$LUMN

Midday trading saw gains in AI-related stocks like CoreWeave (+4%), Nebius (+5%), Lumentum (+8%), and Coherent (+6%). SpaceX (+5%) announced a Starship rocket test. Honeywell (+3%) reported strong orders. FTAI Aviation (+5%) approved a $500M share buyback. SK Hynix (+2%) and Intel (+5%) discussed potential U.S. chip manufacturing. J.B. Hunt (-13%) warned of lower Q3 earnings. Expedia (-1%) was downgraded by Morgan Stanley. Energy stocks fell with oil prices, including Diamondback Energy (-8%) an

Nvidia's $99B investment portfolio, reported at the end of its fiscal Q2, focuses on AI-related assets. It includes $47.7B in public equities, $47.9B in non-marketable securities, and $3.3B in equity-method investments. Key public holdings are Intel, SpaceX, and CoreWeave. Nvidia also invested in frontier AI labs like OpenAI and Anthropic. The portfolio targets AI infrastructure, including compute, optics, and networking. Retail investors can access public names like Coherent, CoreWeave, and Mar

Lumen Technologies (LUMN) shows strong bullish options activity, with a 2.4:1 call-to-put ratio on 44,713 contracts. The Sept 18, 2026 $7 call, already in-the-money, dominates volume. CFO Chris Stansbury highlighted strategic revenue growth and AI-related opportunities at a recent conference, likely driving the options flow. Technical indicators show mixed signals, with daily charts bullish and weekly charts bearish.

Lumentum Holdings (LITE) was a top-traded stock on ActivTrader in August, gaining 28.12% as investors focused on AI infrastructure. The company reported strong Q4 earnings with $1.006B revenue, up 109.3% YoY, and guidance for continued growth. Lumentum's optical technologies are in demand for AI data centers, positioning it as an AI infrastructure enabler.

Lumentum Holdings' stock rose 8% premarket after reporting strong Q4 results, with revenue doubling to $1.01B and EPS at $3.23. Coherent, Applied Optoelectronics, and POET also saw gains. Lumentum's guidance exceeded expectations. Coherent's earnings are due next. All four companies are key photonics suppliers for AI infrastructure.

The global optical transceiver market is growing due to AI-driven demand, strategic investments, and government policies. NVIDIA invested $2B in Lumentum, Marvell acquired Celestial AI for $5.5B, and companies like Applied Optoelectronics are expanding capacity. Key players include NVIDIA, Lumentum, Marvell, Celestial AI, and Applied Optoelectronics.

Lumen Technologies (LUMN) is expanding its Multi-Cloud Gateway service to over 10 million U.S. business locations, enabling enterprises to connect to private, high-performance cloud networking. The expansion aims to simplify multi-cloud connectivity for AI applications, reduce complexity, and streamline operations. LUMN reports $13 billion in Private Connectivity Fabric (PCF) deals and targets $1 billion in cost reductions by 2027. Strategic revenues increased to 53% of total business revenues i

Lumen Technologies said on its Q2 earnings call (Aug 4) that strategic revenue rose 14% year over year to 53% of total revenue. The company reported legacy revenue down 15% and forecast $700m annual savings by end of 2024 and $1bn next year from modernization. Lumen is integrating Alkira to expand carrier-agnostic programmable network services, citing AI-driven connectivity demand.

Lumen Technologies (LUMN) shares rose about 4.8% after its Q2 update, which reported $2.805B revenue, $971M net cash from operations, and $327M free cash flow excluding special items. The adjusted loss per share was $0.07. Lumen also said it closed the Alkira acquisition and has 3,000+ Network-as-a-Service customers, reiterated its 2026 outlook, and cited AI-networking progress.

Lumen Technologies says it is repositioning around AI connectivity, citing 17m strand miles of US fiber today and plans for 40m more by 2031, plus growth in 100G/400G wavelength services. It reports “strategic” revenue up 14% YoY to 53% of sales and NaaS doubling to 2,000+ enterprises. Lumen also finalized a $475m Alkira deal to advance programmable networking.