Harmonic Shares Jump, Eyes on Video Unit Sale

Harmonic Inc. shares surged almost 20% Friday as investors bought back in following the company's updated outlook and the announced sale of its Video business. The broadband-equipment stock goes into the long U.S. weekend with strong momentum.

Inter Venezuela Taps Harmonic for 5G-Ready Fiber Backhaul as Network Demand Rises

Inter Venezuela Taps Harmonic for 5G-Ready Fiber Backhaul as Network Demand Rises

Inter Venezuela rolled out a nationwide XGS-PON mobile backhaul service, tapping Harmonic’s virtualized core and fiber gear for the job, Harmonic announced. The goal: give mobile operators cheaper and faster connectivity as Venezuela gears up for more dense 5G infrastructure. XGS-PON, a fiber access tech, enables high-capacity data transfer—critical for backhaul, which routes traffic from cell towers to a broader network.

US Stock Market Today Updates

AI PORTFOLIO

Top Stock Picks

Today’s highest-ranked model selections.

#1 Strong buy

Alphabet

NASDAQ:GOOGL 92/100 • ★★★★½
#2 Strong buy

Taiwan Semiconductor Manufacturing

NYSE:TSM 89/100 • ★★★★½
#3 Buy

S&P Global

NYSE:SPGI 88/100 • ★★★★
#4 Buy on weakness

Amazon

NASDAQ:AMZN 86/100 • ★★★★
#5 Buy on weakness

Microsoft

NASDAQ:MSFT 84/100 • ★★★★
View full portfolio
Editorial model selection. Not personalised advice.
MARKET CALENDAR

Key Events Today

The catalysts most likely to move markets.

#1

U.S. index futures reopen at 18:00 ET

This is the clearest scheduled U.S.-market price-discovery point today and can transmit weekend news into equity-index futures before Monday's cash session.

#2

New Zealand retail sales at 18:45 ET

The Q2 retail package can move NZD and regional risk sentiment. Spillover to U.S. assets is usually secondary unless the result is unusually large.

#3

No scheduled domestic U.S. data or corporate reports

The absence of U.S. releases, earnings, IPO pricings and split events leaves fewer scheduled catalysts, increasing the relative importance of weekend headlines and positioning at the futures reopen.

View full calendar
Times and estimates may change. Verify before trading.