TTM Technologies is experiencing rapid growth fueled by strong demand in AI infrastructure and data center markets, which now account for 40% of its total sales. The company projects Q3 2026 revenues between $1.1 billion and $1.14 billion, representing a 46-51% year-over-year increase. Expansion through new high-margin PCB technology and a ramp-up at its Penang facility is expected to boost profitability. Recent European acquisitions add strategic value and incremental earnings, reinforcing TTM's position as a leading PCB maker in the US and globally.
SK Hynix has approved a $38 billion investment to build new memory fabrication plants. However, these new fabs are not expected to produce any chips before December 2028, indicating a long-term expansion plan. This move highlights SK Hynix's commitme...
Three closed-end funds—Eaton Vance Tax-Advantaged Dividend Income Fund, Reaves Utility Income Fund, and Cohen & Steers Quality Income Realty Fund—have paid monthly distributions for over 20 years, yielding between 6.5% and 9%. Each fund targets diffe...
Rosen Law Firm is investigating claims that GoDaddy Inc. provided misleading business information to investors. Shareholders who bought GoDaddy securities might be eligible for compensation through a class action lawsuit without upfront costs. The fi...
Ethereum is showing signs of strength with selling pressure at lows not seen since the 2022 bear market and increasing institutional inflows, contrasting with Bitcoin's outflows. The ETH/BTC ratio is at a critical resistance level of 0.03, which it h...
Anthropic CEO Dario Amodei responded to criticism that his warnings about AI risks have fueled negative public sentiment and regulatory backlash in the U.S. He argued his messaging has been balanced between AI's risks and benefits, emphasizing that p...
