Optical stocks Ciena, Lumentum and Coherent fall as AI names sell off
Optical and networking stocks ranked among Monday's leading decliners, with Ciena, Lumentum and Coherent each closing down between 7.9% and…
Stock Market News
Latest stock market news covering equities beyond the Magnificent 7 — sector earnings, IPOs, M&A activity and broader market moves.
LVMH fashion and leather sales fall 5% in Q3 on weak Chinese demand
LVMH reported third-quarter organic sales growth below analyst expectations on Monday, as its fashion and leather division posted a 5%…
Starbucks Says It Is Not Buying Chipotle After Takeover Speculation
Starbucks said on Monday it is not buying Chipotle, ending days of takeover speculation. Chipotle shares dipped and Starbucks shares…
Raymond James Upgrades T-Mobile, Calling SpaceX Competition Fears Overblown
Raymond James upgraded T-Mobile to Outperform on Monday, arguing that fears of SpaceX competition are overblown. The call follows a…
Citigroup Recommends Small Caps Ahead of Wednesday’s September CPI Release
Citigroup is recommending that investors put money into beaten-down smaller companies ahead of this week's September CPI release. Analysts forecast…
