The legendary investor is moving his capital into two different emerging categories. One stock is already up big for him. Stanley Druckenmiller has sold out of Nvidia (NVDA 0.80%). Saying he regrets selling the stake too early for his Duquesne Family Office, one of the best investors ever confirmed he has gotten out of the high-flying artificial intelligence (AI) stock at around $80-$95 earlier this year. While he is now watching from the sidelines, Druckenmiller was along for much of the 500% gains in Nvid ...

Image 1: ARM FL20D fiber laser system. PITTSBURGH, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in laser technology, today announced the launch of the ARM FL20D fiber laser. This new offering in the highly successful ARM laser family features a new higher power level of 20 kW and a unique dual ring beam configuration. Representing a significant advance in welding capability, the ARM FL20D enables faster speeds and improved quality in a wide range of applications. The uniqu ...

PITTSBURGH, Oct. 23, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR) (“Coherent,” “We,” or the “Company”), a global leader in materials, networking, and lasers, announced today that it will release first-quarter fiscal 2025 financial results on Wednesday, November 6, after the New York Stock Exchange closes. The release will be followed by a live audio webcast at 5:00 p.m. ET to discuss the results. The Company invites investors to join the live audio webcast at coherent.com/company/investor-relations/ ...

Image 1: CUT12 sheet metal laser cutting processing head. PITTSBURGH, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in industrial laser technology, announced the launch of a new 2D laser cutting head that offers an exceptional mix of performance, versatility, and value to the global flat sheet cutting market. The new CUT12 is compatible with fiber lasers in the 4 kW to 12 kW (CW) power range and operates at a maximum numerical aperture (NA) of 0.15, thus enabling it to uti ...

PITTSBURGH, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in industrial laser technology, announced the launch of the EDGE FLTM high-power fiber laser series, tailored for cutting applications in the machine tool industry. Available with power levels from 1.5 kW to 20 kW, the EDGE FL series redefines the balance between value and performance, targeting the growing demand for high-power, reliable laser sources in fiber laser cutting. As global markets drive the demand for hi ...

PITTSBURGH, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (the “Company” or “Coherent”) (NYSE: COHR), a global leader in materials, networking, and lasers, today announced that following a comprehensive search, it has appointed Rob Beard as the Company’s new Chief Legal and Global Affairs Officer, and Corporate Secretary, effective today. Rob replaces current Chief Legal Officer Ron Basso, who is retiring. The Company has also promoted Marie Batz Martin to Chief Compliance Officer, reporting to Rob.  Mr. ...

PITTSBURGH, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (the "Company") (NYSE: COHR), a global leader in materials, networking, and lasers, today announced that the Company made awards of restricted stock units ("RSUs") and performance stock units ("PSUs") to its new Chief Financial Officer and Treasurer, Sherri R. Luther, effective on her start date, October 11, 2024. The awards were made pursuant to the Company's previously announced offer letter agreement with Ms. Luther, and as a material inducemen ...

PITTSBURGH, Oct. 11, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (the "Company" or "Coherent") (NYSE: COHR), a global leader in materials, networking, and lasers, today announced that following a comprehensive search, it has appointed Sherri Luther as the Company's new Chief Financial Officer and Treasurer, effective today. Ms. Luther joins Coherent from Lattice Semiconductor ("Lattice"), where she was Chief Financial Officer since 2019. Before Lattice, Ms. Luther spent 16 years at Coherent, Inc., prior to its ...

Core Points - Coherent Corp. has been awarded the Excellence in Sustainability Award by KLA, recognizing its sustainability efforts within the KLA Supply Chain Sustainability program [1][2] - The award was presented during the KLA Supplier Day event on October 8, 2024, highlighting the importance of collaboration in achieving sustainability goals [1][2] - Coherent's commitment to sustainability is reflected in its corporate responsibility standards and ongoing initiatives aimed at reducing environmental impacts [3] Company Overview - Coherent is a leader in photonics solutions for the semiconductor industry, focusing on delivering innovations across various markets including industrial, communications, electronics, and instrumentation [4] - The company operates globally with research and development, manufacturing, sales, service, and distribution facilities [4]

Coherent (NYSE: COHR ) stock has seen major upside momentum over the last 12 months as financial results have seen improvement, demand for AI-driven data center optical transceiver sales has picked up, other business lines are showing improvements, and a new CEO To follow me click the "Follow" button! (Easy right?) Hi there, thanks for coming to my profile page! My name is Kumquat Research (but you can call me Jeremy) and I've been writing for Seeking Alpha on and off for going on ten years now, beginning w ...