To The Moon

Coherent reported quarterly earnings that were in-line with Wall Street's expectations, with gross margins increasing slightly. The optical networking company is benefiting from the artificial intelligence data center boom -- but shares fell anyway.Coherent posted adjusted earnings of $1.41 a share for the fiscal third-quarter, compared to 91 cents a year ago and Wall Street's $1.40 a share prediction. The company's quarterly revenue grew 21% to $1.81 billion, slightly topping the analyst consensus estimate for revenue of $1.78 billion, according to FactSet.Gross margin came in at 39.6% up from 38.5% a year ago. In February, Coherent forecast gross margin of 38.5% to 40.5% for the quarter.Coherent shares sank 6.5% in after-hours trading after gaining 2.6% to $344.42 in Wednesday's regular session. The stock has advanced 86% this year and joined the S&P 500 in March as part of the index's quarterly rebalancing."Investors have been more interest in COHR as of late," Marshall and Jaramill

Chinese premium electric-car maker Nio Inc. reported revenue that missed estimates and a bigger-than-expected loss as it continues to weather a bruising price war.NIO stock dropped 5.6% in premarket t

This article was automatically generated by MarketWatch using technology from Automated Insights.The Dow Jones Industrial Average is declining Tuesday morning with shares of Apple and Intel seeing the biggest drops for the index.The Dow was most recently trading 344 points, or 0.8%, lower, as shares of Apple and Intel have contributed to the index's intraday decline.Apple's shares have declined $7.73, or 3.3%, while those of Intel are off $0.57 , combining for a roughly 55-point drag on the Dow.Also contributing significantly to the decline are Microsoft , JPMorgan Chase , and Goldman Sachs .A $1 move in any of the Dow's 30 components equates to a 6.57-point swing.Data source: Dow Jones Market Data, FactSet. Data compiled October 1, 2024.This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

Americans have rarely been this giddy about the stock market.They are piling into stocks as major indexes reach new highs and placing bets that the rally that has driven the S&P 500 up 18% this year h

Gunning for higher dividends? Here are five stocks that upped their dividends by 20% or more.