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Jim Cramer Says Microchip Is Near A Bottom — 'I Don't See It Yet' — While Nebius Is 'Not Done Going Down'
Cramer gave his opinions on several stocks, including MCHP, VRT, AAOI, PWR, WCC, NBUS, COKE, and EXLS. He suggested waiting for better prices.
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Why Applied Optoelectronics Stock Plummeted This Week
Applied Optoelectronics stock fell 23.6% this week after Broadcom CEO warned of capital constraints that could slow AI infrastructure spending. The optical component maker, which relies heavily on data center customers for 800G transceivers, faces headwinds from funding concerns among major cloud providers. The stock has declined 64.2% from its 52-week high, compounded by recent shareholder dilution from a $600 million equity offering.
Applied Optoelectronics shares are trading lower after B. Riley Securities lowered its price target on the stock from $109 to $92.
B. Riley Securities Maintains Neutral on Applied Optoelectronics, Lowers Price Target to $92
Barclays Maintains Overweight on Coca-Cola, Raises Price Target to $98
Barclays analyst Lauren Lieberman maintains Coca-Cola (NYSE:KO) with a Overweight and raises the price target from $93 to $98.
OAAA Announces Winners of the 84th Annual OBIE Awards
The OAAA announced the 84th Annual OBIE Awards winners, recognizing excellence in out-of-home advertising. Paramount was inducted into the 2026 OBIE Hall of Fame for its creative excellence and commitment to OOH advertising. Random House Publishing Group and Known won the Platinum OBIE Award for 'Steph Curry Shoots the Moon,' while other major brands including Netflix, OpenAI, United Airlines, and Coca-Cola received recognition across various categories.