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Applied Materials Raises Stake in BE Semiconductor Industries to About 20%

Applied Materials Raises Stake in BE Semiconductor to Nearly 20%

Applied Materials increased its stake in BE Semiconductor Industries to nearly 20%.

Applied Materials to Raise Stake in BE Semiconductor to 20%

Applied Materials said it would increase its stake in BE Semiconductor Industries to 20% of outstanding shares. BE Semiconductor shares rose 9.2% to 13.40 euros in morning European trade.

Applied Materials plans to raise BESI stake to about 20%

Reuters reports that Applied Materials plans to increase its stake in Dutch company BE Semiconductor Industries to about 20%.

Thermo Fisher Raises 2026 Revenue and Adjusted EPS Guidance

Thermo Fisher reported Q3 revenue of $12.14 billion, up 9%, and adjusted EPS of $6.68, up 15%. It raised 2026 revenue guidance to $47.7–$48.2 billion and adjusted EPS guidance to $25.13–$25.43.

SpaceX Reports Q3 Revenue of $14.6 Billion, Net Income of $4.4 Billion

SpaceX reported third-quarter 2026 revenue of $14.6 billion, up 161% year over year, and net income of $4.4 billion versus a $1.1 billion loss a year earlier. Adjusted EBITDA was $8.8 billion, up 306% from $2.2 billion.

Investors bet on both sides of US-China AI race despite tensions

Wall Street banks are fundraising for AI upstarts in China while Chinese money flows into US tech, with US equity holdings by Chinese residents jumping 23% to $750 billion. The mutual exposure creates a safety net for investors amidst geopolitical rivalry.

Billionaire Investor Adds To ASML, Exits Rivals KLA and Lam — Plus Nvidia, Broadcom

Billionaire activist Dan Loeb ‘s Third Point LLC raised a stake in ASML Holding (NASDAQ: ASML ) in the second quarter. The investor more than doubled its stake in the semiconductor company, increasing it from 12,000 in the first quarter of 2026 to 30,000 as of June 30. Meanwhile, Third Point exited its entire stake in

John Wiley reports Q1 2027 Research growth, reaffirms guidance

John Wiley & Sons said Q1 Research publishing revenue rose 12%, while Learning revenue fell 20%. The company reiterated full-year guidance for mid-single-digit organic revenue growth, adjusted EPS of $4.60 to $5.05 and free cash flow of $205 million.

US Inflation Rises 0.1% Month-Over-Month

The July consumer price index rose 0.1% month-over-month and 3.4% year-over-year

Why Applied Materials Shares Are Surging Monday

Applied Materials Inc (NASDAQ: AMAT ) shares are trading higher by more than 11% on Monday as analysts lift targets and chip-related tech names are broadly catching a bid, with the Nasdaq-100 up 2.4%. Here’s what investors need to know. Applied Materials shares are testing new highs. Why are AMAT shares at highs? What