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Oil Jumps 3%, Yields Climb as Hormuz Hopes Fade: Stock Market Today
Crude surges above $80 and the 10-year yield hits an August high as an Iran-US deal on the Strait of Hormuz slips away, stalling Wall Street's record run.
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Oppenheimer Maintains Outperform on AAON, Lowers Price Target to $115
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Chip Stocks Endure Longest Losing Streak Since 2006 as CoreWeave Credit Concerns Mount: This Week on Wall Street
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Why Applied Optoelectronics Stock Plummeted This Week
Applied Optoelectronics stock fell 23.6% this week after Broadcom CEO warned of capital constraints that could slow AI infrastructure spending. The optical component maker, which relies heavily on data center customers for 800G transceivers, faces headwinds from funding concerns among major cloud providers. The stock has declined 64.2% from its 52-week high, compounded by recent shareholder dilution from a $600 million equity offering.