Microchip Technology Stock (NASDAQ: MCHP)

Dernières nouvelles pour Microchip Technology (NASDAQ:MCHP) Stock

MICROCHIP TECHNOLOGY INC

Microchip Technology

Microchip Technology became an independent company in 1989 when it was spun off from General Instrument. More than half of revenue comes from MCUs, which are used in a wide array of electronic devices from remote controls to garage door openers to power windows in autos. The company's strength lies in lower-end 8-bit MCUs that are suitable for a wider range of less technologically advanced devices, but the firm has expanded its presence in higher-end MCUs and analog chips as well.

Microchip Technology Incorporated - Common Stock

Microchip Technology Inc

Microchip Technology Incorporated - Depositary Shares Each Representing a 1/20th Interest in a Share of 7.50% Series A Mandatory Convertible Preferred Stock

WIIM

AEHR

ALAB

AMAT

ASML

AVGO

CRDO

ENTG

FORM

INDI

KLAC

LRCX

MCHP

MPWR

NVMI

NXPI

Shares of semiconductor companies are trading higher, possibly amid overall market strength after President Trump delayed 50% EU tariffs to July. Additionally, the sector may be up in anticipation of NVIDIA's upcoming Q1 report.

Financial giants have made a conspicuous bullish move on Microchip Technology. Our analysis of options history for Microchip Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCHP#NASDAQ">MCHP</a>) revealed 17 unusual trades.
Delving into the details, we found 47% of traders were bullish, while 41% showed bearish tendencies. Out of all the trades we spotted, 12 were puts, with a value of $681,084, and 5 were calls, valued at $281,540.
<h3>Predicted Price Range</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $45.0 to $85.0 for Microchip Technology over the last 3 months. 
<h3>Insights into Volume &amp; Open Interest</h3>
In today's trading context, the average open interest for options of Microchip Technology stands at 708.4, with a total volume reaching 3,595.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Microchip Technology, situated within the strike price corridor from $45.0 to $85.0, throughout the last 30 days.
<h3>Microchip Technology 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1748365229_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>MCHP</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/18/26</td>
<td>$14.4</td>
<td>$13.9</td>
<td>$13.9</td>
<td>$65.00</td>
<td>$120.9K</td>
<td>0</td>
<td align="right">87</td>
</tr>
<tr>
<td>MCHP</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/18/26</td>
<td>$4.5</td>
<td>$4.1</td>
<td>$4.1</td>
<td>$85.00</td>
<td>$82.0K</td>
<td>0</td>
<td align="right">200</td>
</tr>
<tr>
<td>MCHP</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>08/15/25</td>
<td>$3.5</td>
<td>$3.4</td>
<td>$3.5</td>
<td>$55.00</td>
<td>$70.0K</td>
<td>1.0K</td>
<td align="right">720</td>
</tr>
<tr>
<td>MCHP</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>08/15/25</td>
<td>$3.5</td>
<td>$3.4</td>
<td>$3.5</td>
<td>$55.00</td>
<td>$70.0K</td>
<td>1.0K</td>
<td align="right">520</td>
</tr>
<tr>
<td>MCHP</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>08/15/25</td>
<td>$3.6</td>
<td>$3.4</td>
<td>$3.5</td>
<td>$55.00</td>
<td>$70.0K</td>
<td>1.0K</td>
<td align="right">200</td>
</tr>
</tbody>
</table>

<h3>About Microchip Technology</h3>
Microchip Technology became an independent company in 1989 when it was spun off from General Instrument. More than half of revenue comes from MCUs, which are used in a wide array of electronic devices from remote controls to garage door openers to power windows in autos. The company's strength lies in lower-end 8-bit MCUs that are suitable for a wider range of less technologically advanced devices, but the firm has expanded its presence in higher-end MCUs and analog chips as well.
After a thorough review of the options trading surrounding Microchip Technology, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Current Position of Microchip Technology</h3>
<ul>
<li>With a trading volume of 3,819,520, the price of MCHP is up by 5.23%, reaching $59.13.</li>
<li>Current RSI values indicate that the stock is may be overbought.</li>
<li>Next earnings report is scheduled for 65 days from now.</li>
</ul>
<h3>Professional Analyst Ratings for Microchip Technology</h3>
A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $58.2.
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&#x2A; An analyst from Raymond James has revised its rating downward to Strong Buy, adjusting the price target to $65. 
&#x2A; Reflecting concerns, an analyst from Needham lowers its rating to Buy with a new price target of $66. 
&#x2A; An analyst from Citigroup persists with their Buy rating on Microchip Technology, maintaining a target price of $55. 
&#x2A; An analyst from UBS has decided to maintain their Buy rating on Microchip Technology, which currently sits at a price target of $55. 
&#x2A; An analyst from Morgan Stanley has decided to maintain their Equal-Weight rating on Microchip Technology, which currently sits at a price target of $50. 
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Microchip Technology, <a href="https://www.benzinga.com/pro/">Benzinga Pro</a> gives you real-time options trades alerts.

