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CEO Alex Karp described the quarter as \"otherworldly,\" as U.S. commercial revenue rose 149% from a year ago.ON Semiconductor jumped 7.6% after the chip maker's second-quarter earnings beat expectations.The AI trade was making a comeback, with Coherent and Lumentum both up more than 10% and Corning, Marvell, and Micron among the other stocks soaring in premarket trading.BP climbed 1.4% after the British oil major reported a surge in second-quarter profit, just a day after President Donald Trump said big oil companies including Chevron and ExxonMobil were \"making too much money.\"Caterpillar soared 8.3% after the industrial machinery maker smashed Wall Street's second-quarter earnings estimates.Spotify 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Top and Bottom Performing Stocks at About 11:01 A.m. 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Optical Communications Stocks Slide at Market Open, Lumentum, Marvell Technology, and Ciena Drop Nearly 5%","url":"https://stock-news.laohu8.com/highlight/detail?id=1180942768","media":"Deep News","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1180942768?lang=en_us&edition=fundamental","pubTime":"2026-08-03 22:12","pubTimestamp":1785766359,"startTime":"0","endTime":"0","summary":"US optical communications stocks declined at the start of trading on August 3.Lumentum, Marvell Technology, and Ciena all fell nearly 5% in early 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On the news front, the aftermath of concentrated forced liquidation in momentum stocks...","market":"us","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":"Lumentum Falls; Momentum Stock Forced Liquidation Spillover and Insider Selling Pressure Persist","news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LITE"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"1140484422","title":"Movement Alert｜Lumentum Falls 3.07% in Pre-Market Trading, Momentum Unwind and Insider Selling Weigh on Recovery","url":"https://stock-news.laohu8.com/highlight/detail?id=1140484422","media":"Market Focus","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1140484422?lang=en_us&edition=fundamental","pubTime":"2026-08-03 20:06","pubTimestamp":1785758778,"startTime":"0","endTime":"0","summary":"On August 3, Lumentum fell 3.07% in pre-market trading, trading at $688.71/share, with turnover of $17.61 million.The decline reflects the ongoing aftermath of forced liquidation across momentum...","market":"hk","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":"Lumentum Falls as Momentum Unwind and Insider Selling Weigh on Recovery","news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LITE"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"1193839546","title":"Phosphide Indium Supply Crunch Could Outpace Memory Crisis as Optical Interconnects Emerge as AI's Next Major Bottleneck","url":"https://stock-news.laohu8.com/highlight/detail?id=1193839546","media":"Deep News","labels":["dataReport","merge"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1193839546?lang=en_us&edition=fundamental","pubTime":"2026-08-03 15:56","pubTimestamp":1785743800,"startTime":"0","endTime":"0","summary":"Indium phosphide (InP) is emerging as the most fragile link in the AI infrastructure expansion chain. 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