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Finance & Markets

Lumentum's AI Opportunity Meets a Test of Expectations

Jon Quast and Matt Frankel give Lumentum a 7.3 out of 10 as they weigh recurring optical upgrades and AI demand against valuation, customer concentration, and investment needs.

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Nvidia boosts share buyback program by record $150B

Nvidia Corp. today announced plans to spend an additional $150 billion on share buybacks through January 2028. The move represents the largest-ever expansion of a stock repurchase program. Furthermore, Nvidia plans to boost its current dividend of 25 cent per share. The company didn’t specify the size or timing of the planned increase.

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