S&P 500 Hits Record Highs, Palantir Jumps 27%: Stock Market Today

Shares of fiber optic connectivity companies are trading higher. Ciena announced three-year targets to 2029 of sales CAGR of approximately 30%, adjusted gross margin of approximately 50%; adjusted operating margin of 32% to 35% and free cash flow margins of approximately 20%.

8-K filing — APPLIED OPTOELECTRONICS, INC. (AAOI)

Filed: 2026-09-15 AccNo: 0001683168-26-007160 Size: 278 KB Item 1.01: Entry into a Material Definitive Agreement Item 2.03: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant Item 9.01: Financial Statements and Exhibits

Coherent Stock Declines 24% in a Month: Is This a Buying Opportunity?

Coherent Corp (COHR) has experienced a 24% monthly decline after a 155% annual surge. Despite premium valuation, the company's AI-focused portfolio, strong datacenter revenue growth (58.6% YoY), expanding margins, and capacity expansion plans support a positive long-term outlook. The stock is rated a Buy, though risks include hyperscaler spending cycles and customer concentration.

JP Morgan Downgrades Aptiv to Neutral, Lowers Price Target to $56

JP Morgan analyst Rajat Gupta downgrades Aptiv (NYSE:APTV) from Overweight to Neutral and lowers the price target from $65 to $56.

Hock Tan Just Guided Broadcom's AI Revenue to Reach $230 Billion by 2028. Should You Believe Him?

Broadcom CEO Hock Tan projects the company will generate $230 billion in annual AI semiconductor revenue by fiscal 2028, representing more than a tripling from current levels. The article argues this forecast is credible given Tan's track record of underestimating growth and Broadcom's secured supply chain. The analysis suggests potential 150% upside if the company achieves these targets with a 50% profit margin.

Apple, Nvidia Eye Major Entry into AI Servers: Report

Apple is returning to enterprise servers with multi-chip M8 Ultra designs to support AI inference workloads and silicon applications.