CRAY - Cray Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
34.69
+0.05 (+0.14%)
At close: 4:00PM EDT
Stock chart is not supported by your current browser
Previous Close34.64
Open34.67
Bid0.00 x 900
Ask0.00 x 800
Day's Range34.64 - 34.71
52 Week Range18.76 - 36.64
Volume255,381
Avg. Volume600,989
Market Cap1.437B
Beta (3Y Monthly)0.27
PE Ratio (TTM)N/A
EPS (TTM)-2.63
Earnings DateOct 28, 2019 - Nov 1, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est35.00
Trade prices are not sourced from all markets
  • Chuck Royce's Firm Trims Medidata, Circor Positions
    GuruFocus.com

    Chuck Royce's Firm Trims Medidata, Circor Positions

    Firm's largest sales of the 2nd quarter Continue reading...

  • Cray lands $600M supercomputer contract ahead of HPE takeover
    American City Business Journals

    Cray lands $600M supercomputer contract ahead of HPE takeover

    The contract is significant as the company prepares to be acquired by HPE, a deal Cray's CEO was hesitant to make.

  • GlobeNewswire

    Cray Announces Shasta Software to Power the Exascale Era

    Global supercomputer leader Cray Inc. (CRAY) today announced an entirely new, open and extensible software platform to address the growing need for supercomputing across government and private industries. As advanced simulation, artificial intelligence (AI) and digital transformation create new, data intensive workloads, the need for performance at scale is growing rapidly. In a separate press release issued today, the Department of Energy (DOE), National Nuclear Security Administration (NNSA) and Lawrence Livermore National Laboratory (LLNL) announced that Cray has been awarded a third U.S. exascale system contract.

  • AMD Stock’s Positive Catalysts Make it a Top Choice For Long-Term Portfolios
    InvestorPlace

