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nLIGHT Inc. Shares Hover Near Recent Highs as Defense Focus and Analyst Upgrades Drive Momentum

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Robinhood co-founder Baiju Bhatt (left) and moderator Josh Constine (right)

nLIGHT, Inc. (NASDAQ: LASR), a leading provider of high-power semiconductor and fiber lasers for directed energy, optical sensing and advanced manufacturing, saw its stock maintain strength in mid-March 2026 trading, closing at $62.60 on March 13 amid continued investor enthusiasm following strong 2025 results and bullish analyst coverage.

nLIGHT, Inc
nLIGHT, Inc

The shares, which have surged dramatically from a 52-week low of $6.20 to a high of $69.52, traded in a daily range of $61.87 to $64.87 on March 13 with volume of about 1.06 million shares. After-hours activity dipped slightly to $62.10, reflecting a modest -0.80% pullback, but the stock remains up significantly year-to-date, benefiting from a pivot toward high-margin defense applications and away from commoditized industrial segments.

nLIGHT’s transformation story gained traction after its Feb. 26, 2026, earnings release, which delivered record fourth-quarter revenue of $81.2 million — a 71% year-over-year increase — and full-year 2025 revenue of $261.3 million, up 32%. The company posted adjusted earnings per share of $0.14 for the quarter, beating consensus estimates by $0.03, while narrowing its net loss. Aerospace and defense revenue hit a record $175 million for the year, up 60% from 2024, underscoring the success of contracts in directed energy weapons and optical sensing for military platforms.

The earnings beat triggered a wave of positive revisions. Baird initiated coverage March 4 with an Outperform rating and a $95 price target, citing nLIGHT’s “strong tech stack” in high-energy lasers and its positioning in growing defense budgets. Roth Capital raised its target to $74 from $55 earlier in March, while other firms maintained Moderate Buy consensus ratings with averages around $58-$70 pre-surge levels. Analysts highlight nLIGHT’s vertically integrated capabilities — from semiconductor chips to full laser systems — as a differentiator in mission-critical applications where reliability and power output are paramount.

A key strategic move announced in late 2025/early 2026 involved exiting lower-margin cutting and welding markets, expected to create a $25 million to $30 million annual revenue headwind mostly phased out by the second half of 2026. To fund expansion, including a new 50,000-square-foot manufacturing facility in Longmont, Colorado, nLIGHT completed a follow-on equity offering in February 2026, initially raising about $175 million before underwriters exercised their full option for an additional $26 million, totaling roughly $201 million in gross proceeds.

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The capital infusion supports R&D in high-energy laser weapon systems and supply-chain resilience, areas executives emphasized during investor conferences in March. nLIGHT management participated in multiple events, including the Raymond James 47th Annual Institutional Investors Conference and others, where presentation materials highlighted progress in directed energy programs and partnerships with U.S. Department of Defense primes.

Institutional interest remains robust. Recent filings show new positions, such as Pier Capital LLC acquiring 132,726 shares worth about $3.93 million in late 2025 activity, contributing to institutional ownership around 83.9%. The stock’s rally has boosted market capitalization to approximately $3.50 billion as of March 13, up more than 50% in the past month and over 80% over the trailing 12 months.

Despite the gains, challenges linger. nLIGHT continues to report operating losses on a GAAP basis, though adjusted metrics show improvement. Guidance for the first quarter of 2026 called for revenue of $70 million to $76 million, gross margins of 27% to 32% and adjusted EBITDA of $5 million to $10 million, reflecting a transitional period as industrial revenue declines are offset by defense growth.

The laser sector benefits from broader trends: increasing defense spending on directed energy for counter-drone and missile defense, plus demand for precision optical systems. Competitors in the space include IPG Photonics and Coherent, but nLIGHT’s focus on semiconductor-based high-power lasers positions it uniquely for next-generation weapons.

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On March 2, 2026, nLIGHT announced it would showcase high-energy laser weapon solutions at the Pacific Operational Science & Technology Conference, reinforcing its defense credentials. No major new announcements emerged in the immediate lead-up to March 16 trading, but the stock’s performance reflects sustained momentum from the earnings tailwind and analyst endorsements.

Looking ahead, investors watch for updates on defense contract wins, progress on the Longmont facility ramp-up and any signs of accelerated adoption in directed energy programs. With shares trading well above prior targets but below Baird’s ambitious $95 call, nLIGHT remains a high-conviction name for those betting on the intersection of laser technology and national security priorities.

