Gilat Satellite Networks secured over $20 million in orders from a leading global satellite operator for its SkyEdge services and systems, with most deliveries expected within 24 months. These orders highlight strong demand for Gilat's multi-orbit satellite communication technology, including advanced ground systems and network management tools that enhance performance and scalability. As satellite networks evolve toward multi-orbit architectures, Gilat's solutions support diverse applications like mobility, broadband, and cellular backhaul, helping operators optimize connectivity worldwide. This deal reinforces Gilat's position as a trusted partner in the satellite industry amid growing network complexity.
Evercore ISI raised Ross Stores' price target to $276, suggesting a 12.5% upside from its current $245.36 price. The boost reflects strong expectations for Q2, with projected revenues of $6.10 billion (up 10.7%) and earnings per share of $1.92 (up 23...
Nvidia is deepening its involvement in the AI industry by investing $1.5 billion in SB Energy, which is building a major data center campus for OpenAI in Ohio. This deal locks in up to 8 gigawatts of AI computing capacity and ties Nvidia not only as ...
Fabrinet is set to report strong Q3 2026 earnings with revenue forecasted at about $1.276 billion, a 41% increase year-over-year, driven by demand in Telecom and Data Center sectors. Earnings per share are expected to rise 45% to $3.81, reflecting ro...
Micron Technology's stock has soared 240.65% year-to-date in 2026, fueled by a strong AI-driven memory market. The company reported a fiscal Q3 revenue of $41.46 billion and expects fiscal Q4 revenue to reach $50 billion with a non-GAAP EPS of $31. D...
Ana Romero-Davila, platform director at Adient, was honored as a 2026 Automotive News Rising Star, recognizing young U.S. auto industry leaders under 45. She oversees major OEM account launches, strategic planning, and program delivery, recently lead...
