The Latest Breaking News from On

The market rally had big gains in a critical week. Apple and Exxon flashed aggressive buys. China EV sales rose vs. a year earlier.

BENGALURU: P. Shroff-trained Theon (P.S. Chouhan up) won the Bangalore St. Leger, the chief event of

ON Semiconductor (NASDAQ:ON) has outperformed the market over the past 5 years by 21.25% on an annualized basis producing an average annual return of 29.98%. Currently, ON Semiconductor has a market capitalization of $24.31 billion.

Futures tumbled, threatening to wipe out Wednesday's market rally in a day two reaction to the biggest Fed rate hike since 1994.

The acceleration in digital transformation across industries has been a significant tailwind for tech companies amid the pandemic. Although the Fed tightening monetary policy has kept the tech sector under pressure, analysts are bullish on its long-term prospects. Thus, we think fundamentally strong tech stocks Fair Isaac (FICO), ON Semiconductor…

The stock market has recently witnessed significant volatility due to macroeconomic and geopolitical headwinds. However, Keurig Dr Pepper (KDP) and ON Semiconductor (ON) are joining the S&P 500 this month, indicating their strong fundamentals and high liquidity. So, it could be wise to add these stocks to your portfolio.

Someone with a lot of money to spend has taken a bullish stance on ON Semiconductor (NASDAQ:ON). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Futures plunge, yields jump and Bitcoin dives as markets mull stagflation risks and a supersized Fed rate hike this week.

If history is any guide, there may be trouble ahead for shares of ON Semiconductor (NASDAQ:ON). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.