Optical and Networking Stocks Fall, With Lumentum Down Nearly 10%
Optical and networking shares were among Monday’s leading decliners. Lumentum fell nearly 10%; the moves could partly reflect recent cautious commentary on AI spending.
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Optical and networking shares were among Monday’s leading decliners. Lumentum fell nearly 10%; the moves could partly reflect recent cautious commentary on AI spending.
examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories. U.S. stocks made weekly gains despite a volatile finish, as record-high Treasury yields, rising oil prices, and fresh doubts about the artificial intelligence boom weighed on investor sentiment. The
It is a make-or-break week for the AI trade. After the market shrugged off strong results from Advanced Micro Devices Inc. (NASDAQ: AMD ), SanDisk Corp. (NASDAQ: SNDK ) and Western Digital Corp. (NASDAQ: WDC ) last week, a smaller but no less volatile group of names takes the spotlight between Monday and Friday. The he