Today: 28 May 2026

Suzhou TFC Optical Communication (300394.SZ) stock: CPO buzz lifts shares, traders eye Monday follow-through

Suzhou TFC Optical Communication (300394.SZ) stock: CPO buzz lifts shares, traders eye Monday follow-through

Suzhou TFC Optical Communication shares closed up 2.23% at 198.00 yuan Friday, outperforming the ChiNext Index, which slipped 0.2%. The gain followed a surge in China’s co-packaged optics sector after J.P. Morgan projected Google TPU chip shipments to reach 3.7 million units by 2026. Mainland markets are closed for the weekend. TFC’s next earnings report is due April 23.
OmniVision Integrated Circuits (603501) stock: the convertible-bond call setting up Monday’s trade

OmniVision Integrated Circuits (603501) stock: the convertible-bond call setting up Monday’s trade

OmniVision’s Class A shares closed up 1.84% at 130.83 yuan in Shanghai on Friday. The company said it will not lower the conversion price on its “Weier” convertible bond, keeping it at 159.38 yuan per share until at least July 15, despite hitting a reset trigger. Investors are watching for dilution risk and funding pressures as the stock reopens Jan. 19.
18 January 2026
Silver Near Rs 3 Lakh/kg as Gold Slips in Delhi, Mumbai — What’s Driving India’s Bullion Swing

Silver Near Rs 3 Lakh/kg as Gold Slips in Delhi, Mumbai — What’s Driving India’s Bullion Swing

Silver prices in India hovered near record highs Saturday, with MCX March futures around 289,300 rupees per kg and spot rates in Rampur at 288,176 rupees. Gold slipped in major cities, trading near 143,400 rupees per 10 grams. Dealers report weak retail demand due to high prices, while global bullion retreated on profit-taking and easing geopolitical tensions.
Supreme Court Fed showdown, Davos and China GDP: what to watch in global markets next week

Supreme Court Fed showdown, Davos and China GDP: what to watch in global markets next week

The U.S. Supreme Court will hear arguments Wednesday on President Trump’s effort to remove Fed Governor Lisa Cook. Stocks ended the week lower, with the S&P 500 at 6,940.01 and Brent crude at $64.13. China releases GDP data as Davos opens, while Japan nears a possible snap election. Prime Minister Takaichi may suspend Japan’s 8% food sales tax, risking a 5 trillion yen revenue hit.
Hua Hong Semiconductor Class A shares jump to 140 yuan — but a margin-rule shift is the next test

Hua Hong Semiconductor Class A shares jump to 140 yuan — but a margin-rule shift is the next test

Hua Hong Semiconductor’s Shanghai-listed shares closed up 6.9% at 140 yuan, near a 52-week high, valuing the company at about 184 billion yuan. China’s chip stocks outperformed as traders eyed Jan. 19, when exchanges will raise margin requirements for leveraged stock buys. Hua Hong plans to acquire nearly all of Shanghai Huali Microelectronics for 8.27 billion yuan in new shares, pending approvals.
Giga Device Semiconductor Class A stock hits limit-up in Shanghai as memory-price bets build into Monday

Giga Device Semiconductor Class A stock hits limit-up in Shanghai as memory-price bets build into Monday

GigaDevice Semiconductor’s Shanghai shares surged 10% to 280.46 yuan Friday, hitting their daily limit on heavy volume. Hong Kong-listed shares jumped 16.7% to HK$272. Semiconductor stocks outperformed as memory prices climbed and traders looked ahead to the company’s March 31 earnings. Mainland markets remain closed until Monday.
Coherent stock swings into Tuesday reopen as analysts cite AI-optics demand, Photonics West

Coherent stock swings into Tuesday reopen as analysts cite AI-optics demand, Photonics West

Coherent Corp shares fell 2.5% to $191.04 Friday after surging 6.4% Thursday. Analysts at Bank of America, Barclays, and Morgan Stanley raised price targets, citing strong optical transceiver demand tied to AI. Coherent launched new laser and imaging products this week and plans to debut its Sapphire XT platform at Photonics West in San Francisco. U.S. markets close Monday for Martin Luther King Jr. Day.
18 January 2026
Sungrow Power Supply (300274.SZ) jumps on AI data-centre power push as China traders brace for new margin rules

Sungrow Power Supply (300274.SZ) jumps on AI data-centre power push as China traders brace for new margin rules

Sungrow Power Supply’s Shenzhen-listed shares rose 3.34% to 170.99 yuan Friday after the company said it is expanding into AI data-centre power supply and expects initial deliveries by 2026. Broker coverage and investor interest in infrastructure for artificial intelligence fueled gains. The Shanghai Composite fell 0.26%. New margin-financing rules take effect Jan. 19.
ASE Technology stock price hits record close as chip rally sets up a holiday-shortened week

ASE Technology stock price hits record close as chip rally sets up a holiday-shortened week

ASE Technology’s U.S. shares closed Friday at $19.41, up 1.2% to a record high, as chip stocks led Wall Street gains. The Philadelphia Semiconductor Index rose about 1.2%, while broader indexes stayed flat. ASE’s Taiwan shares also gained 1.68%. Investors now await next week’s earnings reports and ASE’s Feb. 5 results.

Stock Market Today

  • BancFirst (BANF) Upgraded to Buy on Rising Earnings Estimates
    May 28, 2026, 1:43 PM EDT. BancFirst (BANF) received a Zacks Rank #2 (Buy) upgrade driven by an upward revision in earnings per share (EPS) estimates, a key factor influencing stock price movements. The Zacks rating system monitors changes in consensus earnings estimates from sell-side analysts to guide investment decisions. The upgrade reflects optimism about BancFirst's underlying business prospects and could positively impact its stock price. This aligns with empirical evidence showing that rising earnings estimates often lead to increased institutional buying and stock price appreciation. BancFirst is expected to earn $7.36 per share for the fiscal year ending December 2026, consistent with prior forecasts, reinforcing confidence in its earnings outlook.

Latest articles

UiPath Stock Price Jumps Before Earnings. The AI Automation Test Comes After the Bell

UiPath Stock Price Jumps Before Earnings. The AI Automation Test Comes After the Bell

28 May 2026
UiPath Inc. shares climbed 5.7% to $11.80 Thursday ahead of fiscal Q1 results due after the close, with trading volume at 27.7 million shares and a market value near $6.36 billion. The company guided for Q1 revenue of $395–$400 million and ARR of $1.894–$1.899 billion. Analysts expect $397.43 million in revenue and $0.15 EPS. UiPath last reported Q4 revenue up 14% to $481 million and ARR up 11% to $1.853 billion.
Amprius Technologies Soars 26% After Jump

Amprius Technologies Soars 26% After Jump

28 May 2026
Amprius Technologies shares surged 26.5% to $21.70 Thursday, with volume topping 13 million. The rally followed insider-sale filings and a recent short-seller report, but no new company announcements since May 19. CEO Thomas Stepien and other insiders disclosed stock sales tied to vesting awards. First-quarter revenue rose 153% to $28.5 million, and Amprius raised its 2026 revenue outlook.
Marvell up after $10B custom-chip goal gives AI story a boost

Marvell up after $10B custom-chip goal gives AI story a boost

28 May 2026
Marvell Technology shares rose 2.4% to $203.50 Thursday after the company projected annual custom-chip revenue above $10 billion by fiscal 2029. First-quarter revenue jumped 28% to $2.418 billion, with data center sales making up 76% of the total. Marvell’s GAAP net income fell to $34.5 million. The company reported strong AI-related bookings and expects $1 billion in prepayments this year to secure supply.
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