    AMD Stock’s Positive Catalysts Make it a Top Choice For Long-Term Portfolios

    Shares of Advanced Micro Devices (NASDAQ:AMD) soared on August 8 as the company debuted its latest line of server chips. Long-term AMD stock investors have been delighted with the price performance of semiconductor specialist.Year-to-date, the Santa Clara-based chip designer is up about 83% while the iShares PHLX Semiconductor ETF (NASDAQGM:SOXX) is up 29.3%. Advanced Micro Devices stock is seventh-largest holding among the the exchange-traded fund's 31 semiconductor stock portfolio.Long-term, I believe AMD stock price is going to rise much more. Therefore, today I'm going to discuss the short-term and long-term outlook of AMD stock, one of the darlings of Wall Street in 2019.InvestorPlace - Stock Market News, Stock Advice & Trading Tips AMD Stock is not the Underdog AnymoreDespite the uncertainties in the broader market and the semiconductor space, AMD stock jumped 16.2% last Thursday to close the day at $33.92. That followed the August 7 announcement that the company was now bringing out its 7nm (nanometer) second-generation EPYC Rome server CPU (central processing unit).With these smaller and more power-efficient chips, AMD is aiming to rival Intel's (NASDAQ:INTC) 10nm chips. AMD is hopeful that it can take market share from Intel, especially in data center business, where Intel is still the market leader.Until 2019, Advanced Micro devices has mostly played catch-up with Nvidia (NASDAQ:NVDA) and Intel. The market cap for NVDA and INTC stocks are $96 billion and $209 billion, respectively. AMD stock's market cap stands at $36.5 billion. * 10 Cyclical Stocks to Buy (or Sell) Now Nvidia has dominance in graphics processing units (GPUs) while Intel has been a leader in central processing units (CPUs), the computing engine of most computers and data centers. Graphics processing units accelerate central processing units, boosting the performance of video and graphics and improving computers' overall performance.As AMD launches its Navi graphics cards in Q3 featuring the company's 7-nanometer chips, management is confident that it will take GPU market share in the gaming segment from Nvidia.In short, Advanced Micro Devices has taken important steps to make the fundamental metrics of the company stronger and to catch up with its main competitors. AMD Stock's Q2 Earnings Were StrongAdvanced Micro Devices has a history of reporting mixed results. When AMD released earnings on July 30, Wall Street paid attention to two segments: Computing and Graphics; and, Enterprise, Embedded and Semi-Custom.Advanced Micro Devices stock reported earnings that met expectations amid tariff constraints. The group's net income was $35 million, or 3 cents a share, compared with $116 million, or 11 cents a share, in the year-ago period.Computing and Graphics segment revenue was $940 million, down 13% year-over-year and up 13% quarter-over-quarter. Computing and Graphics revenue was lower year-over-year primarily due to lower graphics channel sales. The quarter-over-quarter increase was primarily due to higher GPU sales.Enterprise, Embedded and Semi-Custom segment revenue was $591 million, down 12% YoY and up 34 percent sequentially. The year-over-year revenue decrease was primarily due to lower semi-custom product revenue. The quarterly increase was driven by higher semi-custom and EPYC processor revenue.Overall many analysts saw the Q2 earnings report as a sign that AMD is executing its strategic plans well. Since late 2014, under the leadership of CEO Lisa Su, revenue has increased and the company has been improving its balance sheet. Its debt has also reduced considerably. Over the next five years, analysts expect AMD to grow earnings by about 30% annually.AMD's Q3 revenue outlook, however, fell below the Wall Street consensus because of weaker-than-expected console sales. The chip maker's Q3 revenue outlook of $1.75 billion to $1.85 billion was lower than the forecast sales of $1.94 billion. Expect Short-Term Volatility in AMD StockWall Street has recently been debating whether the semiconductor industry, which is highly competitive and cyclical, has entered a prolonged downturn. Could these chip stocks have reached their 2019 highs in the eyes of investors?For long-term investors, such gyrations in the sector are nothing new. Wall Street is nervous that the prolonged tariff wars will continue to affect chip companies' earnings in the rest of the year. China is the leading consumer of semiconductors (more than 50%).And U.S. chip companies lead the world with a combined global market share of nearly 50%. Furthermore, many technology companies either have manufacturing plants in China or use Chinese companies in their supply chains. Therefore, investors fear that U.S. chip makers will be among the largest losers of the current trade war.Furthermore, analysts are debating whether Advanced Micro Devices stock is becoming overvalued. For example, its forward price-to-earnings-growth (PEG) ratio is about 2x. Similarly, AMD stocks's price-sales (P/S) ratio of about 6.1x is also quite high. To put the metric into perspective, the S&P 500 index's average price-sales ratio is 2.2x. Short-Term Technical Analysis of AMD StockAs a result of the impressive run-up in AMD stock price in 2019, its short-term technical indicators have become quite "overbought."If you are an investor who follows technical charts, AMD stock has strong resistance around the $35, a level which it has not been able to pass four times in the past two months. In other words, if and when AMD stock can go and stay over $35, long-term investors should expect another big move up in the share price.However, when if it cannot go and stay over $35 soon, some profit-taking is likely to occur, again. In such a case, AMD stock is likely to trade within a range of about $29-$34. * 5 Cheap Stocks to Buy Now That the Fed Cut Rates Because AMD is a momentum leader stock, investors should expect sizable daily swings in the AMD stock price. Technically AMD stock is known to make a series of rallies and consolidations. We can expect this trend to continue in August and September, too. Bottom Line on AMD StockAs new frontiers in technology, such as the internet of things (IoT), artificial intelligence (AI), autonomous driving, and 5G are being developed, I am bullish on the future of Advanced Micro Devices, which has been quite successful in recent years.As a result, I am also upbeat on the long-term outlook of AMD stock. In June, in addition to the broader market rally, AMD stock got an analyst upgrade that gave a big boost to its price.However, AMD stock is not immune to the daily wide swings in the broader markets and profit-taking may once again happen in the stock price soon.If you already own Advanced Micro Devices stock, you might want to stay the course and hold onto your position. That said, if you are worried about short-term profit taking, then within the parameters of your portfolio allocation and risk/return profile, you may consider placing a stop loss at about 3%-5% below the current price point, to protect the profits you have already made from AMD stock.If you are an experienced investor in the options market, you may also consider using an Sept. 20 expiry at-the-money (ATM) covered call strategy. In that case, you may, for example, buy 100 shares of AMD at a limit price of $33.5 and sell an AMD Sept. 20 $33.5 call option, which currently trades at $2.3.The $33.5 option offers some downside protection in case of volatility and a decline of AMD stock price. It would also enable investors to participate in a potential up move. This call option would stop trading on Sept. 20 and expire on Sept. 21.I find AMD stock to be a buy candidate, especially as its price dips below $30. In a few years, I'd expect the shares to reach $40.As of this writing, the author holds AMD and INTC covered calls (Aug. 16 expiry). More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 8 Dividend Aristocrat Stocks to Buy Now No Matter What * 7 Stocks to Buy to Ride the Vegan Wave * 4 Safe Stocks to Buy Amid Trade War Turbulence The post AMD Stock's Positive Catalysts Make it a Top Choice For Long-Term Portfolios appeared first on InvestorPlace.

