News & Events zu RF Industries Ltd (RFIL)RFILRF Industries Ltd

US Stocks Pull Back on AI Warnings, 10-Year Yield Surpasses 5%

The major averages, and AI-connected stocks in particular, pulled back to start the week after the CEOs of the top U.S. companies developing the most advanced AI models warned the pace of development must slow to prevent threats to humanity. Meanwhile, the U.S. 10-year yield briefly jumped above 5% for the first time since 2023.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:Anthropic CEO Dario Amodeithe rate at which they advance model capabilities amid mounting fears of misuse of artificial intelligenceOpenAI will not go public in 2026,in remarks published on Saturday, citing safety concerns over artificial intelligencePresident Trump responded to the warnings by contending that the "only control or 'guardrails' that AI needs is a STRONG AND SMART (High IQ!) PRESIDENT" and adding in a later post that "AI taking over the World, destroying Humanity, and all other things bad, is"Baldwin Groupagreed toled by Sequence Holdings and DFO Management, the family office of Michael DellOraclesaid that its co-founder and Executive Chair Larry Ellison hadup to $7.5B worth of shares2. WALL STREET CALLS:JPMorganIrento Overweight on deal momentumJPMorganMara Holdingsto Underweight on AI strategyBullishat Compass Point on exposure to tokenized equitiesHPEat Evercore ISIBairdNiketo Neutral on negative developments since earnings report3. AROUND THE WEB:GE HealthCareis in advanced talks to acquire radiopharmaceutical developer Sofie Biosciences for roughly $1B, FT saysUK banks raising funds in bid to "create new payments giant," Sky News saysHyundai Motor'sBoston Dynamics is unlikely to pursue an IPO next year, Reuters saysKimberly-Clarkis preparing concessions to address EU antitrust concerns over its roughly $40B acquisition of Kenvue, Reuters reportsAnthropic selected Nasdaqfor its potential IPO, Business Insider says4. MOVERS:Elmetgained aftera $450M committed investment from the U.S. DoWRum Groupincreased afterAnthropic entered a $13.7B compute pact with the companyTRX Goldclosed higher afterquarterly gold productionCorningfell after entering into anwith Goldman SachsHPEslipped after Evercore ISIthe stock5. EARNINGS/GUIDANCE:Hain Celestialreported, with EPS and revenue missing consensusNextEra Energybacked itsfor FY26Coda Octopusreported, with EPS and revenue higher year-over-yearRF Industriesreported Q3 results, with CEO Robert Dawson commenting the "team delivered"KeyCorpprovidedfor FY26INDEXES:The Dow fell 152.09, or 0.29%, to 52,421.20, the Nasdaq lost 146.62, or 0.56%, to 26,186.41, and the S&P 500 declined 37.00, or 0.48%, to 7,619.98.

US Tech Stocks Fall After AI Development Warnings

The markets overall, and AI-connected stocks in particular, have fallen to start the week after the CEOs of the top U.S. companies developing the most advanced AI models warned the pace of development must slow to prevent threats to humanity.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:called on AI companies to slow the rate at which they advance model capabilities amid mounting fears of misuse of artificial intelligenceOpenAIin 2026, CEO Sam Altman said in remarks published on Saturday, citing safety concerns over artificial intelligenceto the warnings by contending that "The only control or 'guardrails' that AI needs is a STRONG AND SMART (High IQ!) PRESIDENT"Baldwin Groupannounced anin a $7.7B transaction led by Sequence Holdings, DFO Management, the family office of technology billionaire Michael DellOraclesaid that its co-founder and Executive Chair Larry Ellison hadto sell up to 50M shares, worth about $7.5B at Friday's closing price2. WALL STREET CALLS:JPMorganIrento Overweight on deal momentumJPMorganMara Holdingsto Underweight on AI strategyBullishto Buy at Compass Point on exposure to tokenized equitiesHPEto In Line at Evercore ISIBairdNiketo Neutral on negative developments since earnings report3. AROUND THE WEB:GE HealthCareis in advanced talks to acquire radiopharmaceutical developer Sofie Biosciences for roughly $1B, FT saysAirbnbis committing a $250M investment to housing projects to serve as a gap financing for developments with funding shortfalls, WSJ reportsHyundai Motor'sBoston Dynamics is unlikely to pursue an IPO next year, Reuters saysKimberly-Clarkis preparing concessions to address EU antitrust concerns over its roughly $40B acquisition of Kenvue, potentially clearing the way for regulatory approval after the European Commission's preliminary review, Reuters reportsAnthropic selected Nasdaqfor its potential IPO, Business Insider says4. MOVERS:Elmetgains after announcing afrom the U.S. DoWRum Groupincreases afterAnthropic entered a $13.7B compute pact with the companyTRX Goldhigher afterCorningfalls after entering into anwith Goldman SachsHPElower after Evercore ISIthe stock to In Line5. EARNINGS/GUIDANCE:Hain Celestial, with EPS and revenue missing consensusNextEra Energyfor FY26Coda Octopus, with EPS and revenue higher year-over-yearRF Industries, with CEO Robert Dawson commenting the "team delivered another quarter of accelerating topline growth"KeyCorpINDEXES:Near midday, the Dow was down 84.10, or 0.16%, to 52,489.19, the Nasdaq was down 104.82, or 0.40%, to 26,228.22, and the S&P 500 was down 25.16, or 0.33%, to 7,631.82.

RF Industries Reports Q3 Revenue of $23.96M

Reports Q3 revenue $23.96M vs $19.8M last year. "The RFI team delivered another quarter of accelerating topline growth by converting stronger demand into expanding margins and dramatically higher profitability, as well as demonstrating the earnings power of the business as revenue scales above the $20M quarterly run rate," said Robert Dawson, Chief Executive Officer of RF Industries. "Our third quarter results reflect the operating leverage story that we have discussed for the last couple of years, which is now yielding continued growth at every level of the income statement. Revenue grew 21% to a record $24M while margins improved 160 basis points to 35.6%, operating income increased over 150% to $1.8 million and Adjusted EBITDA expanded 69% to $2.7M year-over-year."