Why Is Coherent Stock Surging Thursday?
Coherent stock surged 2.8% premarket following Nvidia's upbeat AI outlook. Analysts maintain a Buy rating with a $402 average target.
Read original at benzingaStocks · News reference
Filed: 2026-08-12 AccNo: 0001193125-26-346860 Size: 2 MB Item 2.02: Results of Operations and Financial Condition Item 7.01: Regulation FD Disclosure Item 9.01: Financial Statements and Exhibits
Reference details
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
Keep reading
Coherent stock surged 2.8% premarket following Nvidia's upbeat AI outlook. Analysts maintain a Buy rating with a $402 average target.
Read original at benzingaStock futures mixed, Nasdaq 100 down 100 points. Applied Optoelectronics falls after announcing $600M offering. Other pre-market losers include RFAI, ZSTK, ZKH, JMIA, VALN, MFI, COHR, SNDK, AXTI, ASTL, LITE, STX.
Read original at benzingaStanley Druckenmiller's Duquesne Family Office exited five semiconductor and photonics companies (Micron, Intel, Broadcom, Lattice Semiconductor, Coherent) in Q2 2026 while significantly increasing positions in Amazon and Alphabet. The shift reflects a strategic pivot toward companies funding AI infrastructure buildout rather than component suppliers competing for orders. Druckenmiller maintained and added to positions in Taiwan Semiconductor Manufacturing and STMicroelectronics, suggesting selective semiconductor exposure focused on AI-centric players.
Read original at the-motley-foolFabrinet's margin miss triggered a brutal selloff across the stock market today, while $91 Brent kept equities under pressure
Read original at benzinga