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ST Microelectronics - STM STOCK NEWS

Welcome to our dedicated news page for ST Microelectronics (Ticker: STM), a resource for investors and traders seeking the latest updates and insights on ST Microelectronics.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect ST Microelectronics's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of ST Microelectronics's position in the market.

Rhea-AI Summary
STMicroelectronics (STM) and ERG sign a long-term agreement for the supply of renewable energy in Italy. The fifteen-year Power Purchase Agreement (PPA) will provide ST's operations in Italy with approximately 250 GWh of renewable energy per year, sourced from Sicilian wind farms. The agreement is part of ST's goal to become carbon neutral in its operations by 2027, including sourcing 100% renewable energy by 2027.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.77%
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none
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Rhea-AI Summary
STMicroelectronics (NYSE: STM) releases the STM32WL3 wireless microcontrollers, offering long-range connectivity for smart metering, smart building, and industrial monitoring. The new system-on-chip combines low power with multi-protocol support, extending battery life beyond 15 years. The release aims to improve user experience, service delivery, and reduce environmental footprint in smart cities and factories.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.2%
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none
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Rhea-AI Summary
STMicroelectronics N.V. Announces Details of Common Share Repurchase Program, Repurchasing 31,448 Ordinary Shares at EUR 38.6969 Per Share, Totaling EUR 1,216,940.13. The Company Holds 7,903,801 Treasury Shares, Representing Approximately 0.9% of Its Issued Share Capital.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.2%
Tags
buyback
Rhea-AI Summary
STMicroelectronics (ST) Announces Common Share Repurchase Program Details and Transactions - Nov 06 to Nov 10, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.17%
Tags
buyback
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Rhea-AI Summary
STMicroelectronics N.V. announces the details of its common share repurchase program, disclosing the transactions made between October 30, 2023, and November 3, 2023. A total of 195,423 ordinary shares were repurchased at a weighted average purchase price of EUR 36.4957, amounting to EUR 7,132,103.87. The purpose of these transactions was to meet obligations arising from debt financial instruments that are exchangeable into equity instruments.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.58%
Tags
buyback
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Rhea-AI Summary
CommScope and STMicroelectronics have announced the integration of CommScope's PKIWorks IoT security platform with ST's STM32WB microcontroller unit. This integrated solution offers device manufacturers a turnkey solution for developing IoT devices that meet the Connectivity Standards Alliance Matter standard for security. The collaboration aims to simplify manufacturing secure Matter-device-credentials development and provisioning, reducing costs and time for IoT device manufacturers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.58%
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none
Rhea-AI Summary
DuPont and STMicroelectronics collaborate to develop a new smart wearable device concept for remote biosignal-monitoring. The collaboration resulted in the DuPont™ Liveo™ Smart Biosensing Patch prototype, which uses multifunctional microsensors and control electronics from ST embedded in a flexible patch design from DuPont. The patch technology is designed to improve people's lives by being smaller, lighter, more comfortable, and providing stable data. DuPont will demonstrate the capabilities of the prototype at the MEDICA Trade Fair in Germany.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.81%
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none
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Rhea-AI Summary
STMicroelectronics N.V. announces the details of its common share repurchase program. In the period from Oct 23, 2023 to Oct 27, 2023, the company repurchased 258,962 ordinary shares at an average purchase price of EUR 37.3908, for a total price of EUR 9,682,788.97. The purpose of these transactions was to meet obligations arising from share option programs or other allocations of shares to employees or members of the administrative bodies. The company now holds 7,440,557 treasury shares, representing approximately 0.8% of its issued share capital.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.8%
Tags
buyback
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Rhea-AI Summary
STMicroelectronics reports Q3 net revenues of $4.43 billion, gross margin of 47.6%, and net income of $1.09 billion. Business outlook for Q4 includes net revenues of $4.30 billion and gross margin of 46%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.23%
Tags
Rhea-AI Summary
STMicroelectronics supplies energy-harvesting secure microcontrollers to Ellipse World Inc for enhanced security in card payments. CompoSecure to offer first metal payment cards featuring EVC technology.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.03%
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none
ST Microelectronics

NYSE:STM

STM Rankings

STM Stock Data

38.14B
651.38M
5.47%
0.93%
Semiconductor and Related Device Manufacturing
Manufacturing
Link
Switzerland
Plan Les Ouates

About STM

STMicroelectronics NV designs, develops, manufactures and markets products, which offers discrete and standard commodity components, application-specific integrated circuits, full custom devices and semi-custom devices for analog, digital and mixed-signal applications.