Shares of fiber optic connectivity companies are trading higher amid sympathy with Lumentum Holdings after the company reported better-than-expected Q4 financial results and issued Q1 guidance above estimates.

Benzinga Bulls and Bears: Palo Alto, Ciena, Lululemon

Benzinga examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories.

Ciena Posts Blowout Q3, So Why Are These Analysts Slashing Price Targets?

Ciena shares rise after a strong Q3 beat. Analysts keep Buy ratings but cut targets. Analysts cite $8.5B backlog and $10B yearend outlook.

B. Riley Securities Maintains Neutral on Ciena, Lowers Price Target to $347

B. Riley Securities analyst Dave Kang maintains Ciena (NYSE:CIEN) with a Neutral and lowers the price target from $413 to $347.

JP Morgan Maintains Overweight on Ciena, Lowers Price Target to $605

Jensen Huang Said This Word Exactly 1 Time During Nvidia's Earnings Call, and That Was Enough to Put Artificial Intelligence (AI) Bubble Fears to Rest

Nvidia CEO Jensen Huang's single use of the word 'visibility' during earnings signals the company's unprecedented insight into AI infrastructure demand across land, power, and supply chains. With top hyperscalers expected to spend $800 billion on capex in 2026 and $1.3 trillion in 2027, Nvidia's 70% revenue growth guidance and strategic equity stakes in networking and optical companies position it as the architect of AI factories rather than just a chip vendor, suggesting secular demand rather than a bubble.

SanDisk Jumps 10%, Lululemon Crashes 17%: Stock Market Today

A blowout August jobs report pushed traders to price a coin-flip chance of a Federal Reserve rate hike this month, dragging the S&P 500 and Dow lower by midday Friday.