Market news

Detailed price information for Allegro Microsystems Inc (ALGM-Q) from The Globe and Mail including charting and trades.

A number of stocks jumped in the afternoon session after Treasury yields retreated below 5% and oil prices declined, sparking a recovery across growth-oriented equities following the Federal Reserve's interest rate increase.

Detailed price information for Globus Medical Inc (GMED-N) from The Globe and Mail including charting and trades.

Recent Price Moves Put Allegro MicroSystems In Focus Allegro MicroSystems (ALGM) has caught investor attention after a recent share price move, with the stock last closing at $36.61. The shift comes against a backdrop of mixed short term and longer term returns. That 2.95% 1 day share price gain and 2.35% 7 day share price return come after a sharper reset, with the 30 day share price return down 16.36% and the 90 day share price return down 24.03%. Even so, Allegro MicroSystems still shows a...

Detailed price information for Humana Inc (HUM-N) from The Globe and Mail including charting and trades.

Detailed price information for Sanmina Corp (SANM-Q) from The Globe and Mail including charting and trades.

A number of stocks jumped in the afternoon session after Nvidia reported blowout quarterly earnings and issued an upbeat revenue forecast, easing investor fears of a slowdown in artificial intelligence infrastructure spending. Shares across the semiconductor industry surged following the chipmaker's strong second-quarter beats on both revenue and profit, alongside an upbeat revenue outlook for the upcoming third quarter. Peer chipmakers and hardware suppliers, including Broadcom, Micron Technolo

Detailed price information for Mongodb Inc Cl A (MDB-Q) from The Globe and Mail including charting and trades.

A number of stocks jumped in the morning session after easing selling pressure, lower Treasury yields, and positive momentum from Asian markets boosted investor sentiment ahead of Nvidia's quarterly earnings and key inflation data.

Over the last six months, Allegro MicroSystems’s shares have sunk to $35.80, producing a disappointing 6.1% loss - a stark contrast to the S&P 500’s 10.5% gain. This might have investors contemplating their next move.

A number of stocks fell in the morning session after the 30-year U.S. Treasury yield hit a 19-year high and oil stayed elevated as a window for a U.S.–Iran deal closed without a breakthrough, a CNBC report revealed.

Here is how Allegro MicroSystems, Inc. (ALGM) and Fortinet (FTNT) have performed compared to their sector so far this year.

Shares of chip designer Allegro MicroSystems (NASDAQ:ALGM) fell 2.2% in the morning session after the company reported strong fiscal first-quarter 2027 results and provided positive guidance for the next quarter.

Allegro MicroSystems (ALGM) reported fiscal Q1 non-GAAP earnings Thursday of $0.23 per diluted share

Allegro MicroSystems (ALGM) delivered earnings and revenue surprises of +9.52% and +2.47%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?

Allegro MicroSystems (NASDAQ:ALGM) reported first-quarter fiscal 2027 sales of $259 million, exceeding the high end of its guidance range and rising 7% sequentially and 27% from a year earlier. Non-GAAP earnings per share reached $0.23, up 35% sequentially and 156% year over year, as the company cit

First Quarter Sales Increased by 27% Year-over-Year to $259 MillionMANCHESTER, N.H., July 30, 2026 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (“Allegro” or the “Company”) (Nasdaq: ALGM), a global leader in power and sensing semiconductor solutions for motion control and energy efficient systems, today announced financial results for its first quarter ended June 26, 2026. “We began fiscal 2027 with strong momentum, delivering our sixth consecutive quarter of sales growth. Fiscal first quarter

Allegro Microsystems Inc (ALGM) reports Q1 FY2027 sales of $259 million, exceeding guidance, with data center revenue surging to a record 17% of total sales.

Chip designer Allegro MicroSystems (NASDAQ:ALGM) announced better-than-expected revenue in Q2 CY2026, with sales up 27.5% year on year to $259.2 million. Guidance for next quarter’s revenue was optimistic at $270 million at the midpoint, 2.1% above analysts’ estimates. Its non-GAAP profit of $0.23 per share was 8.8% above analysts’ consensus estimates.

