ADVFN US – Market Content Editor
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Memory Chip Prices Jump on AI Demand, Creating Supply Pressures and Cost Risks for Device Makers
Rising demand linked to artificial intelligence infrastructure is driving a sharp increase in memory chip prices, with major manufacturers including Micron Technology Inc (NASDAQ:MU), Samsung Electronics Co Ltd and SK Hynix Inc expected to benefit from the surge, according to new data from Counterpoint Research. The analytics firm said memory pricing has climbed significantly during…
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Analyst says market is misreading Amazon’s heavy CapEx push
Amazon (NASDAQ:AMZN) delivered solid fourth-quarter performance across its core businesses, but investors are drawing the wrong conclusions from the company’s elevated capital spending plans, according to BMO Capital Markets analyst Brian Pitz. In a note published Friday, BMO reiterated its Outperform rating, kept Amazon as a Top Pick and lifted its price target to $310…
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Dow Closes Above 50,000 For First Time As Stocks Rebound From Recent Slump
After moving sharply lower over the past few sessions, stocks showed a substantial move back to the upside during trading on Friday. The major averages all showed substantial upward moves, with the Dow closing above 50,000 for the first time. The major averages reached new highs late in the session before giving back some ground…
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Immunovant shares climb 7% as fiscal Q3 loss comes in better than expected
Immunovant, Inc. (NASDAQ:IMVT) reported fiscal third-quarter results on Friday that showed a smaller loss than analysts had forecast, lifting investor sentiment toward the clinical-stage immunology company. Shares jumped 7.40% in pre-market trading following the announcement. For the quarter ended December 31, 2025, Immunovant posted a loss of -$0.61 per share, beating consensus expectations of -$0.72…
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GrafTech shares sink 20% after Q4 results disappoint amid pricing pressure
GrafTech International Ltd. (NYSE:EAF) reported weaker-than-expected fourth-quarter results on Friday, as ongoing pricing pressure across the graphite electrode market continued to weigh on performance. The Ohio-based manufacturer’s shares slumped more than 20.33% in pre-market trading following the release. GrafTech posted a fourth-quarter net loss of $65.1 million, or $2.50 per share, widening from a loss…
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Cboe tops Q4 forecasts as derivatives activity drives record revenue
Cboe Global Markets (AMEX:CBOE) reported fourth-quarter results on Friday that came in ahead of expectations, supported by strong momentum across its derivatives platform. The exchange operator posted adjusted earnings of $3.06 per share, beating the analyst consensus of $2.85. Revenue reached a record $671.1 million, well above forecasts of $636.57 million. Despite the solid performance,…
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Hims & Hers slides after FDA signals crackdown on unauthorized copycat medicines
Shares of Hims & Hers Health (NYSE:HIMS) dropped 10% on Friday after the U.S. Food and Drug Administration warned it would move against companies promoting unapproved versions of prescription drugs, a development that rattled investors just a day after the telehealth group launched a cheaper alternative to a Novo Nordisk (NYSE:NVO) weight-loss treatment. The decline…
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Plains All American falls short on Q4 earnings, boosts distribution by 10%
Plains All American Pipeline (NASDAQ:PAA) reported fourth-quarter results on Friday that missed market expectations, even as the midstream operator announced a higher cash distribution for unitholders. The company posted adjusted earnings of $0.40 per unit for the quarter, below the analyst consensus of $0.47. Revenue totaled $10.57 billion, also undershooting expectations of $13.42 billion. Following…
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Johnson Outdoors tops Q1 forecasts as revenue surges 31%
Johnson Outdoors Inc. (NASDAQ:JOUT) delivered a stronger-than-expected start to its fiscal year, reporting first-quarter results on Friday that beat market forecasts as sales climbed sharply on improved demand and a solid reception for new products. Shares in the outdoor recreation equipment maker rose 1.43% in after-hours trading following the release. For the quarter ended January…
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Virtus Investment Partners slips after Q4 profit miss offsets revenue surprise
Virtus Investment Partners, Inc. (NYSE:VRTS) shares edged lower on Friday after the asset manager posted fourth-quarter adjusted earnings that came in below expectations, despite delivering stronger-than-forecast revenue. The stock was down 2.86% in pre-market trading following the results. For the quarter ended December 31, 2025, Virtus reported adjusted earnings of $6.50 per share, falling short…