U.S. stocks on the move | North American markets show strong performance, significantly turning losses into gains; Stellantis (STLA.US) opens higher and rises nearly 13%

智通财经2026/10/28 14:25

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Stellantis (STLA.US) surged over 10% at the open on Wednesday, with gains expanding to 13% as of press time, according to Zhihu Finance APP. On the news front, Stellantis released its third-quarter results: net revenue reached 37.611 billion euros, up 1% year-on-year and higher than the market expectation of around 36.4 billion euros; net loss was 453 million euros, narrowing by 90% from the loss of 4.532 billion euros in the same period last year; adjusted operating profit was 256 million euros (285 million USD), slightly above consensus estimates, up 184% year-on-year with a profit margin of 0.7%. The company maintained its full-year guidance and reiterated its target for positive industrial free cash flow by 2027.

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Photonics technology leader Coherent (COHR.US) released its financial results for the first quarter of fiscal year 2027 (ending September 30, 2026) after the US stock market closed on Wednesday. Benefiting from strong demand driven by the transition from copper to optical interconnects in AI data centers, the company achieved record-high quarterly revenue and significantly improved profitability.

智通财经•2026/11/04 22:42

AI optical interconnects are “selling out”: Coherent (COHR.US) Q1 revenue surges 50% to a record high, data center business soars 79%, aiming for $3 billion in single-quarter revenue.

智通财经•2026/11/04 22:41