All articles tagged with #coherent
Stocks rose on AI-driven leadership, with Palantir at the forefront and other AI/tech names like AMD, Coherent, SpaceX, Caterpillar and Wayfair rally, helping the S&P 500 reach intraday highs as traders bounced back on tech strength and earnings optimism.
Palantir Technologies reports record profit in Q4 with accelerated revenue growth, driven by increased commercial orders and confidence in its artificial-intelligence platform, leading to a 19% rise in shares; Crown Holdings forecasts weaker demand and issues below-estimate guidance, causing a 14% drop in shares; FMC's Q4 results affected by destocking trends and weaker sales in Latin America, with shares falling 13%; Coherent sees signs of improving demand trends in Q2 and a narrowed loss, with shares rising 7% after-hours.