Lumentum (NASDAQ:LITE) beats Q4 and FY2025 estimates with $480.7M revenue, driven by cloud & networking growth. Shares rise on strong outlook and AI demand.
Wall Street is in full rally mode after July’s inflation data eased fears that tariff-related cost pressures were widespread. The headline Consumer Price Index (CPI) came in below expectations, holding steady at 2.7% year-over-year and fueling speculation of upcoming interest rate cuts.
The AI revolution is booming with tech giants like Meta, Microsoft, and Google investing $240 billion in AI infrastructure, signaling its growth potential. This also benefits hardware and infrastructure companies like Amphenol, Arista, and Lumentum.
BofA analyst favors 5 SMid cap names in semiconductor sector for strong growth, EPS leverage, and TAM expansion, raises price forecasts for MTSI, NVMI.
In this episode of Being Exponential, we dive into the real forces shaping markets right now—starting with geopolitics. With Iran and Israel exchanging missile fire and U.S. war odds surging, why aren’t stocks reacting more dramatically?
J.P. Morgan analyst sees brighter outlook for Coherent Corp and Lumentum Holdings Inc as optics sector overcomes key challenges, raises price forecasts.