The updated fair value estimate for Allegro MicroSystems has shifted from US$54.42 to US$56.55, reflecting fresh modeling of the company’s outlook. Recent analyst commentary combines optimism around auto, AI data center and industrial demand with caution about elevated expectations, and that mix is feeding directly into how firms are resetting their targets and fair value work. As you read on, you will see how this evolving narrative may shape your own view of Allegro MicroSystems over...

Chip designer Allegro MicroSystems (NASDAQ:ALGM) will be reporting results this Thursday before market hours. Here’s what you need to know.

Allegro MicroSystems (ALGM) Reports Earnings Tomorrow: What To Expect

WS Amati Global Innovation Fund, managed by a UK-based equity management firm from AMAti Global Investors, released its second quarter 2026 investor letter. A copy of the letter is available to download here. Financial market performance in the second quarter was dominated by geopolitical conflict and enthusiasm for AI. Significant investments across all elements of […]

Detailed price information for GE Vernova Inc (GEV-N) from The Globe and Mail including charting and trades.

A number of stocks fell in the morning session after the U.S. government announced new tariffs of 10% to 12.5% on 60 trading partners over concerns related to forced labor. The targeted nations include the European Union, Japan, South Korea, and Taiwan—the fundamental pillars of the global semiconductor supply chain. While the U.S. designs many of the world's leading chips, the industry relies heavily on imported specialty chemicals, raw silicon wafers, and multi-million-dollar fabrication equip

ClearBridge Investments, a global equity manager, recently published second-quarter 2026 commentary for its “Small Cap Growth Strategy”. A copy of the letter can be downloaded here. The Russell 2000 Growth Index increased by 25.6% in the second quarter, marking its third-best quarterly performance in two decades. The rally was fueled by enthusiasm for AI, strength […]

Allegro MicroSystems Inc. (NASDAQ:ALGM) is one of the best performing semiconductor stocks to invest in. On July 2, Allegro MicroSystems has introduced the A81415, the industry’s first ASIL-D-certified PMIC that integrates a wheel-speed sensor interface. Designed for electromechanical braking/EMB systems, this single-chip solution eliminates up to nine external components and unlocks over 50% more board […]

Detailed price information for Fortinet Inc (FTNT-Q) from The Globe and Mail including charting and trades.

A number of stocks fell in the afternoon session after investors took profits following the chip sector's strong rally in the first half of the year as Middle East tensions escalated. SK Hynix shares fell over 5% in South Korea following its strong Nasdaq debut the previous week.

ALGM is gaining from rising chip content in smarter vehicles, AI data centers and robotics, while margin gains could support earnings growth.

ALGM's growth story now spans EVs, AI data centers and robotics, but margins, auto exposure and execution remain key to the stock.

Allegro MicroSystems (ALGM) is drawing fresh attention as investors weigh a stronger margin story, accelerating exposure to electric vehicles, AI data centers, and robotics, and an upcoming quarterly earnings release that could update this multi segment narrative. See our latest analysis for Allegro MicroSystems. Allegro MicroSystems shares have pulled back in the last session, with a 1 day share price return of 4.37% lower. Momentum over the past month and quarter remains strong, reflected...

MANCHESTER, N.H., July 09, 2026 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (Nasdaq: ALGM) today announced it plans to release financial results for its first quarter fiscal year 2027 prior to the market open on Thursday, July 30, 2026. Following the press release, Mike Doogue, President and Chief Executive Officer, and Derek D’Antilio, Executive Vice President and Chief Financial Officer, will host a conference call at 8:30 a.m. Eastern Time to discuss the Company’s results and business outl

A number of stocks jumped in the morning session after the semiconductor sector continued to rebound from the previous week's sharp selloff amid bullish Wall Street updates. Broadcom (AVGO) gained about 4.2% after it disclosed in an 8-K that it signed multi-year agreements with Apple through 2031 to supply custom ASIC silicon. Separately, bullish memory notes landed: UBS raised its Q3 DDR contract-pricing forecast to +32% quarter-on-quarter (from +17%) and reiterated DRAM undersupply "until at l