AI Boost; Lumentum and Cava Jump
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Coreweave (CRWV) is soaring after booming AI demand bolstered the company's revenue outlook. Nebius (NBIS) is also up this morning with earnings coming out.
- Super Micro (SMCI) is giving a sales outlook that topped even the rosiest projections. That along with Coreweave's report is sending markets higher.
- Lumentum (LITE) is climbing as well this morning after adjusted EPS for the first quarter exceeded estimates.
- Cava (CAVA) is also rising this morning as sales jumped with Americans flocking to Pita Chips, Salmon, and other Mediterranean-diet oriented foods.
See omnystudio.com/listener for privacy information.
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