Lumentum sees sales more than double as AI demand swells
Though Lumentum posted blowout earnings and an upbeat forecast, its stock was largely flat after hours.
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In 2026, it can feel like each time the market takes one step forward, it snaps back just as quickly, unable to find the footing needed for a prolonged rally. The worry then becomes that if stocks can’t rebound from a broad sell-off, a bear market may loom, which would be the S&P 500 (^GSPC…
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$19.6 Billion: The Microsoft Earnings Number That Matters Most
Microsoft (MSFT +15.15%) stock is up 13% today on the strength of quarterly earnings that saw revenue increase 18% and cloud computing revenue exceed $100 billion for the first time. But I believe the most significant number in Microsoft’s fiscal fourth-quarter earnings report is $19.6 billion — the free cash flow the company generated despite…
