Pre-Market Decline in US Optical Communication Stocks, MRVL Down 2.92%
On July 1, according to BIT (bit.com) market data, US optical communication stocks experienced a general decline in pre-market trading. Specifically, the Pure Photonics ETF (FOTO) fell by 0.72%; Marvell Technology (MRVL), which Jensen Huang previously called the next trillion-dollar company, dropped by 2.92%; Applied Optoelectronics (AAOI) decreased by 1.83%; Lumentum Holdings (LITE) fell by 1.89%; Coherent Corp. (COHR) declined by 2.16%; and Ciena Corporation (CIEN) was down by 1.36%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Blackstone (BX.US) injects up to $1.5 billion, providing fresh ammunition for Pfizer (PFE.US) in the weight-loss drug race
Pfizer announced on Wednesday that it has reached an agreement with Blackstone to obtain up to $1.5 billions in funding to support the development of its experimental monthly obesity treatment drug.
Bernstein Downgrades Nvidia Rating and Target Price

Google (GOOGL.US) DeepMind launches AlphaGenome 2: Capable of decoding DNA cells with nearly double the mutation identification capacity
Google DeepMind has released its AI model AlphaGenome 2, which is trained on maps of over 100 millions of cells and has nearly double the ability of its predecessor in identifying gene expression variations.

The White House did not intervene in the decision-making of Nvidia's board of directors.