  • AMD has built Rome, but it will take much more than a day to know if it’s a winner
    MarketWatch

    AMD has built Rome, but it will take much more than a day to know if it’s a winner

    It took much more than a day for Advanced Micro Devices Inc. to build Rome, and capitalizing on it will take even longer, but the potential payoff is huge.

  • GlobeNewswire

    Cray CTO Steve Scott to Present Keynote on Cray's Slingshot Interconnect at IEEE Hot Interconnects 2019 Conference

    Global supercomputer leader Cray Inc. (CRAY), today announced that its Senior Vice President and Chief Technology Officer Dr. Steve Scott will be a keynote speaker at the IEEE Hot Interconnects 2019 conference. The IEEE Hot Interconnects Conference is being held on August 14 – 16 in Santa Clara, California, and is the premier international forum for researchers and developers of state-of-the-art hardware and software architectures and implementations for interconnection networks of all scales. What: Cray will present on Rosetta, the switch at the core of Cray's next generation Slingshot interconnect that has been announced as part of the first two planned U.S. exascale supercomputers Aurora and Frontier.

  • GlobeNewswire

    Cray Shasta Supercomputer to Power Weather Forecasting for the U.S. Air Force

    Global supercomputer leader Cray Inc. (CRAY) today announced that the first Cray Shasta™ supercomputing system for operational weather forecasting and meteorology will be acquired by the Air Force Life Cycle Management Center in partnership with Oak Ridge National Laboratory. The powerful high-performance computing capabilities of the new system, named HPC11, will enable higher fidelity weather forecasts for U.S. Air Force and Army operations worldwide.

  • GlobeNewswire

    Cray Awarded Contracts With the U.S. Army Research Laboratory and the Army Engineering and Research Development Center

    Global supercomputer leader Cray Inc. (CRAY) today announced that the U.S. Department of Defense (DOD) has selected two Cray CS500™  systems for its High Performance Computing Modernization Program (HPCMP) annual technology procurement known as TI-18. The Army Research Lab (ARL) and the U.S. Army Engineering and Research Development Center (ERDC) will each deploy a Cray CS500 to help serve the U.S. through accelerated research in science and technology. The two contracts are valued at more than $46M and the CS500 systems are expected to be delivered to ARL and ERDC in the fourth quarter of 2019.

  • Cray (CRAY) Reports Q2 Loss, Lags Revenue Estimates
    Zacks

    Cray (CRAY) Reports Q2 Loss, Lags Revenue Estimates

    Cray (CRAY) delivered earnings and revenue surprises of -17.19% and -4.78%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

  • Peter Ungaro is ready to take Cray to a new level with help of HPE
    American City Business Journals

    Peter Ungaro is ready to take Cray to a new level with help of HPE

    Cray plans to combine with the HPE team responsible for high-performance computing and artificial intelligence into a business unit led by current Cray CEO Peter Ungaro.

  • GlobeNewswire

    Cray Inc. Reports Second Quarter 2019 Financial Results

    SEATTLE, Aug. 02, 2019 -- Global supercomputer leader Cray Inc. (Nasdaq: CRAY) today announced financial results for its second quarter ended June 30, 2019. All figures in.

