← /news·[MARKETS]·JUN 26·2 min read

ON Semi Drops 24% After Synaptics Deal as CEO Defends Core Business

ON Semiconductor's shares fell 24% after the company announced a deal with Synaptics, a drop severe enough to prompt the chief executive to publicly defend the direction of the core business. The

$Tomas Reyes·NewsNTech

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Tesla shares slide 11% as discount pricing squeezes profits while capex doubles on AI and robotics push

The unit economics of vehicle manufacturing leave little room for price concessions.

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The constraint investors are now explicitly pricing is this: artificial intelligence infrastructure spending accrues upfront, at scale, and the revenue it is supposed to generate arrives later, with significant uncertain…

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Cloud gaming's subscriber acquisition gap pushes Amazon and Microsoft toward separate models

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