Optical Stocks Slammed as Samsung Jumps into Silicon Photonics
Optical stocks plunged as Samsung officially announced its entry into the silicon photonics market with 224Gbps tech and ambitious AI plans.
Optical stocks plunged as Samsung officially announced its entry into the silicon photonics market with 224Gbps tech and ambitious AI plans.
Iran’s weekend attacks on major Persian Gulf aluminum plants triggered sharp price jumps. Supply shortages could push aluminum to record highs, affecting planes, solar panels, and packaging.
Peloton shares jumped after investor Eric Jackson announced he’s long the stock. He called it cheap on strong free cash flow and highlighted insider confidence.
Cybersecurity stocks including CrowdStrike, Palo Alto Networks, Cloudflare, Zscaler, and Okta are falling after Anthropic accidentally leaked details of its new powerful AI model with strong cyber capabilities.
Pernod Ricard is exploring a potential acquisition of Brown-Forman, the maker of Jack Daniel’s whiskey, amid a tough downturn in the spirits industry. Early talks are ongoing.
Ryan Cohen just set aside $700M cash as collateral for big derivative bets. Analysts say he's likely starting a major consumer-sector acquisition he hinted at.