W

Lumentum sees sales more than double as AI demand swells

Business Management
Share
Lumentum sees sales more than double as AI demand swells

Though Lumentum posted blowout earnings and an upbeat forecast, its stock was largely flat after hours.

Lumentum sees sales more than double as AI demand swells

Source：MarketWatch

Disclaimer：Please read market information rationally and stay aware of investment risks. All content on this site is for informational purposes only and does not constitute investment advice.

Related Reading

Coinbase downgraded at Morgan Stanely; price target slashed 53% on weak earnings outlook

Analyst Michael Cyprys cited weak crypto trading activity and doubts about an earnings recovery. Source：CoinDesk

Oracle’s stock falls as the company details plan to raise $20 billion

Oracle has been borrowing money and issuing stock to help finance its AI cloud growth. Source：MarketWatch

‘It seems bizarre’: We’re in our 80s with $950,000 in traditional IRAs. Why is our adviser pushing us to do Roth conversions?

“Our basic living expenses are covered by $110,000 in annual pensions and Social Security.” Source：MarketWatch

Tokenization firm tZERO plans to go public in $350 million SPAC deal

The digital securities firm plans to list on NYSE American under TZRO early next year after more than a decade building blockchainbased trading infrastructure.…

Source：https://www.marketwatch.com/story/lumentum-sees-sales-more-than-double-as-ai-demand-swells-6ebe6ef1