Today: 19 May 2026
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NASDAQ:LASR 30 December 2025 - 8 May 2026

nLIGHT Stock Jumps as Defense Laser Sales Drive 55% Revenue Surge

nLIGHT Stock Jumps as Defense Laser Sales Drive 55% Revenue Surge

nLIGHT Inc shares jumped 10.3% to $72.98 Friday after reporting a 55.2% surge in Q1 revenue to $80.2 million and a swing to a $645,000 profit, driven by record defense sales. Aerospace and defense accounted for $55.1 million, or nearly 69% of total revenue. The company launched its HADES high-energy laser system for military use. Cash holdings rose to $298.2 million after a February stock offering.
nLIGHT stock jumps as laser maker tees up 70kW weapon demo in Saudi show

nLIGHT stock jumps as laser maker tees up 70kW weapon demo in Saudi show

nLIGHT shares rose 6.3% to $48.50 Monday after the company said it will debut a 70kW-class laser weapon system at the World Defense Show in Riyadh next week. Trading volume hit 650,000 shares. The company recently leased more space in Colorado to expand laser production and expects Q4 revenue above prior estimates, with $24–25 million tied to defense projects.
Lumentum stock rebounds today after Monday slide as year-end trading stays thin

Lumentum stock rebounds today after Monday slide as year-end trading stays thin

Lumentum shares rose 1.3% to $377.59 in midday trading Tuesday, recovering part of Monday’s 4.65% slide. Trading volume was about 800,000 shares, with the stock moving between $370 and $380.32. Optical-component peers were mixed, as Applied Optoelectronics gained and IPG Photonics slipped. Investors cited thin holiday liquidity and awaited U.S. economic data for direction.

Stock Market Today

  • Citi Raises Intel Stock Price Target to $130 on Agentic AI-Driven CPU Demand
    May 19, 2026, 6:58 AM EDT. Citi analyst Atif Malik raised Intel's price target to $130 from $95, projecting a 37% increase driven by a new CPU market model targeting 2030. Citi expects the server CPU market to reach $132 billion by 2030, fueled by growing demand for CPUs in agentic AI-AI software acting autonomously, requiring intensive CPU usage. Intel's strong position in data center server CPUs and its ASIC business, including Mount Evans infrastructure processing units used by Google and Anthropic, underpin this bullish outlook. Intel is reportedly sold out on server CPUs for 2026 and considering price hikes of 10-15%, indicating robust demand beyond cyclical trends, supporting Citi's upgraded forecast.

Latest articles

Standard Chartered’s Push Into AI May Cut 7,000 Jobs as Bank Looks for 18% Returns

Standard Chartered’s Push Into AI May Cut 7,000 Jobs as Bank Looks for 18% Returns

19 May 2026
Standard Chartered will cut over 7,000 jobs by 2030 and aims for an 18% return on tangible equity, focusing on AI and automation to boost efficiency. The bank reported record Q1 operating income of $5.9 billion and profit before tax of $2.5 billion. Job cuts will mainly affect corporate and support roles in hubs like Bengaluru, Tianjin, and Warsaw. The bank seeks to attract $200 billion in new wealth by 2028.
AEP Stock Moves as 13F Filings Add More Questions

AEP Stock Moves as 13F Filings Add More Questions

19 May 2026
Institutional holdings in American Electric Power fell by March 31, with Northwestern Mutual Wealth Management, Allworth Financial, and Lockheed Martin Investment Management all reporting smaller stakes than at year-end. AEP raised its five-year capital plan to $78 billion this month, citing rising demand from data centers and industry. The company priced a 23.5 million share offering at $127 each after reporting first-quarter operating earnings of $1.64 per share.

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ServiceNow Jumps After Wall Street Shifts AI View

ServiceNow Jumps After Wall Street Shifts AI View

19 May 2026
ServiceNow shares surged 8.8% to $103.42 Monday after Bank of America reinstated coverage with a Buy rating and $130 target. Volume hit 50.74 million shares, nearly double the average. The move contrasted with a broader tech selloff as the Nasdaq fell 0.51%. ServiceNow remains down about a third this year despite strong Q1 subscription revenue and raised guidance.
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