onsemiconductor

🚘 The Future of Cars Is Electric. But Who Builds the Technology Behind Them? $ONDO

Electric vehicles need more than batteries.
They need advanced semiconductors to manage power, improve efficiency and support sensing technologies.
ON Semiconductor (NASDAQ: ON) develops intelligent power and sensing solutions for automotive and industrial markets.
Electrification and industrial automation could create long-term demand for these technologies.
The question is: Are power semiconductor companies getting enough attention?
#ONDO‬⁩ #ONSemiconductor #eveyone #Semiconductors #Technology

📊 PALANTIR, ON SEMICONDUCTOR AND SNAP RISE AFTER 2Q RESULTS

Palantir Technologies shares rose 10% after reporting second-quarter results that beat expectations, driven by nearly 150% growth in commercial revenue in the U.S. 📈.

Meanwhile, ON Semiconductor gained 5% after reporting an adjusted profit of $0.74 per share on revenue of $1.6 billion (beating forecasts of $0.71 per share and $1.59 billion in LSEG revenue), along with improved margins 💻.

Snap jumped 11% after reaching $1.6 billion in revenue (beating the expected $1.54 billion) and showing solid progress in daily active users and average revenue per user 📱.

By contrast, Whirlpool saw declines during the session 📉.

#Palantir #Snap #ONSemiconductor #BolsaDeValores #WallStreet
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