Today: 21 May 2026
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NASDAQ:LITE 28 February 2026 - 17 May 2026

CoStar Set to Drop from Nasdaq-100 Monday: What’s Next for CSGP Holders

CoStar Set to Drop from Nasdaq-100 Monday: What’s Next for CSGP Holders

CoStar closed at $32.68 Friday, up 2.6%, with trading volume surging ahead of its removal from the Nasdaq-100. Nasdaq said Lumentum will replace CoStar in the index before Monday’s open. Index funds tracking the Nasdaq-100 may adjust holdings as a result. CoStar’s first-quarter revenue rose 23% to $897 million, but its residential segment posted a $29 million adjusted EBITDA loss.
17 May 2026
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Lumentum’s Nasdaq-100 Breakthrough Turns AI Optics Stock Into Must-Watch Index Trade

Lumentum’s Nasdaq-100 Breakthrough Turns AI Optics Stock Into Must-Watch Index Trade

Lumentum Holdings will enter the Nasdaq-100 on May 18, replacing CoStar Group. Lumentum shares were indicated at $903.80 early Monday, valuing the company at about $86.9 billion after a 145% gain this year. The company reported fiscal Q3 revenue up 90% to $808.4 million and forecast Q4 revenue up to $1.01 billion. Nvidia recently invested $2 billion in Lumentum and made a multibillion-dollar purchase commitment.
11 May 2026
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Coherent Corp Stock Just Rebounded — But Its AI Optics Margin Test Is Not Over

Coherent Corp Stock Just Rebounded — But Its AI Optics Margin Test Is Not Over

Coherent shares closed at $335.26 Friday, up 5.03% after the company forecast fourth-quarter revenue above analyst estimates. Third-quarter revenue rose 21% to $1.81 billion, with 75% from its data-center and communications segment. CEO Jim Anderson said indium phosphide supply remains a constraint but expects capacity to double sooner than planned. Nvidia invested $2 billion in March and signed a multi-year purchase agreement.
10 May 2026
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Why Lumentum’s 90% AI Sales Surge Still Sent Its Stock Lower

Why Lumentum’s 90% AI Sales Surge Still Sent Its Stock Lower

Lumentum Holdings shares dropped 5% after reporting fiscal Q3 revenue of $808.4 million, up 90% year over year, and beating profit estimates but missing revenue expectations. Nvidia’s $2 billion investment in March deepened Lumentum’s role in AI data center supply chains. CEO Michael Hurlston said demand for high-speed lasers outpaces supply by over 30%. The company guided Q4 revenue to $960 million–$1.01 billion.
7 May 2026
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Lumentum Stock Is Up 1,400%: Wall Street Just Raised the AI Bet Before Earnings

Lumentum Stock Is Up 1,400%: Wall Street Just Raised the AI Bet Before Earnings

Lumentum shares traded near $1,016 Tuesday, up 4%, after Stifel and Loop Capital raised price targets to $1,100 and $1,400 ahead of the company’s fiscal Q3 report. The stock has surged 1,444% over the past year. Lumentum previously guided for Q3 revenue of $780 million to $830 million and adjusted earnings of $2.15 to $2.35 a share. Results are due after the market close.
5 May 2026
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Lumentum Stock Nears $960 After JPMorgan, Mizuho Raise Targets on Nvidia AI Optics Demand

Lumentum Stock Nears $960 After JPMorgan, Mizuho Raise Targets on Nvidia AI Optics Demand

Lumentum shares climbed Thursday after JPMorgan raised its price target to $950, following Mizuho’s hike to $930. The moves come after Nvidia agreed last month to invest $2 billion in Lumentum and make multibillion-dollar purchase commitments. Lumentum reported February quarter revenue of $665.5 million, up 65.5% year-over-year. An SEC filing showed Lumentum will swap 5.7 million shares for $474.6 million in convertible notes.
9 April 2026
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Lumentum Back in Focus Ahead of Earnings as AI Optics Bottleneck Trade Gathers Pace

Lumentum Back in Focus Ahead of Earnings as AI Optics Bottleneck Trade Gathers Pace

