Shares of fiber optic connectivity companies are trading lower. Elevated bond yields and Fed interest rate expectations are weighing on technology sectors that have exposure to AI buildout capex plans that may come under pressure from inflated borrowing costs.

Applied Digital, Bitdeer Technologies, ON Semiconductor And Other Big Stocks Moving Higher On Friday

U.S. stocks rose Friday; Applied Digital jumped 9.8% after adding 75 MW of AI capacity, while numerous tech stocks posted gains.

Shares of fiber optic connectivity companies are trading higher amid catalysts that include OpenAI's recurring revenue run rate nearing $70 billion, Anthropic's reported $84.5 billion compute deal with SpaceX, and AMD's deal to buy World Labs for $8.2 billion, which may help buttress demand confidence for the sector.

30-Year Yield Hits 2002 High; Credit-Score Giant FICO Plunges 27%: Stock Market Today

Bloom Energy soars 13% and chips rally while the 10-year Treasury yield hits 5.29%, a 2007 high; oil slips, cruise lines surge and FICO crashes 27%.

Applied Optoelectronics Stock Slides Monday: What's Happening?

Applied Optoelectronics shares fall Monday afternoon, sliding alongside the broader fiber optic connectivity sector.

This Ciena Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Wednesday

Analysts initiated coverage: Buy on FORM ($200), NUVB ($12); Outperform on CIEN ($440); Neutral on EXPD ($180); Equal-Weight on SFD ($22).

Bernstein Initiates Coverage On Ciena with Outperform Rating, Announces Price Target of $440