Shares of telecommunications infrastructure company Lumen Technologies (NYSE:LUMN) jumped 4.5% in the afternoon session after Citi raised its price target on the stock to $7.50 from $6 and kept a Buy rating on the shares.
A number of stocks fell in the afternoon session after Federal Reserve Chair Jerome Powell delivered cautious remarks on the economy, spooking investors and pulling indexes back from record highs.
Lumen shares are trading higher Monday after the company announced it is moving forward a multi-billion dollar build with plans to add 34 million new intercity fiber miles by the end of 2028.
Shares of telecommunications infrastructure company Lumen Technologies (NYSE:LUMN) jumped 12% in the morning session after the company announced significant progress on a multi-billion-dollar network expansion to meet the soaring demand from Artificial Intelligence (AI).
Shares of telecommunications infrastructure company Lumen Technologies (NYSE:LUMN) fell 3.9% in the morning session after the company announced its Chief Accounting Officer and Controller, Andrea Genschaw, will resign effective September 23, 2025.
A number of stocks jumped in the afternoon session after the Consumer Price Index (CPI) report bolstered expectations for a Federal Reserve interest rate cut despite showing persistent inflation.
A number of stocks jumped in the afternoon session after renewed investor enthusiasm for the artificial intelligence boom was sparked by a strong forecast from a major cloud provider.
Shares of telecommunications infrastructure company Lumen Technologies (NYSE:LUMN) jumped 9.2% in the afternoon session after the company launched a new high-speed connectivity service, Wavelength RapidRoutes, designed to significantly reduce network provisioning times.
Financial markets are currently gripped by a palpable shift, as recent weakening labor market data and the impending release of crucial inflation reports are coalescing to intensify expectations for Federal Reserve interest rate cuts. This confluence of economic indicators is sending clear signals across the financial landscape, prompting investors, businesses,
Investors can certainly boost their returns by concentrating on stocks trading between $1 and $10.
However, a disciplined approach is necessary because many of these businesses are speculative and lack the underlying fundamentals to support their prices.
Shares of telecommunications infrastructure company Lumen Technologies (NYSE:LUMN) jumped 6.3% in the afternoon session after Goldman Sachs highlighted the company as a key beneficiary of declining debt costs.
Market analysts and financial commentators provide crucial guidance in the volatile investment landscape. Cramer says no to VKTX, but expects PLTR to go up.
Shares of telecommunications infrastructure company Lumen Technologies (NYSE:LUMN) jumped 9.4% in the morning session after the company announced a collaboration with Palantir Technologies to integrate Palantir's artificial intelligence platforms into its business.
Palantir is strengthening its role in the US industry through partnerships with Lear and Lumen and will showcase customer success stories at its AIPCon 8 event in September 2025.
Shares of telecommunications infrastructure company Lumen Technologies (NYSE:LUMN) fell 3% in the afternoon session after Goldman Sachs initiated coverage on the stock with a Neutral rating and a price target that suggests potential downside. The investment bank set a price target of $4.10 per share. This target was notably below the stock's recent trading price of $4.97, implying a potential decline of over 14%. In its note, Goldman Sachs cited "low levels of conviction" regarding Lumen's business turnaround efforts. The firm pointed to the company's ongoing revenue declines, with management not projecting a return to positive revenue growth until 2029. According to the bank, it would require "more confidence revenue can grow" before taking a more positive view on the shares.
Unprofitable companies can burn through cash quickly, leaving investors exposed if they fail to turn things around.
Without a clear path to profitability, these businesses risk running out of capital or relying on dilutive fundraising.