Lumentum Holdings will report fiscal Q3 results on May 5. Shares fell 1.3% after recent gains tied to Nvidia’s $2 billion investment and purchase commitment for advanced laser components. Fiscal Q2 revenue rose to $665.5 million from $402.2 million a year earlier, driven by demand for optical circuit switches. Lumentum recently acquired a North Carolina facility to expand optical device production.
6 April 2026
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Lumentum Stock Jumps on AI Optics Forecast at OFC Despite Nvidia’s Copper Stance

Lumentum Stock Jumps on AI Optics Forecast at OFC Despite Nvidia’s Copper Stance

Lumentum shares jumped as much as 14.3% Wednesday after the company projected a path to $1.25 billion in quarterly revenue, citing surging AI data-center demand. Nvidia recently agreed to invest $2 billion each in Lumentum and Coherent, tying both firms to its next wave of AI infrastructure. Coherent shares rose 3.4% after it told investors its datacenter opportunity could top $70 billion by 2030.
18 March 2026
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Coherent Corp Stock Jumps Again as S&P 500 Entry Extends Nvidia-Backed AI Optics Rally

Coherent Corp Stock Jumps Again as S&P 500 Entry Extends Nvidia-Backed AI Optics Rally

Coherent Corp shares climbed nearly 6% Tuesday after the company said it will join the S&P 500 on March 23, following Nvidia’s $2 billion investment. The stock traded at $267.79 by late morning in New York. Coherent also launched new 980-nanometer micro-pump lasers ahead of the OFC telecom conference. Fiscal Q2 revenue rose 17% to $1.69 billion, with third-quarter guidance set at $1.70–$1.84 billion.
10 March 2026
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Lumentum Holdings Stock Jumps as S&P 500 Addition Extends Nvidia-Linked AI Optics Rally (News Release Archive)

Lumentum Holdings Stock Jumps as S&P 500 Addition Extends Nvidia-Linked AI Optics Rally (News Release Archive)

Lumentum shares rose 10.6% to $617.81 in New York trading after S&P Dow Jones Indices said it will add the company to the S&P 500 on March 23. The move follows Nvidia’s $2 billion investment and a multiyear purchase agreement announced last week. Peers Coherent and Vertiv also gained. Lumentum reported second-quarter revenue up 65.5% to $665.5 million and forecast third-quarter revenue of up to $830 million.
9 March 2026
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Lumentum stock wobbles as Nvidia’s $2 billion optics deal sinks in, with traders eyeing what’s next

Lumentum stock wobbles as Nvidia’s $2 billion optics deal sinks in, with traders eyeing what’s next

Lumentum shares fell 0.8% to $688.94 after sharp swings following Nvidia’s $2 billion investment and purchase commitment for AI data-center optics. The deal includes 2.87 million Series A preferred shares sold to Nvidia at $695.31 each, pending antitrust review. Investors await capacity details at Lumentum’s OFC 2026 briefing on March 17. Needham raised its price target to $850, citing new laser supply commitments.
4 March 2026
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Nvidia’s $4 Billion Optics Bet: What It Signals for AI Chips and Data Centers

Nvidia’s $4 Billion Optics Bet: What It Signals for AI Chips and Data Centers

Nvidia will invest $2 billion each in Lumentum and Coherent, securing long-term supply and capacity rights for optical networking parts used in AI data centers. A Coherent filing showed Nvidia bought 7.79 million shares for $2 billion in a private placement. The agreements include multibillion-dollar purchase commitments and support for U.S. manufacturing expansion.
4 March 2026
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AAOI stock drops after early slide: what Applied Optoelectronics investors are watching next

AAOI stock drops after early slide: what Applied Optoelectronics investors are watching next

Applied Optoelectronics shares dropped 6.4% to $95.91 by early afternoon Tuesday after CFO Stefan Murry warned of capacity limits and potential indium phosphide bottlenecks as 800G optics shipments ramp in Q2. The company expects three hyperscale customers and $378 million monthly data-center transceiver revenue by mid-2027. Next update is scheduled for March 17.
3 March 2026
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Nvidia stock drops in New York as $4 billion photonics bet meets a risk-off market

