CLS
NYSE · Electrical Equipment
Celestica Inc
$317.83
+3.30 (+1.05%)
CLS News12 articles
Celestica's $3B AI-Fueled Stock Sale Raises Stakes for 2027 Growth
Celestica prices a $3 billion equity offering at $310 per share, a 14.5% discount, to fund AI-driven expansion. Shares fall in premarket trading as investors weigh dilution against 2027 growth prospects.
Nifty 50 Retreats as New Closing Rule Rally Fades; Global Markets Mixed
India's Nifty 50 reversed gains tied to a new closing mechanism, while global markets showed mixed signals: Gulf shares advanced, Toyota's profit fell, and a dormant Bitcoin wallet moved $31 million.
Celestica Soars 8% After Raising Full-Year Guidance, Q4 Revenue Implied at $6.35B
Celestica shares surged 8% after raising its 2026 outlook, with Q4 revenue implied at $6.35 billion and adjusted EPS at $3.62, driven by robust AI and cloud demand.
Broadcom AI Revenue Surpasses Half of Forecast, Yet Shares Struggle in June
Broadcom's AI chip revenue is set to make up 54% of fiscal Q3 revenue, yet shares have fallen 20% in June due to margin worries.
Flex Jumps 3% on S&P 500 Inclusion as AI Data Center Focus Boosts Appeal
Flex shares rose 3% to $147.61 as investors positioned for its S&P 500 debut, highlighting its AI data center focus and planned cloud spin-off.
Flex Set to Join S&P 500; Index Rebalancing Adds Complexity
Flex (FLEX) will join the S&P 500 on June 22, replacing Campbell's. The stock fell 4.8% Friday but gained 1.5% after hours. AI data-center focus and planned spinoff add interest.
Flex Gains S&P 500 Entry Amid AI Power Unit Growth, Shares Slide in Tech Rout
Flex (FLEX) is set to join the S&P 500 on June 22, drawing attention to its surging AI data-center power unit and planned spin-off, though shares dropped 4.8% in a tech selloff.
TSX Advances as Tech and Gold Rally Mask Economic Weakness
Canada's S&P/TSX Composite gained 0.7% on Friday, closing May up 2.4% and near record highs, driven by tech and gold stocks despite weak GDP data.
Celestica Shares Gain in Toronto as AI Demand Drives Interest
Celestica shares climbed 2.61% to C$521.27 in Toronto on May 25, driven by AI infrastructure demand and strong Q1 results, while US markets were closed for Memorial Day.
Celestica Shares Slip as AI Hardware Rally Falters
Celestica shares dropped 5% in Toronto as the TSX reopened, mirroring declines in New York, as AI hardware stocks faced a sell-off.
Celestica Stock Tumbles Despite AI Demand Surge and Upgraded Forecast
Celestica raised its 2026 revenue forecast to $19B after a strong Q1, yet shares fell 15% as market expectations outpace growth.
Celestica Shares Dip Despite Strong Earnings and Raised AI-Driven Guidance
Celestica reported Q1 revenue of $4.05B, up 53% YoY, and raised its 2026 outlook to $19B, but shares slipped as the market had already priced in strong AI demand.