Today: 29 April 2026
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NASDAQ:IPGP 30 December 2025 - 13 February 2026

IPG Photonics stock (IPGP) steadies premarket after 35% surge on earnings, $100 million buyback

IPG Photonics stock (IPGP) steadies premarket after 35% surge on earnings, $100 million buyback

IPG Photonics shares were flat in premarket trading near $150 after a 35% surge Thursday, which set a 52-week high. The company reported fourth-quarter revenue up 17% to $274.5 million, but gross margin slipped to 36.1%. The board approved a $100 million share buyback. Raymond James downgraded the stock on valuation but raised its price target to $180.
Why Coherent stock is jumping today as a unit sale closes and earnings loom

Why Coherent stock is jumping today as a unit sale closes and earnings loom

Coherent Corp shares rose 6.9% to $226.83 Monday ahead of its earnings report due Wednesday after market close. The move followed news that Bystronic finalized its purchase of Coherent’s Tools for Materials Processing unit. Morgan Stanley raised its price target to $190 but kept a neutral rating. Trading remained volatile as investors watched for updates on AI data center demand and debt repayment.
Lumentum stock rebounds today after Monday slide as year-end trading stays thin

Lumentum stock rebounds today after Monday slide as year-end trading stays thin

Lumentum shares rose 1.3% to $377.59 in midday trading Tuesday, recovering part of Monday’s 4.65% slide. Trading volume was about 800,000 shares, with the stock moving between $370 and $380.32. Optical-component peers were mixed, as Applied Optoelectronics gained and IPG Photonics slipped. Investors cited thin holiday liquidity and awaited U.S. economic data for direction.

Stock Market Today

  • Asian Stocks Rise, Oil Prices Slide as UAE Exits OPEC
    April 29, 2026, 1:13 AM EDT. Asian stocks mostly advanced led by Hong Kong's Hang Seng gaining 1.4%, while oil prices declined following the United Arab Emirates' announcement to leave the Organization of the Petroleum Exporting Countries (OPEC). The UAE, a major oil producer and third largest within OPEC, cited frustration over production quotas limiting its output. Brent crude oil fell 0.5% to $110.71 a barrel, and U.S. crude declined 0.6% to $99.32. The exit is expected to increase oil output but reduce OPEC's control over global supply. Market attention remains on U.S.-Iran peace talks and the Strait of Hormuz reopening prospects, factors influencing oil prices amid ongoing geopolitical tensions. U.S. stock markets retreated, with tech stocks under pressure, ahead of Fed interest rate decisions.

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Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 29.04.2026

29 April 2026
LIVEMarkets rolling coverageStarted: April 29, 2026, 12:00 AM EDTUpdated: April 29, 2026, 1:13 AM EDT Asian Stocks Rise, Oil Prices Slide as UAE Exits OPEC April 29, 2026, 1:13 AM EDT. Asian stocks mostly advanced led by Hong Kong's Hang Seng gaining 1.4%, while oil prices declined following the United Arab Emirates' announcement to leave the Organization of the Petroleum Exporting Countries (OPEC). The UAE, a major oil producer and third largest within OPEC, cited frustration over production quotas limiting its output. Brent crude oil fell 0.5% to $110.71 a barrel, and U.S. crude declined 0.6% to $99.32. The exit
AST SpaceMobile Stock’s May 11 Moment: FCC Win Meets BlueBird 7 Reality

AST SpaceMobile Stock’s May 11 Moment: FCC Win Meets BlueBird 7 Reality

29 April 2026
AST SpaceMobile will hold its first-quarter update call on May 11 after winning FCC approval to deploy a 248-satellite constellation for direct-to-device service. Shares fell 6.8% Tuesday, following the loss of its BlueBird 7 satellite in a failed launch. The company expects insurance to cover the loss and is targeting 45 satellites in orbit by end-2026. Investors are watching launch progress and commercial service timing.
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