Why Lumen Technologies Stock Jumped 77.3% Today
Lumen(LUMN) The Motley Fool·2024-07-30 20:38
The boom in AI data centers could pay off for Lumen Technologies. Lumen's Corning deal The idea is to build faster connections between data centers, a key to artificial intelligence advances like building larger and more complex models. Volatility and short-term wins The main caution with Lumen Technologies is the fact that the company's revenue is falling and it's losing money quickly. This could be a turnaround play, but it may also be a great headline with little fundamental improvement to back it up. Th ...