Bucking the Trend: 3 Stocks That Zoomed While the Market Crashed
It is starting to look like last week's market meltdown was not the beginning of a broad-based collapse. Although fear of a U.S. recession, concern over the melt-up in AI-powered tech stocks and the unwinding of the yen carry trade all contributed to the market turmoil, stocks quickly rebounded and the S&P 500 closed out the week largely unchanged.
Lumen Technologies, Inc. (LUMN) Management Presents at TD Cowen 10th Annual Communications Infrastructure Summit Conference (Transcript)
Lumen Technologies, Inc. (NYSE:LUMN ) TD Cowen 10th Annual Communications Infrastructure Summit Conference Transcript August 13, 2024 5:40 PM ET Company Participants Dr. Satish Lakshmanan - Executive Vice President and Chief Product and Strategy Officer Conference Call Participants Greg Williams - TD Cowen Greg Williams All right. Let's get started.
The 3 Best Fiber Providers to Buy After Lumen's Huge Rally
Amid the AI boom, data centers are sending and receiving so much data that they are embarking on “the largest expansion of the internet in our lifetime,” Lumen Technologies (NYSE: LUMN ) Chief Technology Officer Dave Ward recently said, according to Fierce Network. That makes the idea of finding the best fiber stocks much more appealing.
Lumen's stock soars further as fiber company boosts forecast on key metric
Fresh off a record daily stock gain, Lumen Technologies Inc. reported earnings and refreshed its outlook for the full year Tuesday.
Why Lumen Technologies Rocketed 75% This Week
Lumen was a distressed, declining telecom coming into 2024. But AI is sparking a new surge of demand for data center networking.
Why Lumen Stock Skyrocketed Again Today
Lumen beat sales expectations but posted a bigger-than-expected loss in Q2. The real standout in the report was a big increase for the company's full-year free-cash-flow target.
Lumen Technologies shares extend AI-fueled surge after rosy cash-flow outlook
Shares of Lumen Technologies surged 30% on Wednesday, extending gains from the previous session, after the telecommunications company boosted its annual free-cash-flow forecast due to demand related to artificial intelligence.
LUMN Stock Alert: Why Is Lumen Technologies Soaring Today?
One of this week's top breakout sensations is still trending upward after an impressive surge. Lumen Technologies (NYSE: LUMN ) stock began skyrocketing after markets opened yesterday.
Lumen Technologies Stock Soars Again on AI Enthusiasm
Lumen Technologies (LUMN) shares soared for a second straight session Wednesday after the telecom provider reported better-than-expected results and a huge jump in its full-year free cash flow guidance as it capitalizes on the artificial intelligence (AI) boom.
Lumen's Q2: Can AI Revenue Outshine a Mountain of Debt?
Lumen Technologies NYSE: LUMN is known for its legacy telecommunications business. However, recently, Lumen's stock price has skyrocketed over 150%.
Lumen's (LUMN) Q2 Loss Wider Than Expected, Revenues Down Y/Y
Lumen's (LUMN) second-quarter revenue performance is affected by the impact of divestitures, commercial agreements and the sale of the CDN business.
Top 2 Tech And Telecom Stocks That May Crash In August
As of Aug 7, 2024, two stocks in the communication services sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
