Proshares S&P Kensho Smart Factories ETF(MAKX.US)

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Proshares S&P Kensho Smart Factories ETF
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Ouster Inc. unveils investor presentation highlighting digital lidar technology and AI-powered perception solutions

Ouster Inc. has released an investor presentation showcasing its leadership in digital lidar technology and AI-powered perception solutions. The company reported a total addressable market of $70 billion and a strong balance sheet with $247 million in cash equivalents. Ouster highlighted its AI software offerings, including Gemini and BlueCity, and noted continued revenue growth over eleven quarters, with over 100,000 sensors shipped since inception. The full presentation is accessible via a provided link.

Reuters·
US
OUST
-3.80%
Reuters·
US
OUST
-3.80%

ASML, Lam Research, Applied Materials surge. Why chip stocks are getting a boost.

Taiwan Semiconductor Manufacturing's heavy spending is great news for companies which sell machinery and other tools for chip manufacturing.

MSN·
US
LRCX
+2.52%
US
AMAT
+2.49%
US
TSM
+0.22%
MSN·
US
LRCX
+2.52%
US
AMAT
+2.49%
US
TSM
+0.22%

Why KLAC, LRCX, and AMAT Stocks Hit All-Time Highs Today

Wells Fargo upgraded KLA (KLAC) and Lam Research (LRCX) to Buy, citing expected growth in the chipmaking equipment market. Applied Materials (AMAT) remains a top pick. This news led to all three stocks reaching all-time highs. Analyst Aaron Rakers noted tightening demand for advanced logic and memory chips, prompting a 10% increase in wafer fabrication equipment spending estimates. Price targets were raised to $1,600 for KLA and $250 for LRCX. Analysts suggest all three stocks are near fair value, with LRCX showing the least downside risk.

Tip Ranks·
US
KLAC
+1.48%
US
LRCX
+2.52%
US
AMAT
+2.49%
Tip Ranks·
US
KLAC
+1.48%
US
LRCX
+2.52%
US
AMAT
+2.49%

Rockwell Automation Powers Tate & Lyle’s New Automated Plant in Brazil

Rockwell Automation has partnered with Tate & Lyle to enhance their operations in Brazil by launching a new automated manufacturing facility in Matão, São Paulo, for NUTRAVA® Citrus Fiber. The collaboration includes advanced electrical and automation systems, improving operational efficiency and supporting Industry 4.0 readiness for future production and digital transformation.

Reuters·
US
ROK
-1.33%
UK
TATE
0.00%
Reuters·
US
ROK
-1.33%
UK
TATE
0.00%

Rockwell Automation, Inc. Announces THG Nutrition Selects Plex Manufacturing Execution System to Drive Operational Excellence, Support Rapid Growth, and Unify Its Manufacturing Processes Across Multiple Sites

Rockwell Automation announced that THG Nutrition has selected the Plex Manufacturing Execution System (MES) to enhance operational excellence and support rapid growth across its manufacturing sites. The implementation will begin at THG's Warrington facility, aiming for real-time visibility and streamlined processes. Plex's cloud-based solution offers a unified platform for efficient inventory management and production scheduling, while its no-code platform allows for quick replication of solutions. This transition from legacy systems to Plex is expected to lower IT costs and improve operational efficiency.

marketscreener·
US
ROK
-1.33%
marketscreener·
US
ROK
-1.33%
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