  • Despite the Plunge, There’s No Need to Panic on AMD Stock
    InvestorPlace

    Despite the Plunge, There’s No Need to Panic on AMD Stock

    With tech stocks fetching rich valuations, there is little room for error. Just look at shares of Advanced Micro Devices (NASDAQ:AMD). On news of its recent earnings report, AMD stock plunged 10%.It's true that the AMD share price is still up a sizzling 65% for the year, making it one of the top performers among tech stocks. Yet the drop still shows that the company has its issues.InvestorPlace - Stock Market News, Stock Advice & Trading TipsSo, let's take a look at the quarter. Net income went from $116 million, or 11 cents a share to $35 million, or 3 cents a share. This haul beat Wall Street's expectations by 3 cents a share. On the top line, revenues fell from $1.76 billion to $1.53 billion. Yet the consensus was calling for $1.52 billion.But of course, the real problem for AMD stock was the guidance. For the current quarter, the company's revenue forecast is for $1.75 billion to $1.85 billion. This compares poorly to Wall Street's more robust $1.94 billion.One of the reasons for the deceleration is the disruption from the U.S.-China trade war. Also, competitive pressures from rival Intel (NASDAQ:INTC) have taken the shine off the AMD share price. * 7 A-Rated Stocks Under $10 Yet perhaps the biggest problem for AMD stock is the gaming market. It looks like sales are trailing off as customers are waiting for new consoles from Microsoft (NASDAQ:MSFT) and Sony (NYSE:SNE). Keep in mind that the impact from this has overshadowed the growth in AMD's EPYC and Radeon chip revenues. AMD Share Price and Q2 HighlightsDespite all this, it's important to note that AMD continues to push innovation. In the quarter, the company launched high-performance CPUs (central processing units) and GPUs (graphics processing units) as well as scaled 7-nanometer processors for PCs, gaming and data centers.Here are some other notable events for the quarter: * The company entered a multi-year strategic agreement with Samsung, which will license AMD's graphics technology for mobile applications and smartphones. * AMD announced its X570 chipset for providing the first-ever PCIe 4.0 ready platform for consumers. There will be over 50 motherboards from manufacturers. * AMD also announced RDNA, which is a new gaming architecture for PCs, consoles and cloud platforms. The chip technology has 1.25-times the performance of the previous generation. * The company plans to work with Cray (NASDAQ:CRAY) -- which has recently agreed to merge with Hewlett Packard (NYSE:HPE) -- to create the world's fastest computer, called Frontier. It will use AMD EPYC CPUs and Radeon Instinct GPUs that leverage AI (artificial intelligence). * Microsoft will use AMD chips for its next-generation gaming console, Project Scarlett. * Apple (NASDAQ:AAPL) will use AMD Radeon Pro Vega II GPUs for a new Mac Pro system. Bottom Line on AMD StockThe gaming market is likely to be a drag for some time. Consider that the 2019 revenue forecast is for mid-single digit growth.But the gaming market will ultimately provide a strong catalyst when the consoles are launched. And yes, AMD's innovations have positioned it nicely to capitalize on this.In the meantime, AMD should continue to see momentum in its other categories, especially in the data center. This is a huge opportunity for the company.For example, here's what Wells Fargo analyst, Aaron Rakers, had to say after the earnings: "While AMD's slightly tempered 2019 outlook will likely put some pressure on shares…we think our positive thesis on AMD as a 2H2019 7-nanometer third-generation Ryzen, Radeon RX 5700, and second-generation Epyc Rome server CPU product-cycle momentum/upside story is unchanged." His price target is $40So all in all, I think the recent drop in AMD stock is a good entry point: that is, for those investors with a long-term bent.Tom Taulli is the author of the upcoming book, Artificial Intelligence Basics: A Non-Technical Introduction. Follow him on Twitter at @ttaulli. As of this writing, he did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 A-Rated Stocks Under $10 * 8 Monthly Dividend Stocks to Buy for Consistent Income * 7 Disruptive Biotech Stocks to Buy for 2025 The post Despite the Plunge, Therea€™s No Need to Panic on AMD Stock appeared first on InvestorPlace.

  • Earnings Preview: Cray (CRAY) Q2 Earnings Expected to Decline
    Zacks

    Earnings Preview: Cray (CRAY) Q2 Earnings Expected to Decline

    Cray (CRAY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • Can AMD Stock Jump Higher on Q2 Earnings?
    InvestorPlace

    Can AMD Stock Jump Higher on Q2 Earnings?

