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Stock impact report

AI-related stocks edge higher, led by networking, while CoreWeave drags hyperscalers down [Seeking Alpha]

Lumentum Holdings Inc. (LITE) 
Last lumentum holdings inc. earnings: 2/4 07:30 am Check Earnings Report
Company Research Source: Seeking Alpha
Supreme Court's decision to strike down President Donald Trump's tariffs. Several networking stocks, particularly those focused on optical products, were showing the strongest gains. Lumentum ( Fresh Stock Ideas, Every Day Explore diverse investing perspectives with daily analysis from experts across the market. Subscribe to Stock Ideas Sign Up Quick Insights Networking and optical stocks such as Lumentum, Ciena, Corning, Coherent, and Applied Optoelectronics posted strong gains, rising 6-11% following the Supreme Court's reversal of Trump-era tariffs. Hyperscaler stocks like Oracle, Nebius, Applied Digital, IREN, and especially CoreWeave saw declines, with CoreWeave down 9% due to a class action lawsuit alleging concealed infrastructure risks and data center delays. Chipmakers showed mixed performance, with TSM up and AMD, INTC slightly down; overall, the Philadelphia Semiconductor Index outperformed major U.S. stock indices on the day as AI-related stocks led the m Show less Read more
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