The major U.S. index futures are currently pointing to a modestly lower open on Friday following the lackluster performance seen over the past few sessions. Profit taking may contribute to initial weakness on Wall Street after the Nasdaq and the S&P 500 rose to new record closing highs in the previous session.
Shares of Coherent Inc. undefined soared 16.4% toward a 3-year high in premarket trading Friday, after The Wall Street Journal reported that II-VI Inc....
Electronic-components maker II-VI plans to bid roughly $6.5 billion for laser maker Coherent Inc., according to people familiar with the matter, seeking to top offers already made by Lumentum and MKS Instruments.
NeoPhotonics Corp (NYSE:NPTN) is an intriguing 5G stock that should continue to experience solid growth due to the growing demand for high-speed bandwidth. Because of the recent flury of mergers and acquisitions, NeoPhotonics could get snapped up as well.
Semiconductor stocks have got off to a strong start in the new year. Following the Consumer Electronics Show (CES) 2021, an analyst at BofA Securities ...