Options

Markets

Unpacking the Latest Options Trading Trends in Microchip Technology

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a<a href="https://www.benzinga.com/yield-investments"> high dividend payout</a>.
Benzinga readers can review the latest analyst takes on their favorite stocks by visiting <a href="https://www.benzinga.com/analyst-stock-ratings">Analyst Stock Ratings</a> page. Traders can sort through Benzinga's extensive database of analyst ratings, including <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">by analyst accuracy</a>.
Below are the ratings of the most accurate analysts for three high-yielding stocks in the information technology sector.
<h3 class="wp-block-heading">Texas Instruments Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXN#NASDAQ">TXN</a>)</h3>
<ul class="wp-block-list">
<li>Dividend Yield: 3.09%</li>
<li>Mizuho analyst Vijay Rakesh maintained a Neutral rating and slashed the price target from $190 to $170 on April 24, 2025. This analyst has an accuracy rate of 75%.</li>
<li>UBS analyst Timothy Arcuri maintained a Buy rating and lowered the price target from $225 to $215 on April 24, 2025. This analyst has an accuracy rate of 77%.</li>
<li>Recent News: On May 20, Texas Instruments priced its $1.2 billion of investment grade notes.</li>
<li>Benzinga Pro&#8217;s real-time newsfeed alerted to latest <a href="https://www.benzinga.com/pro/register?utm_adType=bzprocontent&amp;utm_campaign=14daytrial&amp;utm_ad=0527">TXN news</a>. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://www.benzinga.com/pro/register?utm_adType=bzprocontent&amp;utm_campaign=14daytrial&amp;utm_ad=0527"><img loading="lazy" decoding="async" width="905" height="793" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/26050705/image-327.png" alt="" class="wp-image-927380" style="width:620px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/26050705/image-327.png 905w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/26050705/image-327-300x263.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/26050705/image-327-768x673.png 768w" sizes="(max-width: 905px) 100vw, 905px" /></a></figure>
<h3 class="wp-block-heading">Microchip Technology Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCHP#NASDAQ">MCHP</a>)</h3>
<ul class="wp-block-list">
<li>Dividend Yield: 3.24%</li>
<li>Raymond James analyst Melissa Fairbanks reiterated a Strong Buy rating and raised the price target from $60 to $65 on May 9, 2025. This analyst has an accuracy rate of 72%.</li>
<li>Morgan Stanley analyst Joseph Moore maintained an Equal-Weight rating and increased the price target from $39 to $50 on May 9, 2025. This analyst has an accuracy rate of 72%.</li>
<li>Recent News: On May 8, Microchip Technology reported better-than-expected fourth-quarter sales results and issued first-quarter guidance above estimates.</li>
<li>Benzinga Pro's real-time newsfeed alerted to latest <a href="https://www.benzinga.com/pro/register?utm_adType=bzprocontent&amp;utm_campaign=14daytrial&amp;utm_ad=0527">MCHP news</a>.</li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://www.benzinga.com/pro/register?utm_adType=bzprocontent&amp;utm_campaign=14daytrial&amp;utm_ad=0527"><img loading="lazy" decoding="async" width="918" height="841" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/26050736/image-328.png" alt="" class="wp-image-927381" style="width:576px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/26050736/image-328.png 918w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/26050736/image-328-300x275.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/26050736/image-328-768x704.png 768w" sizes="(max-width: 918px) 100vw, 918px" /></a></figure>
<h3 class="wp-block-heading">Skyworks Solutions, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SWKS#NASDAQ">SWKS</a>)</h3>
<ul class="wp-block-list">
<li>Dividend Yield: 4.04%</li>
<li>Stifel analyst Ruben Roy maintained a Hold rating and raised the price target from $62 to $72 on May 8, 2025. This analyst has an accuracy rate of 81%.</li>
<li>Needham analyst Quinn Bolton reiterated a Hold rating on May 8, 2025. This analyst has an accuracy rate of 81%.</li>
<li>Recent News: On May 7, the company said second-quarter revenue of $953.2 million beat the consensus of $951.47 million. Adjusted EPS of $1.24 exceeded the estimates of $1.20.</li>
<li>Benzinga Pro&#8217;s real-time newsfeed alerted to latest SWKS <a href="https://www.benzinga.com/pro/register?utm_adType=bzprocontent&amp;utm_campaign=14daytrial&amp;utm_ad=0527">news </a></li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://www.benzinga.com/pro/register?utm_adType=bzprocontent&amp;utm_campaign=14daytrial&amp;utm_ad=0527"><img loading="lazy" decoding="async" width="937" height="845" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/26050809/image-329.png" alt="" class="wp-image-927382" style="width:609px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/26050809/image-329.png 937w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/26050809/image-329-300x271.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/26050809/image-329-768x693.png 768w" sizes="(max-width: 937px) 100vw, 937px" /></a></figure>
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Photo via Shutterstock

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Analyst Ratings

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SWKS

Wall Street's Most Accurate Analysts Spotlight On 3 Tech Stocks With Over 3% Dividend Yields

The Invesco QQQ Trust (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) has been on a tear, rallying 20.53% over the past month and pushing into its <a href="https://www.benzinga.com/topic/technical-analysis">most overbought zone</a> since last July. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Nasdaq <a href="https://twitter.com/search?q=%24QQQ&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$QQQ</a> reaches most overbought level since July &#x1f6a8; <a href="https://t.co/SEvsP5Uc7K">pic.twitter.com/SEvsP5Uc7K</a>
&mdash; Barchart (@Barchart) <a href="https://twitter.com/Barchart/status/1924524779509334288?ref_src=twsrc%5Etfw">May 19, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Powering this surge are tech juggernauts like Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), which soared nearly 40%, and Netflix Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>), up over 20% in the same period. 
With investor enthusiasm running hot, QQQ now trades at $520.20, reflecting both momentum and mania.
<h2 class="wp-block-heading">All Signals Point To Bullish</h2>
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/register?utm_adType=bzprocontent&amp;utm_campaign=14daytrial&amp;utm_ad=0520"><img loading="lazy" decoding="async" width="631" height="486" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/20120911/Screenshot-2025-05-20-at-6.42.21-PM.png" alt="" class="wp-image-921603" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/20120911/Screenshot-2025-05-20-at-6.42.21-PM.png 631w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/20120911/Screenshot-2025-05-20-at-6.42.21-PM-300x231.png 300w" sizes="(max-width: 631px) 100vw, 631px" /></a></figure>
<a href="https://www.benzinga.com/pro/register?utm_adType=bzprocontent&amp;utm_campaign=14daytrial&amp;utm_ad=0520">Chart created using Benzinga Pro</a>
Technically, the trend remains strongly bullish. QQQ trades above its five, 20, and 50-day exponential moving averages, while its eight-day simple moving average (SMA) of $514.13, 20-day SMA of $492.02, and 50-day SMA of $474.66 all flash bullish signals. 
Even the longer-term 200-day SMA sits well below at $493.11, underscoring the ETF&#8217;s sharp upward break. The Moving Average Convergence Divergence (MACD) reading of 14.66 and a Relative Strength Index (RSI) of 70.17 confirm that QQQ is in overbought territory.
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<h2 class="wp-block-heading">XLK Joins The Tech Euphoria</h2>
The Technology Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLK#NYSE">XLK</a>) isn't sitting quietly either &#8211; it's gained 24.84% in the last month. Microchip Technology Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCHP#NASDAQ">MCHP</a>) has exploded +54.07%, while Seagate Technology Holdings PLC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STX#NASDAQ">STX</a>), Micron Technology Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>) and Palantir Technologies Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>) have each gained over +39%, as chipmakers and AI stocks dominate the leaderboard.
<h2 class="wp-block-heading">Caution: Euphoria Zone Ahead</h2>
While bulls are firmly in control, QQQ's RSI suggests we may be entering euphoria territory, where rallies can exhaust themselves. 
With many of the big names already logging massive gains, investors now face the classic question: Is this the breakout before a breather, or the setup for a sharper reversal?
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Shares of semiconductor and chip stocks are trading higher as investors assess US-China trade progress and Saudi Arabia deals.

