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NASDAQ:CRDO 14 October 2025 - 19 October 2025

AI Boom’s Hidden Gem: Credo (CRDO) Stock Soars on $500 “Purple” Cables and Big Partnerships

AI Boom’s Hidden Gem: Credo (CRDO) Stock Soars on $500 “Purple” Cables and Big Partnerships

Credo’s stock doubled in 2025, reaching around $143 after a 245% jump in 2024, fueled by soaring demand for its AI data center gear. Fiscal 2025 revenue hit $436.8 million, with net profit at $52.2 million. The company unveiled new 1.6Tbps cables and joined Arm’s AI chip ecosystem in October. CRDO’s market cap stands near $25–26 billion, with JPMorgan rating it Overweight despite high volatility.
Credo Technology (CRDO) Stock Rebounds on AI Partnership as Analysts Eye Long-Term Growth

Credo Technology (CRDO) Stock Rebounds on AI Partnership as Analysts Eye Long-Term Growth

Credo Technology Group shares plunged 13% Tuesday to $129.75 after surging to nearly $150 earlier in the week, then rebounded 6% in pre-market trading Wednesday. The company unveiled new “ZeroFlap” optical transceivers and joined Arm’s Total Design ecosystem to co-develop custom AI silicon. Credo also filed for a $750 million stock offering and acquired Hyperlume for about $40–50 million. Revenue jumped 273% last quarter to $223 million.
AI Data Center Goldmine or Bubble? Credo (CRDO) Stock’s Wild Ride Amid New Deals and Big Hype

AI Data Center Goldmine or Bubble? Credo (CRDO) Stock’s Wild Ride Amid New Deals and Big Hype

Credo Technology shares jumped nearly 8% to $149.90 on Monday, then plunged over 13% to about $130 on Tuesday amid volatile trading. The company launched new “ZeroFlap” optical transceivers for AI data centers and joined Arm’s “Total Design” ecosystem. Credo also acquired Hyperlume for up to $50 million and filed to sell $750 million in new shares. Revenue surged 273% last quarter to $223 million.

Stock Market Today

  • LVMH Reports Mixed Q1 2025 Results Amid Luxury Demand Uncertainty
    May 20, 2026, 4:01 PM EDT. LVMH Moët Hennessy Louis Vuitton SE reported mixed quarterly trends across its luxury divisions in Q1 2025, with fashion and leather goods driving growth while wines and spirits experienced weaker demand. The Paris-based luxury conglomerate, which owns over 70 premium brands including Louis Vuitton and Dior, is navigating shifting consumer preferences amid a cautious global economy. Investors are closely watching how high-end spending holds up in key markets such as the United States and China. LVMH leverages geographic diversification and a strong focus on brand exclusivity to sustain pricing power. The company's shares are under scrutiny as markets factor in the outlook for luxury consumption in an uncertain environment.

Latest articles

Bradesco Shares Up, Big Test Ahead for Brazil’s Bank Rally

Bradesco Shares Up, Big Test Ahead for Brazil’s Bank Rally

20 May 2026
Banco Bradesco’s preferred shares rose 3.28% to R$17.96 on Wednesday, outperforming the Ibovespa’s 2.12% gain as Brazilian bank stocks rebounded. Bradesco reported first-quarter recurring net income of R$6.8 billion, up 16.1% year-on-year, but loan-loss provisions increased 26.5% to R$9.7 billion. The Selic rate remains at 14.5% after recent cuts, with inflation expectations rising.
Norwegian Cruise Line Gains 9% as Oil Drops, Fuel Still in Focus

Norwegian Cruise Line Gains 9% as Oil Drops, Fuel Still in Focus

20 May 2026
Norwegian Cruise Line Holdings shares rose 9.2% to $16.15 Wednesday afternoon, rebounding after a four-day slide as oil prices dropped nearly 6%. Director Jose E. Cil bought 15,000 shares this week, according to an SEC filing. UBS cut its price target on the stock to $17. Norwegian recently lowered its 2026 earnings forecast and said net yield would fall 3% to 5%.
AT&T Shares Fall as Fiber Expansion, Cash Vow, Satellite Strategy Under Scrutiny

AT&T Shares Fall as Fiber Expansion, Cash Vow, Satellite Strategy Under Scrutiny

20 May 2026
AT&T shares fell 0.3% to $24.91 Wednesday, trailing a broader Wall Street rally led by chip stocks. The company reaffirmed its second-quarter free cash flow target of $4.0–$4.5 billion and plans to return over $45 billion to shareholders from 2026 to 2028. CEO John Stankey told investors fiber expansion remains a focus, with 7 million new passings expected this year.
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