George Tillis is joining us now, senior markets correspondent to get us across this one. So, it's up, as I said, 52- week high, rallying about 10%. Uh, it's in the business of IC wafers as far as substrates, uh, gallium, geranium, things that were under an export ban coming out of China, but that's now being reversed.Talk us through the significance of this story, why the stock is rallying so much today. >> Yeah, I mean, it's up today. This is I think a remarkable story um in the context of what's happening ...

"Company†), a leading manufacturer of compound semiconductor wafer substrates, announced today the closing of its underwritten public offering of 8,163,265 shares of common stock at a price to the public of $12.25 per share, including the full exercise of the underwriters' option to purchase an additional 1,064,773 shares of the Company's common stock. The Company received total gross proceeds of approximately $100 milli. FREMONT, Calif.--(BUSINESS WIRE)--AXT, Inc. (NasdaqGS: AXTI) ("AXT†or the ...

Shares of OceanFirst Financial Corp. (NASDAQ:OCFC) fell sharply during Tuesday's session.OceanFirst announced plans to acquire Flushing in all-stock deal valued at $579 million.OceanFirst Financial shares dipped 7.4% to $18.15 on Tuesday.Here are some other stocks moving in today’s mid-day session.GainersProfusa, Inc. (NASDAQ:PFSA) shares jumped 112% to $0.1445. Profusa restructured its senior secured convertible note.Antelope Enterprise Holdings Limited (NASDAQ:AEHL) rose 99% to $2.25.Oriental Culture Hold ...

"Company†), a leading manufacturer of compound semiconductor wafer substrates, announced today the pricing of an underwritten public offering of 7,098,492 shares of common stock at a price to the public of $12.25 per share. The gross proceeds from the offering to the Company are expected to be approximately $87 million, before deducting underwriting discounts and commissions and other offering expenses. In addition, the. FREMONT, Calif.--(BUSINESS WIRE)--AXT, Inc. (NasdaqGS: AXTI) ("AXT†or the ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the "long context," investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...

Group 1: Toro Co Performance - Toro Co reported quarterly earnings of 91 cents per share, exceeding the analyst consensus estimate of 87 cents per share [1] - The company achieved quarterly sales of $1.066 billion, surpassing the analyst consensus estimate of $1.048 billion [1] - Following the earnings report, Toro's shares rose by 7% to $77.82 [1] Group 2: Other Notable Stock Movements - DBV Technologies SA shares increased by 35.5% to $24.36 after meeting primary endpoints in the Phase 3 VITESSE trial [3] - Udemy Inc gained 26.5% to $6.79 due to an all-stock merger agreement with Coursera [3] - Kodiak Sciences Inc jumped 16.7% to $28.16 after announcing a public offering of common stock [3] - Hut 8 Corp rose 16.3% to $42.88 following a partnership to accelerate AI infrastructure deployment and a $7.0 billion lease agreement [3] - Canopy Growth Corp increased by 16.2% to $2.13 amid reports of potential reclassification of marijuana [3] - Recursion Pharmaceuticals Inc gained 13.2% to $4.76 after an upgrade from JP Morgan [3] - Two Harbors Investment Corp surged 13.2% to $11.21 due to an acquisition announcement [3] - Quantumscape Corp gained 7.7% to $11.66 after signing a joint development agreement with a top-10 global automaker [3] - Jabil Inc reported better-than-expected earnings, leading to a 7% increase in shares to $227.50 [3]

Core Viewpoint - AXT Inc. (NASDAQ:AXTI) has experienced significant stock price appreciation, reaching a 24-year high, driven by investor interest ahead of upcoming business updates and strong demand in the semiconductor market [1][3]. Company Performance - AXT Inc. reported a narrowing of its attributable net loss by 35% in Q3, reducing the loss to $1.9 million from $2.9 million year-on-year [3]. - Revenues increased by 18.2% year-on-year, reaching $27.9 million, up from $23.6 million, primarily due to heightened demand for indium phosphide in data center applications [4]. - Indium phosphide revenues surged over 250% on a quarter-on-quarter basis, marking a three-year high [4]. Market Outlook - The CEO of AXT Inc., Morris Young, expressed optimism about the company's growth potential, citing strong market trends that could lead to meaningful growth and a return to profitability by 2026 [5]. - AXT Inc. is set to participate in the Northland Securities Growth Conference on December 16, where investors will seek updates on the company's business and growth outlook [2].

Company Performance - Analog Devices (ADI) has gained approximately 28.5% year-to-date, outperforming the Computer and Technology sector, which has returned an average of 27.5% [4] - The Zacks Consensus Estimate for ADI's full-year earnings has increased by 5.6% over the past quarter, indicating improving analyst sentiment and a positive earnings outlook [4] - Analog Devices holds a Zacks Rank of 2 (Buy), suggesting a favorable position for potential outperformance in the market [3] Industry Context - Analog Devices is part of the Semiconductor - Analog and Mixed industry, which includes 10 companies and currently ranks 58 in the Zacks Industry Rank [6] - The average gain for stocks in the Semiconductor - Analog and Mixed industry this year is 17.9%, indicating that ADI is performing better than its peers in this specific industry [6] - AXT (AXTI), another stock in the Computer and Technology sector, has significantly outperformed with a return of 441.9% year-to-date, and it also holds a Zacks Rank of 2 (Buy) [5]

Core Viewpoint - AXT, Inc. is actively participating in industry events and has reported significant growth in indium phosphide demand, particularly from data center applications, indicating a strong market position and potential for future revenue growth [1][4]. Company Overview - AXT, Inc. is a material science company specializing in the development and manufacturing of high-performance compound and single element semiconductor substrate wafers, including indium phosphide (InP), gallium arsenide (GaAs), and germanium (Ge) [2]. - The company's substrates are essential for applications where traditional silicon substrates do not meet performance requirements, serving markets such as 5G infrastructure, data center connectivity, LED lighting, and satellite solar cells [2]. - AXT's headquarters are located in Fremont, California, with additional operations in Beijing, China, and manufacturing facilities across three locations in China [2]. Financial Performance - In the third quarter of 2025, AXT reported a more than 250% sequential increase in revenues from indium phosphide, driven by heightened demand from global data center applications [4]. - The company is scheduled to release its financial results for the third quarter of 2025 on October 30, 2025, and will host a conference call to discuss these results [5].

Core Insights - U.S. stocks experienced an upward trend, with the Dow Jones increasing by approximately 150 points on Tuesday [1] Company Performance - Simulations Plus Inc reported quarterly earnings of $0.10 per share, surpassing the analyst consensus estimate of a loss of $0.05 per share, and quarterly sales of $17.500 million, exceeding the consensus estimate of $17.095 million [1] - Simulations Plus shares surged by 15.7% to $19.80 following the positive earnings report [2] - MongoDB Inc saw a significant gain of 25.1% to $411.46 after reporting better-than-expected third-quarter financial results and raising its FY26 guidance above estimates [4] - Credo Technology Group Holding Ltd increased by 19.2% to $204.03 after reporting better-than-expected second-quarter results and issuing optimistic third-quarter sales guidance [4] - United Natural Foods Inc jumped 12% to $38.47 following its quarterly results [4] - Boeing Co rose 8.4% to $202.15, anticipating a year-over-year increase in FY26 deliveries of its 737 and 787 models, and completing its Spirit acquisition this year [4]