Lumentum sees sales more than double as AI demand swells
Though Lumentum posted blowout earnings and an upbeat forecast, its stock was largely flat after hours.
Though Lumentum posted blowout earnings and an upbeat forecast, its stock was largely flat after hours.
A Salad and Go restaurant in Phoenix, Az. Source: Google Earth Salad and Go has filed for Chapter 11 bankruptcy and is closing all existing locations on Wednesday. The company said in a statement to CNBC that it sought bankruptcy protection due to prior strategic growth challenges, weakening consumer demand and higher costs. Diner fears…
Public conversation about AI advances has been dominated by talk of potential risks and downsides. The recent OpenAI–Hugging Face hack, for example, has raised new alarms about the cyber capabilities of advanced models and our ability to fully control autonomous agents. And even though the weight of the data so far suggest little to no AI impact…
Introduction Over the last few years, concerns have been raised that the existing international taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs of general government services, goods, and activities. system does not properly capture the digitalization of the economy. Under…
I collect books; it’s a big part of my life as an academic. Whenever I travel—whether around New York, across the country, or overseas—I almost always come home with another volume or two. My home and office are lined with books, and friends and family have spent years sending me t-shirts that read, “So Many Books, So Little Time.” My students even regularly…
We thank Henrik Kleven, Jann Spiess, Evan Soltas, and seminar audiences at the CIRANO-CIREQ Workshop on Markets with Frictions 2026, FRB Chicago, Hong Kong University, Institute for Advanced Studies Vienna, Martin-Luther-University Halle-Wittenberg, Princeton, PhD Conference in Economics (Berlin, WZB), Sciences Po, SOLE 2026, Stanford Joint Applied Micro Seminar, UMass Amherst, Wharton, and WZB for useful…
A major story these last few years has been disaffection with Israel. You can’t deny the polling, which shows that a growing number of Americans in both parties are critical of the Jewish state. According to a Pew survey released July 9, just 16 percent of Democrats and 51 percent of Republicans have a favorable view of…