As of March 16, 2026, with markets closed in some time zones but U.S. pre-market indications stable, nLIGHT’s trajectory illustrates a classic growth rebound: from pandemic-era lows to defense-driven highs. Whether the rally sustains depends on execution in a competitive, capital-intensive field — but for now, the laser specialist continues to shine brighter on Wall Street.

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Form DEF 14A CSB BANCORP INC /OH For: 16 March

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Form DEF 14A CSB BANCORP INC /OH For: 16 March

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Oil Price Today (March 17): Crude oil gains 2%, at $103 as Strait of Hormuz tensions linger. Experts weigh in

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Oil Price Today (March 17): Crude oil gains 2%, at $103 as Strait of Hormuz tensions linger. Experts weigh in
Crude oil prices climbed more than 2% on Tuesday, bouncing back from losses posted in the previous session as concerns over supply resurfaced with the Strait of Hormuz largely shut and U.S. allies declining calls to deploy warships to escort tankers through the key shipping route.

European nations have declined to deploy warships to the Strait of Hormuz, even as US President Donald Trump warned that NATO could face “a very bad future” if member countries do not step in to help reopen the crucial shipping route.

Crude oil price on March 17

Brent crude futures rose $2.48, or 2.5%, to $102.69 per barrel at 0058 GMT, while U.S. West Texas Intermediate (WTI) crude gained $2.42, or 2.6%, to $95.92 per barrel.The Strait of Hormuz, a key chokepoint that handles about 20% of global oil and liquefied natural gas trade, has been largely disrupted by the US-Israel war on Iran, which has now entered its third week. The disruption has heightened fears of supply shortages, rising energy costs and higher inflation.

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Several U.S. allies also pushed back against Donald Trump’s request on Monday to send warships to escort shipping through the Strait of Hormuz. The move drew criticism from the U.S. president, who accused Western partners of ingratitude despite decades of American support.
The effective closure of the strait has forced the United Arab Emirates, the third-largest producer in the Organization of the Petroleum Exporting Countries, to shut in production. As a result, its output has fallen by more than half, two sources told Reuters.
Meanwhile, the head of the International Energy Agency said member countries could release more oil to help ease rising energy costs, in addition to the 400 million barrels they have already agreed to draw from strategic reserves.

Where are prices headed?

Experts say oil prices could climb further if geopolitical tensions persist. Global crude prices may rise to $120 per barrel in the near term and could even reach $150 per barrel if the war continues for more than a month and tensions in West Asia remain elevated, according to Kayanat Chainwala, Assistant Vice President at Kotak Securities.

She added that crude prices below $110 per barrel can largely be managed within India’s current tax framework, giving the government some flexibility to absorb the impact.

However, if prices move into the $110 to $125 per barrel range, fiscal flexibility would start to tighten and earnings divergence across companies in the oil and gas sector could widen, says Elara Securities.

If crude prices climb above $125 per barrel, broader stress could emerge in the system. Earnings of oil marketing companies may weaken sharply, LPG subsidy burdens could rise significantly, and risks to LNG throughput may increase. In such a situation, the chances of policy intervention would also grow, it added.

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(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

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Investar holding director Jordan buys $41k in shares

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Investar holding director Jordan buys $41k in shares

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How to Select the Right Industrial Adhesive for Manufacturing

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How to Select the Right Industrial Adhesive for Manufacturing

Manufacturing depends on reliable bonding to keep products strong, stable, and durable. Industrial adhesives play a key role in modern assembly because they help manufacturers create secure connections while maintaining efficient production.

When used correctly, they can improve product quality, support cleaner assembly, and contribute to more consistent manufacturing outcomes.

However, selecting the right adhesive requires careful consideration. Not every adhesive performs the same way, and choosing the wrong one can affect product reliability, production efficiency, and long-term performance.

Read on to learn how to select the right industrial adhesive for manufacturing and make more confident decisions for your production process.

Review Application Method and Production Efficiency

The adhesive should integrate smoothly with the existing manufacturing process. Application techniques and curing requirements influence both consistency and production speed.

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The following factors help manufacturers select an adhesive that supports efficient assembly operations.

Dispensing method

Adhesives may be applied through manual applicators, automated dispensers, or precision spray systems. Each method requires a product with the correct viscosity and flow behavior. An adhesive that dispenses evenly helps maintain consistent bead size, accurate placement, and minimal material waste across large production runs.

