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.

An optical component boom reveals the changing nature of telecom and IT spending.

A string of downbeat earnings reports suggests weak telecom capital spending will take a toll on many companies. That includes some optical component high-flyers.

Fabrinet (FN) reported higher-than-expected revenue for the 2016 fiscal fourth quarter following Monday's market close.

Fabrinet (FN) reported better-than-expected fourth quarter and full-year 2016 revenue after Monday's market close

Here's a look at major tech stories in the news.

"I believe we were late to the market and US vaccination was driven by what was available and shown to work," said Novavax CEO Stanley Erck.

The residential real estate market has stumbled, after soaring in the first 18 months of the covid pandemic.

SoftBank's Vision Fund lost nearly $22 billion in the latest quarter.