WS #13888
Super Micro Computer and Lumentum both beat earnings and guided strongly higher, reinforcing the AI infrastructure demand narrative and lifting related tech names. Oracle plans double-digit job cuts on some teams while announcing a quantum computing partnership with Quantinuum on OCI, creating mixed signals for the stock.
AI infrastructure earnings beat
Super Micro Computer and Lumentum both beat earnings and guided strongly higher, reinforcing the AI infrastructure demand narrative and lifting related tech names.
Oracle plans double-digit job cuts on some teams while announcing a quantum computing partnership with Quantinuum on OCI, creating mixed signals for the stock.