Tech led a sharp pullback in US stock futures on Tuesday as doubts about the AI-fueled rally crept in and investors waited for the next rush of quarterly earnings. S&P 500 futures (ES=F) sank 1.3%, while those on the tech-heavy Nasdaq 100 (NQ=F) tumbled 1.6%. Contracts on the Dow Jones Industrial Average (YM=F), which includes fewer tech stocks, pulled back roughly 1%, or around 480 points. Losses on Wall Street are deepening before the bell as skepticism seeps in about stock valuations even as this sea ...

On a recent episode of “The Ramsey Show,” a caller named Michael from Boston shared that he's about to lose his $160,000-a-year job in product management and a 20% annual bonus. His company is letting him go at the end of the year. Normally, this kind of news would send a household into panic mode, especially in today’s economy. A Wave Of Layoffs Is Hitting Corporate America Mass layoffs have been making headlines across the U.S. Amazon (NASDAQ:AMZN), United Parcel Service (NYSE:UPS) and Intel (NASDAQ:IN ...

Core Viewpoint - Third Point is exploring international markets to find more cost-effective investment opportunities in the memory-chip sector [1] Group 1: Company Strategy - Third Point is seeking cheaper alternatives to capitalize on the memory-chip boom by looking overseas [1] Group 2: Industry Context - The memory-chip industry is experiencing significant growth, prompting investment firms to seek advantageous positions [1]

A new regulatory filing shows that billionaire investor Michael Burry's hedge fund Scion Asset Management purchased five million put options on Palantir Technologies, Inc. (NASDAQ:PLTR) and one million put options on NVIDIA Corp. (NASDAQ:NVDA), among other changes to its portfolio. PLTR stock is at all-time highs. See the details here. Bearish on PLTR, NVDA Burry's massive bearish position in Palantir has a market value of $912.1 million and the Nvidia puts are worth $186.58 million, according to Whale Wisd ...

Investors poured $37.6 billion into U.S.-listed ETFs during the week ending Friday, Oct. 31, extending a strong run of inflows despite a slightly more hawkish tone from the Federal Reserve. U.S. equity ETFs led the way with $19.3 billion, followed by $8.7 billion for U.S. fixed income funds, $8.6 billion for international equity ETFs, and $2.2 billion for international fixed income products. The macro backdrop remained broadly supportive with stocks hovering near record highs thanks to strong gains in te ...

Adeia (NasdaqGS:ADEA) Q3 2025 Earnings Call November 03, 2025 05:00 PM ET Speaker0Good day, everyone. Thank you for standing by. Welcome to Adeia's third quarter 2025 earnings conference call. During today's presentation, all parties will be in a listen-only mode. Following the presentation, the call will be open for questions. I would now like to turn the call over to Chris Chaney, Vice President of Investor Relations for Adeia. Chris, please go ahead.Speaker1Good afternoon, everyone. Thank you for joining ...

Magnachip Semiconductor (NYSE:MX) Q3 2025 Earnings Call November 03, 2025 05:00 PM ET Speaker2Hello, and thank you for standing by. Welcome to Magnachip Semiconductor Corporation's third quarter 2025 earnings conference call. At this time, all participants are on a listen-only mode. After the speaker's presentation, there will be a question-and-answer session. To ask a question during the session, you will need to press Star, one-one on your telephone. You will then hear an automated message advising your h ...

Lattice Semiconductor (NasdaqGS:LSCC) Q3 2025 Earnings Call November 03, 2025 05:00 PM ET Speaker2Ladies and gentlemen, greetings and welcome to the Lattice Semiconductor third quarter 2025 earnings conference call. At this time, all participants are in listen-only mode. A brief question-and-answer session will follow the formal presentation. If anyone requires operator assistance during the conference call, please signal the operator by pressing Star and Zero on your telephone keypad. As a reminder, this c ...

Financial Data and Key Metrics Changes - Revenue for Q3 2025 was $10.1 million, at the midpoint of guidance, reflecting a sequential decline due to adverse impacts from China tariff risks and pricing pressure in the mobile business [22][24] - Gross margin improved slightly to 38.7% from 38.5% in Q2 2025, primarily due to a favorable change in end-market mix [22] - Operating expenses decreased sequentially from $16.1 million to $15.4 million, aligning with cost reduction targets [23] - Loss from operations increased to $11.5 million from $10.6 million in Q2 2025, as cost reductions did not fully offset revenue decline [23] Business Line Data and Key Metrics Changes - The mobile business represented the majority of revenue in Q3 but is expected to decline below 50% in Q4 as the company pivots to high-power markets [28][29] - The focus will shift towards AI data centers, performance computing, and grid infrastructure, which are anticipated to drive future growth [29][37] Market Data and Key Metrics Changes - The overall market for electrification is accelerating, with increasing power demand driven by AI data centers and energy grid transformations [7][8] - The total market size Navitas is addressing has increased significantly, opening immense opportunities for high-power players [8][10] Company Strategy and Development Direction - The company is undergoing a transformation termed "Navitas 2.0," focusing on high-power markets and moving away from consumer and mobile segments [6][19] - Key strategic actions include resource realignment towards high-power platforms, accelerating product roadmaps, and restructuring go-to-market strategies [12][13] - The company aims to enhance operational efficiency and financial discipline, prioritizing high-margin programs [16][25] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence that Q4 2025 will mark the bottom for revenue, with expectations for gradual growth in 2026 as the focus shifts to high-power markets [24][36] - The AI data center market is expected to contribute materially to profits starting in 2027, with significant growth anticipated in performance computing and energy infrastructure [17][49] Other Important Information - Cash and cash equivalents at the end of Q3 2025 were $151 million, with no debt, providing a strong liquidity position [24][51] - The company is committed to transparent updates on its progress during the transition to ensure accountability [17][20] Q&A Session Summary Question: What is the expected transition timeline for the mobile market? - Mobile represented the majority of business in Q3 but is expected to decline below 50% in Q4, with growth coming from AI data centers and performance computing [28][29] Question: How does the company plan to engage with power supply companies in the AI data center market? - The company engages both with end users and power supply customers, focusing more on OEMs and hyperscalers as they drive architectural changes [30][31] Question: What differentiates Navitas from competitors in the high-voltage market? - The combination of high-voltage SiC and GaN technologies, along with a strong track record and speed of execution, serves as key differentiators [32][34] Question: What gives management confidence that Q4 is the bottom for revenue? - The proactive decision to walk away from lower-margin mobile revenue allows the company to concentrate on long-term growth in high-power markets [36] Question: What is the expected growth trajectory for data centers in 2026? - Growth in data centers is expected to be gradual in 2026, with significant acceleration anticipated in 2027 as new architectures are adopted [48][49] Question: How is the company positioned to meet future demand in high-power markets? - The company has a healthy cash position and is ramping partnerships with foundries to ensure capacity meets demand [51][60]

Key Points President Trump says he may discuss Nvidia's Blackwell chips with China's President Xi Jinping. Nvidia has been locked out of the Chinese market for much of the year. China sales accounted for 17% of Nvidia's revenue in the last fiscal year. 10 stocks we like better than Nvidia › Although Nvidia (NASDAQ: NVDA) has been having a fantastic run in recent quarters, one of its biggest pain points has been China. Export restrictions prevented Nvidia from selling its high-performing chips in ...