Today: 10 June 2026
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NASDAQ:LITE 2 March 2026 - 2 June 2026

Coherent Corp Stock: BofA’s $400 Call Puts AI Optics Back in Play

Coherent Stock Is Surging Again — Here’s Why Wall Street Is Chasing AI’s Hidden Bottleneck

Coherent shares soared 17% to $425.44 after strong Q3 results and renewed AI infrastructure demand, fueled by Nvidia’s $2 billion March investment and fresh focus on supply bottlenecks; the company guided Q4 revenue as high as $2.05 billion, but risks remain if AI spending or Nvidia-linked demand falters.
2 June 2026
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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

  • Swedish Freight Tech Firm Einride Lists on Nasdaq with $1.35 Billion Valuation
    June 10, 2026, 2:49 AM EDT. Swedish autonomous and electric freight company Einride has gone public through a business combination with Legato Merger Corp. III, debuting on Nasdaq under ticker ENRD on June 10, 2026. The deal values Einride at a pre-money equity worth approximately US$1.35 billion. The company raised US$113 million via a private investment in public equity (PIPE) financing, supported by investors including EQT Ventures. Einride focuses on electric and autonomous freight vehicles and software aimed at reducing the operational costs and emissions of commercial road haulage. This Nasdaq listing marks Einride's first entry into public markets amid rising regulatory demands for greener commercial transport in Europe and North America, attracting institutional investors interested in autonomous mobility and freight electrification.

Latest articles

Nasdaq Sees More Moves After Hours Following U.S. Strike on Iran

Nasdaq Sees More Moves After Hours Following U.S. Strike on Iran

10 June 2026
U.S. stock futures fell after hours and oil rose as U.S. strikes on Iran fueled risk-off sentiment, deepening losses in tech shares and raising investor caution ahead of Wednesday’s key inflation report, with fears of Fed rate hikes and volatility from the upcoming SpaceX IPO adding pressure.
Keel Slides After $458 Million AI Data-Center Debt Deal Launch

Keel Slides After $458 Million AI Data-Center Debt Deal Launch

10 June 2026
Keel Infrastructure shares plunged 4.24% to $5.42 after closing a $458 million convertible debt sale, reviving investor fears of future dilution even as the company boosts funding for AI-focused data-center projects; shares slipped further to $5.32 after hours on more than double average volume, reflecting concerns over execution risks and the impact of new financing.
Super Micro sinks after $7B AI server plan; dilution a risk

Super Micro sinks after $7B AI server plan; dilution a risk

10 June 2026
Super Micro Computer plans to raise $7 billion through equity and equity-linked financing to fund soaring AI server orders, sending shares down about 9% in after-hours trading as investors focused on dilution risk; the company reported $39 billion in recent AI server orders, but noted these are not firm commitments and cited ongoing legal and regulatory risks.
American Airlines Stock Rises on Google Fuel Deal, Market Watches for Fuel Shock

American Airlines Stock Rises on Google Fuel Deal, Market Watches for Fuel Shock

10 June 2026
American Airlines surged to $14.09, up 48.5 cents, after announcing a three-year sustainable aviation fuel deal with Google covering 35 million gallons, as investors focused on surging fuel costs that jumped 78% in April to $6.5 billion; the stock rose in line with airline peers amid a drop in crude prices, while American’s 2026 outlook remains pressured by higher fuel expenses and a narrowed profit forecast.
Nokia Drops 7% After Nvidia 6G Chatter Hits AI Stocks

Nokia Drops 7% After Nvidia 6G Chatter Hits AI Stocks

10 June 2026
Nokia shares plunged 6.99% to 11.970 euros in Helsinki after reports of Nvidia’s push into future mobile-network tech raised fears over Nokia’s AI-driven growth story, with investors questioning whether Nokia can maintain its edge as competition intensifies and its forward P/E more than doubles this year.
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