From Nasdaq: 2025-06-11 21:21:00

Semtech (NASDAQ:SMTC) stock rose nearly 9% on Monday amid optimism from U.S.-China trade talks. Stock still down 33% for the year. Valuation looks high at $41 per share. Revenue up 7.2% annually, but profit margins weak. Debt manageable, cash strong. Resilience during downturns slightly worse than S&P 500. Overall, stock looks unattractive due to high valuation. 1. The stock market experienced a sharp decline today, with the Dow Jones Industrial Average dropping 500 points due to concerns over rising inflation and interest rates. The S&P 500 and Nasdaq also saw significant losses, with tech stocks taking a particularly hard hit.

2. In international news, tensions are rising between Russia and Ukraine as Russian troops continue to amass along the border. The US and European Union have expressed concern over the situation, calling for de-escalation and dialogue between the two countries to prevent a potential conflict.

3. A new study has found that over 70% of Americans are now fully vaccinated against COVID-19, marking a significant milestone in the country’s fight against the pandemic. However, health officials are warning that the Delta variant continues to pose a threat, especially in areas with low vaccination rates.

4. In sports news, the Tokyo Olympics have officially begun, with athletes from around the world competing in a wide range of events. Despite challenges posed by the ongoing pandemic, organizers are hopeful that the games will be a success and showcase the resilience and talent of athletes on a global stage.



Read more at Nasdaq: Now Is Not The Time To Buy Semtech Stock