Wall Street staged a robust rally Monday following the U.S.-China trade truce that slashed reciprocal tariffs by <a href="https://www.benzinga.com/topic/tariffs">over 100 percentage points</a>.
By midday, risk-on sentiment was running at full throttle, propelling the Nasdaq 100 up 3.5% and lifting the S&amp;P 500 by 2.7% to 5,815.43—its highest level since March. The Dow Jones surged 958 points, or 2.3%, while the small-cap Russell 2000 added 3%.
Under the 90-day reprieve, the U.S. will cut tariffs on Chinese goods from 145% to 30%. China, in turn, will lower its tariffs on U.S. goods from 125% to 10%, effective May 14. The two countries also agreed to launch a formal mechanism for ongoing economic consultations, easing fears of a permanent decoupling.
U.S. Treasury Secretary Scott Bessent said the agreement followed "very robust discussions" in Geneva
The Magnificent Seven tech giants — Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) and Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) — added a combined $703 billion in market value Monday, their largest single-session gain since April 9.
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<thead>
<tr>
<th>Company</th>
<th>Market Cap Gain ($ Billion)</th>
</tr>
</thead>
<tbody>
<tr>
<td>Apple Inc.</td>
<td>154.58</td>
</tr>
<tr>
<td>Amazon.com Inc.</td>
<td>150.44</td>
</tr>
<tr>
<td>Nvidia Corp.</td>
<td>146.29</td>
</tr>
<tr>
<td>Meta Platforms Inc.</td>
<td>101.89</td>
</tr>
<tr>
<td>Tesla Inc.</td>
<td>65.61</td>
</tr>
<tr>
<td>Alphabet Inc.</td>
<td>49.01</td>
</tr>
<tr>
<td>Microsoft Corp.</td>
<td>36.19</td>
</tr>
</tbody>
</table>
</figure>
Sector-wise, chipmakers led the rally, with the iShares Semiconductor ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOXX#NASDAQ">SOXX</a>) jumping 7.2%. Marvell Technology Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>) and Micron Technology Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>) gained 9% each. Investors expect the trade truce to ease chip disruptions and stabilize overseas demand.
While equities soared, gold suffered its worst day since Trump's election victory in November 2024. Gold prices dropped 3%, falling below $3,230 per ounce, as investors rotated out of safe havens and into risk assets.
The U.S. dollar index surged 1.3% to 101.8. The short-end of the curve also jumped, driven by fading expectations for near-term Fed rate cuts, with 2-year yields up 10 basis points to 4.0%. Yields on 30-year Treasury bonds climbed to 4.87%,
Oil prices rose 2% to $62.30 per barrel, reaching their highest level since late April amid hopes of a demand boost from improved global trade conditions.
<h2 class="wp-block-heading">Monday&#8217;s Performance In Major US Indices, ETFs</h2>
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<thead>
<tr>
<th>Index</th>
<th>Price</th>
<th>1-day %chg</th>
</tr>
</thead>
<tbody>
<tr>
<td>Nasdaq 100</td>
<td>20,789.49</td>
<td>+3.6%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2,087.61</td>
<td>+3.2%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>5,823.41</td>
<td>+2.9%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>42,254.91</td>
<td>+2.4%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated by 12:48 p.m. ET</figcaption></figure>
According to&nbsp;<a href="https://www.benzinga.com/pro/?utm_source=BZprocontent&amp;t=be2bearmibe3na1">Benzinga Pro</a>&nbsp;data:
<ul class="wp-block-list">
<li>The&nbsp;SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) 2.9% higher to $580.72.</li>
<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>) rose 2.5% to $422.72.</li>
<li>The tech-heavy&nbsp;Invesco QQQ Trust Series&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) rose 3.7% to $505.86.</li>
<li>The&nbsp;iShares Russell 2000 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) rallied 3.4% to $207.64.</li>
<li>The&nbsp;Consumer Discretionary&nbsp;Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLY#NYSE">XLY</a>) outperformed, up 4.6%; the&nbsp;Health Care&nbsp;Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLV#NYSE">XLV</a>) lagged, down 1.2%.</li>
</ul>
<h3 class="wp-block-heading">Monday&#8217;s Stock Movers</h3>
Stocks reacting on earnings report included: 
<ul class="wp-block-list">
<li>NRG Energy Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NRG#NYSE">NRG</a>), up 24%, </li>
<li>Fox Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FOX#NYSE">FOX</a>) up 4.4%, </li>
</ul>
The S&amp;P 500 biggest gainers were:
<ul class="wp-block-list">
<li>NRG Energy Inc. +24.89%</li>
<li>Stanley Black &amp; Decker Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SWK#NYSE">SWK</a>): +15.56%</li>
<li>Monolithic Power Systems Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MPWR#NASDAQ">MPWR</a>): +12.61%</li>
<li>Microchip Technology Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCHP#NASDAQ">MCHP</a>): +11.58%</li>
<li>Zebra Technologies Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZBRA#NASDAQ">ZBRA</a>): +11.44%</li>
</ul>
Now Read:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/economics/macro-economic-events/25/05/45353863/new-inflation-data-hits-tuesday-why-it-could-kill-fed-rate-cut-hopes">New Inflation Data Hits Tuesday: Why It Could Kill Fed Rate Cut Hopes</a></li>
</ul>
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Macro Economic Events

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Select Sector SPDR-Consumer Discretionary

ZBRA

Magnificent Seven Gain $700B After US-China Slash Tariffs, Gold Crashes: What's Driving Markets Monday?

Shares of chip stocks are higher after the US and China agreed to a temporary reduction in most tariffs on each other's goods. A reduction in tariffs could alleviate some supply chain concerns and improve macro sentiment as well as demand visibility.

