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Here's Why Aehr Test Systems Blasted Higher Today (Hint: It's AI Related)
Here's Why Aehr Test Systems Blasted Higher Today (Hint: It's AI Related)

Yahoo

timea day ago

  • Automotive
  • Yahoo

Here's Why Aehr Test Systems Blasted Higher Today (Hint: It's AI Related)

Key Points Major new orders lifted the stock today. Speculation will turn to who that customer might be, but in any case, Aehr is diversifying its end markets. Its core end market is likely to return to growth in time. 10 stocks we like better than Aehr Test Systems › Shares in Aehr Test Systems (NASDAQ: AEHR) had blasted higher by more than 20% at 10 a.m. today on the news of follow-on orders for its artificial intelligence (AI) processor volume production test and burn-in solutions. New orders, new optimism? The news comes less than two weeks after the company released its fourth-quarter 2025 earnings report. Back then, CEO Gayn Erickson took a cautious approach to financial guidance for 2026, saying, "While we remain confident in Aehr's long-term growth prospects, we continue to experience some timing-related delays in order placements due to tariff-related uncertainty, particularly in our first quarter." The order delays, or at least some of them, were cleared much more quickly than Erickson may have expected. Aehr's hyperscaler customer Speculation will now turn to the identify of the "world-leading hyperscaler" that made the orders for eight of Aehr's Sonoma ultra-high-power systems, not least as the orders result in "a more than doubling of the number of production systems with this customer." It's impossible to know unless Aehr or the customer itself divulges the information. Still, a quick look at Aehr's customer list in its latest investor presentation shows Alphabet's Google and Microsoft -- good places to start looking. Image source: Getty Images. Aehr's long-term growth prospects In a sense, the customer doesn't matter as much as the fact that Aehr continues to diversify away from the currently challenged silicon carbide (SiC) wafer-level burn-in (WLBI) test solutions market and into new growth markets. The demand for SiC WLBI equipment is primarily driven by electric vehicles, and the softening of investment in EVs is slowing down demand. However, Aehr's new AI-driven markets will strengthen the company's long-term growth prospects, and it's only a matter of time before EV investment picks up again, leaving Aehr well positioned for long-term growth. Should you buy stock in Aehr Test Systems right now? Before you buy stock in Aehr Test Systems, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Aehr Test Systems wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years.

Delivery sector sees over 101M orders in Q2 2025: TGA
Delivery sector sees over 101M orders in Q2 2025: TGA

Argaam

time2 days ago

  • Business
  • Argaam

Delivery sector sees over 101M orders in Q2 2025: TGA

Saudi Arabia's delivery sector has witnessed a notable growth during the second quarter of 2025, with over 101 million delivery orders recorded across the Kingdom. This reflects the increasing demand for this sector, said the Transport General Authority, in its quarterly statistical bulletin. According to the bulletin, Riyadh region accounted for 45.04% of total delivery orders, followed by Makkah (21.17%), then the Eastern Province (15.87%). Madinah also accounted for 4.65% of total delivery orders, followed by Asir (3.56%), then Qassim (2.89%), Tabuk (1.77%), Hail (1.64%), and Jazan (1.22%). Al-Jouf region dominated 0.77% of total delivery orders, followed by Najran (0.66%), then the Northern Borders (0.54%) and Al-Baha (0.21%).

Atlas Copco shares fall 7% after Q2 profit miss and order decline
Atlas Copco shares fall 7% after Q2 profit miss and order decline

Reuters

time5 days ago

  • Business
  • Reuters

Atlas Copco shares fall 7% after Q2 profit miss and order decline

July 18 (Reuters) - Swedish industrial group Atlas Copco ( opens new tab reported on Friday a second-quarter adjusted operating profit below market expectations and a decline in orders, sending its shares down 7%. Operating profit, before items affecting comparability, fell to 8.41 billion Swedish crowns ($870.30 million) for the April-June period against a year-earlier 9.79 billion crowns. Analysts were expecting 8.66 billion on average, LSEG data showed. "While the outlook for the global economy continues to be uncertain, Atlas Copco Group expects that the customer activity will remain at the current level," the maker of air treatment systems, construction gear and power tools said in a statement. Shares in the company dropped 7.6% at 1130 GMT after they were down less than 1% ahead of the report. Atlas Copco's order intake fell 8%, or 1% on an organic basis, to 40.1 billion Swedish crowns in the second quarter, mainly due to a negative currency effect, the group said in a statement. In Europe, the orders fell by 2%, while in North America, which accounted for slightly more than a quarter of the group's revenue and order intake last year, they were unchanged.

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