- Shares of FactSet Research Systems Inc. (FDS) gained 3.5% after the company reported third-quarter fiscal 2025 revenues of $585.5 million, surpassing the Zacks Consensus Estimate of $581.34 million.
- Northern Trust Corporation’s (NTRS) shares jumped 8% following a report that The Bank of New York Mellon Corporation (BK) has approached the bank showing interest in a merger between the two.
- Shares of Fiserv, Inc. (FI) gained 4.4% after the company announced its plans to expand its presence in the stablecoin space.
- Super Micro Computer, Inc.’s (SMCI) shares plummeted 9.8% after the AI-server maker announced a private offering of $2 billion five-year convertible bonds.
Zacks Names #1 Semiconductor Stock
It's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom.
With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028.
See This Stock Now for Free >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The Bank of New York Mellon Corporation (BK): Free Stock Analysis Report
Northern Trust Corporation (NTRS): Free Stock Analysis Report
FactSet Research Systems Inc. (FDS): Free Stock Analysis Report
Super Micro Computer, Inc. (SMCI): Free Stock Analysis Report
Fiserv, Inc. (FI): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).