    Wall Street loves turnaround stories. Over the years, investors in Advanced Micro Devices (NASDAQ:AMD) stock have been delighted with the price performance of their shares. I'm going to discuss the short- and long-term outlook of AMD stock, one of the darlings of Wall Street in 2019.Source: Shutterstock AMD stock is expected to report Q2 earnings on July 24. Year-to-date, the Santa Clara-based chip designer is up about 93%. Long-term, I believe AMD stock price is going to rise much more. However, in the short-term, as AMD stock and its peers get ready to release quarterly results, there could be increased volatility in the markets. * 7 Dependable Dividend Stocks to Buy I would encourage long-term investors to wait several weeks before buying AMD stock or hedge their positions if they currently own the stock.InvestorPlace - Stock Market News, Stock Advice & Trading Tips What to Expect From AMD Stock EarningsWhen AMD releases earnings in late July, Wall Street will pay attention to two segments: * Computing and Graphics and * Enterprise, Embedded and Semi-CustomOn April 30, Advanced Micro Devices reported its Q1 2019 earnings. Its profit of 6 cents per share came in slightly ahead of analysts' consensus outlook. In its Computing and Graphics segment, AMD's revenue tumbled 26% year-over-year (YoY) to $831 million. In the Enterprise, Embedded and Semi-Custom segment, its revenue fell 17% YoY to $441 million.Overall many analysts saw the Q1 earnings report as a sign that AMD is executing its strategic plans well. In the current quarter, AMD management expects its revenue to be about $1.52 billion, a decrease of approximately 13% YoY.Since late 2014, under the leadership of CEO Lisa Su, revenue has gone up and the company has been improving its balance sheet. Its debt has reduced and investors are hopeful that AMD stock can see positive cash flow soon. Over the next five years, analysts expect AMD to grow earnings by about 30% annually.As new frontiers in technology, such as the internet of things (IoT), artificial intelligence (AI), autonomous driving, and 5G are being developed, I am bullish on the future of Advanced Micro Devices, which has been quite successful in recent years. As a result, I am also upbeat on the long-term outlook of AMD stock.Yet, recent positive news from Advanced Micro Devices stock's earnings and its clients have been factored into AMD stock price. Until AMD's next earnings announcement, its stock is likely to become a battleground between long-term investors and short-term traders.AMD has a history of reporting mixed results. Therefore Wall Street is likely to be cautious going into earnings. AMD Stock Is Catching up With Its Main CompetitorsUntil 2019, Advanced Micro devices has mostly played catch-up with Nvidia (NASDAQ:NVDA) and Intel (NASDAQ:INTC). The market cap for NVDA and INTC stocks are $101 billion and $223 billion respectively. AMD stock's market cap stands at $37 billion.Nvidia has dominance in graphics processing units (GPUs) while Intel has been a leader in central processing units (CPUs), the computing engine of most computers and data centers. Graphics processing units accelerate central processing units, boosting the performance of video and graphics and improving computers' overall performance.In May, the U.S. Department of Energy announced that AMD and Cray (NASDAQ:CRAY) had been awarded a $600 million contract to develop the 'Frontier' supercomputer. Expected to become the world's fastest computer, Frontier will perform advanced calculations in areas like nuclear and climate research.The supercomputer will use AMD's EPYC CPUs, each of which will be connected to four of the company's Radeon Instinct GPUs. This important deal confirms that AMD is now a recognized industry leader. In other words, AMD has a roadmap to compete with Intel's dominant CPUs and Nvidia in the graphics-card space.In Q3 AMD is expected to start selling its 7-nanometer (nm) chips, rivaling Intel's 10nm, which will not be sold until the end of the year. With these smaller and more power-efficient chips, AMD is aiming to take market share from Intel, especially in data center business.As AMD launches its Navi graphics cards in Q3 featuring the company's 7-nanometer chips, management is confident that it will take GPU market share in the gaming segment from Nvidia.In short, Advanced Micro Devices has taken important steps to make the fundamental metrics of the company stronger and to catch up with its main competitors. What Could Derail AMD Stock Short-Term?Wall Street has recently been debating whether the semiconductor industry, which is highly competitive and cyclical, has entered a prolonged downturn. Could these chip stocks have reached their 2019 highs in the eyes of investors?For long-term investors, such gyrations in the sector are nothing new. Yet, in the coming weeks when many chip companies announce their earnings one after the other, any potential weak guidance that may be issued could lead investors to become bearish on semiconductor stocks.Wall Street is nervous that chip companies' upcoming results will be mixed. Analysts follow AMD's gross margin levels closely. The company expects its Q2 gross margin to be 41%, the highest in eight years. Therefore, any unexpected dip in the margin could easily push AMD stock price south.China is the leading consumer of semiconductors (more than 50%). On the other hand, U.S. chip companies lead the world with a combined global market share of nearly 50%. Furthermore, many technology companies either have manufacturing plants in China or use Chinese companies in their supply chains. Therefore, Wall Street fears that U.S. chip makers will be among the largest losers of the current trade war.Furthermore, analysts are debating whether Advanced Micro Devices stock is becoming overvalued. For example, its forward price-to-earnings-growth (PEG) ratio is about 2x. Similarly, AMD stocks's price-sales (P/S) ratio of about 6x is also quite high. To put the metric into perspective, the S&P 500's average price-sales ratio is 2.1. Should Investors Buy AMD Stock Prior to Earnings?As a result of the impressive run-up in AMD stock price in 2019, its short-term technical indicators have become quite "overbought." In June, in addition to the broader market rally, AMD stock got an analyst upgrade that gave a big boost to its price.If you are an investor who follows technical charts, AMD stock has strong resistance around the $34 level, where the stock is about to make a triple top. Therefore, if it cannot go and stay over $35 soon, some profit-taking is likely to occur.Because AMD is a momentum leader stock, investors should expect sizable daily swings in the AMD stock price. Technically AMD stock is known to make a series of rallies and consolidations. We can expect this trend to continue in July and August, too.If you already own Advanced Micro Devices stock, you might want to stay the course and hold onto your position. That said, if you are worried about short-term profit taking, then within the parameters of your portfolio allocation and risk/return profile, you may consider placing a stop loss at about 3%-5% below the current price point, to protect the profits you have already made from AMD stock.If you are an experienced investor in the options market, you may also consider using an Aug. 16 expiry at-the-money (ATM) covered call strategy. In that case, you may, for example, buy 100 shares of AMD at a limit price of $33 and sell an AMD Aug. 16 $33 call option, which currently trades at $2.4.The $33 option offers some downside protection in case of volatility and a decline of AMD stock price. It would also enable investors to participate in a potential up move. This call option would stop trading on Aug. 16 and expire on Aug. 17.I find AMD stock to be a buy candidate, especially as its price declines below $30. In a few years, I'd expect the shares to reach $40.As of this writing, the author holds INTC covered calls (July 19 expiry). More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dependable Dividend Stocks to Buy * 10 Stocks Driving the Market to All-Time Highs (And Why) * 7 Short Squeeze Stocks With Big Upside Potential The post Can AMD Stock Jump Higher on Q2 Earnings? appeared first on InvestorPlace.

