Silicon Image Inc. (SIMG) reported second quarter non-GAAP net income of $0.03 per share after the bell Tuesday, compared to the loss of $0.06 per share last year.
Silicon Image gapped up sharply Wednesday and climbed until the middle of the morning. Shares advanced further late in the afternoon and closed up by 1 point at $4.35 on the highest volume of the year. The stock broke out past resistance and set a new high for the year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.