In 2026, AI datacenter spending has driven strong gains in U.S. optics stocks, with Applied Optoelectronics leading at a 203% year-to-date increase. Lumentum and Coherent also posted gains of 139% and 53%, respectively, outperforming the broader semiconductor sector. Applied Optoelectronics benefits from U.S. policy restricting Chinese suppliers and strong revenue growth, but faces risk if demand slows. Lumentum shows broad product strength and margin growth, while Coherent's diversified business provides stability but less upside. Investors should consider exposure risks and watch for updates on 1.6T transceiver shipments as the AI capex cycle continues.
Deutsche Bank lowered its target price for Hollywood Bowl Group PLC from 376p to 358p after a dry summer led to fewer rainy days, reducing footfall at the indoor entertainment venues. Despite the heatwave causing a short-term decline in visitors as p...
Asiamet Resources Ltd announced that all conditions for the sale of its subsidiary Indokal Limited, which owns the KSK Project, have been met or waived. This cleared the way for the transaction with Norin Mining (Hong Kong) Limited to proceed towards...
JP Morgan initiated coverage on Bytes Technology Group with an 'underweight' rating due to its limited exposure to AI monetisation, particularly hardware contributing less than 10% of gross profit. The bank prefers Computacenter as its top pick in th...
Ashmore Group reported a 21% earnings miss for fiscal year 2026, driven by weaker performance fees and higher variable compensation costs linked to seed-capital gains. Adjusted EBITDA fell 32% year-on-year to £35.7 million, below consensus expectatio...
RBC Capital Markets upheld its "outperform" rating on Aviva PLC with a price target of 780p following a briefing with Aviva's CFO, Charlotte Jones. Despite challenges in the commercial insurance market, Aviva showed strong organic earnings power and ...
