TTM Technologies reported record Q1 2026 results with 30% year-over-year revenue growth and 50% earnings per share growth, fueled by strong demand in AI data center and defense segments. These sectors now make up 80% of the company's business, with defense providing a stable, countercyclical revenue stream that the market undervalues. Management expects Q2 sales between $930 million and $970 million and non-GAAP EPS of $0.82 to $0.88, though analysts anticipate higher earnings, suggesting another potential earnings beat. Despite a high valuation at 85 times trailing P/E, the outlook remains bullish, with the analyst planning to increase holdings only if the stock price dips.
Chery Auto officially opened its Rosslyn Plant in South Africa, transforming from an importer to a local manufacturer and retaining all 692 employees. The plant, originally built in 1963, will be upgraded to produce 50,000 vehicles annually by mid-20...
The MARS2 Multimodal Reasoning Competition, sponsored by Tec-Do and MiniMax, has been officially launched to coincide with the ECCV 2026 conference. With a $100,000 prize pool, the competition challenges AI models to perform complex, open-world reaso...
Netflix is set to use artificial intelligence as a tool to boost growth by improving content creation and enhancing the user experience, rather than producing fully AI-generated movies or shows. This approach marks a shift in Netflix's strategy from ...
Novo Nordisk is rated a BUY as its oral Wegovy drug rapidly expands the obesity treatment market in the U.S., with over 3 million prescriptions in five months, mostly from patients new to GLP-1 treatments. This strong demand has led management to rai...
Nation Health MD is emphasizing the growing consumer interest in lymphatic wellness and the benefits of targeted nutritional supplements that support healthy lymphatic drainage, immune function, and natural detoxification. The lymphatic system plays ...
