https://www.wsj.com/tech/ai/ftc-opens-antitrust-probe-of-microsoft-ai-deal-29b5169a?page=1 The Federal Trade Commission is investigating whether Microsoft MSFT 1.91%increase; green up pointing triangle structured
Ciena reported Q2 2024 revenue of $910.80M, beating analyst estimate of $894.94M. Adjusted EPS of $0.27 beat estimate of $0.15. Total Networking Platforms revenue declined 26.1% while Total Global Services increased 5.4%. Adjusted margins declined. CEO focused on expanding market leadership in optical. Cash and equivalents of $1.42B.