Shares of Coherent and Lumentum fell 12% and 7% respectively after strong multi-week gains driven by AI optics demand and U.S. export restrictions on Chinese transceivers. The pullback is mainly profit-taking and caution ahead of their upcoming fiscal Q4 2026 earnings reports on August 11 and 12. Valuations are very high, with P/E ratios above 140, pricing in strong growth tied to NVIDIA's AI data center expansion. Investors are watching these earnings closely for signs of sustained AI spending or potential supply-chain risks. Other optics players like Applied Optoelectronics, which already reported earnings, saw less impact. The broader semiconductor sector remains relatively stable, indicating the sell-off is optics-specific rather than a general chip market decline.
Two directors of Equitable Holdings sold shares recently, with Bertram L. Scott selling 2,780 shares and Craig C. MacKay selling 2,000 shares. Meanwhile, institutional investors showed mixed activity: Engineers Gate Manager LP drastically cut its hol...
Shares of Greenland-linked mining companies surged following a new U.S.-Denmark-Greenland security agreement that boosted investor interest in Greenland's mineral resources. Greenland Mines Ltd. jumped over 229%, while Critical Metals Corp. rose near...
Biotech stocks and leveraged ETFs were the biggest losers in the market, with Cue Biopharma dropping 23.7% despite positive Phase 2 clinical results. Leveraged ETFs tied to AMD, Strategy, and Novo Nordisk also saw sharp declines due to their daily-re...
Bitcoin ATMs in Germany are legal but require BaFin authorization to operate, with strict anti-money laundering rules and identity checks for transactions over 1,000 euros. These machines typically charge high fees of 8-10%, much more than online exc...
Jameson Lopp, Casa's CSO, launched an interactive dashboard mapping 360 known physical attacks on Bitcoin and crypto holders worldwide, highlighting a disturbing rise in violence. The data shows an average of more than one attack per week in 2025, wi...
