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The Latest Breaking News from Allegro MicroSystems

Market Rally Under Pressure As Yields Soar; Amazon, ELF, Caterpillar Are Earnings Winners: Weekly Review

The market rally came under pressure this week amid soaring Treasury yields. Amazon, ELF Beauty and CAT were earnings winners, but there were big losers too.

Investors Business Daily

Dow Jones Rises After Key Economic Data; Caterpillar, Merck, Uber Lead 9 Big Earnings Movers

The Dow Jones Industrial Average rose Tuesday after key economic data. Caterpillar, Merck and Uber were among nine big earnings movers.

Investors Business Daily

Allegro MicroSystems Gets Lift From Automotive, Clean Energy Markets

Chipmaker Allegro MicroSystems topped Wall Street's targets for its fiscal first quarter and guided higher for the current period.

Investors Business Daily

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Dow Jones Futures: Microsoft, Tesla At Key Support Levels; 5 Big Earnings Movers

Dow Jones futures: Microsoft and Tesla stock could soon offer new buy points. Big earnings movers late include Arista Networks.

Investors Business Daily

Dow Jones Falls In Final Day Of July; 6 Best Stocks To Buy And Watch

The Dow Jones Industrial Average dropped Monday, with the stock market set to end July with gains. Best stocks to buy and watch include Dow Jones giant Boeing.

Investors Business Daily

Dow Jones Rallies 240 Points After Weak Retail Sales; Charles Schwab Surges On Earnings

The Dow Jones rallied 240 points Tuesday after weak U.S. retail sales data. Big bank earnings continue, with results from Bank of America.

Investors Business Daily

Dow Jones Futures Fall: Tesla Hits 2023 High On First Austin Cybertruck; AT&T, Verizon Plunge

Dow Jones futures: Tesla stock hit a 2023 high on its first Austin Cybertruck. Telecom giants AT&T and Verizon continued to plunge.

Investors Business Daily

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Dow Jones Reverses Higher; Tesla Stock Jumps As First Austin Cybertruck Arrives

The Dow Jones turned higher on weak China data. Tesla stock jumped, as the company completed its first Cybertruck at the Austin, Texas plant.

Investors Business Daily

The No. 1 Stocks From 2023's Hottest Industry Groups Don't Include Tesla Or Nvidia

Investors should target the top stock in leading industries. Super Micro and MongoDB are No. 1 in their respective, market-leading groups.

Investors Business Daily

This Semiconductor Stock Defies Industry's Pullback

This semiconductor stock rose above a trendline giving investors a new buying opportunity. The company makes chips for the EV industry.

Investors Business Daily

Allegro MicroSystems Beats Quarterly Targets On Strong Auto Chip Sales

Chipmaker Allegro MicroSystems beat analyst expectations for its fiscal fourth quarter thanks to robust automotive chip sales.

Investors Business Daily

ABNB, ANET, PANW Lead 11 Stocks Eyeing 53% To 667% Growth

With Q1 earnings reports ahead, ABNB stock joins ANET, PANW and eight other top growth stocks expecting 53% to 667% growth.

Investors Business Daily

Chipmaker Allegro MicroSystems Earns High Marks At Analyst Day

Chipmaker Allegro MicroSystems sees continued strong growth ahead thanks to its business in automotive and clean energy markets.

Investors Business Daily

16 Top Growth Stocks Expecting A 50% To 439% Rise This Year

Palo Alto Networks and Salesforce lead this list of 16 top-rated growth stocks eyeing 50% to 439% EPS growth this year.

Investors Business Daily

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Investors Business Daily

Chipmaker Allegro MicroSystems Posts Beat-And-Raise Quarterly Report

Chipmaker Allegro MicroSystems beat Wall Street's targets for its fiscal third quarter and guided higher for the current period.

Investors Business Daily

IBD 50 Stocks To Watch: Chip Leader Allegro MicroSystems Nears New Buy Point

Among the top stocks to buy and watch, chip leader Allegro MicroSystems is approaching a new buy point in today's stock market action.

Investors Business Daily

Dow Jones Drops 200 Points After Stock Market Plunge; Meta Jumps On Upgrade

The Dow Jones Industrial Average dropped 200 points Friday, as the major stock indexes threatened to add to Thursday's stock market plunge.

Investors Business Daily

Dow Jones Dives 700 Points After Jobless Claims, Retail Sales; Tesla Hits New Low On Elon Musk Stock Sales

The Dow Jones Industrial Average dropped Thursday after jobless claims and retail sales. Tesla fell as Elon Musk sold $3.5 billion of Tesla stock.

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Investors Business Daily

Dow Jones Rises Ahead Of Fed Rate Hike, Powell Comments; Best Buy Drops On Downgrade

The Dow Jones rose Wednesday ahead of the Fed's rate hike decision and Fed Chair Jerome Powell's comments. Tesla continues to drop.

Investors Business Daily

Dow Jones Surges 600 Points On Cool CPI Inflation Data As Treasury Yields Dive; Boeing Jumps On New Dreamliner Order

The Dow Jones Industrial Average surged 600 points Tuesday on cool CPI inflation data. Tesla stock rebounded more than 4%.

Investors Business Daily

IBD 50 Stocks To Watch: Chip Leader Allegro MicroSystems Breaks Out, But There's Reason For Caution

Chip leader Allegro MicroSystems is one of the top stocks to buy and watch, as it breaks out past a new entry. But there is reason for caution.

Investors Business Daily

Allegro Microsystems, CubeSmart To Join S&P MidCap 400; ALGM Stock Set To Break Out

EV chip play Allegro Microsystems and CubeSmart will join the S&P MidCap 400, along with some S&P 600 moves. ALGM stock is set to break out.

Investors Business Daily

Analysts Like These Semiconductor Stocks Amid Rising Chip Inventories

With chip stocks facing headwinds like rising inventories and slowing demand in certain segments, Wall Street sees some bright spots.

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For May 25, 2022

Upgrades Credit Suisse upgraded the previous rating for Molecular Partners AG (NASDAQ:MOLN) from Underperform to Neutral. NoneAt the moment, the stock has a 52-week-high of $32.04 and a 52-week-low of $5.92. Molecular Partners closed at $6.88 at the end of the last trading period.

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