Curing process

Different adhesives cure under different conditions, including room temperature, heat, pressure, or ultraviolet light. Production facilities must confirm that their equipment can support the curing method required for the selected adhesive. Many manufacturers also consult adhesive specialists when evaluating curing requirements.

Working with experienced suppliers such as directadhesives.co.uk or another trusted industrial adhesive provider can help identify products that align with available curing systems and production schedules. Their guidance often helps prevent delays caused by incompatible curing conditions.

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Working time

Working time refers to how long the adhesive remains usable after application before curing begins. Assembly lines that involve multiple positioning steps may require longer open times to allow proper alignment of components. Shorter working times may suit high-speed automated lines where parts are positioned immediately after dispensing.

Understand the Materials Being Bonded

Material compatibility strongly influences adhesive performance. Different substrates interact with adhesives in unique ways, affecting how well a bond forms and how long it lasts.

Here are the factors that help manufacturers assess whether an adhesive will perform reliably with specific materials.

Substrate type

Each material responds differently to adhesive formulations. Metals such as steel or aluminum often bond well with structural epoxies or acrylics, while plastics, rubber, and composites may require adhesives designed specifically for those surfaces. Understanding the material composition helps narrow product choices and reduces the risk of weak or inconsistent bonding.

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Surface energy

Surface energy affects how easily an adhesive spreads across a material. High surface energy materials like aluminum, stainless steel, and glass typically allow adhesives to wet and bond effectively. Low surface energy plastics such as polyethylene or polypropylene resist adhesive spread, which may require primers, surface treatments, or adhesives formulated for these substrates.

Surface condition

The condition of the bonding surface has a direct impact on adhesion strength. Contaminants such as oil, dust, oxidation, and protective coatings can interfere with proper bonding. Cleaning, abrasion, or other preparation methods help create a more stable surface, allowing the adhesive to contact the material evenly.

Evaluate Environmental and Operating Conditions

Adhesives must retain their performance after assembly, even when exposed to demanding environments. Temperature fluctuations, from extreme heat to cold storage, can affect the structural integrity of a bond. Selecting adhesives rated for the expected temperature range ensures that bonds remain strong and reliable throughout the product’s lifecycle.

In addition to temperature, chemical exposure plays a critical role in bond durability. Contact with fuels, oils, solvents, or cleaning agents can weaken certain adhesives, causing them to degrade prematurely. Choosing chemical-resistant formulations helps maintain long-term performance, especially in industrial or automotive applications where exposure is frequent.

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Moisture and physical stress also influence adhesive effectiveness. Products used outdoors or in high-humidity settings require adhesives that resist water penetration and prevent bond failure.

Consider Strength, Flexibility, and Performance Requirements

After evaluating materials and environmental conditions, it is essential to define the mechanical demands of the adhesive. High bond strength ensures that components under stress, including tensile and shear forces, remain firmly secured. Choosing an appropriate formulation helps maintain structural stability and prevents early failure under load.

Equally important is the ability of the adhesive to tolerate movement. Parts that expand, contract, or experience minor shifts during use require adhesives that adapt without breaking or losing adhesion. Flexible formulations absorb stress and extend the service life of bonded assemblies.

Additionally, surface irregularities and production timing influence performance. Adhesives that fill gaps or uneven surfaces provide a uniform connection, reducing potential weak spots.

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Final Thoughts

Choosing the right industrial adhesive requires careful evaluation of several factors. Materials, operating conditions, mechanical performance, and production methods all influence which adhesive will perform best. A thorough assessment allows manufacturers to narrow their options and select adhesives designed for their specific application.

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Video shows Tesla nearly drive mom and baby off bridge, lawsuit claims

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Video shows Tesla nearly drive mom and baby off bridge, lawsuit claims

A Houston woman sued Tesla last month after she says her Cybertruck, allegedly operating in self-driving mode, was captured on camera nearly sending her and her infant off a bridge before ultimately crashing into an overpass barrier. 

The woman, who claims she suffered multiple injuries in the August 2025 incident, is suing Tesla for $1 million in a liability and negligence case, according to the lawsuit.

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“On August 18, 2025, our client Justine Saint Amour was driving her Tesla Cybertruck on Houston’s 69 Eastex Freeway with autopilot engaged,” Attorney Bob Hilliard said in a statement to FOX Business.

“Something terrifying happened, without warning, the vehicle attempted to drive straight off an overpass.”

ELON MUSK REVEALS PRICE OF TESLA’S CYBERCAB

destroyed black cybertruck on highway

A Tesla Cybertruck was destroyed in an autopilot-related crash in Houston, a lawsuit claims. (Hilliard Law / Fox News)

In the dashcam video of the incident, driver Justine Saint Amour was in a Cybertruck that was expected to follow a right-hand curve of a Y-shaped overpass. 

