{
  "id": 2072592,
  "title": "Optics Stocks Drop on Anthropic News, WSJ Report: Lumentum Down 10%, Corning Down 8%, AXT Down 12%",
  "url": "https://urgent.news/2026/08/18/optics-stocks-drop-on-anthropic-news-wsj-report-lumentum-down-10",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-18T17:00:24.000Z",
  "source": {
    "name": "Yahoo Finance",
    "slug": "yahoo-finance",
    "url": "https://finance.yahoo.com/markets/stocks/articles/optics-stocks-drop-anthropic-news-170024664.html"
  },
  "original_language": "en",
  "account": "Optics stocks are experiencing a sharp decline following news of Anthropic's revenue, as reported by the Wall Street Journal. Lumentum and Corning have both seen significant drops, with Lumentum down 10.1% and Corning down 8.2%, while AXT (AXTI) has declined 12.5%. The main catalyst behind the sell-off is the discrepancy between Anthropic's reported annualized revenue of $65 billion, which is below whispers figures of $80 billion, and the company's estimated 2028 revenue of $190 billion to $200 billion. Additionally, Wall Street analysts are questioning the conservative guidance provided by AI infrastructure suppliers, resulting in a broader risk-off trend impacting the sector.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}