The United States and China agreed to slash their retaliatory tariffs by over 100 percentage points, pausing a spiraling trade war that had threatened<a href="https://www.benzinga.com/news/econ-s"> to choke global growth.</a>
<h3 class="wp-block-heading">What's In The Deal?</h3>
The agreement establishes a 90-day reset, slashing U.S. tariffs on Chinese goods from 145% to 30%, and Chinese tariffs on U.S. goods from 125% to 10%, starting May 14. 
The decision stems from high-level negotiations in Geneva, led by U.S. Treasury Secretary Scott Bessent and China's Vice Premier He Lifeng.
The truce halts one of the steepest protectionist escalations in recent history, following President Donald Trump's aggressive "Liberation Day" trade tariffs launched on April 2.
"We reached an agreement on a 90-day pause and substantially moved down the tariff levels," Bessent said in a press conference. 
"Both countries represented their national interests very well, but we concluded we have shared interest in balanced trade."
<h3 class="wp-block-heading">Tariff Truce Cools Recession And Inflation Risks</h3>
The tariff rollback offers more than diplomatic relief — it also addresses growing fears of a U.S. economic slowdown and resurgent inflation. By averting the triple-digit import taxes that threatened to choke global trade, the deal removes a significant source of economic uncertainty that had weighed on business investment and consumer confidence.
Recession probabilities have sharply declined in response. 
The latest market-based forecast from Kalshi shows a 46% chance of a U.S. recession this year, down from 60% at the end of April, reflecting improving sentiment. Notably, consumer spending and corporate earnings had begun showing early signs of strain under the tariff shock imposed in April.
On the inflation front, the agreement is expected to ease price pressures on goods most impacted by the trade war — including electronics, automotive parts and industrial equipment.
Ahead of Tuesday's official April Consumer Price Index report, economists expect a return to monthly inflation growth: headline prices are forecast to rise 0.3%, reversing March's 0.1% dip. Core inflation is also expected to rise 0.3%, while annual inflation rates are seen holding steady at 2.4% for headline and 2.8% for core.
<h3 class="wp-block-heading">Why Markets Cheered</h3>
U.S. equity futures soared as the news hit, with futures on the S&amp;P 500 climbing 3.13% to 5,836.66, those on the Nasdaq 100 jumping 4.05%, and Dow futures up 2.62%. 
The U.S. dollar index – as tracked by the Invesco DB USD Index Bullish Fund ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UUP#NYSE">UUP</a>) – surged 1.4%, with the greenback rallying 2% against the Japanese yen. 
Meanwhile, 2-year Treasury yields rose 10 basis points to 4%, as traders dialed back expectations for a near-term Federal Reserve rate cut. The odds of a June cut fell to 11%, down from 25% a week ago, per CME FedWatch.
Gold – as tracked by the SPDR Gold Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLD#NYSE">GLD</a>) – dropped 2.9%, with investors rotating out of safe havens, and oil climbed 3.9% to $63.40 amid improving global demand prospects.
<h3 class="wp-block-heading">Who Wins On Wall Street?</h3>
U.S. equities rallied sharply as investors welcomed the truce between Washington and Beijing. 
Trade-sensitive and consumer-facing stocks led the premarket advance, reflecting relief over lower input costs and reduced supply chain disruption. Technology and industrials also posted notable gains.
Top Gainers – S&amp;P 500
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<thead>
<tr>
<th>Company</th>
<th>% Change</th>
</tr>
</thead>
<tbody>
<tr>
<td>Stanley Black &amp; Decker Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SWK#NYSE">SWK</a>)</td>
<td>+12.07%</td>
</tr>
<tr>
<td>Best Buy Co. Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBY#NYSE">BBY</a>)</td>
<td>+10.42%</td>
</tr>
<tr>
<td>Microchip Technology Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCHP#NASDAQ">MCHP</a>)</td>
<td>+9.29%</td>
</tr>
<tr>
<td>GE HealthCare Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GEHC#NASDAQ">GEHC</a>)</td>
<td>+8.94%</td>
</tr>
<tr>
<td>NRG Energy Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NRG#NYSE">NRG</a>)</td>
<td>+8.08%</td>
</tr>
</tbody>
</table>
</figure>
Top Premarket Gainers – Nasdaq 100
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<thead>
<tr>
<th>Company</th>
<th>% Change</th>
</tr>
</thead>
<tbody>
<tr>
<td>Microchip Technology Inc.</td>
<td>+9.29%</td>
</tr>
<tr>
<td>GE HealthCare Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GEHC#NASDAQ">GEHC</a>)</td>
<td>+8.94%</td>
</tr>
<tr>
<td>Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>)</td>
<td>+8.44%</td>
</tr>
<tr>
<td>Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)</td>
<td>+8.07%</td>
</tr>
<tr>
<td>ON Semiconductor Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ON#NASDAQ">ON</a>)</td>
<td>+8.02%</td>
</tr>
</tbody>
</table>
</figure>
Top Premarket Losers – S&amp;P 500
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<thead>
<tr>
<th>Company</th>
<th>% Change</th>
</tr>
</thead>
<tbody>
<tr>
<td>Newmont Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEM#NYSE">NEM</a>)</td>
<td>-5.24%</td>
</tr>
<tr>
<td>Gilead Sciences Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GILD#NASDAQ">GILD</a>)</td>
<td>-3.60%</td>
</tr>
<tr>
<td>AbbVie Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABBV#NYSE">ABBV</a>)</td>
<td>-3.58%</td>
</tr>
<tr>
<td>Eli Lilly and Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LLY#NYSE">LLY</a>)</td>
<td>-3.38%</td>
</tr>
<tr>
<td>Westinghouse Air Brake Technologies Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WAB#NYSE">WAB</a>)</td>
<td>-3.17%</td>
</tr>
</tbody>
</table>
</figure>
Read Next: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/equities/25/05/45341884/apple-amazon-nvidia-rise-in-monday-premarket-as-us-china-agree-to-90-day-tariff-truce-neither-side-wants-a-decoupling">Apple, Amazon, Nvidia Rise In Monday Premarket As US, China Agree To 90-Day Tariff Truce: &#8216;Neither Side Wants A Decoupling&#8217;</a><span class="author" style="box-sizing: border-box; border: 0px solid rgb(229, 231, 235); --tw-scale-x: 1; --tw-scale-y: 1; --tw-pan-x: ; --tw-pan-y: ; --tw-pinch-zoom: ; --tw-scroll-snap-strictness: proximity; --tw-gradient-from-position: ; --tw-gradient-via-position: ; --tw-gradient-to-position: ; --tw-ordinal: ; --tw-slashed-zero: ; --tw-numeric-figure: ; --tw-numeric-spacing: ; --tw-numeric-fraction: ; --tw-ring-inset: ; --tw-ring-offset-width: 0px; --tw-ring-offset-color: #fff; --tw-ring-color: rgba(59,130,246,.5); --tw-ring-offset-shadow: 0 0 #0000; --tw-ring-shadow: 0 0 #0000; --tw-shadow: 0 0 #0000; --tw-shadow-colored: 0 0 #0000; --tw-blur: ; --tw-brightness: ; --tw-contrast: ; --tw-grayscale: ; --tw-hue-rotate: ; --tw-invert: ; --tw-saturate: ; --tw-sepia: ; --tw-drop-shadow: ; --tw-backdrop-blur: ; --tw-backdrop-brightness: ; --tw-backdrop-contrast: ; --tw-backdrop-grayscale: ; --tw-backdrop-hue-rotate: ; --tw-backdrop-invert: ; --tw-backdrop-opacity: ; --tw-backdrop-saturate: ; --tw-backdrop-sepia: ; --tw-contain-size: ; --tw-contain-layout: ; --tw-contain-paint: ; --tw-contain-style: ;"></li>
</ul>
Photo: emin kuliyev/Shutterstock

