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● Fiscal 2030 targets include about $3.2 billion in revenue and non-GAAP EPS above $12.
SMX (Security Matters) Public Limited Company (NASDAQ:SMX), was among the hardest-hit names of the October 16, 2026 session. The shares closed at $1.890, down 47.50% on the day, cutting the stock nearly in half and extending a long, painful pattern that has come to …
● Concerns centered on memory maker CXMT's progress in advanced 4F2 DRAM technology.
● Concern about Chinese chipmaker CXMT's progress on advanced 4F2 DRAM fed the memory selloff.
● In a 45-stock software basket, 41 names fell, erasing roughly $130 billion.
● The company makes automated test equipment that chipmakers use before shipping semiconductors.
Shares of PT Telekomunikasi Indonesia Tbk (NYSE:TLK), the US-listed American depositary receipts, fell steeply on Friday, October 16, 2026, closing at $11.03, a drop of 13.69% on the day. The decline placed the stock among the larger single-session losers in the US market. There …
● Tesla claims zero to 60 mph in under one second, with production planned for 2028.
● Reports differed on the size of the move but all pointed to a heavy loss.
Vicor Corporation (NASDAQ:VICR) shares fell sharply on Friday, October 16, 2026, closing at $191.50, a decline of 12.92% on the day. The power-semiconductor maker was caught in the broad chip selloff that defined the session, extending a multi-session decline that had already been underway. …
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