BREAKING: Stocks Open Mixed As Amgen, McDonald's Prop Dow Lumentum Holdings (LITE) reported fiscal first quarter earnings and revenue that beat Wall Street targets amid a big run-up in 2025. Lumentum stock surged in early trading Wednesday as revenue guidance blew past expectations. While Lumentum still sells fiber-optic devices to telecom companies, its new growth engine has been internet giants and cloud computing service providers. They're deploying clusters of artificial intelligence computer servers i ...

Key Takeaways Fabrinet (FN) stock has skyrocketed 95% since early April to trade at all-time highs heading into its fourth- quarter fiscal 2025 earnings release on Monday, August 18. FN helps big tech companies, including Nvidia, by making small, precision parts used across AI data centers, telecom, and beyond. Artificial intelligence powerhouse Nvidia is one of Fabrinet's largest clients, and it's growing its relationship with Amazon. The leading provider of advanced optical packaging tripled the Tech sect ...