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NASDAQ:MTCH 9 March 2026

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.

Stock Market Today

  • Finning International Insider Tim Arne Ferwerda Sells 1,478 Shares at C$106.12
    June 4, 2026, 3:51 PM EDT. Finning International Inc. (TSE:FTT) insider Tim Arne Ferwerda sold 1,478 shares on June 1 at an average price of C$106.12, totaling approximately C$156,845. The sale decreased his ownership by 8.45%, leaving him with 16,016 shares valued at nearly C$1.7 million. Several smaller transactions occurred the same day, contributing to a significant insider sell-off. The stock traded at C$108.17 on Thursday, with 251,658 shares changing hands, below its average volume. Finning has a market cap of C$14.12 billion and a price-to-earnings (PE) ratio of 21.25. The company reported earnings per share (EPS) of C$1.02 for the latest quarter on May 12.

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ChronoScale Shares Jump After Tesla Alum Joins AI Compute Effort

ChronoScale Shares Jump After Tesla Alum Joins AI Compute Effort

4 June 2026
ChronoScale shares soared nearly 18% to $22.43 after appointing ex-Tesla VP Raj Jegannathan as CTO and Lawrence Lam as CPO, just a month after its Nasdaq debut following a merger with Applied Digital’s cloud business and Ekso Bionics; Applied Digital and affiliates hold about 97% of shares, giving the company a $3.21 billion equity value, while investors weigh execution risks and integration challenges.
Blue Owl Shares Rise With Private-Credit Concerns Fading

Blue Owl Shares Rise With Private-Credit Concerns Fading

4 June 2026
Blue Owl shares surged 5.5% to $10.225 as private-credit asset managers rebounded after Blackstone capped withdrawals at a major fund, easing investor fears about sector-wide redemption risks; Blue Owl’s own funds previously faced large withdrawal requests, and further negative updates could quickly reverse gains.
Oscar Health gains after Wells Fargo upgrade

Oscar Health gains after Wells Fargo upgrade

4 June 2026
Oscar Health soared 15.5% to $23.68 after Wells Fargo upgraded the stock, citing improved 2026 health-exchange trends despite warning that visibility beyond this year remains low; the move outpaced rivals as traders bet on near-term stability, even as risks from expiring tax credits and policy changes linger.
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