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The car then appeared to barely turn, continuing straight ahead, before violently crashing into a concrete barrier on the overpass. As it ricocheted from the impact, parts of the vehicle were seen flying off.

Amour’s attorney added that just before the crash, she disengaged the driver-assistance feature and tried to take control of the wheel. However, the vehicle was already too far in motion for any intervention to be effective, the law firm indicated. 

“She tried to take control, but crashed into the barrier and was seriously injured (mostly her shoulder, neck, and back),” Hilliard said. 

Saint Amour suffered serious injuries to her right shoulder, neck and back, including two herniated discs in her lower back and one in her neck, the Austin American-Statesman reported, citing Hilliard Law. Saint Amour also sprained the tendons in her wrist and suffered nerve damage to her right hand, which can cause numbness, a burning sensation and overall weakness, the lawsuit claimed. 

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Local outlet Khou 11 added that her 1-year-old child was also in the backseat during the incident but was unharmed.

TESLA DODGES CALIFORNIA LICENSE SUSPENSION AFTER DROPPING MISLEADING ‘AUTOPILOT’ MARKETING TERMS

gif of dashcam video showing car crashing into overpass barrier

Dashcam video captured a Cybertruck reportedly on autopilot driving directly toward an overpass barrier, according to a lawsuit. (Hilliard Law / Fox News)

The lawsuit alleged that Tesla misrepresented the capabilities of its driver-assistance system and was negligent in the design of its “Autopilot” feature. It also claimed that the company failed to incorporate safety mechanisms such as more effective emergency braking systems or liDAR, a sensing technology that measures distances.

“Tesla’s self driving relies on cheap video cameras alone, with no LiDar,” Hilliard said. “The vehicle also lacks a proper driver alert system to ensure drivers are ready to take over driving.”

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Hilliard Law posted a statement on social media last Wednesday, saying “Tesla could have avoided all of this by not cutting corners.”  

“Tesla’s decisions made Justine’s accident inevitable,” Hilliard added. “This company wants drivers to believe and trust their life on a lie: that the vehicle can self-drive and that it can do so safely. It can’t, and it doesn’t.”

The lawsuit, filed in Harris County District Court, comes as Tesla was recently forced to comply with California regulations over false advertising claims related to its “Autopilot” feature. 

The case, filed by the California DMV in 2022, alleged that Tesla misleadingly marketed its advanced driver assistance systems as autonomous driving technology under the names “Autopilot” and “Full Self-Driving.”

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app footage of cybertruck driving

The crash happened on Aug. 18, 2025, in Houston, Texas.  (HIlliard Law / Fox News)

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While the automaker attempted to challenge the ruling, it ultimately adjusted the system’s “Navigate on Autopilot” name to “Navigate on Autosteer,” among other rebranding changes.  

Tesla’s shift is part of a high-stakes effort to protect its business while aggressively expanding its fleet of Robotaxi services, including the recent launch of the Cybercab — a fully autonomous ride-hailing vehicle designed without a steering wheel, pedals or any physical controls. 

FOX Business reached out to Tesla for comment, but did not hear back.

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Fuel suppliers hauled in for explanation over prices

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Fuel suppliers hauled in for explanation over prices

Fuel suppliers will have “the book thrown at them” if they are found to be profiteering off the conflict in the Middle East, the government says.

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Ex-Wallaby-backed oat mill approved

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Ex-Wallaby-backed oat mill approved

An assessment panel spent only 10 minutes to approve an oat mill in Oakford, a multi-million-dollar project backed by former international rugby player Dane Haylett-Petty.

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Form 4 Target Corporation For: 16 March

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Form 4 Target Corporation For: 16 March

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Amanda Healy sheds light on next moves for Warrikal

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Amanda Healy sheds light on next moves for Warrikal

The co-founder and former chief executive of WA’s largest Indigenous-owned contractor Warrikal, Amanda Healy, has opened up on the challenges facing its future.

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AI firm Anthropic seeks weapons expert to stop users from ‘misuse’

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AI firm Anthropic seeks weapons expert to stop users from 'misuse'

A similar position has been advertised by ChatGPT developer OpenAI. On its careers website, it lists a job vacancy for a researcher in “biological and chemical risks”, with a salary of up to $455,000 (£335,000), almost double that offered by Anthropic.

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