Stock selection in materials was the largest contributor to relative performance. The fund's holdings in mining exchange-traded funds and lack of real estate exposure also aided relative return. Stock selection in healthcare, energy, industrials and IT detracted from relative return.
Three data center stocks skyrocketed after releasing their latest financial results. However, Wall Street analysts appear concerned about two of these names, while being more optimistic about another.
SAXONBURG, Pa., Nov. 14, 2025 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in photonics, today announced the launch of the Axon FP, a new addition to the Axon family that redefines flexibility and accessibility in femtosecond laser technology.
SAXONBURG, Pa., Nov. 10, 2025 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in photonics, today announced the launch of the EDGE CUT20 OEM Cutting Solution, pairing the new CUT20 laser cutting head with our EDGE FL20 fiber laser to deliver unmatched precision, control, and process intelligence for high-performance sheet-metal cutting.
The optical networking specialist posted a first quarter of fiscal 2026 that featured some impressive growth rates. With this, it notched a significant beat on net income.
Coherent stock is rallying today despite bearish valuation momentum in the tech sector. The company posted better-than-expected results for the first quarter of its 2026 fiscal year.
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