Today: 22 May 2026
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TWSE:3034.TW 26 January 2026

Novatek Microelectronics stock rises in Taipei trade as Taiwan tests 32,000 ahead of Feb. 6 results

Novatek Microelectronics stock rises in Taipei trade as Taiwan tests 32,000 ahead of Feb. 6 results

Novatek Microelectronics shares rose 1.15% to T$397.5 in early Taipei trading, extending gains as Taiwan’s benchmark index topped 32,000 on strong tech performance. Investors are watching for Novatek’s 2025 earnings and January sales, both due Feb. 6. The stock traded between T$388.5 and T$403.5. U.S. tech earnings this week are also in focus.

Stock Market Today

  • Vita Coco (COCO) Q1 Earnings Beat Spurs 66% Monthly Share Surge Amid Valuation Debate
    May 22, 2026, 1:23 AM EDT. Vita Coco Company (COCO) reported a robust Q1 revenue of $658.6 million, beating analyst estimates by 20.5% and driving a 66.4% one-month share price gain. The stock's one-year total shareholder return reached 117.3%, reflecting strong growth momentum. Despite this, the most followed valuation narrative suggests the stock is 171% overvalued, with a fair value estimate of $29.10 versus a recent share price of $78.83. Growth prospects hinge on increasing demand for healthy beverages, new products, and geographic expansion, but risks include commoditisation of coconut water and pricing pressure from larger rivals. Investors face a split sentiment on risk and reward as the stock trades above analyst targets and intrinsic value estimates.

Latest articles

OpenAI Shares Hype Returns, Still No Ticker in Sight

OpenAI Shares Hype Returns, Still No Ticker in Sight

22 May 2026
OpenAI is preparing to confidentially file for a U.S. IPO, aiming to go public as early as September, sources told Reuters. The move follows a court win against Elon Musk, removing a key legal obstacle. Private-market share prices for OpenAI ranged from $658.94 to $732.38 this month, but no official public price exists. Ordinary investors still cannot buy OpenAI stock on public exchanges.
Estée Lauder Shares Gain as Rumored Deal Fails to Materialize

Estée Lauder Shares Gain as Rumored Deal Fails to Materialize

22 May 2026
Estée Lauder and Spain’s Puig ended merger talks that would have created a $40 billion beauty group. Estée Lauder shares rose about 10% in after-hours trading, closing the regular session at $78.91. The company said it will focus on its turnaround plan and continue reviewing possible acquisitions or divestitures.
WhiteFiber Stock Rips 22% on $160 Million AI Deal. The Test Comes in July

WhiteFiber Stock Rips 22% on $160 Million AI Deal. The Test Comes in July

22 May 2026
WhiteFiber shares jumped 22.2% to $29.55 after announcing a five-year AI compute contract worth over $160 million for a Paris-region deployment using NVIDIA GPU systems. Google Finance showed the stock rising further after hours. The project is backed by planned financing and 12 months of customer prepayments, but funding and execution remain pending. Service is expected to start in July, subject to equipment delivery and acceptance.
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