Ciena stock tumbles 14% as AI-networking names retreat — what investors watch next
Ciena Corp shares were down about 14% at $222.73 on Thursday, after ending Wednesday at $259.27 and touching $260 earlier in the session. Roughly…
Technology
Ciena Corp shares were down about 14% at $222.73 on Thursday, after ending Wednesday at $259.27 and touching $260 earlier in the session. Roughly 2.8 million shares had changed hands by early afternoon. Optical…
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Ciena Corp shares were down about 14% at $222.73 on Thursday, after ending Wednesday at $259.27 and touching $260 earlier in the session. Roughly…
Silicon Motion Technology Corp shares fell about 10% on Thursday, giving back a chunk of a sharp two-day run in the Nasdaq-listed storage chip…
Applied Optoelectronics slid 14.9% to $32.40 in afternoon trading on Thursday after opening at $37.91, with about 6.2 million shares changing hands. The stock…
CoreWeave shares rose 1.6% to $78.43 on Thursday, after Wells Fargo cut its price target on the AI cloud firm while keeping a buy-equivalent…
IREN Limited shares were up about 6.3% at $46.38 in midday trading on Thursday, after swinging between $42.69 and $47.57 earlier in the session.
Ford Motor shares rose 4.7% to $14.39 by midday on Thursday after Piper Sandler upgraded the automaker to “overweight,” a call for the stock…
AST SpaceMobile shares were up 5.9% at $90.75 in midday trading on Thursday, after swinging between $85.11 and $93.96. The stock ended Wednesday at…
Lumentum Holdings Inc shares fell 10.7% to $351.00 on Thursday, after touching $399.88 earlier in the session. The stock hit a low of $343.41…
Lam Research shares fell 2.2% to $198.62 on Thursday, tracking a broader drop in semiconductor names. The stock touched $195.14 at its low so…
Kratos Defense & Security Solutions shares jumped 17.3% to $107.30 in morning trading on Thursday, lifting the San Diego-based defense contractor to one of…
Shares of GDS Holdings Limited climbed about 7% on Thursday, lifting the U.S.-listed stock to $41.25 in midday trading. The move pushed the shares…
JPMorgan Chase & Co shares rose about 1.1% to $330.65 in late morning trading on Thursday after the bank said it will become the…
Palantir Technologies shares were up 0.1% at $181.81 on Thursday after swinging between $180.59 and $186.89 in early trade. Truist Securities initiated coverage with…
Meta Platforms shares fell on Thursday after China’s commerce ministry said it would assess and investigate the company’s acquisition of artificial intelligence startup Manus.…
Shares of Mobileye Global fell 3.4% to $11.82 in early trading on Thursday, giving back some recent gains as investors digested the company’s push…
Nokia shares fell about 4% to 5.534 euros in Helsinki on Thursday, giving back some of the prior session’s rise after an analyst upgrade,…