The optical and electronic manufacturing service provider issues a fiscal first-quarter forecast below Wall Street estimates.

Though many tech names still carry high multiples, there are now quite a few with reasonable valuations.

This earnings season is already showing that capital spending from cloud giants remains far stronger than spending from traditional carriers. That affects quite a few hardware and chip firms.

Though Finisar and a couple of other component vendors have offered disappointing outlooks, strong demand from cloud giants should continue propping up the industry.

"High energy prices are largely a result of underinvestment by many in the energy industry over the last several years and especially during the pandemic," Exxon said.

The legacy automaker has just made a decision that will affect consumers buying its electric vehicles via a lease.

A brief overnight inversion of the U.S. yield curve, as well as mounting signs of a near-term recession, have stocks on the back foot heading into the holiday-shortened week.