Technology

● Richardson Electronics grew fiscal fourth-quarter net sales 27.6% to $66.2 million, powered by wafer-fabrication equipment demand, while Veeco Instruments' pending all-stockMergerwith Axcelis Technologies targets a second-half 2026 close.

● Cadence Design Systems posted second-quarterRevenueof about $1.584 billion, up roughly 24% year over year, with a recordBacklognear $8.1 billion and raised full-year guidance to $6.34 billion in revenue.

● Monolithic Power Systems reported second-quarterRevenueof $980.6 million with enterprise-data segment revenue up 164.3% to $380.6 million, prompting management to raise its 2026 enterprise-data growth forecast to 130% from 85%.

● Progress Software reported fiscal second-quarter 2026Revenueof $253.465 million, up 7% year over year, with annualizedRecurring Revenueof $868 million, and guided full-year revenue to $1,002 million.

● OSI Systems posted record fiscal 2026Revenueof $1.79 billion with aBacklogof $1.9 billion and guided fiscal 2027 revenue to $1.93 billion.

● Palo Alto Networks reported fiscal fourth-quarterRevenueof $3.41 billion, up 34% year over year, with Next-Generation Security annualRecurring Revenuehitting $9.10 billion, up 63%, and guided FY2027 revenue to roughly $14.20 billion.

● Intuit closed fiscal 2026 withRevenueof $21.4 billion, up 14%, and non-GAAP EPS of $24.27, up 20%, and guided fiscal 2027 revenue to $23.512 billion withGAAPEPS growth of 22% to 24%.