Wolfspeed reported a Q4 2026 earnings per share loss of $2.26, better than the expected $2.45 loss, with revenue at $149.6 million slightly below estimates but within guidance. Growth in AI data-center applications boosted revenue by 20%, offsetting weaker automotive sector demand. The company is undergoing strategic transformation with new leadership and remains unprofitable but financially stable with a strong current ratio. This mixed performance highlights Wolfspeed's focus on future growth areas like AI despite near-term challenges in automotive markets.
UiPath CEO Daniel Dines has sold 1.4 million shares of the company, raising $22.5 million. This move may indicate a personal liquidity event or portfolio rebalancing by the CEO. Investors might watch for any impact on the stock price or future inside...
Wolfspeed's stock fell 12% after reporting a fiscal Q4 2026 adjusted loss of $2.26 per share, wider than analyst expectations, with a negative 20% gross margin reflecting ongoing cost challenges post-Chapter 11 restructuring. Revenue was $149.6 milli...
Power semiconductor stocks Wolfspeed, STMicroelectronics, and ON Semiconductor surged Monday following a Mizuho report highlighting a faster and stronger NVIDIA Vera Rubin ramp starting Q4 2026, driven by xAI and Meta. This ramp is expected to signif...