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ABBV

GEHC

GILD

PowerShares DB US Dollar Index Bullish Fund

Wall Street Rips Higher As Tariff Truce Halts US–China Economic Escalation

As of May 12, 2025, two stocks in the information technology sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
The RSI is a momentum indicator, which compares a stock&#8217;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#8217;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the <a href="https://www.benzinga.com/topic/rsi">RSI is above 70</a>, according to <a href="https://pro.benzinga.com/">Benzinga Pro</a>. 
Here's the latest list of major overbought players in this sector.
<h3 class="wp-block-heading">Astera Labs Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALAB#NASDAQ">ALAB</a>)</h3>
<ul class="wp-block-list">
<li>On May 6, Astera Labs posted better-than-expected quarterly results. &#8220;Astera Labs started the year strong, with Q1 revenue growing 13% sequentially and 144% year-over-year, and exceeding our first quarter guidance for gross margin and earnings per share,&#8221; said Jitendra Mohan, Astera Labs&#8217; Chief Executive Officer. The company's stock jumped around 20% over the past month and has a 52-week high of $147.39.</li>
<li>RSI Value: 70.6&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</li>
<li>ALAB Price Action: Shares of Astera Labs closed at $71.20 on Friday.</li>
<li>Edge Stock Ratings: 34.53 Momentum score with Value at 7.74. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://www.benzinga.com/quote/ALAB"><img loading="lazy" decoding="async" width="486" height="157" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/12083959/image-120.png" alt="" class="wp-image-911845" style="width:375px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/12083959/image-120.png 486w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/12083959/image-120-300x97.png 300w" sizes="(max-width: 486px) 100vw, 486px" /></a></figure>
<h3 class="wp-block-heading">Microchip Technology Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCHP#NASDAQ">MCHP</a>)</h3>
<ul class="wp-block-list">
<li>On May 8, Microchip Technology reported better-than-expected fourth-quarter sales results and issued first-quarter EPS and revenue guidance above estimates. Steve Sanghi, Microchip&#8217;s CEO and President commented, Our March quarter revenue of $970.5 million exceeded the midpoint of our guidance, and we believe marks the bottom of this prolonged industry down cycle for Microchip.&#8221; The company's stock gained around 42% over the past month and <a href="https://www.benzinga.com/quote/MCHP">has a 52-week high</a> of $100.56.</li>
<li>RSI Value: 80.2</li>
<li>MCHP Price Action: Shares of Microchip Technology closed at $55.33 on Friday.</li>
</ul>
Curious about other BZ Edge Rankings? Click here to discover <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">how similar stocks measure up</a>. 
Read This Next: 
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<li><a href="https://www.benzinga.com/analyst-ratings/price-target/25/05/45342900/5-stock-picks-last-week-from-wall-streets-most-accurate-analysts-5">5 Stock Picks Last Week From Wall Street&#8217;s Most Accurate Analysts</a> </li>
</ul>
Photo via Shutterstock

Short Ideas

Top 2 Tech Stocks That May Crash In Q2

These large-cap stocks were the best performers in the last week. Are they in your portfolio?
<ol class="wp-block-list">
<li>The Trade Desk, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTD#NASDAQ">TTD</a>) stock jumped 31.34% after the company reported better-than-expected first-quarter financial results, and <a href="https://www.benzinga.com//node/45321575" target="_blank" rel="noreferrer noopener">analysts revised the price forecast</a>.</li>
<li>Hims &amp; Hers Health, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HIMS#NYSE">HIMS</a>) shares escalated 27.29% following strong <a href="https://www.benzinga.com//node/45321220" target="_blank" rel="noreferrer noopener">first-quarter earnings results</a>.</li>
<li>Insulet Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PODD#NASDAQ">PODD</a>) stock rose 20.88% after the company reported better-than-expected financial results and raised its FY25 sales guidance above estimates. Also, the company issued<a href="https://www.benzinga.com//node/45321429" target="_blank" rel="noreferrer noopener"> Q2 sales guidance above estimates</a>.</li>
<li>Ubiquiti Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UI#NYSE">UI</a>) shares increased 20.64% after the company reported better-<a href="https://www.benzinga.com//node/45313954" target="_blank" rel="noreferrer noopener">than-expected financial results</a>.</li>
<li>FTAI Aviation Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTAI#NASDAQ">FTAI</a>) shares increased 19.10%. Stifel analyst Frank Galanti upgraded the company from Hold to Buy and maintained the <a href="https://www.benzinga.com/quote/ftai/analyst-ratings" target="_blank" rel="noreferrer noopener">price forecast at $123</a>.</li>
<li>UL Solutions Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ULS#NYSE">ULS</a>) stock was up 17.24% after Wells Fargo maintained an Overweight rating on the stock and raised its <a href="https://www.benzinga.com/quote/uls/analyst-ratings" target="_blank" rel="noreferrer noopener">price forecast from $65 to $77</a>.</li>
<li>Rockwell Automation, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ROK#NYSE">ROK</a>) stock grew 16.22% after the company reported better-than-expected <a href="https://www.benzinga.com//node/45251607" target="_blank" rel="noreferrer noopener">second-quarter results</a>. Analysts boosted <a href="https://www.benzinga.com/quote/rok/analyst-ratings" target="_blank" rel="noreferrer noopener">the company&#8217;s price forecast</a>.</li>
<li>Microchip Technology Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCHP#NASDAQ">MCHP</a>) shares rose 15.49% after the company <a href="https://www.benzinga.com//node/45316027" target="_blank" rel="noreferrer noopener">reported fourth-quarter results</a>. <a href="https://www.benzinga.com/quote/mchp/analyst-ratings" target="_blank" rel="noreferrer noopener">Analysts revised the price forecast</a>.</li>
<li>Walt Disney Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>) stock jumped 14.54% after better-than-expected second-quarter financial results and the announcement of a new international <a href="https://www.benzinga.com//node/45263841" target="_blank" rel="noreferrer noopener">theme park project in Abu Dhabi</a>. Analysts raised <a href="https://www.benzinga.com//node/45293256" target="_blank" rel="noreferrer noopener">the stock&#8217;s price forecast</a>.</li>
<li>Aramark (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARMK#NYSE">ARMK</a>) stock escalated 14.06% <a href="https://www.benzinga.com//node/45224441" target="_blank" rel="noreferrer noopener">after the second-quarter FY25 earnings</a>.</li>
<li>Toast, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TOST#NYSE">TOST</a>) shares increased 13.41% after the company reported first-quarter results and <a href="https://www.benzinga.com//node/45324198" target="_blank" rel="noreferrer noopener">analysts revised the price forecast</a>.</li>
</ol>
Photo via Shutterstock

