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NASDAQ:ALGM 6 January 2026 - 29 January 2026

Allegro MicroSystems stock jumps on Q3 beat as traders chase the next catalyst

Allegro MicroSystems stock jumps on Q3 beat as traders chase the next catalyst

Allegro MicroSystems shares jumped 8.5% to $37.50 Thursday after reporting a 29% year-over-year rise in quarterly sales to $229.2 million and issuing strong March-quarter guidance. The stock outperformed the semiconductor sector, with rivals ON Semiconductor and NXP Semiconductors each down about 4%. Allegro forecast fourth-quarter sales of $230–$240 million and non-GAAP EPS of $0.14–$0.18.
29 January 2026
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Allegro MicroSystems stock jumps 6% as February Analyst Day sharpens focus on targets

Allegro MicroSystems stock jumps 6% as February Analyst Day sharpens focus on targets

Allegro MicroSystems surged 6.5% to $32.78 Wednesday after announcing an analyst day for Feb. 18 in Boston. The move outpaced chip sector peers as the Philadelphia Semiconductor Index fell 1.7%. Allegro will report Q3 results Jan. 29, with CEO Mike Doogue and CFO Derek D’Antilio set to host a call at 8:30 a.m. ET. The analyst day will be hybrid, with limited in-person attendance and a webcast.
14 January 2026
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Stock Market Today

  • Jerome Powell's Fed Years Mark One of the Strongest Cross-Asset Rallies
    May 2, 2026, 3:03 PM EDT. Jerome Powell's eight-year tenure as Federal Reserve chair saw one of the strongest market rallies despite major shocks like COVID, soaring inflation, and rapid rate hikes. The S&P 500 delivered a 14.7% annualized return, ranking third-best since 1970. Broad market gains spanned commodities, gold, and bonds, even after historic volatility in fixed income. The Nasdaq Composite surged nearly 250%, powered by AI investment and robust corporate earnings. Powell's era was marked by multiple market drivers rather than a single trade or policy, underscoring his tenure as an era of persistent market resilience and evolving bullish trends.

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ON Semiconductor Stock Hits 52-Week High Before May 4 Earnings: Why ON Shares Are in Focus

ON Semiconductor Stock Hits 52-Week High Before May 4 Earnings: Why ON Shares Are in Focus

2 May 2026
ON Semiconductor shares closed at a 52-week high of $103.03 on May 1, up 2.2% ahead of first-quarter earnings due May 4. The stock’s rise follows new electric-vehicle partnerships with Geely and NIO, spotlighting its silicon-carbide power chips. Analysts expect adjusted earnings of about $0.62 a share on $1.49 billion revenue. Trading volume exceeded the 50-day average.
RTX Stock Watch: Patriot Missile Work Mounts as U.S. Fast-Tracks $8.6 Billion Arms Sales

RTX Stock Watch: Patriot Missile Work Mounts as U.S. Fast-Tracks $8.6 Billion Arms Sales

2 May 2026
RTX Corporation was named a principal contractor in two U.S.-approved Middle East arms deals, part of over $8.6 billion in sales to Qatar, Kuwait, Israel, and the UAE. Raytheon RTX also received a $441.6 million Army contract modification for Patriot GEM-T missiles and an $833 million Navy contract for SeaSparrow missiles. RTX raised its sales outlook and dividend, but faces tariff costs and uncertain contract timing. RTX shares closed Friday at $173.99.
Lumen Technologies (LUMN) Stock Faces May 5 Earnings Test as AI Network Bet Meets Loss Forecast

Lumen Technologies (LUMN) Stock Faces May 5 Earnings Test as AI Network Bet Meets Loss Forecast

2 May 2026
Lumen Technologies is expected to report a first-quarter loss of 14 cents per share on May 5, with revenue projected at $2.84 billion, down 10.7% from a year ago. The quarter marks Lumen’s first results after selling its consumer fiber business to AT&T for $5.75 billion. Shares closed Friday at $9.32, up $0.475. The company will debut a new revenue reporting framework and discuss results at 5 p.m. ET.
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