GNTX News & Events

The major averages had a mixed session following a surge in chip stocks after strong earnings, particularly from Intel. The macro headwind, meanwhile, remains oil and geopolitics. Crude continues to be volatile amid renewed tensions in the Middle East, including shipping disruptions and military activity tied to the ongoing U.S.-Iran conflict. Of note, a Pakistani government official told MS NOW that Iranian Foreign Minister Abbas Araghchi is anticipated to arrive in Islamabad on Friday and that talks between the U.S. and Iran will likely occur there.In other news, Jeanine Pirro, U.S. Attorney for the District of Columbia, said the Department of Justice will close its investigation into Federal Reserve Chair Jerome Powell. Pirro added in her statement on the matter, however, that she "will not hesitate to restart a criminal investigation should the facts warrant doing so."Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:Intelreported muchand provided upbeat Q2 earnings guidanceProcter & Gamblereportedand maintained its core FY26 earnings outlookMaxLinearshares soared after itswas followed by upgrades at Needham and Roth CapitalMetato deploy Amazon Web Services'Graviton processorsGooglewill invest up to $40B in Anthropic,2. WALL STREET CALLS:Intelto Buy or equivalent ratings at Citi, Evercore ISI and Roth Capital after earningsDA Davidson alsoAMDto Buy after the big Intel beatSportradarto Hold at JefferiesBloomin' Brandsto Underweight at JPMorganMoffettNathansonDraftKingsand Flutter Entertainmentto Neutral amid prediction markets "clouds"3. AROUND THE WEB:Googleand Microsoftwill bed to lease a SoftBankU.S. data center, Nikkei Asia reportsFordhas discussed bringing Chinese automaker Geely'stechnology to the U.S., WSJ reportsSun Pharmaceutical is set to make a binding offer of $13B for Organon, The Economic Times reportsSpruce Point Management announces a long position in Zoom Communications, saying it sees "material upside potential" in the sharesNvidiahas yet to sell H200 AI chips to Chinese companies, citing difficulties obtaining permission from the Chinese government faced by potential buyers, Reuters says4. MOVERS:PagerDutygained after a rumor an activist targeting the company wasNewmontincreased after, with EPS and revenue beating consensusX-energyrose after itfollowing the IPO priced at $23 for the small modular nuclear reactor developerCharterwas lower after, with EPS missing consensusCourserafell afterand provided guidance for Q2 and FY265. EARNINGS/GUIDANCE:Gentexand raised its guidance for FY26Moogand raised its guidance for FY26, with CEO Pat Roche commenting, "Our teams delivered another outstanding quarter"HCA Healthcare, with EPS in-line with consensusSLBand increased its guidance for FY26, with CEO Olivier Le Peuch commenting on "a challenging start to the year" amid widespread disruptions in the Middle EastApogee Enterprises, with EPS higher year-over-yearINDEXES:The Dow fell 79.61, or 0.16%, to 49,230.71, the Nasdaq gained 398.09, or 1.63%, to 24,836.60, and the S&P 500 advanced 56.68, or 0.80%, to 7,165.08.

The major averages were mixed near noon following a surge in chip stocks after strong earnings, particularly from Intel. The macro headwind, meanwhile, remains oil and geopolitics. Crude continues to be volatile amid renewed tensions in the Middle East, including shipping disruptions and military activity tied to the ongoing U.S.-Iran conflict. Of note, a Pakistani government official told MS NOW that Iranian Foreign Minister Abbas Araghchi is anticipated to arrive in Islamabad on Friday and that talks between the U.S. and Iran will likely occur there.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:Intelreportedand provided upbeat Q2 earnings guidanceProcter & Gamblereportedand maintained its core FY26 earnings outlookMaxLinearshares soared after its Q1 earnings beat was followed byMetasigned anAmazon Web Services'Graviton processorsJeanine Pirro, U.S. Attorney for the District of Columbia, said the DOJ willinto Federal Reserve Chair Jerome Powell2. WALL STREET CALLS:Intelto Buy or equivalent ratings at Citi, Evercore ISI and Roth Capital after earningsDA Davidson alsoAMDto Buy after the big Intel beatSportradarto Hold at JefferiesBloomin' Brandsto Underweight at JPMorganMoffettNathansonDraftKingsand Flutter Entertainmentto Neutral amid prediction markets "clouds"3. AROUND THE WEB:Sun Pharmaceutical is set to make a binding offer of $13B for Organon, The Economic Times reportsSpruce Point Management announces a long position in Zoom Communications, saying it sees "material upside potential" in the sharesNvidiahas yet to sell H200 AI chips to Chinese companies, citing difficulties obtaining permission from the Chinese government faced by potential buyers, Reuters saysBarclaysdecided not to challenge the Financial Conduct Authority's motor finance ruling, which could lead to average payouts for drivers of more than GBP 800M, Sky reportsTens of thousands of Samsungworkers rallied for a larger share of AI-driven profits, with the union demanding 15% of operating profit versus the company's offer of 10% plus a 6.2% wage increase, Bloomberg reports4. MOVERS:PagerDutygains after a rumor an activist targeting the company was highlighted in Ben Harrington's buyout-focusedNewmontincreases after, with EPS and revenue beating consensusSAPhigher in New York after Grupo Santanderthe stock to OutperformCharterlower after, with EPS missing consensusCourserafalls afterand provided guidance for Q2 and FY265. EARNINGS/GUIDANCE:Gentexand raised its guidance for FY26Moogand raised its guidance for FY26, with CEO Pat Roche commenting, "Our teams delivered another outstanding quarter"HCA Healthcare, with EPS in-line with consensusSLBand increased its guidance for FY26, with CEO Olivier Le Peuch commenting on "a challenging start to the year" amid widespread disruptions in the Middle EastApogee Enterprises, with EPS higher year-over-yearINDEXES:Near midday, the Dow was down 0.13%, or 62.86, to 49,247.46, the Nasdaq was up 1.47%, or 358.33, to 24,796.84, and the S&P 500 was up 0.74%, or 52.61, to 7,161.01.

Reports Q1 revenue $675.4M, consensus $649.65M. "Core Gentex revenue growth in the quarter was driven by advanced feature strength in several regions that helped offset lower light vehicle production and continuing unit volume headwinds. As an example, North American revenue increased approximately 6% year-over-year despite a 2% decline in light vehicle production in that region compared to the first quarter of 2025. This outperformance was driven primarily by continued growth and penetration of Full Display Mirror shipments. In Europe, Japan, and Korea, auto-dimming mirror unit shipments declined approximately 8% quarter-over-quarter; however, revenue for these combined regions declined only 2%, reflecting a favorable shift in product mix, driven by the successful launch and ramp of one of our key In-Cabin-Monitoring-System platforms in Europe and continued growth of FDM. In China, revenue in the first quarter of 2026 totaled approximately $28 million, a 29% decline quarter-over-quarter, reflecting the ongoing impact of tariffs and counter-tariff actions on our China business. Given the difficult market conditions for many of our customers, the Company's revenue growth continues to be driven by expanding electronic content and new technologies," said Steve Downing, president and CEO. "Another bright spot during the first-quarter was VOXX revenue, which was approximately 9% above our beginning of quarter forecast, driven primarily by stronger-than-anticipated performance in the Premium Audio segment," remarked Downing.