  • GlobeNewswire

    INVESTOR RIGHTS ALERT: Halper Sadeh LLP Continues Investigating Whether the Sale of These Companies Is Fair to Shareholders; Investors Are Encouraged to Contact the Firm – MSL, GDI, CRAY

    NEW YORK, July 15, 2019 -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: MidSouth Bancorp, Inc. (NYSE: MSL)The.

  • Hawk Ridge Capital Management’s Return, AUM, and Holdings
    Insider Monkey

    Hawk Ridge Capital Management’s Return, AUM, and Holdings

    In 2005, David Brown decided it was time to launch his own long/short-focused asset management firm, and he did it with $4 million of initial capital, naming the fund Hawk Ridge Capital Management. Over the years the fund progressed, reaching $345.99 million in assets under management (at the end of 2016). The fund is headquartered […]

  • Business Wire

    CRAY INVESTOR ALERT by The Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Cray Inc. - CRAY

    Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC are investigating the proposed sale of Cray Inc. to Hewlett Packard Enterprise .

  • GlobeNewswire

    Bragar Eagel & Squire, P.C. Reminds Investors that it is Investigating the Boards of Directors of Barnes & Noble, El Paso Electric, Cray, and Isramco on Behalf of Stockholders and Encourages Investors to Contact the Firm

    NEW YORK, June 27, 2019 -- Bragar Eagel & Squire, P.C. reminds investors that it is investigating potential claims on behalf of stockholders of Barnes & Noble, Inc., El.

