energy Corporation ( INDO ) +37% . Hillstream BioPharma ( HILS ) +30% . Mind Medi...
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2024-07-25 15:38:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
A look at the top 10 most actives in the United States Selina Hospitality PLC (SLNA) rose 75.8% to $0.0457 on volume of 1,196,767,473 shares NVIDIA Corporation (NVDA) fell 6.8% to $114.25 on volume of 316,196,296 shares Sangamo Therapeutics Inc. (SGMO) rose 39.5% to $0.56 on volume of 261...
2024-07-09 17:15:03 ET Susquehanna analyst issues BUY recommendation for WOLF on July 9, 2024 02:02PM ET. The previous analyst recommendation was Buy. WOLF was trading at $23.05 at issue of the analyst recommendation. The overall analyst consensus : BUY. Current anal...