Several information technology stocks moved significantly in Tuesday's intraday session. Gainers included U-BX Technology, Inseego, 3 E Network, CLPS, and Global Engine Group, with U-BX Technology stock rising 16.3% to $3.74. Losers included Thumzup Media, Creative Global Tech, BTCS, Soluna Holdings, Nano Labs, and Applied Optoelectronics, with Applied Optoelectronics stock falling 12.99% to $22.74.
Several information technology stocks experienced significant intraday movements on Tuesday, July 2, 2025. Among the gainers were U-BX Technology, Inseego, 3 E Network, CLPS, and Global Engine Group, with U-BX Technology stock rising 16.3% to $3.74. Conversely, Thumzup Media, Creative Global Tech, BTCS, Soluna Holdings, Nano Labs, and Applied Optoelectronics were notable losers, with Applied Optoelectronics stock falling 12.99% to $22.74.
Inseego Corp. (NASDAQ: INSG) and OneSource have formed a strategic partnership to launch Janus, a managed service offering wireless broadband access for enterprises. This partnership aims to address the growing 5G Fixed Wireless Access (FWA) market opportunity and meet diverse connectivity needs. The Janus service integrates Inseego's 5G FWA devices with OneSource's service, providing high-performance, reliable connectivity. This collaboration underscores Inseego's commitment to innovation and growth in the FWA space [1].
Applied Optoelectronics, Inc. (NASDAQ: AAOI) reported a loss of $0.16 per share for its latest quarter, falling short of analysts' expectations despite a significant 137.9% year-over-year revenue increase. CEO Chih-Hsiang (Thompson) Lin acquired 8,850 shares at $22.53 each, increasing his total ownership to 1,652,165 shares valued at approximately $37.2 million. Institutional investors have also raised their stakes in Applied Optoelectronics, with Nisa Investment Advisors increasing their holdings by 497.5% during the second quarter [2].
The partnership between Inseego and OneSource is part of a broader trend in the telecommunications industry, where strategic alliances are driving the development of scalable and cost-effective broadband solutions. As the demand for reliable and high-performance connectivity continues to grow, the Janus service positions itself as a compelling solution for enterprises seeking to leverage the benefits of 5G FWA. The partnership between Inseego and OneSource is set to create new opportunities for both companies and investors in the rapidly evolving telecommunications landscape.
References:
[1] https://www.ainvest.com/news/inseego-onesource-partner-address-growing-5g-fwa-market-opportunity-janus-solution-2508/
[2] https://www.marketbeat.com/instant-alerts/applied-optoelectronics-inc-nasdaqaaoi-ceo-chih-hsiang-thompson-lin-acquires-8850-shares-2025-08-14/
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