Ciena (CIEN): Wall Street Cut Targets After Earnings, Then Raised Them on 2029 Outlook
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What's breaking now, across thousands of outlets.
We haven't written up this one. Yahoo Finance has the full story — the link below goes straight to it.
Key PointsThe Fed raised interest rates last week, for the first time since 2023.
The chipmaker announced plans to unveil next-generation technology at an upcoming tech conference.
St. Louis Federal Reserve (Fed) President Alberto Musalem said interest rates likely need to rise further to tame inflation that is both demand- and supply-driven.