Fiber-Optic Connectivity Shares Trade Lower
Fiber-optic connectivity shares are lower amid elevated Treasury yields and increased Fed rate-hike expectations following this week's inflation data.
Site Search
Search market news
Find public news by keyword, exact ticker, category and date.
Matching instruments
Open a ticker page for its news coverage. The news search below stays a text search.
News Feed
7 results loaded, newest first. End of these results. The latest changes are still being indexed. Try again shortly for updated results.
Fiber-Optic Connectivity Shares Trade Lower
Fiber-optic connectivity shares are lower as Treasury yields and Fed rate-hike expectations rise following inflation data.
Corning discloses multi-billion Verizon fiber agreement
Corning disclosed a multi-billion dollar agreement with Verizon covering more than 80 million miles of high-density optical fiber and connectivity solutions from 2027 to 2032.
Fabrinet issues Q1 GAAP EPS guidance below estimates
Fabrinet issued Q1 GAAP EPS guidance below estimates as shares of fiber optic connectivity companies trade lower amid inflation fears and soaring bond yields.
Coherent and Lumentum shares fall as investors rotate out
Shares of fiber optic connectivity companies trade lower as investors assess valuations after Coherent and Lumentum posted better-than-expected Q4 results and strong guidance amid rising expectations and growing capex outlays.
Corning’s 15% Crash Hits a Lesser-Known AI Trade: These ETFs Are Under Pressure
The AI infrastructure trade faced a sharp reality check Tuesday as a selloff in optical component stocks spread to ETFs targeting a key but less-discussed part of the artificial intelligence boom: fiber optics and photonics. Shares of glass and fiber optics giant Corning Inc (NYSE: GLW ) plunged 15% after the company r
What's Driving Verizon Stock Thursday After Dow Jones Exit?
Verizon Communications Inc (NYSE: VZ ) shares are up by about half a percent during Thursday’s premarket session as traders continue digesting the company’s Dow Jones Industrial Average exit and the expected one-time charges tied to its new international joint venture. Here’s what investors need to know. Verizon Commun