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Oclaro, Inc. News

Huawei CFO's Arrest Shows How Unpredictable the Trade War Has Become

It's not a given that the arrest of Meng Wanzhou will unravel recent trade war progress. But if Beijing responds by punishing Huawei's U.S. rivals, some major tech firms could be in the crosshairs.

Apple Supplier Lumentum's Warning Likely Has More to Do With iPhone XR Than XS

Recent reports and announcements, together with the timing of Lumentum's warning, make it likely that the iPhone XR is much more responsible for its guidance cut than the iPhone XS.

Component Stocks Rise After Trump Reverses Decision on ZTE

Reports that Trump reversed his decision on ZTE sent stocks from ZTE's business partners shooting up.

ZTE Suppliers Get a Bump as U.S. Softens Stance Amid China Trade Negotiations

The Trump administration is negotiating trade with China and ZTE may benefit.

FMC Corp., Oclaro, Cisco Systems: 'Mad Money' Lightning Round

Jim Cramer takes a look at FMC Corp., Oclaro, Cisco Systems, Stratasys, Washington Prime Group, BB&T Bank, and HCA Holdings.

Breaking News

Tesla Stock Slides On Reports of California Layoffs, Office Closure

Tesla has reportedly closed its San Mateo office, and laid off 200 employees, as it begins a wave of cost cuts throughout the carmaker's global operations.

Nike Stock Slides As As Margin Pressures, China Worries Offset Q4 Earnings Beat

"We think we're well positioned for growth in fiscal year 2023 ... having said that, we did take a cautious approach to Greater China," said CFO Matthew Friend.

New Tesla Product Is a Wish for Fans Hit by Inflation

The manufacturer of premium and high-end electric vehicles became the most profitable American carmaker in the first quarter of 2022.

Walgreens Stock Slides As Group Scraps Plan to Sell UK-based Boots

"As a result of market instability ... no third party has been able to make an offer that adequately reflects the high potential value of Boots," Walgreens said.