Rubicon Tech

NASDAQ: RBCN
$16.63
+$0.51 (+3.1%)
Closing price August 12, 2022
LED lighting maker Cree Inc. (NASDAQ: CREE) has succeeded in making an LED streetlight that sells for less than $200 when purchased in volume. Provided the company can actually make a profit on the...
The LED industry has suffered an 18-month dry spell as sales have tanked and makers have had to re-trench to keep costs in line. The market might be starting to recover now, even if slowly....
Canaccord Genuity is bringing up more caution in the LED sector this Monday.  The analyst team is attributing recent strength due to restocking and double ordering.  Canaccord’s rating call is...
Analysts at Deutsche Bank upgraded two LED makers this morning and the effect is rippling through through the other names in the industry. Aixtron SE (NASDAQ: AIXG) and Veeco Instruments Inc....
After opening higher this morning, markets rebounded from an early dip following a better-than-expected reading on consumer confidence and a bullish report on US new home sales. But sellers took over...
Shortly after noon ET today, all three major US stock indexes are showing gains, with the DJIA up more than 24 points at about 13,009, the Nasdaq up nearly 12 points at 2,969, and the S&P 500 up...
The three major US equities indexes opened higher this morning but quickly lost steam ahead of the consumer sentiment and monthly new home sales reports. Action in Europe and Asia had boosted the...
Markets opened mixed this morning, with the DJIA and S&P 500 opening lower and the Nasdaq Composite opening higher. The Nasdaq was getting a big push from the very strong earnings report out of Apple...
Last Friday, the Chinese government announced a phase-out of incandescent light bulbs, beginning with eliminating 100-watt+ bulbs by the end of 2012 and 60-watt+ bulbs by 2014. The decision triggered...
If there is one single event that can help an entire sector out immediately, it is when China announces major policy changes.  News is out that China is taking a multi-step plan to stop the use of...
In the wake of the weak global economic news, some alternative energy stocks are being swept along in the current of bad news, while a few others are making a bit of a comeback. Overall, though,...
It is time for our daily review of the alternative energy sector, and today hits LEDs, wind power, and geothermal developments. Adding to an already crowded field, LDK Solar Co. Ltd. (NYSE: LDK)...
It’s time for our “Alternative Energy Daily” report covering solar, nukes, utilities and more. Utilities with large nuclear power generation assets are also seeing pressure as more concerns...
Talk about leaving a bad taste in your mouth… Cree Inc. (NASDAQ: CREE) is getting hit again on lower earnings guidance and shares may in fact be hitting 52-week lows. The problem is that this...
LED lighting maker Cree, Inc. (NASDAQ: CREE) set a 52-week high in April 2010 at over $83/share. The stock hadn’t hit that mark for more than 10 years. Then some of the glow dimmed as the company...