Movers

ARMK

FTAI

Hims & Hers Health, Inc. Class A Common Stock

HIMS

PODD

TOST

The Trade Desk, Walt Disney, And Hims & Hers Health Are Among Top 11 Large-Cap Gainers Last Week (May 5-May 9): Are The Others In Your Portfolio?

UBS analyst Pradeep Ramani maintains Microchip Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCHP#NASDAQ">MCHP</a>) with a Buy and raises the price target from $55 to $60.

UBS Maintains Buy on Microchip Technology, Raises Price Target to $60

Wall Street traded slightly lower by midday Friday, as investors adopted a wait-and-see stance ahead of a potential trade breakthrough, with high-stakes negotiations between U.S. officials—led by Treasury Secretary Scott Bessent—and Chinese authorities set to <a href="https://www.benzinga.com/topic/tariffs">unfold over the weekend.</a>
President Donald Trump signaled that tariffs on Chinese goods could be slashed from the current 145% to 80%, though that figure remains significantly higher than pre-Liberation Day levels, prompting continued caution among market participants.
Equities gave back a portion of Thursday's gains as sentiment turned more defensive, while gold rebounded 1% to $3,330 per ounce, partially offsetting losses from the previous session.
Oil prices extended their rally, climbing further above $60 a barrel amid an improved global demand outlook, putting crude on track for its strongest weekly performance since late 2024. Natural gas followed suit, with Henry Hub futures rising 4.4%.
In fixed income, Treasury yields held steady, with the 10-year yield hovering around 4.37%.
Meanwhile, Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) took a breather after Thursday's 6.4% surge, trading just above $102,500.
<h3 class="wp-block-heading">Friday&#8217;s Performance In Major US Indices, ETFs</h3>
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>Chg %</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>5,650.98</td>
<td>-0.2%</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>20,003.04</td>
<td>-0.3%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2,017.97</td>
<td>-0.4%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>41,179.33</td>
<td>-0.5%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated by 1:10 p.m. ET</figcaption></figure>
According to&nbsp;<a href="https://www.benzinga.com/pro/?utm_source=BZprocontent&amp;t=be2bearmibe3na1">Benzinga Pro</a>&nbsp;data:
<ul class="wp-block-list">
<li>The&nbsp;SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) inched 0.2% lower to $563.80.</li>
<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>) eased 0.4% to $412.10.</li>
<li>The tech-heavy&nbsp;Invesco QQQ Trust Series&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>)&nbsp;eased 0.2% to $487.38.</li>
<li>The&nbsp;iShares Russell 2000 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) inched 0.3% lower to $200.54.</li>
<li>The&nbsp;Energy&nbsp;Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLE#NYSE">XLE</a>) outperformed, up 0.9%; the&nbsp;Consumer Staples&nbsp;Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLP#NYSE">XLP</a>) lagged, down 0.5%.</li>
</ul>
<h3 class="wp-block-heading">Friday&#8217;s Stock Movers</h3>
Stocks reacting to earnings reports included: 
<ul class="wp-block-list">
<li>McKesson Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCK#NYSE">MCK</a>) up 0.48%</li>
<li>Monster Beverage Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MNST#NASDAQ">MNST</a>) up 2.02%</li>
<li>Coinbase Global, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>) down 2.28%</li>
<li>TKO Group Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TKO#NYSE">TKO</a>) down 4.10%</li>
<li>Microchip Technology Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCHP#NASDAQ">MCHP</a>) up 10.44%</li>
<li>LPL Financial Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LPLA#NASDAQ">LPLA</a>) up 5.83%</li>
<li>Ubiquiti Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UI#NYSE">UI</a>) up 14.64%</li>
<li>Rocket Companies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RKT#NYSE">RKT</a>) down 2.32%</li>
<li>Insulet Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PODD#NASDAQ">PODD</a>) up 20.81%</li>
<li>Expedia Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EXPE#NASDAQ">EXPE</a>) down 7.75%</li>
<li>Alliant Energy Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LNT#NASDAQ">LNT</a>) up 1.29%</li>
<li>Akamai Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AKAM#NASDAQ">AKAM</a>) down 7.90%</li>
<li>EchoStar Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SATS#NASDAQ">SATS</a>) up 2.77%</li>
<li>Starwood Property Trust, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STWD#NYSE">STWD</a>) up 0.29%</li>
<li>Essent Group Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ESNT#NYSE">ESNT</a>) down 1.45%</li>
</ul>
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Stocks Slip As Gold Rebounds To $3,330, Bitcoin Holds $102,000: What's Driving Markets Friday?

