Keysight Technologies Inc (KEYS) News & EventsKEYSNews & EventsKeysight Technologies Inc

SK Hynix Approves 40 Trillion Won Share Buyback

Stock futures are mostly flat Wednesday after a three-session decline, with investors looking for stabilization following Tuesday's sharp selloff in technology and semiconductor stocks. The recent pressure has come from rising Treasury yields and concerns that elevated AI valuations may be vulnerable to higher financing costs.The Federal Reserve's July meeting minutes are the day's main catalyst, due at 2 p.m. ET. Investors will be looking for clues about the debate within the FOMC after the central bank held rates at 3.5%-3.75% in July. The minutes could be particularly important following the weak July employment report and relatively contained inflation data, which have increased expectations for a September policy shift, although rising oil prices and longer-term Treasury yields complicate the outlook.The bond market remains a major concern. The 30-year Treasury yield recently reached about 5.34%, its highest level since 2007, before easing slightly. Higher long-term yields are particularly challenging for high-growth technology stocks because they increase the discount rate applied to future earnings.Retail earnings are also providing a read on the U.S. consumer. Targetreported better-than-expected quarterly results and raised its outlook, while Lowe'scut its full-year sales outlook after weaker revenue. TJXalso reported results. The mixed results suggest consumers remain resilient in some areas but are becoming more selective as economic uncertainty and prices remain elevated.Brent crude has moved back above $90 a barrel as tensions surrounding Iran and the Strait of Hormuz threaten to keep energy supplies constrained. Persistent oil-price gains could complicate the Fed's efforts to ease policy by adding to inflation expectations.In pre-market trading, S&P 500 futures fell 0.7%, Nasdaq futures fell 0.11% and Dow futures were flat.Check out this morning's top movers from around Wall Street, compiled by The Fly.HIGHER -Modernaand Merckup 96% and 7% respectively after reporting the INTerpath-001 trial evaluating adjuvant treatment with intismeran autogene, an investigational mRNA-based individualized neoantigen therapy being jointly developed by the companies, met its primary endpointSK Hynixup 6% after announcing its board has approved a resolution to repurchase and fully cancel 40 trillion won worth of its own sharesUP AFTER EARNINGS -Estee Lauderup 13%Analog Devicesup 2%Targetup 1%Keysight Technologiesup 1%Toll Brothersup 2%DOWN AFTER EARNINGS -La-Z-Boydown 17%Mercury Systemsdown 10%TJXdown 4%Lowe'sdown 1%

NASDAQ Drops 1.3% as US Stocks Retreat

The gains made by AI CapEx names overnight that helped prop up the S&P 500 reversed sharply today, sending both the benchmark index as well as the tech-heavy NASDAQ Composite sharply lower.   S&P 500, off by 0.7%, was down for the third consecutive day, landing at a two-week low below 7,700 as investors booked profits and some of this year's biggest winners.  Micronand Western Digitalwere down over 7%, while SanDiskand Seagatewere down over 9%, with Technology by far the worst performing segment in the index today.  Defensively-inclined Healthcare and Consumer Staples sectors outpeformed, with Energy also trading relatively higher as the U.S.-Iran war uncertainty continues to boost oil prices.  In turn, Nasdaq Composite shed 1.3% to its lowest level since August 6th.In the opening hour of the evening session, sentiment remains fragile - S&P e-minis are down a decimal and NASDAQ 100 contract down by 0.2%.  Ahead of tomorrow's FOMC July meeting minutes, fixed income markets are on edge as the global bond rout continues to push up the yields of longer-dated maturities.Check out this evening's top movers from around Wall Street, compiled by The Fly.HIGHER AFTER EARNINGS -Keysight Technologiesup 3.2%Toll Brothersup 0.8%DOWN AFTER EARNINGS -La-Z-Boydown 17.2%Mercury Systemsdown 10.5%ALSO LOWER -WhiteFiberdown 20.5% after convertible debt offeringBackblazedown 2.1% after convertible debt offering

Lockheed Martin and Verizon Showcase Drone Detection Technology

Lockheed Martin (LMT), in collaboration with Verizon (VZ), Nvidia (NVDA), Keysight Technologies (KEYS), ODC and Astris AI, recently showcased how commercial off-the-shelf technologies can make detecting and tracking unmanned aircraft systems more accessible, faster to deploy, and easier to scale for public and critical infrastructure protection. In a July demonstration in the Miami area, the NetSense Airspace Awareness-as-a-Service system demonstrated an AI-enabled system capable of identifying, tracking and monitoring UAS utilizing existing 5G networks. The technology has broad commercial applications across critical infrastructure, large-scale events at stadiums, utilities like power plants, and places like schools, hospitals and airports. City, state and federal government customers can also gain proactive monitoring and alerts from the NetSense solution.