Pomegra
Technology
MAJOR
2d ago7 min read
Coherent Jumps 17% as AI Stocks Rebound, Leading S&P 500
Coherent rose 16.8% and Monolithic Power 16.6% on Nov. 9 as AI stocks rebounded from a sharp selloff, with Teradyne up 12.7% and the S&P 500 up 2.35%.
Company hub
LITE stock news & analysis
Everything Pomegra has published on LITE: 13 news articles and 7 market briefs, newest first.
Market briefs on LITE
- Corning Stock Jumps 10% After Jefferies Buy Rating
Corning (GLW) rose over 10% before closing 7.4% higher near $120 after a Jefferies Buy rating. Lumentum gained 14% and Coherent 12% on AI data-center demand.
18h ago
- Marvell Stock Falls 5% After Lumentum Acquisition
Marvell (MRVL) is buying Lumentum in a $115B all-stock deal, and Lumentum shares fell about 10% on Monday.
Nov 2
- Lumentum Stock Jumps 11% on Marvell Takeover Talks
Lumentum (LITE) gained while Marvell (MRVL) slid 8% as investors weighed a possible AI optics takeover.
Oct 29
- Corning Stock Slips 0.8% After Q3 Earnings Beat
Corning (GLW) beat Q3 profit and sales forecasts, but an early 3% gain faded on solar and spending worries
Oct 27
- Optical Stocks Slide: MaxLinear Down 12% on Profit-Taking
MaxLinear (MXL) fell 12.7% as Coherent, Lumentum and Applied Optoelectronics also dropped after a huge run.
Oct 9
- Corning Stock Jumps After Verizon's 80 Million-Mile Fiber Deal
Corning (GLW) landed a multi-billion-dollar Verizon order through 2032, and Lumentum (LITE) rose in sympathy.
Sep 29
- Lumentum Stock Jumps 11% on AI Optical Networking Rally
Lumentum (LITE) shares closed up 11% at $978.54 as AI data center demand lifted optical stocks.
Sep 9
LITE news
Technology
MAJOR
3d ago6 min read
Marvell Technology Stock Drops 13% on $115B Lumentum Deal
Marvell Technology stock fell 13% and Lumentum 19% after the $115 billion all-stock AI optical networking deal, as investors questioned the price paid.
Technology
SEISMIC
Nov 25 min read
Marvell Technology Stock Falls on $115B Lumentum Deal
Marvell agreed to buy Lumentum in a $115 billion all-stock deal for AI optical networking, and shares of both companies fell sharply in Monday trading.
Technology
MAJOR
Oct 295 min read
Marvell Technology Stock Falls on $83B Lumentum Deal Talks
Marvell Technology is in advanced talks to buy Lumentum at about $83 billion, a deal that could be announced next week and reshape AI data-center optics.
Technology
NOTABLE
Oct 265 min read
AI Stocks: Lumentum, Coherent Lead Optical Rally
Lumentum rose about 10%, Applied Optoelectronics 9% and Coherent 7% as bullish coverage and AI demand revived optical stocks ahead of November earnings.
Technology
NOTABLE
Oct 124 min read
AI Stocks: Lumentum, Ciena Slide 10% in Optical Selloff
Lumentum and Ciena fell about 10% and Coherent 7% on Oct. 12 as profit-taking hit AI stocks tied to optical networking after a sharp multi-week rally.
Technology
NOTABLE
Oct 95 min read
Lumentum Stock Jumps 6% as Optics Sold Out Through 2029
Lumentum shares rose about 6% after its CEO said optical components are sold out through early 2029, with up to 70% of some demand unmet through 2027.
Technology
NOTABLE
Oct 66 min read
Ciena Jumps 11% as AI Stocks Rally on 2029 Growth Target
Ciena (CIEN) shares surged 11% to 14% as AI networking stocks rallied, backed by a fiscal 2029 goal of 30% annual revenue growth and fresh analyst upgrades.
Technology
NOTABLE
Oct 24 min read
Coherent stock jumps 10% on PhotonLink, Bernstein start
Coherent rose about 10% and Lumentum 9% as Bernstein began coverage at Outperform and PhotonLink drew fresh attention to AI stocks in optical networking.
Technology
MAJOR
Sep 296 min read
Corning Surges on Verizon 80M-Mile Fiber Deal
Corning (GLW) jumped nearly 9% after Verizon committed to 80 million miles of fiber through 2032, lifting Lumentum, Coherent and Ciena on surging AI demand.
Technology
MAJOR
Sep 55 min read
Ciena CIEN: Record Quarter Sparks Peak-Cycle Fear
Ciena's Q3 FY2026 beat, with revenue up 37% to $1.67B and EPS up 215%, caused a 9% open drop before recovery amid AI optical buildout peak concerns.
Business & Earnings
MAJOR
Aug 116 min read
CAH, LITE Earnings; Home Sales Dip: Aug. 11 Roundup
Cardinal Health topped fiscal 2026 targets and issued above-consensus FY2027 guidance; Lumentum's optical components revenue doubled on AI demand; existing home sales slipped 1.7% in July.
Markets
Jul 97 min read
Nasdaq Rise July 9: AI Tech Lifts Markets Past Iran Risk
Nasdaq closed July 9 up 1.22% as AI stock performance from AMD, Micron, and Marvell overcame Iran war jitters, while S&P 500 futures rise had already signaled tech sector recovery before the open.