Pixelworks reported its third-quarter 2026 results, showing a 57% year-over-year revenue increase to $378K, primarily driven by license revenue. The company also significantly narrowed its net loss by 37.4% to ($2.78M), with diluted EPS improving to ($0.46). Following the sale of PWSH, Pixelworks is now focusing on cinematic visualization solutions, including its TrueCut Motion platform.

Keysight Technologies has expanded its high-power automated test equipment (ATE) portfolio, introducing new voltage and power options, including DC power supplies up to 12 kW. The enhancements aim to provide engineers in power conversion, aerospace, and energy applications with more compact hardware, automated testing, and regenerative technology for efficient and scalable test systems. This expansion builds on Keysight's "Power Without Compromise" solutions, offering broader application coverage and increased rack density.

Fidelity National Information Services Inc. (FIS) experienced a sharp stock drop after its quarterly earnings report, despite a rise in third-quarter earnings, due to a lowered full-year forecast and the CFO's resignation. Several analysts downgraded FIS, with some expressing concerns about a sustainable growth recovery and leadership transition, though others believe the company could be an attractive takeover candidate. The article also provides updates on other Jacksonville-based companies, including Fidelity National Financial Inc., Rayonier Advanced Materials Inc., Rayonier Inc., Treace Medical Concepts Inc., Regency Centers Corp., Cadre Holdings Inc., Redwire Corp., and FRP Holdings Inc.

The article reports on the stock performance of three major semiconductor companies. Intel, Marvell Technology, and Micron all experienced declines, with Intel down 2.4%, Marvell Technology down 2.6%, and Micron seeing the largest drop at 3.4%.

Qualys, Inc. (NASDAQ:QLYS) shares dropped 13% after its quarterly report, despite exceeding profit expectations with US$1.62 per share. Analysts have since updated their 2027 forecasts, increasing EPS estimates to US$6.80 and slightly raising revenue predictions to US$802.1m, indicating a more bullish outlook. However, the consensus price target remains unchanged at US$197, suggesting that the improved earnings forecast hasn't significantly impacted the long-term valuation.

The Invesco S&P 500 Equal Weight ETF (RSP) saw significant net buying on November 10, increasing 501 positions and decreasing only one. Moderna Inc (MRNA) was the largest buy by dollar value at $2.7 million, followed by AutoZone Inc (AZO) and PTC Inc (PTC). The only notable sell was Okta Inc (OKTA), which was cut by $9.4 million.

Gartner forecasts global spending on AI-optimized servers to reach $957.2 billion in 2027, an 81% increase from 2026, driven by growing inference and training workloads and hyperscaler expansions. Total worldwide AI spending is expected to hit $4.05 trillion next year, with infrastructure making up $2.4 trillion. Despite these projections, Gartner has warned that over $3.5 trillion in AI infrastructure spending could face impairment by 2030 if investments outpace profitable returns.

McKinsey Electronics Limited has been appointed an Authorized Reseller under Keysight Technologies' Value Product Reseller Program, expanding customer access to Keysight products and services across the GCC region and Africa. This partnership combines McKinsey Electronics' regional engineering capabilities with Keysight's market-leading design, emulation, and test solutions, providing customers with local technical expertise and enhanced support throughout their product development cycles. The collaboration aims to accelerate innovation, reduce development risk, and bring products to market faster for engineers in the region.

Maryland State Retirement & Pension System increased its stake in International Business Machines Corporation (IBM) by 13.7% in the third quarter, bringing its holdings to 57,729 shares valued at $12.7 million. IBM reported strong quarterly earnings, beating analyst estimates, and announced a $1.69 quarterly dividend. The company maintains a "Moderate Buy" consensus rating from analysts with an average price target of $266.88.

Yum China Holdings, Inc. announced it has reached the 20,000-store milestone across over 2,800 cities and towns in China, coinciding with the 10th anniversary of its NYSE listing. The company aims to expand to 30,000 stores by 2030, planning to add the next 10,000 stores within four years. This rapid expansion is supported by its RGM 3.0 strategy, which includes agentic AI for operational efficiency and enhanced support initiatives for frontline teams.