Today: 29 April 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

  • Tuya (TUYA) Stock Analysis: Fair Pricing Amid Recent Pullback and Strong Long-Term Gains
    April 29, 2026, 12:05 PM EDT. Tuya (NYSE:TUYA) shares closed at $2.28, down 3.0% in one day and 6.2% over seven days, contrasting with a 3-year total shareholder return of 28.7%. The company reported $321.8 million in annual revenue and $57.9 million net income. Trading at a price-to-earnings (P/E) ratio of 24.1x, Tuya's valuation is slightly above its fair value estimate of 23.5x and peers' average of 21.7x, but below the broader U.S. Software industry average of 30.4x. This reflects investor confidence in its profitability and growth prospects, with earnings expected to grow nearly 10% annually. Risks include dependence on Chinese market demand and relatively rich valuation compared to peers. The stock trades just 0.9% below its intrinsic value according to discounted cash flow (DCF) estimates, suggesting near fair pricing.

Latest article

Mastercard Stock Jumps Before Earnings as Visa’s Big Beat Sends a Fresh Signal

Mastercard Stock Jumps Before Earnings as Visa’s Big Beat Sends a Fresh Signal

29 April 2026
Purchase, New York, April 29, 2026, 12:06 EDT Mastercard shares rose 3.8% to $526.90 in late Wednesday morning trading, as investors marked up payment networks after Visa beat profit estimates and raised its full-year earnings outlook a day before Mastercard reports its own quarter. Visa shares were up 8.7%, while American Express was little changed. (Reuters) The move matters because Mastercard’s Thursday report will give investors another quick read on whether card spending is still holding up despite higher costs, war-driven travel disruption and broader market caution. Mastercard said it will release first-quarter results on April 30 and hold a
GE HealthCare Technologies Inc. Stock Sinks as Tariffs and Chip Costs Force Profit Cut

GE HealthCare Technologies Inc. Stock Sinks as Tariffs and Chip Costs Force Profit Cut

29 April 2026
GE HealthCare cut its 2026 profit forecast Wednesday, citing higher chip, oil, and freight costs, as well as tariffs and a supplier issue. Shares fell nearly 13% to $59.75. First-quarter revenue rose 7.4% to $5.13 billion, but net income dropped to $389 million from $564 million a year earlier. The company also announced a reorganization, merging its Imaging and Advanced Visualization units.
Applied Materials (AMAT) Faces Fresh China Shock After U.S. Targets Hua Hong Shipments

Applied Materials (AMAT) Faces Fresh China Shock After U.S. Targets Hua Hong Shipments

29 April 2026
The U.S. Commerce Department ordered Applied Materials, Lam Research, and KLA to halt some chip-tool shipments to China’s Hua Hong, Reuters reported. The move targets shipments linked to facilities believed capable of advanced chip production. Applied reported $2.10 billion in China revenue last quarter, or 30% of its total. Shares in Applied, Lam, and KLA traded lower after the news.
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