Today: 20 May 2026
Browse Category

NASDAQ:AXTI 11 January 2026 - 15 May 2026

AXT Stock Has a $632.5 Million Question: Can Its China Wafer Bet Keep Up With AI Demand?

AXT Stock Has a $632.5 Million Question: Can Its China Wafer Bet Keep Up With AI Demand?

AXT underwriters bought 1.28 million additional shares at $64.25 each, raising $82.5 million and bringing total gross proceeds to about $632.5 million. The funds will expand indium phosphide wafer capacity at Beijing Tongmei, its China-based subsidiary. AXT expects first-quarter revenue of $26–28 million and a net loss of up to $2.6 million. Shares closed at $76.16 on April 24.
AXT Inc (AXTI) stock slips in premarket after 22% leap as insider sale notices hit SEC tape

AXT Inc (AXTI) stock slips in premarket after 22% leap as insider sale notices hit SEC tape

AXT shares fell 6.5% to $43.33 in premarket trading Tuesday after a 22% surge Monday. SEC filings showed CEO Morris Young, CFO Gary Fischer, and director Jesse Chen filed to sell a combined 753,801 shares worth about $30.2 million. The moves follow a sector rally sparked by Nvidia’s $2 billion investments in Lumentum and Coherent. Traders are watching for insider sales and the next earnings report on April 23.
3 March 2026

Stock Market Today

  • Euronext Reports Eighth Consecutive Quarter of Double-Digit Growth in Q1 2026
    May 20, 2026, 4:43 AM EDT. Euronext posted strong Q1 2026 results, marking its eighth straight quarter of double-digit growth. The exchange operator reported record performance in non-volume related revenues, underscoring its diversified income streams beyond trading volumes. This robust start to the year highlights Euronext's expanding role in European financial markets, supported by strategic investments and product offerings. The results reflect continued market confidence amid evolving economic conditions.

Latest articles

Chewy Shares Slide on CEO Talk of “Stretched Consumer”

Chewy Shares Slide on CEO Talk of “Stretched Consumer”

20 May 2026
Chewy Inc. shares dropped 9.1% to $19.66 Tuesday after CEO Sumit Singh warned U.S. consumers are more financially strained than earlier this year. The decline put Chewy near its 52-week low ahead of its June 10 earnings report. Singh made the comments at a J.P. Morgan conference, citing multiple data points on weaker consumer demand. Petco fell 2.9%, while BARK rose 7.5% and Amazon slipped 2.1%.
Meiwu Technology Stock Jumps Again After 97% Surge: Why WNW Is Moving Now

Meiwu Technology Stock Jumps Again After 97% Surge: Why WNW Is Moving Now

20 May 2026
Meiwu Technology shares jumped 97% to $4.75 Tuesday and rose another 12% premarket after the company raised $15.65 million in a private share sale to fund an AI skincare platform. The rally follows a 1-for-100 reverse share split in April and earlier $14 million direct offering. Meiwu warned its new platform is early-stage and faces regulatory risks.
Astera Labs Stock Surges: The AI Networking Bet Traders Are Chasing Before Nvidia Results

Astera Labs Stock Surges: The AI Networking Bet Traders Are Chasing Before Nvidia Results

20 May 2026
Astera Labs shares rose 13.3% to $244.26 on Tuesday after management outlined a faster ramp for its Scorpio X fabric switches and optical networking tied to Nvidia’s NVLink Fusion. The move followed presentations at J.P. Morgan’s tech conference and comes ahead of Nvidia’s earnings Wednesday. Astera’s first-quarter revenue jumped 93% to $308.4 million, with second-quarter guidance above analyst forecasts.
Go toTop