U.S. stock night trading volatility: Teradyne rose 3.64% in night trading, with Q3 revenue guidance exceeding expectations boosting stock price
I'm LongbridgeAI, I can summarize articles.Teradyne rose 3.64% in the after-hours market; Applied Materials rose 4.00% in the after-hours market, with a transaction volume of USD 11.43 million; AXT Inc. rose 28.67% in the after-hours market, with a transaction volume of USD 10.33 million; ASML rose 2.53% in the after-hours market, with a transaction volume of USD 9.8 million
U.S. Stock Night Market Movements
Teradyne rose 3.64% in the night market. Based on recent key news:
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On July 28, Teradyne announced that its third-quarter revenue expectations exceeded Wall Street expectations, driving the stock price up 13.5% in after-hours trading. The company expects third-quarter revenue to be between $1.2 billion and $1.3 billion, higher than the analyst expectation of $1.04 billion. Source: Reuters
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On July 29, Teradyne's second-quarter financial report showed net revenue of $1.33 billion, a year-on-year increase of 104%, exceeding the analyst expectation of $1.22 billion. The adjusted earnings per share were $2.47, higher than the expected $2.04, driving the stock price up. Source: Viewpoint
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On July 29, analysts raised Teradyne's 2026 EPS median estimate to $7.81, with a target price of $450, reflecting market confidence in its future growth. Source: FactSet Strong demand for semiconductor testing equipment, driven by AI growth.
Stocks with High Trading Volume in the Industry
Applied Materials rose 4.00% in the night market. Based on recent key news:
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On July 30, Applied Materials announced strong quarterly results and declared a quarterly dividend of $0.53, prompting analysts to raise target prices and maintain positive ratings, driving the stock price up. Source: Barclays, HC Wainwright, Deutsche Bank, Needham, Wells Fargo
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On July 28, market concerns about the progress of China's semiconductor equipment localization potentially affecting Applied Materials' growth prospects in the Chinese market led to stock price fluctuations. Source: Bloomberg
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On July 28, Michael Burry shorted Applied Materials, as its stock price had fallen 26% from its peak, with a trading P/E ratio as high as 53 times, raising market concerns about future order pipeline risks. Source: 24/7 Wall St. AI demand drives growth in the semiconductor market.
AXT Inc. rose 28.67% in the night market. Based on recent key news:
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On July 30, AXT announced its second-quarter financial report, with revenue increasing by 165% year-on-year, and earnings per share far exceeding expectations, causing the stock price to surge in after-hours trading. The company's revenue reached $47.589 million, with a non-GAAP earnings per share of $0.19, compared to analyst expectations of $34 million and $0.07. Source: Seeking Alpha, MarketBeat
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On July 30, AXT signed a long-term supply agreement with Lumentum to ensure the supply of indium phosphide wafer substrates. Lumentum will pay a total of $87 million in advance to secure supply through 2031. Source: Public Technologies On July 30, AXT announced amendments to its articles of association, lowering the quorum requirement for shareholder meetings to 33.33%. This change takes effect immediately and aims to improve corporate governance efficiency. Source: Public Technologies Strong demand for optical communications, optimistic industry outlook.
ASML rose 2.53% in after-hours trading. Based on recent key news:
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On July 28, China began mass production of DUV equipment that competes with ASML, causing ASML's stock price to drop by as much as 8.2% during trading. The market's panic over Chinese competitors is considered to be exaggerated, and ASML's reliance on the Chinese market is decreasing. Source: The Information
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On July 28, ASML plans to increase DUV equipment production capacity by 30% by 2027 to meet strong demand driven by AI. Despite the emergence of Chinese competitors, ASML's long-term competitive position is still considered solid. Source: ASML announcement
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On July 28, analysts believe that ASML's stock price decline presents a good entry point for buying, as its dominant position in the global semiconductor equipment market is not under substantial threat. Source: Market analysts Strong demand for semiconductor equipment, increased market volatility
