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Lumentum Sees AI Data Centers Driving Major Optical Connectivity Growth

Lumentum (NASDAQ:LITE) CEO Michael Hurlston said the growing bandwidth requirements of artificial intelligence data centers are accelerating a shift from copper connections to optical technologies, creating new demand across racks, clusters and data centers. Speaking at Deutsche Bank’s 20th Annual

NASDAQ:LITE
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Marvell Technology (NASDAQ:MRVL) Announces Quarterly Earnings Results, Beats Estimates By $0.01 EPS

Marvell Technology (NASDAQ:MRVL - Get Free Report) released its earnings results on Thursday. The semiconductor company reported $0.94 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.93 by $0.01. The business had revenue of $2.74 billion during the quarter, compared to analyst estimates of $2.72 billion. Marvell Technology had a net margin of 28.99% and a return on equity of 13.83%. The company's revenue for the quarter was up 36.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.67 earnings per share.

NASDAQ:MRVL
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ServiceNow Says AI Is Driving Growth, Not Budget Pressure

ServiceNow (NYSE:NOW) Chief Financial Officer Gina Mastantuono said the company sees artificial intelligence as an expansion opportunity rather than a source of budget pressure, citing customer demand for AI-enabled workflow automation and the company’s own reported efficiency gains. Speaking with

NYSE:NOW
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Affirm Q4 Earnings Call Highlights

Affirm (NASDAQ:AFRM) said its fiscal fourth quarter was its most profitable ever, excluding the release of a tax valuation allowance, as the buy now, pay later company pointed to continued momentum in its core business and outlined product, merchant and international expansion priorities. Founder a

NASDAQ:AFRM
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Permianville Royalty Trust (NYSE:PVL) Short Interest Update

Permianville Royalty Trust (NYSE:PVL - Get Free Report) was the recipient of a large drop in short interest in the month of August. As of August 14th, there was short interest totaling 6,960 shares, a drop of 75.5% from the July 30th total of 28,364 shares. Based on an average daily volume of 38,490 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the company's stock are short sold.

NYSE:PVL
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Insider Buying: Comstock Holding Companies (NASDAQ:CHCI) Director Acquires $11,196.00 in Stock

Comstock Holding Companies, Inc. (NASDAQ:CHCI - Get Free Report) Director David Hirsh purchased 600 shares of the company's stock in a transaction on Tuesday, August 18th. The stock was acquired at an average cost of $18.66 per share, for a total transaction of $11,196.00. Following the completion of the purchase, the director owned 600 shares of the company's stock, valued at approximately $11,196. This trade represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

NASDAQ:CHCI
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Dream Finders Homes (NYSE:DFH) Director Acquires $14,720.00 in Stock

NYSE:DFH
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Scott Gordon Purchases 2,483 Shares of Chicago Atlantic BDC (NASDAQ:LIEN) Stock

NASDAQ:LIEN
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Upstart (NASDAQ:UPST) Insider Natalia Mirgorodskaya Sells 913 Shares

NASDAQ:UPST
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EverQuote (NASDAQ:EVER) CTO Sells $29,037.59 in Stock

NASDAQ:EVER
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Insider Buying: loanDepot (NYSE:LDI) CEO Buys $36,295.28 in Stock

NYSE:LDI
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Insteel Industries (NYSE:IIIN) COO Richard Wagner Sells 1,640 Shares

NYSE:IIIN
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Scott Gordon Acquires 5,000 Shares of Chicago Atlantic BDC (NASDAQ:LIEN) Stock

NASDAQ:LIEN
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Banco Santander Brasil (NYSE:BSBR) Insider Sells $65,935.11 in Stock

NYSE:BSBR
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NET Power (NYSE:NPWR) Major Shareholder 8 Rivers Capital, Llc Sells 41,350 Shares

NYSE:NPWR
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Cadence Design Systems (NASDAQ:CDNS) VP Sells $94,920.00 in Stock

NASDAQ:CDNS
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Jill Twedt Sells 1,250 Shares of Boise Cascade (NYSE:BCC) Stock

NYSE:BCC
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Insider Selling: BeOne Medicines (NASDAQ:ONC) COO Sells 280 Shares

NASDAQ:ONC
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Insider Buying: Hawkins (NASDAQ:HWKN) VP Purchases $108,062.50 in Stock

NASDAQ:HWKN
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Insider Selling: Corporacion Inmobiliaria Vesta (NYSE:VTMX) Director Sells 33,442 Shares

NYSE:VTMX
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EverCommerce (NASDAQ:EVCM) Director Eric Richard Remer Sells 14,594 Shares of Stock

NASDAQ:EVCM
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Insider Buying: Hyliion (NYSEAMERICAN:HYLN) Director Acquires $170,000.00 in Stock

NYSEAMERICAN:HYLN
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Insider Selling: EverCommerce (NASDAQ:EVCM) Director Sells 20,710 Shares

NASDAQ:EVCM
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Insider Selling: EverCommerce (NASDAQ:EVCM) Director Sells 21,821 Shares of Stock

NASDAQ:EVCM
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Keurig Dr Pepper (NASDAQ:KDP) Director Purchases $250,247.46 in Stock

NASDAQ:KDP
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loanDepot (NYSE:LDI) CEO Acquires $253,070.61 in Stock

NYSE:LDI
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Insider Selling: Advanced Energy Industries (NASDAQ:AEIS) EVP Sells $263,075.35 in Stock

NASDAQ:AEIS
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Samsara (NYSE:IOT) Insider Sells 6,876 Shares

NYSE:IOT
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Thomas Hogan Sells 25,299 Shares of Cellebrite DI (NASDAQ:CLBT) Stock

NASDAQ:CLBT
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Raymond Anderson Sells 3,142 Shares of Monopar Therapeutics (NASDAQ:MNPR) Stock

NASDAQ:MNPR
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