Raymond James analyst Melissa Fairbanks reiterates Microchip Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCHP#NASDAQ">MCHP</a>) with a Strong Buy and raises the price target from $60 to $65.

Reiteration

Raymond James Reiterates Strong Buy on Microchip Technology, Raises Price Target to $65

Morgan Stanley analyst Joseph Moore maintains Microchip Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCHP#NASDAQ">MCHP</a>) with a Equal-Weight and raises the price target from $39 to $50.

Morgan Stanley Maintains Equal-Weight on Microchip Technology, Raises Price Target to $50

Citigroup analyst Christopher Danely maintains Microchip Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCHP#NASDAQ">MCHP</a>) with a Buy and raises the price target from $50 to $55.

Citigroup Maintains Buy on Microchip Technology, Raises Price Target to $55

U.S. stocks were higher, with the Nasdaq Composite gaining around 100 points on Friday.
Shares of Insulet Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PODD#NASDAQ">PODD</a>) rose sharply during Friday's session after the company reported better-than-expected first-quarter financial results and raised its FY25 sales guidance <a href="https://www.benzinga.com/quote/PODD/earnings">above estimates</a>.
Insulet reported quarterly earnings of $1.02 per share which beat the analyst consensus estimate of 80 cents per share. The company reported quarterly sales of $569.00 million which beat the analyst consensus estimate of $543.40 million.
Insulet shares jumped 16.7% to $300.10 on Friday.
Here are some other big stocks recording gains in today&#8217;s session.
<ul class="wp-block-list">
<li>Gogo Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOGO#NASDAQ">GOGO</a>) jumped 42.2% to $10.77 after the company reported better-than-expected first-quarter financial results and issued FY25 sales guidance above estimates.</li>
<li>Definitive Healthcare Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DH#NASDAQ">DH</a>) gained 42.2% to $4.00 after the company posted quarterly earnings and raised its FY25 outlook.</li>
<li>Ouster, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OUST#NASDAQ">OUST</a>) rose 26.7% to $10.96 after the company reported better-than-expected quarterly EPS results.</li>
<li>nLIGHT, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LASR#NASDAQ">LASR</a>) surged 25.8% to $10.85 after the company reported better-than-expected first-quarter financial results and issued second-quarter sales guidance above estimates.</li>
<li>Natural Grocers by Vitamin Cottage, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NGVC#NASDAQ">NGVC</a>) gained 24.8% to $57.25. Natural Grocers partnered with Contented Hen to offer premium eggs at introductory prices.</li>
<li>The Trade Desk, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTD#NASDAQ">TTD</a>) gained 24.7% to $74.72 after the company reported better-than-expected first-quarter financial results.</li>
<li>TransMedics Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TMDX#NASDAQ">TMDX</a>) rose 21.9% to $113.61 after the company reported better-than-expected first-quarter financial results and raised its FY25 sales guidance above estimates.</li>
<li>Regencell Bioscience Holdings Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RGC#NASDAQ">RGC</a>) gained 20% to $254.95.</li>
<li>Rumble Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RUM#NASDAQ">RUM</a>) gained 18.3% to $9.21 following upbeat quarterly earnings.</li>
<li>Toast, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TOST#NYSE">TOST</a>) gained 16% to $42.51. Toast reported quarterly earnings of nine cents per share, which missed the Street estimate of 12 cents. Quarterly revenue came in at $1.34 billion, in line with the consensus estimate.</li>
<li>Microchip Technology Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCHP#NASDAQ">MCHP</a>) gained 13.7% to $55.83 after the company reported better-than-expected fourth-quarter sales results and issued first-quarter guidance above estimates.</li>
<li>Sensata Technologies Holding plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ST#NYSE">ST</a>) shares jumped 13.5% to $25.50 as the company reported better-than-expected first-quarter financial results and issued strong guidance for the second quarter.</li>
<li>AvePoint, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVPT#NASDAQ">AVPT</a>) gained 11.8% to $19.47 after the company reported better-than-expected first-quarter financial results and raised its FY25 sales guidance above estimates.</li>
<li>Pinterest, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PINS#NYSE">PINS</a>) gained 11.2% to $30.99 after the company reported better-than-expected first-quarter sales results and issued second-quarter sales guidance with its midpoint above estimates.</li>
<li>Ubiquiti Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UI#NYSE">UI</a>) climbed 10.8% to $391.51 after the company reported better-than-expected third-quarter financial results.</li>
<li>Yelp Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YELP#NYSE">YELP</a>) rose 10.7% to $39.62 following upbeat quarterly earnings.</li>
<li>Pony AI Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PONY#NASDAQ">PONY</a>) gained 10.1% to $18.68.</li>
<li>MINISO Group Holding Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MNSO#NYSE">MNSO</a>) climbed 9.4% to $20.27.</li>
<li>Cloudflare, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NET#NYSE">NET</a>) rose 8.7% to $135.16 after the company reported better-than-expected sales results.</li>
<li>Tesla, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) gained 7.1% to $305.13. As the electric vehicle manufacturer is finalizing plans to launch operations in the third-largest car market in the world, Prashanth Menon, the Country Head for India for Tesla, has reportedly resigned after nine years with the CEO Elon Musk-led company.</li>
</ul>
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Insulet Posts Upbeat Earnings, Joins Trade Desk, TransMedics Group, Tesla And Other Big Stocks Moving Higher On Friday

