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FN News5 articles
European Markets Steady Ahead of US Data, Fed Rate Bets in Focus
European markets opened higher on Monday, with US futures pointing to gains. Key data releases on Canada CPI and Empire State manufacturing could shift Fed rate expectations.
Coherent Soars 41% on Week as U.S. Weighs China Optics Ban
Coherent (COHR) surged 40.7% this week following a U.S. draft proposal to curb Chinese optical transceiver imports, with earnings due Aug 12.
Applied Optoelectronics Surges 23% on AI Optics Demand
AAOI stock jumped 23% since Friday, adding $1.77B in market value ahead of Q2 earnings. Optical sector rallies on AI infrastructure demand.
Russell 2000 ETF's Top Holdings Shift After Index Reshuffle
The Vanguard Russell 2000 ETF (VTWO) has surged 20.74% in 2026, but the June index reshuffle removed six of its top holdings, altering the fund's composition.
Fabrinet Soars 14% on Strong Earnings, Analyst Upgrades
Fabrinet shares surged nearly 14% Friday following a robust quarterly report and multiple analyst target increases. The company exceeded revenue and earnings guidance, with Barclays raising its price target to $548.