Nvidia stock drops in New York as $4 billion photonics bet meets a risk-off market

Nvidia shares dropped 2.2% to $178.52 Tuesday morning, trailing a broad tech selloff that hit the Nasdaq and optics suppliers. The company announced $2 billion investments each in Lumentum and Coherent for advanced optics, but both suppliers’ stocks also fell sharply. Traders are watching for updates at Nvidia’s GTC event later this month.
3 March 2026
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Lumentum stock price jumps premarket as Nvidia puts $2 billion into LITE in AI optics push

Lumentum stock price jumps premarket as Nvidia puts $2 billion into LITE in AI optics push

Lumentum shares jumped 11.8% to $783.25 in premarket trading after Nvidia announced a $2 billion investment and supply agreement tied to AI data center optics. The deal involves convertible preferred stock, pending antitrust clearance. Nvidia also secured multi-year purchase commitments for advanced laser components. Stifel raised its price target on Lumentum to $800.
3 March 2026
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Nvidia stock jumps on $4 billion photonics bet — what NVDA investors watch next

Nvidia stock jumps on $4 billion photonics bet — what NVDA investors watch next

Nvidia shares rose 3% in after-hours trading Monday after announcing $2 billion investments each in Lumentum and Coherent for advanced optics used in AI data centers. Coherent disclosed it sold nearly 7.8 million shares to Nvidia at $256.80 each. Both deals secure future supply of photonics components. Investors await product updates at Nvidia’s GTC event later this month.
2 March 2026
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Nvidia stock bucks market slide after $4 billion optics bet — what NVDA traders watch next

Nvidia stock bucks market slide after $4 billion optics bet — what NVDA traders watch next

Nvidia shares rose 1.5% to $179.80 in early trading Monday, bucking declines in chip stocks and the broader market. The company announced $2 billion investments each in Lumentum and Coherent, tied to multiyear supply agreements for advanced optics used in data centers. The moves come ahead of Nvidia’s GTC conference later this month. The Nasdaq was down 0.6% and the S&P 500 slipped 0.5%.
2 March 2026
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Stock Market Today

  • Stock Market Today: Key Insights for May 21 Trading
    May 20, 2026, 10:27 PM EDT. Stocks in the news and major brokerage calls shape market sentiment as traders prepare for May 21. This report provides a complete trade setup, highlighting critical market movements and strategies. Stay informed with the essential data before entering trades today.

Latest articles

SPAC ETF Up as SpaceX Heads for SPCX Ticker

SPAC ETF Up as SpaceX Heads for SPCX Ticker

21 May 2026
The SPAC and New Issue ETF, now trading as SPCK, closed up 0.64% at $22.09 on Wednesday after SpaceX filed for a $75 billion IPO under the fund’s old ticker. The fund reported $7.14 million in net assets and 41 holdings as of May 19. New listings included a $75 million IPO from Research Alliance III and filings from FutureCorp Space Acquisition 1 and JAB Acquisition I. The SEC proposed easing share issuance rules for public companies.
EnerSys Stock Flips After Earnings as Guidance Tops Trader Hopes

EnerSys Stock Flips After Earnings as Guidance Tops Trader Hopes

21 May 2026
EnerSys shares rose in after-hours trading after the company posted fourth-quarter adjusted earnings of $3.19 per share on $988 million in revenue, both above analyst estimates. The stock closed regular hours down 1.3% at $214.56, then quoted up 5.8% to $227. First-quarter profit guidance also topped forecasts. Management cited strong data center and defense demand, but noted continued weakness in motive-power and transportation.
Silexion Soars After Cancer Study, Liquidity and Nasdaq Issues Linger for SLXN

Silexion Soars After Cancer Study, Liquidity and Nasdaq Issues Linger for SLXN

21 May 2026
Silexion Therapeutics shares surged 97% to $0.5298 on Wednesday with over 325 million shares traded, then fell 9.5% after hours. The move followed news that Israel approved a Phase 2/3 trial of its lead pancreatic cancer drug, SIL204. Silexion reported a Q1 net loss of $2.7 million and $2.4 million in cash. The company plans a 1-for-10 reverse share split by early June.
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