Microchip Technology Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCHP#NASDAQ">MCHP</a>) shares are trading higher premarket on Friday after the company reported fourth-quarter&nbsp;results <a target="_blank" href="https://www.benzinga.com/pressreleases/25/05/g45300085/microchip-technology-announces-financial-results-for-fourth-quarter-and-fiscal-year-2025" rel="noreferrer noopener">after Thursday&#8217;s closing bell</a>.
Revenue fell 26.8% year over year (Y/Y)&nbsp;to $970.5 million, beating the analyst consensus estimate of&nbsp;$962.8 million.
In the quarter, the company achieved a book-to-bill ratio greater than one for the first time in almost three years.
Furthermore, the company stated that bookings in April surpassed the levels of any single month within that March quarter.
Adjusted EPS of&nbsp;11 cents was in line with the <a target="_blank" href="https://www.benzinga.com/earnings" rel="noreferrer noopener">analyst consensus estimate</a>.
Also Read: <a target="_blank" href="https://www.benzinga.com//node/45235394" rel="noreferrer noopener">Nvidia, Broadcom Lead Fund Manager Buys Even As Semiconductor Sector Cools: Analysts</a>
Dividend: The company declared a quarterly cash dividend of 45.5 cents per share, payable on June&nbsp;5, 2025, to stockholders <a target="_blank" href="https://www.benzinga.com/pressreleases/25/05/g45300086/microchip-technology-announces-quarterly-cash-dividend-on-common-stock-of-45-5-cents-per-share" rel="noreferrer noopener">of record as of May&nbsp;22, 2025</a>.&nbsp;
The company returned $1.066 billion to shareholders in the year through dividends and share repurchases.
Steve Sanghi, Microchip&#8217;s CEO and president said, &#8220;The decisive actions we have taken under our nine-point-plan are enhancing our operational capabilities through more efficient manufacturing, improving inventory management, and a renewed strategic focus.&#8221;
&#8220;A key highlight this quarter has been our inventory reduction strategy, with overall inventory dollars down $62.8 million, distribution inventory days reduced by 4 days to 33 days, and inventory days on our balance sheet decreased by 15 days from levels at December 31, 2024. We expect even more substantial inventory reduction in the June quarter as our manufacturing optimization actions are near completion.&#8221;
Eric Bjornholt, Microchip&#8217;s Chief Financial Officer, added, &#8220;During the quarter, we executed multiple financial actions that strengthened our balance sheet. These included reducing our total net debt by roughly $1.30 billion with a mandatory convertible preferred offering. We also amended and extended our revolving line of credit with more favorable terms and financial flexibility.&#8221;
Outlook:&nbsp;Microchip sees&nbsp;first-quarter adjusted EPS of&nbsp;18 to 26&nbsp;cents vs.&nbsp;consensus of 16&nbsp;cents and sales of&nbsp;$1.020 billion to $1.070 billion&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">vs.&nbsp;street view of $987.62 million</a>.
Investors can gain exposure to the stock via Tidal Trust II YieldMax Semiconductor Portfolio Option Income ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHPY#NYSE">CHPY</a>) and First Trust S&amp;P 500 Diversified Dividend Aristocrats ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KNGZ#NASDAQ">KNGZ</a>).
Price Action: MCHP shares are up 8.00% to $53.07 premarket at the last check on Friday.
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Image via Shutterstock

Guidance

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Microchip Technology Stock Gains On Uplifting Forecast

<h3>Gainers</h3>
<ul>
<li>nLight (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LASR#NASDAQ">LASR</a>) stock increased by 29.8% to $11.18 during Friday's pre-market session. The market value of their outstanding shares is at $552.7 million. As per the news, the Q1 earnings report came out yesterday. </li>
<li>Inuvo (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/INUV#AMEX">INUV</a>) shares increased by 14.51% to $0.45. The company's market cap stands at $63.5 million. As per the press release, Q1 earnings came out today. </li>
<li>Mitek Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MITK#NASDAQ">MITK</a>) stock increased by 13.28% to $9.98. The market value of their outstanding shares is at $451.5 million. As per the news, the Q2 earnings report came out yesterday. </li>
<li>Cloudflare (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NET#NYSE">NET</a>) shares increased by 11.53% to $138.65. The market value of their outstanding shares is at $48.0 billion. As per the press release, Q1 earnings came out yesterday. </li>
<li>JFrog (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FROG#NASDAQ">FROG</a>) stock rose 9.01% to $38.44. The market value of their outstanding shares is at $4.3 billion. The company's, Q1 earnings came out yesterday. </li>
<li>Microchip Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCHP#NASDAQ">MCHP</a>) stock moved upwards by 8.87% to $53.5. The market value of their outstanding shares is at $28.7 billion. The company's, Q4 earnings came out yesterday. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Wolfspeed (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WOLF#NYSE">WOLF</a>) stock fell 19.9% to $3.55 during Friday's pre-market session. The company's market cap stands at $552.2 million. As per the press release, Q3 earnings came out yesterday. </li>
<li>Intellicheck (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IDN#NASDAQ">IDN</a>) stock decreased by 19.0% to $2.26. The market value of their outstanding shares is at $44.7 million. </li>
<li>Veritone (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VERI#NASDAQ">VERI</a>) stock declined by 12.07% to $1.75. The market value of their outstanding shares is at $78.4 million. As per the press release, Q1 earnings came out yesterday. </li>
<li>Onto Innovation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ONTO#NYSE">ONTO</a>) stock fell 9.32% to $115.0. The market value of their outstanding shares is at $5.6 billion. As per the press release, Q1 earnings came out yesterday. </li>
<li>Eastman Kodak (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KODK#NYSE">KODK</a>) stock fell 7.47% to $6.2. The company's market cap stands at $499.7 million. As per the press release, Q1 earnings came out yesterday. </li>
<li>AEye (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LIDR#NASDAQ">LIDR</a>) stock decreased by 6.62% to $0.53. The market value of their outstanding shares is at $9.8 million. As per the news, the Q1 earnings report came out yesterday. 
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</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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12 Information Technology Stocks Moving In Friday's Pre-Market Session

Microchip Technology shares are trading higher after the company reported better-than-expected Q4 sales results and issued Q1 Adj. EPS and revenue guidance above estimates.

Press Releases

General

Microchip Unveils New High-Density Power Module for AI at the Edge Applications

Microchip Expands Connectivity, Storage and Compute Portfolios to Meet the Growing Demands of AI Data Center Applications

Management

Microchip Technology Appoints Long-Time TSMC Executive Rick Cassidy to Its Board of Directors

Microchip Technology Announces Financial Results For Fourth Quarter and Fiscal Year 2025

Microchip Technology Announces Quarterly Cash Dividend on Common Stock of 45.5 Cents Per Share

Microchip Technology to Present at the J.P. Morgan 53rd Annual Global Technology, Media, and Communications Conference

Microchip Opens Registration for its 25th Annual MASTERs Conference in Scottsdale, Arizona

Microchip Brings Hardware Quantum Resistance to Embedded Controllers

Cost-Optimized PolarFire® Core FPGAs and SoCs from Microchip Technology Deliver High Performance with a 30% Lower Price Tag

Microchip Technology to Present at the TD Cowen 53rd Annual Technology, Media & Telecom Conference

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