Today: 29 June 2026
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TSX:6723 28 August 2025 - 8 February 2026

Renesas stock price jumps again as $3 billion SiTime deal keeps traders hooked on 6723

Renesas stock price jumps again as $3 billion SiTime deal keeps traders hooked on 6723

Renesas shares closed at 2,957.5 yen on Friday, up 6.9% after announcing a $3 billion cash-and-stock deal to transfer its timing business to SiTime, with closing targeted by end-2026. Renesas forecast March-quarter revenue of 367.5–382.5 billion yen and a 58.5% gross margin. The company reported 2025 revenue of 1.32 trillion yen and a non-GAAP profit of 329.3 billion yen.
8 February 2026
SiTime stock jumps premarket as $3.2 billion Renesas timing deal keeps SITM in play

SiTime stock jumps premarket as $3.2 billion Renesas timing deal keeps SITM in play

SiTime shares rose 3.3% in premarket trading Friday after announcing a $1.5 billion cash-and-stock deal to acquire Renesas’ timing business. The company reported $113.3 million in fourth-quarter revenue, up 66% year-over-year, and issued a positive forecast for the first quarter. SiTime expects the acquired unit to add $300 million in revenue within a year of closing.
Renesas Electronics stock price: yen surge and Feb. 5 results in focus ahead of Tokyo trade

Renesas Electronics stock price: yen surge and Feb. 5 results in focus ahead of Tokyo trade

Renesas Electronics closed Friday at 2,513.5 yen, down 0.16%, after the yen surged and the dollar fell 1.66% to 155.77 yen amid intervention concerns. The chipmaker’s stock has gained about 8% over five sessions. Investors await Renesas’ Feb. 5 earnings report for further direction. Currency volatility remains in focus for Tokyo’s Monday open.
Renesas stock climbs 1.4% in Tokyo trade as chip sentiment steadies after tariff jitters

Renesas stock climbs 1.4% in Tokyo trade as chip sentiment steadies after tariff jitters

Renesas Electronics shares rose 1.4% to 2,355.5 yen in Tokyo Tuesday, rebounding from Monday’s close. The move followed a global market drop after U.S. President Trump threatened tariffs on Europe. Prime Minister Sanae Takaichi called a snap election for Feb. 8 and pledged a two-year suspension of the 8% food tax, pushing bond yields to a 27-year high. Renesas will report full-year results on Feb. 5.
20 January 2026
RISC-V vs ARM vs x86: The 2025 Silicon Architecture Showdown

RISC-V’s Edge & IoT Takeover: Billions of Open-Source Cores Drive 2025 Tech Revolution

Over 13 billion RISC-V processor cores shipped by 2023, with billions more expected annually, mainly for IoT and embedded devices. Nvidia projects shipping about 1 billion RISC-V cores in 2024 across its GPUs and SoCs. Qualcomm passed 1 billion RISC-V microcontroller devices in late 2023. Renesas launched its first RISC-V-based general-purpose microcontrollers in 2024.

Stock Market Today

  • CNX Resources Removed from Russell 2000 Dynamic Index, Impacting Investor Base and Narrative
    June 29, 2026, 12:14 AM EDT. CNX Resources Corporation (NYSE: CNX) was excluded from the Russell 2000 Dynamic Index, potentially reshaping its investor mix by reducing holdings from index-tracking funds. This shift may affect liquidity and trading patterns but does not alter CNX's core fundamentals tied to Appalachian natural gas and environmental incentives. The company remains focused on monetizing tax credits and low-carbon initiatives, while navigating regulatory uncertainties. Its aggressive share repurchase program, with nearly 64% of shares bought back, interacts with the index exit to influence market dynamics. Analysts offer mixed forecasts, with some anticipating revenue around $2.3 billion by 2029 and others more cautious. Investors should weigh these factors amid evolving regulations and shifting shareholder composition.

Latest articles

Trump-era loan caps could open door for private lenders in grad school market

Trump-era loan caps could open door for private lenders in grad school market

29 June 2026
July 1 federal loan caps slash Grad PLUS access, forcing many graduate and professional students to seek private loans; Sallie Mae projects up to 70% origination growth over several years, while SoFi reports record student-loan volume—investors now face a real-time test of how much demand shifts to private lenders as federal limits hit.
IREN Limited (NASDAQ:IREN) slides as Warriors badge faces AI revenue test

IREN Limited (NASDAQ:IREN) slides as Warriors badge faces AI revenue test

29 June 2026
IREN Limited (NASDAQ:IREN) plunged 21.3% to $47.21 over five straight down days despite announcing a record $50M+ annual Warriors jersey deal, as investors focused on the company’s not fully contracted $4.4B target ARR and high short interest at 19.74% of float, with Friday’s close near the lowest analyst target.
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