  • GlobeNewswire

    BIOS, CRAY, ZAYO SHAREHOLDER LEGAL UPDATE: Halper Sadeh LLP Announces Shareholder Class Actions Against the Following Companies – BIOS, CRAY, ZAYO

    NEW YORK, June 26, 2019 -- Halper Sadeh LLP, a global investor rights law firm, announces the filing of shareholder class action lawsuits against BioScrip, Inc. (NASDAQ: BIOS),.

  • GlobeNewswire

    Rigrodsky & Long, P.A. Files Class Action Suit Against Cray Inc.

    WILMINGTON, Del., June 24, 2019 -- Rigrodsky & Long, P.A.: Rigrodsky & Long, P.A. announces that it has filed a class action complaint in the United States District.

  • ACCESSWIRE

    CRAY, PETX SHAREHOLDER CLASS ACTIONS: Halper Sadeh LLP Announces Shareholder Class Actions Against Cray Inc. And Aratana Therapeutics, Inc. - CRAY, PETX

    NEW YORK, NY / ACCESSWIRE / June 24, 2019 / Halper Sadeh LLP, a global investor rights law firm, announces the filing of shareholder class action lawsuits against Cray Inc. (NASDAQ: CRAY) and Aratana Therapeutics, ...

  • UPDATE 3-U.S. bars China supercomputer firms, institute from buying American parts
    Reuters

    UPDATE 3-U.S. bars China supercomputer firms, institute from buying American parts

    The U.S. Commerce Department said on Friday it was adding several Chinese companies and a government-owned institute involved in supercomputing with military applications to its national security "entity list" that bars them from buying U.S. parts and components without government approval. The export restriction announcement adding the firms to what is effectively a trade blacklist is the latest effort by the Trump administration to restrict the ability of Chinese firms to gain access to U.S. technology amid an ongoing trade war. The department said it was adding Sugon, the Wuxi Jiangnan Institute of Computing Technology, Higon, Chengdu Haiguang Integrated Circuit and Chengdu Haiguang Microelectronics Technology - along with numerous aliases of the five entities - to the list over concerns about military applications of the supercomputers they are developing.

  • GlobeNewswire

    Cray Supercomputer to Accelerate Environmental Genomics Research at Singapore Centre for Environmental Life Sciences Engineering

    Global supercomputer leader Cray Inc. (CRAY) today announced that the Singapore Centre for Environmental Life Sciences Engineering (SCELSE), a renowned Research Center of Excellence at Nanyang Technological University, Singapore (NTU Singapore), has awarded the company a contract for a Cray® CS500™ cluster supercomputer. SCELSE will use the supercomputer for fast tracking its environmental meta-omics projects. SCELSE’s research into understanding and controlling environmental microbial communities requires incredibly complex data analysis on a large scale.

  • GlobeNewswire

    Swiss Federal Office of Meteorology and Climatology Advances Weather Forecasting With New Cray Supercomputer and Storage

    Today at the 2019 International Supercomputing Conference in Frankfurt, Germany, global supercomputer leader Cray Inc. (CRAY) announced that the Swiss National Supercomputing Centre (CSCS) is adding a third Cray® CS-Storm™ supercomputer with Cray ClusterStor® storage to support the development of cutting-edge weather service products at the Swiss Federal Office of Meteorology and Climatology (MeteoSwiss). The new CS-Storm system will join two Cray supercomputers already on site at CSCS, used by MeteoSwiss to run production weather forecasting.

  • GlobeNewswire

    Cray to Deliver First Exabyte Storage System for the Frontier Exascale System at ORNL

    Global supercomputer leader Cray Inc. (CRAY) today announced that, as part of the Frontier CORAL-2 contract with the Department of Energy (DOE) and Oak Ridge National Lab (ORNL), Cray and ORNL have agreed to build a first-of-a-kind exabyte storage solution. The next generation Cray® ClusterStor® storage file system will be integrated as part of ORNL’s Frontier exascale supercomputer, built on Cray’s Shasta™ architecture.