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Coherent surges 16% after electronic-components maker II-VI Incorporated offers $260 a share in buyout bid

II-VI is the third company in less than a month to make a bid for Coherent, proposing a $6.5 billio…

Will Daniel   


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2 mins read

Coherent skyrockets 33% after Lumentum announces $5.7 billion acquisition of rival laser maker

Coherent stock gained over $1 billion in market cap Tuesday after Lumentum announced its $5.7 billi…

Will Daniel   


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2 mins read

Apple sinks after one of its facial-recognition suppliers cuts its outlook

"We received a request from one of our largest Industrial and Consumer customers for laser diodes f…

Ethel Jiang   


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2 mins read

More details have emerged about the iPhone's rumored 3D depth camera for advanced augmented reality, photo, and video effects

It isn't clear how the coronavirus impact may affect Apple's releases in 2020. The company has stay…

Charlie Wood   


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3 mins read

US stocks close at record highs as traders weigh recovery optimism against valuation concerns

Bitcoin traded around $47,500 after dipping from Thursday's record high. Adoption from BNY Mellon a…

Ben Winck   


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1 min read

The completely redesigned iPhone 8 could cost a boatload

The upcoming "special 10th anniversary edition" of the iPhone is expected to cost more than $1,000,…

Kif Leswing   


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2 mins read

Apple plunges after slashing revenue guidance for its holiday quarter

Apple's stock has had a rough couple of months, falling more than 32% from its October peak of $233…

Jonathan Garber   


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4 mins read

A portfolio manager who's crushed his peers for the last half-decade identifies one stock every long-term investor should own

One piece that probably is somewhat missed about Amazon is their ability to generate profits from a…

Akin Oyedele   


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2 mins read

Apple slides into a bear market - now down 20% from its all-time high

On Monday, Lumentum, the main supplier of the Face ID technology in Apple's latest generation of iP…

Jonathan Garber   


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2 mins read

Apple slides amid mounting fears of a smartphone slowdown

Wall Street analysts are concerned. Goldman Sachs, for its part, cut its price target on the stock …

Rebecca Ungarino   


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2 mins read

Apple's next iPad Pro could have a high-resolution 3D camera creating an 'all-new productivity experience'

We give a greater than 50% probability that the new iPad in 4Q19/1Q20 may adopt ToF (our previous f…

Kif Leswing   


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2 mins read

Apple suppliers are sinking after an iPhone lens maker reports a big drop in sales

Thursday's selling followed Apple's decline on Tuesday, when it fell more than 4% after HSBC analys…

Rebecca Ungarino   


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2 mins read

The Nasdaq is headed for its lowest close in 6 months as FAANG stocks tumble

Trade tensions continued to weigh on global markets after the US and China clashed at a summit in P…

Gina Heeb   


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2 mins read

Goldman Sachs is sounding the alarm on Apple - demand for new iPhones could be 'deteriorating'

Apple's stock has slid over 10% since November 1, which is when the company said it would stop disc…

Kif Leswing   


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Tech stocks are getting slammed, Dow drops more than 300 points

And in deal news, the German database giant SAP announced it would buy the experience-management st…

Jonathan Garber   


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2 mins read

Apple is set to miss out on the Nasdaq's relief rally after iPhone 'saturation' fears hammer suppliers

The Cupertino, California-based company's shares were down slightly in premarket after falling 4.4%…

Callum Burroughs   


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2 mins read

Apple falls into bear market territory after Goldman slashes its price target again

With investors speculating that all these signs point to weakness in new iPhone sales, the Wall Str…

Ethel Jiang   


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2 mins read

10 things in tech you need to know today

Have an Amazon Alexa device? Now you can hear 10 Things in Tech each morning. Just search for "Busi…

Shona Ghosh   


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Millennials are piling into Apple after it warned of a slowdown linked to China

Apple shares were hit hard over the past week, down as much as 10%, but that didn't scare millennia…

Ethel Jiang   


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2 mins read

What you need to know on Wall Street today

But it was the turmoil that raged under the surface of that massive hedge fund universe last month …

Olivia Oran  Â